Silver

[talhaahmad04]

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.

[Shahzadahmed4850]

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.

[00923027642346]

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.

[lover222]

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.

[lover222]

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."

[00923027642346]

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.

[Rahim217]

Originally Posted by nilu
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.
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."

[148]

Siver
Trend is ....Bullish
Crunt rate is .....14.745
Position is. ....buy
Resistance
1> Resistance ,,,,,,,,,,,14.825
2> Resistance ,,,,,,,,,,,14.890
3> Resistance ,,,,,,,,,,,,14.955

Support level
1> Support,,,,,,,,,,,,,,14.735
2> Support ,,,,,,,,,,,,14.690
3> Support ,,,,,,,,,,,,,14.682
That's good
If you like then ,,,,,,,,,,click THANKS

[ba33]

Pivot (invalidation): 14.7000

Our preference
Long positions above 14.7000 with targets at 14.8600 & 14.9500 in extension.

Alternative scenario
Below 14.7000 look for further downside with 14.6200 & 14.5700 as targets.

Comment
The RSI calls for a rebound.

[5150]

Silver Price Forecast – Silver markets fall during Thursday sessionSilver markets fell again during the Thursday session as we continue to see a lot of struggles in the marketplace. We are still in a descending wedge though, so as a general rule those tend to be bullish. However, we certainly don’t have any signs of that kicking off quite