Comex Silver Report : 20th March 2019

Insignia Consultants

New Delhi

Wednesday, March 20, 2019

TIME 7:34 AM IST                       

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COMEX SILVER REPORT

Wish everyone a very colorful holi

OUR OFFICE WILL BE CLOSED TOMORROW

FOMC meet will be the key. Direction of gold and silver on Thursday and Friday will be the key. Remain on the sidelines. Anything can happen. Boom or bust time for crude oil till Monday. Fundamental will prevent industrial metals from zooming.

COMEX SILVER MAY 2019 – current price $1533.20

Bullish over $1519.50 with $1556.50 and $1577.00 as price target

Bearish below $1498.50 with $1485.00 and $1470.00 as price target

·       $1490-$1556 is the wider trading range till tomorrow.

HAPPY PROFITABLE TRADING

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading. Website www.insigniaconsultants.in. Prepared by Chintan Karnani

Disclosure: Insignia consultants or it employees do not have any trading positions on the trading strategies mentioned above. Our clients do have positions on the trading strategies mentioned in the above report.

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NOTES TO THE ABOVE REPORT

ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED

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The analyses are based on closing price of previous day. Maintaining proper stop loss is always recommended.

PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS

PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

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