Silver Analysis (Comex):
- On daily chart silver is making higher top higher bottom formation confirms the trend is up.
- Also the price is above the short term moving averages suggest the further trend confirmation.
- As shown on daily chart after trend line (line 2) breakout silver again testing the same trend line support. Holding the same gives more strength to bulls.
Conclusion :
- Silver (Comex) may test $ 19.70 levels in coming days. (This analysis fails if silver breaks $16.50 levl)
- In MCX silver may test 43600 levels in coming days. (This analysis fails if silver breaks 36500 levels)
No comments:
Post a Comment