This is the char of Silver Micro. As we can see the price has been falling out from almost a week and have entered in over sold zone the RSI shows a bullish divergence on 4 hour TF. Price can reverse from here and might reach to 68500 level.
- Silver 1D TF Trading in range and may touch Upper Range. - DO no t expect it to Break upper range and one more move to lower range is expected - Commodity price will increase as per news
Silver mic downward flag. Bearies continuation . 4hr time frame Volume: downwards. Possibility : High to break down again. Position to short : 60600 & below. SL: 61150 Target : SL*2. Disclaimer: Study purpose only.
Trade in pressure zone so Trade in small quantity and play with level to level .... Good luck 🤞
Hi, In Daily chart, Morning star pattern formed and yesterday's bullish candle confirming the reversal of trend. Buy SilverMIC Nov futures at CMP of 60681 to 60750 for a target of 62800 to 63000 in 8-10 trading sessions. Please maintain the stop loss at 59400
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ready to enter the channel nearing resistance on 4h chart. trade the levels
silver is close to resistance area given that price failed to break out all times high i assume there is no longer a bullish attack which means we might have a retest on suppot