SILVER 4H : Support further rise up
Updated
SILVER
New forecast
The price perfectly fulfills my last idea and the price reached to our targets .
The price of silver traded with strong positivity to succeed in achieving all of our suggested positive targets at 24.60, and we notice that the price penetrates this level and tries to hold above it, to support the chances of achieving more gains during the coming period, noting that our next targets reach 25.00 and 25.25 and then 25.50.
Therefore, the upward trend scenario will remain possible in the near term, noting that stability above 24.60 represents the first condition for achieving the expected goals. so breaking 24.60 will force the price to start a negative correction to 24.14 level and then rise up again .
The expected trading range for today is between support 24.35 and resistance 25.00 .
Additionally ,Today News will affect the market .
resistance line : 25.00 , 25.50
support line : 24.60 , 24.35
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New forecast
The price perfectly fulfills my last idea and the price reached to our targets .
The price of silver traded with strong positivity to succeed in achieving all of our suggested positive targets at 24.60, and we notice that the price penetrates this level and tries to hold above it, to support the chances of achieving more gains during the coming period, noting that our next targets reach 25.00 and 25.25 and then 25.50.
Therefore, the upward trend scenario will remain possible in the near term, noting that stability above 24.60 represents the first condition for achieving the expected goals. so breaking 24.60 will force the price to start a negative correction to 24.14 level and then rise up again .
The expected trading range for today is between support 24.35 and resistance 25.00 .
Additionally ,Today News will affect the market .
resistance line : 25.00 , 25.50
support line : 24.60 , 24.35
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Note
SILVER
Update
Silver price is trading around the pivotal support 24.64, and is maintaining its consistency above it so far, waiting to stimulate the price to resume the expected upward trend for the coming period, which targets the 25.00, then 25.25 and 25.50 levels as the next main stations.
Therefore, the bullish trend scenario will remain effective supported by moving average 50 that is continue to support the price to rise up , keeping in mind that breaking 24.35 will stop the expected rise and put pressure on the price to turn lower. so it is possible to do a retest and then rise up .
The expected trading range for today is between support 24.35 and resistance 25.00 .
Additionally ,Today News will affect the market .
resistance line : 25.00 , 25.50
support line : 24.60 , 24.35
Attention : we don't have any group in telegram be careful about scammers.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Trade closed: target reached
SILVER
Update
The price perfectly fulfills my last idea and price reached to our second target .
The price of silver traded with noticeable positivity yesterday, succeeding in achieving our first awaited target at 25.00, and approached our second target, waiting for the resumption of the bullish wave, whose next target is at 25.25 and extends to 25.50.
Therefore, we continue to favor the upward trend for the coming period, paying attention to the importance of stability above 26.60 to achieve the expected goals.so it is possible to do a retest and then rise up .
The expected trading range for today is between support 24.60 and resistance 25.50 .
Additionally ,Today News will affect the market .
resistance line : 25.25 , 25.50
support line : 24.60 , 24.35
Attention : we don't have any group in telegram be careful about scammers.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Trade closed: target reached
SILVER
Update
The price perfectly fulfills my last idea and price reached to our first target and still running.
The price of silver fluctuates around the 25.00 area after reached to our first target and resumes its positive trading to cross the 25.00 barrier, reinforcing expectations of a continuation of the upward trend, remembering that our next target is at 25.25 level and 25.50 level .
Therefore the upward scenario will be remain valid and effective during coming period , The moving average 50 support the proposed positive scenario, keeping in mind that breaking 24.60 will stop the expected rise and put pressure on the price to turn lower.so it is possible to do a retest and then rise up .
The expected trading range for today is between support 24.60 and resistance 25.50 .
Additionally ,Today News will affect the market .
resistance line : 25.25 , 25.50
support line : 24.60 , 24.35
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Trade closed: target reached
SILVER
Update
The price perfectly fulfills my last idea and price reached to our second targets .
The price of silver rose in yesterday's trading and opened with additional positivity to reach the outskirts of the expected target at 25.50, which supports the chances of surpassing this level to open the way to achieving additional targets up to 26.00.
Therefore, the bullish trend scenario will remain valid and effective for the coming period, The moving average 50 continue to support the price to rise up , keeping in mind that failure to breach 25.50 may force the price to decline to test the pivotal supports 25.00 and 24.60 before any new positive attempt.
The expected trading range for today is between support 25.00 and resistance 26.00.
Additionally ,Today News will affect on the market .
resistance line : 25.50 , 26.00
support line : 25.00 , 24.60
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Trade closed: target reached
SILVERThe price perfectly fulfills my last idea and price reached to our first target.
close it or if you want to hold put SL at entry .
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