Silver Started its Super Wave at 22.090 as is marked with vertical Pink line and now retraced back to 22.608 Level. A green Triangle is formed and the Hypotenuses on the right side creating resistance. Buy, only when price comes out of this triangle.
Last Friday, in the hourly chart, it touched 100, 50, 20 & 8 SMA. Wait for the price to cross 200 SMA. In terms of INR 70225 is the crucial level. Major support at 68644
The Author uses GANN, Fibonacci and Wave Analysis along with his own unique indicator which makes analysis very easy for Investment, Swing Trades and intraday as well.
For execution: please use William % R, SMAs or EMAS
Disclaimer: Author is not a registered Analyst with any of the National/International Regulatory Authority. This content has been created solely for educational purpose. Please consult your Financial Advisor before making any decision. Author is not responsible for any of your profits or losses.+
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