SubscribeSilver Resistance + Support
Resistance UP
1> Resistance 14.745
2> Resistance 14.864
3> Resistance 14.977
Support DOWN
1> Support 14.657
2> Support 14.461
3> Support 14.540
Thread: Silver
Silver Resistance + Support
Resistance UP
1> Resistance 14.745
2> Resistance 14.864
3> Resistance 14.977
Support DOWN
1> Support 14.657
2> Support 14.461
3> Support 14.540
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Silver
Resistance and supporting Level is :
Resistance level 1 15.01
Resistance level 2 15.11
Resistance level 3 15.21
Support level 1 14.91
Support level 2 14.81
Support level 3 14.71
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forex market is called the trading platform for the foreign currency while the silver is the commocdity and thus also the forex russian market focus on gold like silver and other commodities and thus gain the maximum return and boost our balance of account.forex is the reliable and trusted site to invest also.
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.
kanita (2019-05-11), Moon22 (2019-05-11), omergul (2019-05-11), Shahzadahmed4850 (2019-05-11), zainm6050 (2019-05-20)
Pivotal Points: 14.723
Resistance 3: 14.971
Resistance 2: 14.898
Resistance 1: 14.797
Support 1: 14.622
Support 2: 14.548
Support 3: 14.447
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kanita (2019-05-11), omergul (2019-05-11), Shahzada (2019-05-12), Shahzadahmed4850 (2019-05-11), zainm6050 (2019-05-20)
My analysis of Silver
Resistance and supporting Level is :
Resistance level 1 15.01
Resistance level 2 15.11
Resistance level 3 15.21
Support level 1 14.91
Support level 2 14.81
Support level 3 14.71
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Silver still moving in a bearish trend now, and it still strong enough. Now, Silver is moving near 19.819 support level. If Silver can fall and break that support level, I think it will make Silver continue falling to the next support level at 19.450. But if Silver doesn't break 19.819 support level, Silver may makes a correction movement to the resistance level at 20.193 or higher.
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.
kanita (2019-05-11), omergul (2019-05-11), Shahzada (2019-05-12), Shahzadahmed4850 (2019-05-11), zainm6050 (2019-05-20)
XAG/USD movement is still in Bearish bias, seen from the H1 chart there is a rising wedge pattern. Today's trading strategy wait for Support in the range of 16.753 breaks to find confirmation of Sell signal with potential price down to the range 16.691 - 16.590. As an alternative consider the resistance at 16.916 to find confirmation of Sell signal with potential price back down to the range 16,763. However beware if it turns Resistance at 16.916 breaks as it could potentially turn the intraday bias into Bullish and lift XAG/USD further up to the range 17.017 - 17.118.
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.
kanita (2019-05-11), omergul (2019-05-11), Shahzadahmed4850 (2019-05-11), zainm6050 (2019-05-20)
Pivot (invalidation): 1280.00
Our preference
Long positions above 1280.00 with targets at 1288.50 & 1291.50 in extension.
Alternative scenario
Below 1280.00 look for further downside with 1276.50 & 1272.50 as targets.
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28 Level is working as good support level and even at those times silver went below 28 in panic there was good value buying witnessed, currently level has become attactive for long term investors and we may stay long with stop loss of 2750 breaking which further panic may be witnessed.
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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.
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.
00923027642346 (2019-05-11), kanita (2019-05-11), omergul (2019-05-11), Shahzada (2019-05-12), Shahzadahmed4850 (2019-05-11), zainm6050 (2019-05-20)
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