Can $MCX:SILVERM2! Test 72000 Level before End of this Year ?

Dear Followers
I have identified a potentially lucrative opportunity in the
SILVERM2! silver market. My analysis suggests that silver prices could experience a significant downturn in the coming weeks. This could offer an excellent short selling opportunity for those looking to capitalize on potential price declines.
📊 Key Factors:
Recent Overbought Conditions: Silver has seen a notable surge in recent weeks, leading to overbought conditions. Historical patterns indicate that such spikes are often followed by corrective pullbacks.
Technical Signals: technical analysis indicates the possibility of a trend reversal Near 77900-78100 Level , with key resistance levels showing signs of holding.
Strategy:
Sell
SILVERM2! Near 78000 Level Stop Loss 79200, Target 75000, 73000, 72000
Time Frame 30-45 Days
Investment required= 48000
Maximum Loss = 6000
Profit Upto = 30000
Best Regards,
Ajay Metha
I have identified a potentially lucrative opportunity in the
📊 Key Factors:
Recent Overbought Conditions: Silver has seen a notable surge in recent weeks, leading to overbought conditions. Historical patterns indicate that such spikes are often followed by corrective pullbacks.
Technical Signals: technical analysis indicates the possibility of a trend reversal Near 77900-78100 Level , with key resistance levels showing signs of holding.
Strategy:
Sell
Time Frame 30-45 Days
Investment required= 48000
Maximum Loss = 6000
Profit Upto = 30000
Best Regards,
Ajay Metha
Trade ativo
Tested 76500Nota
76100Nota
Made Low 73850Trade fechado: objetivo atingido
Target DoneAviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.