silver trying to change its trend direction from fibbo level 23.6
i think this time silver break its resistanc level 38.53
Thread: Silver
silver trying to change its trend direction from fibbo level 23.6
i think this time silver break its resistanc level 38.53
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It seems the price of silver will go to the top, a 4 hour chart seen a trend to have a breakdown of the top level of 32.80, but the way of growth, there are still 33.20, but I think after a sideways movement in the range of 32.80 - 33.20 buyers gain the position and the price shot to 34.20 ...
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Silver has formed a breakthrough medium-term inclined level of support, if now the price will break through the horizontal support 22.13 this could be a strong signal to sell, this breakthrough may again open up the bears target levels 21.00, 20.20.
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Silver
techncal analysis silver
this is a sensitive price rate
the price silver buying point is 14.655 and the selling point 14.602
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Technical analysis of silver is bullish trend
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:14.59
2> Resistance level is: 14.65
3> Resistance level is: 14.71
Supporting level is
1> Supporting level is: 14.44
2> Supporting level is: 14.35
3> Supporting level is: 14.28
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ah15 (2018-12-24), ba33 (2018-12-25), batool (2018-12-24), FA148P (2018-12-24), Fiya (2018-12-31), FM1881 (2018-12-25), FM2127 (2018-12-24), Galaxy (2018-12-24), isha (2018-12-25), kanita (2018-12-24), Pak003 (2018-12-25), PAK786 (2018-12-24), SA148P (2018-12-28), SA153P (2018-12-26), Shahzada148p (2018-12-24), Trump (2018-12-30), Unregistered (2), waso691 (2018-12-25)
Silver is also bullish trend and i hope soon crossing the price 14.97
so today supporting and resistance level
first resistance level is , 14.72 and other resistance level is , 14.88 and the supporting level is 14.52 and other supporting level is 14.35
and today set the take profit at the price 14.82 and set the stop lose at the price 14.55 i think today hit the price and trend is good buying trend,
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ah15 (2018-12-24), ba33 (2018-12-25), FA148P (2018-12-24), Fiya (2018-12-24), FM1881 (2018-12-25), FM2127 (2018-12-24), Galaxy (2018-12-24), IGI (2018-12-24), isha (2018-12-25), kanita (2018-12-24), Pak003 (2018-12-25), PAK786 (2018-12-24), SA153P (2018-12-26), sarowhite (2018-12-24), Shahzada148p (2018-12-24), Unregistered (2), waso691 (2018-12-25), zulfiqar5564 (2018-12-24)
elieve it or not, these intraday dips are opportunities to build long positions. Intermediary support remains at 30.60/70, followed by 30.20, while resistance is fixed at 33.60/70, followed by 34.30/40 and 35.10 respectively. It is recommended to hold long positions taken yesterday and look to add further longs on dips. It remains possible that another low might form around the 30.20/50 region before the next bull run begins. Trend moves upwards.
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.
ah15 (2018-12-24), ba33 (2018-12-25), batool (2018-12-24), FA148P (2018-12-24), FM2127 (2018-12-24), Galaxy (2018-12-24), IGI (2018-12-24), isha (2018-12-25), NOOR151 (2018-12-24), Pak003 (2018-12-25), PAK786 (2018-12-24), SA148P (2018-12-28), SA153P (2018-12-26), Shahzada148p (2018-12-24), zulfiqar5564 (2018-12-24)
After understanding the analysis I am trying to discuss Silver pair today.
After spending a great time on this pair I would be able to understand the trend of this pair. I am not 100% sure about it but it is my opinion only.
Trading recommendation for a big profit is… ( buy )
I use the moving average for analysis
Moving Average (period 60) Red: up
Moving Average (Period 10) Yellow: up
Moving Average: (Period 200) green: state
Crossing Point: 14.646
End point of today market: 14.680
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Daily (SA148P) updates for Silver
////////////Today\\\\\\\\\\\\\\
Standard Support – Resistance:
Resistent3: 14.828
Resistent2: 14.752
Resistent1: 14.705
Pivot level: 14.628
Support 1: 14.552
Support 2: 14.505
Support 3: 14.428
--- Trading opinion for the best profitable trade: Open Sell ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
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.
it seem the silver has broke the trendline, from my analysis the metal will go up until 41 - 42 area to complete the wave c swing, if that happen we can see an abc correction swing unfold, maybe then a sell setup will unfold my target has been achieved , now:
it is likely to go up till 36.18 because the pair now on the broked trend line.as you see in my chart above.
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