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
Dagangan aktif
Tested 76500Nota
76100Nota
Made Low 73850Dagangan ditutup: sasaran tercapai
Target DonePenafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.