Silver after Strong Hammer, again in buy zone for Target of 35

Mis à jour
Silver after trying to follow hammer action tried breaking 33.40-33.60 region thrice in 3 days, and reversed from this very point..

I suggest buying at 33.40-33.60 for target of 34.85, 35.70, 37 in next 3-5 days..

Keep Strict SL of 33.40, if broken exit the trade or hedge the positions, as next target downside will be 32.50.

RSI is also very low for 5min, 10min, and 15min charts..
Transaction en cours
As per view, Silver is coming upside and a good recovery and Wave 1 is observed.. Pls. don't panic, in case of any sharp fall, as Wave 5 finish will be between 35.5 - 37 range.

Untill November 5, US elections, and then November 15th this momentum will continue towards upside.
Transaction en cours
SL Revised to 33.10

7th time 33.30-33.50 area is getting touched but not breaking down..

RSI very low in 5m, 10m and 15m charts..
Transaction en cours
We are in good profit currently at 34.10

Our SL was smartly chosen as there was a manipulative move going on in silver..

Change you SL to 33.90 now, and wait for targets..
Transaction en cours
Price reached to 34.25 high approximately..

Change you SL to 34.10 now, and wait for targets..
Trade fermée: ordre d’arrêt atteint
Trailing SL Hit after News..

Good profit booked
Chart PatternsTrend AnalysisWave Analysis

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