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Thread: Silver

  1. #7923
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    Silver is still around the main resistance of the downside movement, without providing any breach of this resistance at 29.05. But, the formation of the double bottom pattern prevents us from expecting the return of the downside movement since silver is not below 28.10 anymore. In addition, we cannot expect an upside move due to the strength of the mentioned resistance levels. Therefore, we remain neutral for the rest of the session today.

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  3. #7922
    Trusted Member FA148P has a reputation beyond repute FA148P has a reputation beyond repute FA148P has a reputation beyond repute FA148P has a reputation beyond repute FA148P has a reputation beyond repute FA148P has a reputation beyond repute FA148P has a reputation beyond repute FA148P has a reputation beyond repute FA148P has a reputation beyond repute FA148P has a reputation beyond repute FA148P has a reputation beyond repute FA148P's Avatar
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    dear mate i am trying to get market technical over view for SILVER

    according to market technical analysis the market have down trend
    the market trend is in sell position
    expected resistance and support levels
    market price ----------15.35

    1- Resistance level----------15.42
    2- Resistance level----------15.48
    3- Resistance level----------15.53
    1- Support level-------------15.29
    2- Support level-------------15.24
    3- Support level-------------15.20

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  5. #7921
    Highly Reputed Member Trump has a reputation beyond repute Trump has a reputation beyond repute Trump has a reputation beyond repute Trump has a reputation beyond repute Trump has a reputation beyond repute Trump has a reputation beyond repute Trump has a reputation beyond repute Trump has a reputation beyond repute Trump has a reputation beyond repute Trump has a reputation beyond repute Trump has a reputation beyond repute Trump's Avatar
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    इस समय में, सुधारात्मक पुलबैक एक डाउनट्रेंड में बदल जाता है और, तदनुसार, कीमत 38.2 के स्तर पर उड़ जाती है, फिबो सुधारक ग्रिड के स्तर 50.0, ये क्रमशः स्तर 15.075, 14.840 .15.120 $ और 15.020 $ हैं। बेशक, एक वैकल्पिक परिदृश्य संभव है जिसमें चांदी की कीमत में वृद्धि फिर से शुरू होती है, $ 15.420 से ऊपर जाती है और समेकित होती है, फिर $ 15.520 और $ 15.580 का रास्ता खुल जाएगा।

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  7. #7920
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    The trading rang today is among the major support @ 33.30 and the key of resistance @ 35.70.
    The general over short term basis is to the downside targeting 34.10 as far as area of 33.30 .

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  9. #7919
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    The Silver is still trading and hesitating below the 31.50 resistance level which indicates that the Silver will soon resume its bearish movement we donot see any bullish movement in the near term. According to my chart analysis, I prefer to selling the Silver around 31.50 with targets 30.70, 30.20 then 29.60 and stoploss with four hour candle closing above 31.75.

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  11. #7918
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    Good about silver this time is that it is just following gold and this time again it recovered wintessing good buying below 28 level. so no worry until 27.50 is hold.

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  13. #7917
    Member Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p's Avatar
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    XAG/USD At this moment the pair has been moving abovenext level of rsistence 28.841 if it breaks will meet 2900 For support we have 28.296 and 28.175 Last time price was at that level had a good reaction i expect this level to hold. Is near 0.78 fibonacci number, price is trading at the moment aboveyesterday low.
    Today Daily Pivot point for this pair is 28.691

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  15. #7916
    Trusted Member SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P's Avatar
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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.



    Recommendation : Based on the charts and explanations above, our opinion is selling silver around 28.00 and taking profit in stages at 27.45, 27.20 and 26.15 and stop loss below 29.05 might be appropriate

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  17. #7915
    Trusted Member SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P has a reputation beyond repute SA153P's Avatar
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    Today silver current rate 15.340
    Today by observing all the routine of the market carefully i have come to know that
    the most suitable and the most profitable selling point will be 15.285
    and the most profitble buy point will be 15.402
    I hope you will follow my signals
    good luck

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  19. #7914
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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.

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