Rupesh
Long

BUY SILVER T1 16.70 T2 17.20 T3 18.20 SL 15.60

FX:XAGUSD   Silver/U.S. Dollar
91 5 2
Technical outlook and chart setups:
Silver             had dropped to expected levels ($16.00/15.80 SEE 4 hourly charts ) yesterday before pulling back. This could be a final drop before a rally resumes towards $18.20/50 levels in the coming sessions.
Bulls should be in control till prices stay above $15.60 and $15.30 levels subsequently.
It is recommended to initiate fresh long positions here, with a risk below $15.30 levels. Immediate support is seen at $15.60 (interim), followed by $15.30 and lower while resistance is seen at $17.40/50 (interim), followed by $18.40/50 and higher respectively. Trading recommendations: Initiate fresh long positions around $16.20/25, stop at $15.60.
BREAK OUT >>>> Break Out Direction is UP
A target is open T1 16.70 and T2 17.20 T3 18.20
Good luck!

Rupesh
2 years ago
please do comment.
Reply
I sort of agree with you..but I think we'll see another correction back to 14 range first.
OR
A rally or rise back to Mid 17's followed by a correction.
Reply
Rupesh anthony.pham00
2 years ago
T1 achieved sir
Reply
Rupesh
2 years ago
Target1 First Achieved.
Reply
Rupesh
2 years ago
PLEASE REVISED STOP LOSS FROM 15.60 TO 16.40
Reply
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