Silver breaking its last 6 weeks low. commodity broke down from its symmetrical triangle. A pull back can be expected from 67441 levels but not to an extent to reach to triangle trendline levels Key levels to watch : Supports: 67441, 65222, 63453. Resistance: 72109, 74741.
Upon analyzing the chart, it is evident that silver has been trading within a parallel channel for almost a year, indicating a well-defined price range. In the previous trading session, the price of silver reached the resistance line of this channel. For short-term traders, a critical resistance level to watch is 74060. If this level is not surpassed convincingly,...
The resistance level at 67160 is a critical level for silver's trend, as it will determine whether the current uptrend will continue or a downtrend may be expected. If the price manages to break and sustain above the resistance level, it suggests a continuation of the uptrend, with potential upside targets at 68360 , 68760 , and even as high as 69300+...
Silver quickly turned around on Friday after just breaking the previous low. It followed gold to rebound and rise at night. It has now risen to the key pressure area. If there is no hope of breaking here, the bears will appear again. For silver operation, it is recommended to sell at 20.76, risk control at 20.92, and the target is 20.38~20.26. Silver is...
The fingers kept tapping the keyboard, the eyes seemed to be staring at the computer intently, but sometimes the mind was already wandering, and suddenly became a late sleeper, occasionally thinking about what I did this day and what remains to be done, for fear of What is missing in life, maybe the spirit is too tense, maybe too much to worry about it, a kind...
Talented people do not necessarily have good opportunities; being underappreciated requires less lamentation and more reflection. There is no need to be impetuous in life; the more others look down on you; you have to calm down and examine your own objective conditions before you may find a way that suits your talents. If a person wants to achieve success in...
Miss a car, we can wait, miss a meal, we can date, miss a person, maybe a lifetime, miss an opportunity, maybe another life! Then a very strange problem arises. Many people are looking for opportunities, but when the opportunities come, they refuse and evade in various ways! Will the opportunity tell you: "Catch me, I can make you money, I can turn your life...
Silver and gold basically have no movement within the day. At present, the price has begun to fall, and the original upside -up idea is unchanged. Waiting for today to go back to the place to enter the market more. Silver operation recommendation 20.85 buy, 4.70 risk control, target 21.30 ~ 21.41 ~ 21.67 Black silver is based on the following reasons: 1....
Crude oil rushes as scheduled. After the continuation of the rise within day, it has begun to fall. Falling is an opportunity to start to enter. The plan of crude oil is that low -view buying unchanged. Crude oil operations are recommended to buy 79.95, risk control 79.50, target 81 ~ 81.60 ~ 82.60. Crude oil is based on the following reasons: 1. Crude oil...
It is important to choose a good path, but without the confidence to keep going, you will not succeed. A lot of things just happen in one thought, so when we decide anything, we have to think about it more. The choice is important, but the persistence after the decision is even more important. No matter what choice you make, stick to it and you will achieve...
Diligence and perseverance are indispensable on the road to success, but if a person wants to achieve greater achievements, he must also be able to assess the situation and be flexible when things happen. Silver did not give us an ideal position to enter the market on Friday and rose directly. The first wave of more than 20.7 singles continued to hold and look...
A person, the only one who can grasp hope is himself, and the only one who can give up hope is himself. Resentment and jealousy will only make you lose more. Regardless of success or failure, we all have reasons to applaud ourselves! It doesn't matter if you fall down, get up and continue the journey, then just sing and go. Silver did not give new...
There are many tribulations in life, so we should not be overly sensitive to every slight injury. In the face of the hardships of life, mental strength and indifference are our best weapons against evil and accidents in life. The opportunity to go long in silver at 20.70 yesterday appeared once, and at the same time, short-term profits can also be made. It is...
The silver has develped the good upside view as shown in the chart
It is rising wage pattern a bearish continuation pattern. Most probablity is to break down side and continue bearish trend.
SELLL SILVER CMP MORE add 62200 stop loss 63333 tgt 53000-57000 sooon
Key level: 62110 On 6 June 2021, I had drawn a chart of silver ( ). Wherein, I've shown the silver can collapse up to 0.618 . It has made a low of 62184 and touched 0.618 levels of retracement. If MCX silver crossover and close below the level of 62110 , it will try to hit 60000 - 58900 - 57260 levels. Otherwise, it will take a bounce back from here...
MCX:SILVERM1! SILVERMINI (26 FEB 21), May go upside from some dip for aggressive traders can take long position near 69200-69100 but safe traders can wait for the best entry level down side near 69000-68900. It may find the support near 68440 and upside it may go till 69500-69700