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Silver (XAG)

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SILVER Technical analysis indicates that the pair has breached key support levels, suggesting potential for further declines. The next significant support is around 1.21779, with resistance near 1.25240. The Relative Strength Index (RSI) has fallen below 30, indicating an oversold condition, which could lead to short-term bullish corrections

The current price of silver stands at 29.8000, making this an excellent opportunity to consider buying. Based on market analysis, we have identified two potential target levels for this trade. The first target is 30.0000, offering a modest gain, while the second target is set at 30.6000 for a higher potential return.

To protect your investment, it is advisable to set a stop-loss (SL) at 29.2000. This ensures that if the price moves downward unexpectedly, your losses will be limited. Risk management is essential in trading, and the stop-loss serves as a crucial safeguard for your capital.

These targets are based on technical analysis and current market conditions, reflecting a well-calculated trading opportunity. However, it’s important to remain vigilant, as markets can change rapidly due to external factors.

Monitoring the price movement and staying updated with news related to silver can help you make better decisions during the trade. Ensure that this trade aligns with your financial strategy and risk tolerance.

In summary, buying silver at 29.8000 with targets set at 30.0000 and 30.6000, along with a stop-loss at 29.2000, offers a structured approach to potential gains. Always trade responsibly and stay informed about market trends for the best outcomes.


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NIFTY GOLD SILVER BTCUSD Happy Makar Sankranti / Pongal to all, my house is lit with solar lights : )
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SILVER Emotions are Your Enemy
Trade with a clear mind, avoiding emotional decisions. Fear and greed can cloud your judgment, leading to poor trading choices

SILVER Next Target 🎯 🎯 tradingview.com/x/oPaOZcj7
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XAGUSD more downside are coming.....

SILVER is oversold now, great price to open a buy btw

SILVER There is no hope for any other indices (especially GBP/EUR and AUD/NZD are weakening). Investors are more in favor of buying metals and I believe Silver will have more gains comparatively in 2025! good luck

SILVER Waiting for 15 Mints charts to show upside momentum! good luck....
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SILVER Assessing the lower time frame for a buy! good luck
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