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Thread: SILVER Analysis forecast

  1. #136
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    Silver price keeps its stability above 15.20 level to bounce higher in attempt to resume the bullish trend, where the price gets positive signal from stochastic, which supports the chances for heading towards 15.70 as a next main station, waiting for surpassing this barrier to open the way towards visiting 16.35 level on the near term basis.

    Therefore, the positive scenario will remain valid and active for today conditioned by holding above 15.20.

    Expected trading range for today is between 14.80 support and 15.70 resistance.

    Expected trend for today: Bullish

  2. #137
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    Silver price shows bullish bias now hinting new attempts to breach the bullish channel’s resistance that appears on chart, as the price gets a positive motive through stochastic that offers positive signals now.

    Therefore, we will keep our bullish expectations for the upcoming sessions supported by the EMA50, reminding you with our next main target at 18.03.

    Expected trading range for today is between 16.70 support and 17.70 resistance.

    Expected trend for today: Bullish

  3. #138
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    Silver price continues to fluctuate near the main waited target at 18.03, while the EMA50 continue to provide positive support for the price, while stochastic begin to overlap positively on the four hours time frame.

    Therefore, these factors encourage us to keep preferring the bullish trend in the upcoming period conditioned by holding above 17.08 level, reminding you that our next main target located at 18.60.

    Expected trading range for today is between 17.45 support and 18.20 resistance.

    Expected trend for today: Bullish

  4. #139
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    This thread is open now...
    ...........................................................................
    ...........................................................................
    ...........................................................................

  5. #140
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    It may attempt a test higher to 17.488079 - 17.537437 after which weakness may set it to a drift down to below 17.371277 limit.

  6. #141
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    Elliott Wave
    common flat correction up
    It is a triangle configuration. Market should break either side. Acceleration should occur above 17.882090 or under 17.454994 limits.

  7. #142
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    Silver price settles above 18.30 level, and the price shows tight range trading since morning, therefore, there is no change on the overall bullish trend scenario that depends on the stability above 18.30 – 18.10 levels, supported by the EMA50 that keeps carrying the price from below, waiting for heading towards our next main target that located at 19.38.

    Expected trading range for today is between 18.10 support and 18.80 resistance.

    Expected trend for today: Bullish

  8. #143
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    This thread is open now..

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