Rupesh
Long

Buy Silver With STRICT STOP LOSS 16.15 WITH CLOSING

FX:XAGUSD   Silver/U.S. Dollar
17 0 1
Technical outlook and chart setups:

Silver             drops beyond minimum expected price at $17.35 . The metal broke below the levels of $17.35, the Fibonacci 0.382 support, and dropped towards the levels of $16.70 as seen here. Please note that a bounce from here is expected since it is Fibonacci 0.618 support of the rally between $15.50 and $18.50, respectively. Immediate support is seen at $16.50 followed by $16.20, $15.50 and lower while resistance is seen at $18.20 followed by $18.40/50, $18.90 and higher, respectively. It is recommended to remain long and also look for adding further positions here. Bulls should remain poised to rally through fresh swing highs in the coming sessions. Trading recommendations: Remain long, add further positions here, stop is at $16.15, target is $21.00. Good luck!

Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out