Silver

Today market trend: Bullish

Resistance and Support points are depend on market news

So before trading see indicators and then take a decision for trading

Always keep patience and get a huge profit in your trading

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News) - Holdings of silver by exchange-traded funds have risen sharply this week along with the price, analysts said.

As of 9:40 a.m. EDT, the most-active Comex May silver contract was trading at $14.54 an ounce, which was a gain of 17.4% since last Friday’s close. The metal rose along with gold this week in the wake of a Federal Reserve announcement of open-ended quantitative easing.

Precious-metals ETFs trade like a stock but track the price of the commodity, with metal put into storage to back the shares. Market participants track the inflows as a gauge of investment demand.

“Silver ETFs have registered massive inflows this week,” said Commerzbank analyst Carsten Fritsch.

Silver
Trend is looking bullish
Position Hey buy ki
Resistance hay 14.345
Support hay 14.255
Macad show us 45% buy
MA 200 shows buy now .:1f628:

abhi silver 23.6 or 38.2 ke bich me upr niche ho rha he. or es level pr strong support or resistance b he. agar silver en level k upar ya niche jaanta he to ham nae trade kr skte he.

TORONTO/OTTAWA (Reuters) - The Bank of Canada slashed its key overnight interest by 50 basis points for the third time this month on Friday in an effort to support the financial system and the country's economy amid the coronavirus pandemic.

The central bank unexpectedly cut its overnight interest rate to 0.25% from 0.75%, the lowest in more than a decade, after taking the same step on March 13 and March 4 and said it stood ready to take further action as required in order to support the economy and keep inflation on target.

"The spread of COVID-19 is having serious consequences for Canadians and for the economy, as is the abrupt decline in world oil prices," the Bank said in a statement.

high level points of current day -
14.607
low level points of current day -
14.347
pair is highly in buy direction.

Hallow friends Hope all of you are fine!
Everyone made his stretigy by its own opinions.
Trading stratigies as our demand like gold trading is most beneficial as compared to other currencies
the matter is not the trading of gold at all But, Important is the ways through which we gain our profit or loss.
So we all want to attend or recieve all informaton that is important to know the traditional trading environment.
We always admit this is the best plateform ,
I mean Indian Forex is always be the best plateform ever.
Hopefull next always we are helped to each others to understand the basic environment.
So friends be carefull and helped each other.
One important thing else is the power momentum indicator which as you can see show a low power of the bullish trend which can be used to filter the entry of buy positions.
the best approach is only Gold trading all friends So our first priorities are trading through Gold statistics.
Best of luck!!
Keep it Up !!
Thank You.

Today Market trend/Buy
Current price aur previous price market ke Buy hony ka ishara de rahe hain
Resistance and Support points bhi market ke Buy hony ka ishara de rahe hain
is liye hamein is mein BUY hi karnaa chahiye is ke market mein aj hamein is mein Buy mein se profit mile ga

high level points of current day -
14.658
low level points of current day -
14.488
pair is highly in buy direction.

Forex Forecast with price level
Silver - pair in focus.
Current Price - 14.555
main support level - 14.517
main resistance level - 14.601
Pair likely to be in Sell today.