Silver is at a critical point as it is approaching Resistance (1) at 24.600 that is holding for the past 3 months.
The MA50 (1d) is flattened and is inside the Pivot Zone.
Trading Plan:
1. Sell as long as the price is closing under Resistance (1).
2. Buy if the price closes (as 1d candle) over Resistance (1).
Targets:
1. 22.250 (Pivot Zone).
2. 26.000 (under Resistance 2).
Tips:
1. RSI (1d) crossed over the 70.00 overbought level. Every such crossing always made a pull back to the Pivot Zone.
2. Long term the price is supported on a Rising Support. Unless this breaks, the long term trend is bullish.
Please like, follow and comment!!
The MA50 (1d) is flattened and is inside the Pivot Zone.
Trading Plan:
1. Sell as long as the price is closing under Resistance (1).
2. Buy if the price closes (as 1d candle) over Resistance (1).
Targets:
1. 22.250 (Pivot Zone).
2. 26.000 (under Resistance 2).
Tips:
1. RSI (1d) crossed over the 70.00 overbought level. Every such crossing always made a pull back to the Pivot Zone.
2. Long term the price is supported on a Rising Support. Unless this breaks, the long term trend is bullish.
Please like, follow and comment!!
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰