Silver Seems Ready To Bounce Amid Extended Tension
Satendra Singh | Sep 23, 2017 03:38AM ET
Silver futures price seems ready to bounce from “Decisive Trading Zone” to “Upper Consolidation Zone” during the Week of September 24th, 2017 amid growing geopolitical concern with North Korean leader Kim Jong Un vowed to make a "mentally deranged" Trump pay dearly for an earlier threat to “totally destroy” North Korea if threatened.
On analysis of the movement of Silver futures price on September 23rd, 2017 in the same chart pattern, which I noted in my last analysis, I conclude that the Silver futures price seems ready to move upward during the forthcoming week. I present an expected propositional trading zone in the same chart pattern in different time zones. Opening on the first trading session of the Week will confirm the final directional move of the Silver futures price.
Have A Nice Trading Time. Good Luck!
Disclosure: This content is for information and educational purposes only and should not be considered investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital you are prepared to lose.
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.