Silver signals
A good day for our Comex Silver Signals & Mcx tips subscribers. I asked them to buy this precious metals to our subscribers. Silver fired and my signals subscribers exited with profits. Lets see what I wrote to my subscribers.
Buy Xagusd at 14.76$ with stop loss at 14.57$ for target of 14.99$. We exited this trade at 14.94. We booked nearly 90 pips trade profit in this trade. We made around $900 profit per lot in this trade.
Buy Mcx silver future at 36910 with stop loss of 36700 for target of 37150. We exited at 37140 and fetched nearly 6900 rupees profit in this lot.
We booked profit in mcx copper, gold & crude oil too.
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Currently Xagusd trading at 14.92$. Good resistance in this precious metal stands at 15.12$. If market break and sustain above 15.12$. Then expect more firepower in this major commodity till 15.35$- 15.55$.
Support in xagusd chart stands at 14.75$. If traders break and sustain below 14.75$. Then expect some pressure in intraday session till 14.51$- 14.30$.
Currently precious metals intraday trend is positive. Avoid major selling and look to buy in dips. Major strength in precious metals are due to weaker dollar index and bad manufacturing data. Despite good jobs data precious metals showing major strength and testing new highs. Look to buy in dips and avoid selling.
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