MCX:SILVERM1!   Silver Mini Futures
Om Namah Shivay

Silver analysis is different when compared to Gold. Gold <> Silver. But the last impulse is same for Gold and Silver.

Silver Impulse indicates that it has already reached a level from where it has been retraced back to 61%. The Leg 4 looks reached. And the next Leg will be in the making if the structure is respected.

Possible that silver will target the Leg 3 Top first before deciding downmove or correction.

The finidings are similar to Gold. We expect possible upside movement now. To see exact movement, we need to count the lower degree/ time frame.

There are no recommendations in this analysis. This is just an analysis to find the structre of Silver.

Om Namah Shivay
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.