Thread: Silver
If a M15 close above 33 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 31 sell only and do not buy. If price closes back above it again do nothing
The range 33 and 31 is neutral area, any trade done in between is personal decision and not part of this analysis
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zainm6050 (2019-06-09)
the trading now above the level of 31.50 will make the uptrend expected and the pair might continue in it's upmovements heading to 32.00 and then 33.50 and that's before bouncing from the resistance levels
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zainm6050 (2019-06-09)
If a M15 close above 33 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 32 sell only and do not buy. If price closes back above it again do nothing
The range 33 and 32 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
zainm6050 (2019-06-09)
due to the trading now above the level of 31.50 will make the uptrend expected and the pair might continue in it's upmovements heading to 32.00 and then 62.50 and that's before bouncing from the resistance levels
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.
zainm6050 (2019-06-09)
Today the market is moving just sideways and i am not doing anything in this metal today, as i am not interested risk my self in this slow market. i hope tomorrow atleast market takes ritham and start dancing.
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.
zainm6050 (2019-06-09)
If a M15 close above 33 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 31.20 sell only and do not buy. If price closes back above it again do nothing
The range 33 and 31.20 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
zainm6050 (2019-06-09)
I think to see uptrend movement in silver the pair should breaking the level of 31.50,
if the pair success in breaking this level we'd see uptrend movement.
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zainm6050 (2019-06-09)
In daily chart simply ranging. Scalping would be better option. It could fall tomorrow. Price is standing near 50EMA in 4hour chart & will touch 200 EMA in 1hour chart. So sell trade expected.
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zainm6050 (2019-06-09)
Silver has closed below last weeks pivot point on my daily chart, and hence i think still the bearish pressure is high on silver and the pair might move further down next week also. Somehow silver is not able to make a big turn around after falling to sharp 26.00 this month.
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zainm6050 (2019-06-09)
because of the moving under the level of 32.00 as we can see from the chart , I think the down trend is still standing and the pair might head to 28.00 and then 27.50 how ever the pair made any hourly correction
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.
zainm6050 (2019-06-09)
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