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Silvershort

Silver Levels & Strategy for next few daysDear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. Sagar Bhai, Silver had an excellent run in last 1 month from below 55K level to 63K plus level. Silver has made LH-Lower High pattern on chart, trading below VWAP. Showing sign of tiredness after decent up move. Silver is likely to consolidate or correct from this level. This is a good time to book profit. 59000 to 60000 should be good range to enter in long position for few months. We are likely to get a chance near next US FED hike when US Dollar Index will get stronger. Please review & share your thoughts as well.
MCX:SILVER1!
by manishmgupta
1
Silver (XAGUSD): Key Levels to Watch Next Week Hey traders, What a bullish move on Silver on Friday. Here are the key levels for you to watch next week: Resistance 1: 21.05 - 21.23 area It will be the next goal for buyers most likely. Support 1: 19.06 - 20.07 area Support 2: major rising trend line Support 3: 18.7 - 18.94 area Consider these structure for pullback/breakout trades. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
OANDA:XAGUSDLong
by VasilyTrader
4
XAGUSD - Analyzing Accumulation exit scenarioSilver(xagusd) like gold has broken out of a 2 year long consolidation (accumulation) as well. Now we are looking for lower targets on both metals. Silver can be seen failing to retest the breakout point at 21.5 and therefore, chances are we will see it down. Technical aspects: 1- A rising wedge consolidation and continuation pattern observed on XAGUSD (drawn in green), which breaks out at 18.66 2- We might be having a local head and shoulders situation that are targeting 18.46 but they confirm at 18.66 breakout, although it is small 100 pips target but it is almost a sure shot 3- Silver failed to break higher than the public participation darvas box so we are still projecting downwards 4- That Demand zone I marked with red slit is the most important local zone that needs to be broken to expect further low targets 5- If the Demand zone fails to support the silver metal price, projected targets lie between 14.6-16.2 Note: This analysis is valid as long as we do not break higher than 21.5 accumulation breakout price level! Best of Luck! Happy Trading and Happier Profits :-)
PEPPERSTONE:XAGUSDShort
by Uzi-Trades-Forex
4