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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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.
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 15.325
This currency name - Silver
Resistance and Target - 15.445
Support and Stop Loss - 15.205
Always follow Long time frame market trend.
Signal is Sell.
This is very risky investment. According to my limited knowledge the investors should wait and see the every aspects of the market.
The investor checks the actual worth of the stock in the market. Than should take decision to invest or not in this type of security. If you like my opinion plz thanx my post.
Intraday trade:
If a M15 close above 40.11 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 39.66 sell only and do not buy. If price closes back above it again do nothing
The range 40.11 and 39.66 is neutral area, any trade done in between is personal decision and not part of this analysis
Silver
Bearish
Pivot Point 14.43
3 Support 13.87
2 Support 14.13
1 Support 14.25
1 Resistance 14.53
2 Resistance 14.69
3 Resistance 14.93
Intraday trade:
If a M15 close above 40.11 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 39.66 sell only and do not buy. If price closes back above it again do nothing
The range 40.11 and 39.66 is neutral area, any trade done in between is personal decision and not part of this analysis======
Today market analysis
You will earn more money if you will follow my views,because I have posted this after checking the previous routine oaf daily time frame of H1,H4 clearly. some traders use fundamental analysis, other use indicators or supports and residences , believe on your own strategy.
This is very risky investment. According to my limited knowledge the investors should wait and see the every aspects of the market. The investor checks the actual worth of the stock in the market.
All the major Asian indices were trading on a lower note on Thursday. Gold was trading around $1,714 mark while silver was trading around $15.38 mark.
Japan’s Nikkei was trading 1.48 pct lower at 19,260.00 points.
Australia’s S&P/ASX200 was trading 1.22 pct lower at 5,399.70 points.
Hong Kong’s Hang seng was trading 0.74 pct lower at 23,964.00 points.
South Korea’s kospi was trading 0.02 pct lower at 1,856.55 points.
Taiwan’s stock was trading around 0.43 pct lower at 10,402.62 points.
India’s NSE was trading 0.02 pct lower at 8,922.55 points while BSE Sensex was trading 0.14 pct lower at 30,396.55 points.
we predict future values with technical analysis for wide selection of commodities like Silver. If you are looking for commodities with good return, Silver can be a bad, high-risk 1-year investment option. Silver price (per ounce) equal to 15.515 USD at 2020-04-29, but your current investment may be devalued in the future.
Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.