Articles


  • SILVER - Weekly Report



    Silver continues to consolidate below 24.00 likely resistance level, pushing gradually higher within an ascending triangle pattern, a break above 24.00 would complete the pattern and signal a short term reversal probably towards 25.00 area. Overall, we still need a break above the resistance of the triangle at 24.00 to expect further upside this week.

    ** Short term ( Less than three months)
    ** Chart is based on GMT+2 timing

    Notes:
    *if price reaches within 20% from target before triggering entry, signal is canceled and not valid anymore.

    Based on the charts and explanations above, we prefer to be neutral


    Read full article
  • Rabindra Kayastha

    Authorized Person for MEX NEPAL
    Mob: +977 9856030634

  • Pawan Dhakal

    Biratnagar Branch Manager
    Mob: +977 9852033934

  • Our Clearing Member

    Himalayan Commodity Brokers
  • Our Banking Partners

    Laxmi Bank
  • Bank of Kathmandu
  • Nepal Investment Bank Limited
  • Century Commercial Bank Limited