Silver

[vampire]

I see the consolidation first here. Look, this consolidation still appear near that 23.6 fibo at near price 27.86. The Stoch condition till now still look bearish, so, because of this, I see the more bearish probably here again if then price can break don more that Strong Low fibo (26.76) of course. Look, we can see that till now - the big trend on this silver pair still on bearish, of course.
[IMG][/IMG]

[pinkubond33]

ne more success on yesterday , this go up and hit the 50 pips more now today sell pending order at 38.19 tip 50 pips or this may go down to 37.12 lets see and tell me the success..............

[Maham Gill]

Main ye thread SILVER ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

bahi main an aj tak silver par be trading nahi ke ha esi waja sa q k main newbie hoon es wjaa sa mauaj es pair par boht zada experience nahi ha or amin trading main boht sara profit be earned nahi kar pa rha ahoon or mauaj trading main kafi maza a rhaha ha.

[ashaab]

Silver reversed to the downside affected by the minor resistance of 27.70, reflecting that the upside momentum is insufficient to retest the critical resistance of 28.05. The downside movement might continue today affected by the main resistance of the descending channel shown above. A breach of 27.45 is necessary to confirm the bearishness, where this level represents an ascending support level as shown above in pink.



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

[vampire]

The Silver till now also look on bearish trend of course. We can see the price can break down to that 23.6 fibo (27.86) = break from top, I see. And we can see too that stoch now look bearish - with this condition = Yes, I see the nice Sell OP here and I see the max. bearish for this silver can be touch to that Low fibo (26.76) of course.
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[ashaab]

As shown above on the 4-hour interval, we find the silver reversed to the downside, while the metal attempts to settle again below EMA 20, which weakens the formation of the double bottom pattern and strengthens the effect of the descending channel. RSI attempts to confirm the breach of the 50-point level. Therefore, we expect a downside movement during the rest of the session today, taking into consideration that a breach of 29.05 might significantly bring the positivity back.



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

[vampire]

Silver or XAGUSD on my look till now still to be more bearish - this bearish look strong again after the price can break more down again to the 23.6 fibo (27.86) - if that happen = yes, I see the nice sell till max. TP to near that Low fibo again (26.76). But as long as the price still move above that 23.6 fibo = wait and see here could be better choice first, I see.

[ashaab]

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.



Recommendation : Based on the charts and explanations above, we remain neutral awaiting more confirmations

[mamun559]

How can i do it?

[yogesh]

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.