Readers 9.9out of 10.0 based on 37045 user ratings
Showing posts with label Comex Silver. Show all posts
Showing posts with label Comex Silver. Show all posts

COMEX Silver is in a slightly downward in trend.  Last week COMEX Silver was trading in a range for the whole week. For the upcoming week 2600 and 2400 are the crucial supports and 3800 and 4100 are crucial resistance in COMEX Silver. In
MCX Silver, 62000 and 65000 will act as major resistance and 45000 and 42000 will act as major supports.

Technically COMEX Silver is consolidating on charts. For the next week traders can use buy on lower level strategy if Silver sustains above the level of 3570$ an ounce, then above 3600$ COMEX Silver can test the level of 3660/3720 an ounce. And in MCX Silver sustains above 57200 then it can test the level of 58500/59800, Trade by keeping the
proper stop losses.

 

Gold Trading Levels
For the next week traders can use sell on higher level strategy if COMEX Gold sustains below 1600 $ an ounce, then
below 1585 it can test the level of 1560/1540  an ounce. And in MCX Gold below 25400 it can test the level of
25100/24900/24600. Trade by keeping the strict stop losses.
Major support for COMEX Gold in the coming week is 1530 and 1470.
Major resistance for COMEX Gold in the coming week is 1840 and 1880
Major support in MCX Gold is 24900 and 24500
Major resistance in MCX Gold is 28300 and 28800

Silver Trading Levels 
Technically COMEX Silver is weak on charts. For the next week traders can use sell on higher level strategy if Silver
sustains below the level of 3000$ an ounce, then below 2900$ COMEX Silver can test the level of 2840/2760 an
ounce. And in MCX Silver sustains below 50000 then it can test the level of 48000/46000/44000, Trade by keeping the
proper stop losses.