The trading rang for today is among the major support @ 33.50 and the key of resistance @ 35.30.
The general over short basis is to the upside targeting 34.80 as far as area of 35.30 .
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The trading rang for today is among the major support @ 33.50 and the key of resistance @ 35.30.
The general over short basis is to the upside targeting 34.80 as far as area of 35.30 .
\\\\\\Silver also fallen well to the south now the price is consolidating around 31.00 figures are already showing signs of the seller and the horizontal resistance around 31.20 (there was the formation of the top 2 of fractals, which are also significantly higher than the price of moving an alligator is not, at the break of 31.00 will be adding more pieces per sale .\\\\
the level of anxiety in the markets that will benefit gold and silver traders; this trend however is likely to dissipate very in the next few days and then silver prices will stabilize and resume their slower upward trend.
elieve it or not, these intraday dips are opportunities to build long positions. Intermediary support remains at 30.60/70, followed by 30.20, while resistance is fixed at 33.60/70, followed by 34.30/40 and 35.10 respectively. It is recommended to hold long positions taken yesterday and look to add further longs on dips. It remains possible that another low might form around the 30.20/50 region before the next bull run begins. Trend moves upwards.
dear silver i like ti much because it is very big profit give us so dear bat ye ha k ye is wkt b dwon ye pechly hafty sy b down th is hafty b ha ku k eur/usd up hain jesy e ye nechy ay gy usd strong ho jy ga to ye up jy ga tizi sy ab to ye 29.95 py a chuka ha ,
i also open buy order but i did not close till.
silver movement different...
but one thing is sure that is " if you want to enter with buy order for long term then you never book loss..you will earn a lot of pips."
Silver doing extension from 34.39, threatens full retracement of 30.65/34.39 upleg, as bearish resumption through 30.65 base sees potential for fresh weakness towards 29.68, expansion of wave from 34.39.
Today’s technical analysis-
again silver is give a good chance for trading. in h1 time frame we can see that price is rejected form the level 29.50. we can long the silver with first tp is 30.26
Resistance 3- 32.53
Resistance 2- 31.88
Resistance 1- 30.91
Pivot point- 30.26
Support 1- 29.29
Support 2- 28.64
Support 3- 27.67
As long as price stays below ema 50, the trend will remain bearish trend
During the last MACD below the level 0, the trend will remain bearish trend
Trend: Bearish
Target: 28.29
\\\\Silver continued to fall, the price broke through the last few days a number of very strong support levels among them 30.65, then could not resist, and mark in figure 30.00 (very strong), now the price is again left to the correct side and have that much experience on the strength but in as resistance 30.00 figure, not in a hurry to close the sale, I think after such a sharp decline and capacity below 30.00 will go even lower price, the goal of 29.50, 29.00.\\\\