Yesterday morning i also bough silver but ut didn't reached my target but able to cross above the 37 levels and i closed with few pips of profit, Not able to understand silver movement.
Yesterday morning i also bough silver but ut didn't reached my target but able to cross above the 37 levels and i closed with few pips of profit, Not able to understand silver movement.
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The 4 hour chart, silver now stand at 19.62 dollars to support the above, but also in the 100 moving average near $19.74 encountered resistance. On the daily charts, stochastic excessive tension, or callback pressure.
Resistance, 100 day moving average at the first near $20.17, 50 day moving average at $20.48 then in line; support at $19.13, then at the $19 mark
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Silver responded to the main resistance of the symmetrical triangle formation, while consolidation below 28.60 and 29.05 drives us to hold onto our morning expectations as they are . But we signal that a breach of 29.05 might complete a bullish technical structure and trigger a strong bullish wave.
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Silver
Looking trend of this is bearish
Resistance Level
Resistance Level 1 : 15.044
Resistance Level 2 : 15.084
Resistance Level 3 : 15.124
Support level
Support Level 1 : 14.944
Support Level 2 : 14.885
Support Level 3 : 14.834
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Moon22 (2019-05-10), Muneer7171 (2019-05-10), NOOR151 (2019-05-10), omergul (2019-05-10), zainm6050 (2019-05-20)
Pivot (invalidation): 14.8000
Our preference
Long positions above 14.8000 with targets at 14.9700 & 15.0700 in extension.
Alternative scenario
Below 14.8000 look for further downside with 14.7300 & 14.6400 as targets.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Moon22 (2019-05-10), Muneer7171 (2019-05-10), NOOR151 (2019-05-10), omergul (2019-05-10), raoadnan14685 (2019-05-09), Shahzada (2019-05-10), zainm6050 (2019-05-20)
Silver
Looking trend of this is bearish but position is buy
Pivot point is.....14.998
Resistance
1> Resistance ,,,,,,,,,,,15.045
2> Resistance ,,,,,,,,,,,15.085
3> Resistance ,,,,,,,,,,,,15.125
Support level
1> Support,,,,,,,,,,,,,,14.945
2> Support ,,,,,,,,,,,,14.890
3> Support ,,,,,,,,,,,,,14.835
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Moon22 (2019-05-10), Muneer7171 (2019-05-10), NOOR151 (2019-05-10), omergul (2019-05-10), raoadnan14685 (2019-05-09), Shahzada (2019-05-10), Shahzadahmed4850 (2019-05-09), zainm6050 (2019-05-20)
XAGUSD appears to be in bearish condition on the hourly chart. As a silver trading strategy based on technical analysis today you can look for sell signal if support at 16.850 breaks with potential target up to the range 16.748 - 16.685. However, be careful if the price continues to hold above support at 16.850, as it will potentially push the silver up to the range 17,015 - 17,116.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
NOOR151 (2019-05-10), omergul (2019-05-10), raoadnan14685 (2019-05-09), Shahzadahmed4850 (2019-05-09), zainm6050 (2019-05-20)
Silver responded to the main resistance of the symmetrical triangle formation, while consolidation below 28.60 and 29.05 drives us to hold onto our morning expectations as they are . But we signal that a breach of 29.05 might complete a bullish technical structure and trigger a strong bullish wave.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
raoadnan14685 (2019-05-09), Shahzadahmed4850 (2019-05-09)
A definition is a statement of the meaning of a term. Definitions can be classified into two large categories, intensional definitions and extensional definitions. Another important category of definitions is the class of ostensive definitions, which convey the meaning of a term by pointing out examples.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
raoadnan14685 (2019-05-09), Shahzadahmed4850 (2019-05-09)
Happy Ramadan 2019 Wishes Images: Ramadan/Ramzan is observed to remind people of the sufferings of the less fortunate and to come
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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