Articles


  • SILVER - Weekly Report



    By icn.com

    Short Term trend: Bearish
    Weekly Bias: Neutral

    Silver is under pressure, pushing lower again and attempting to break below the ascending support for the bullish correction wave, meanwhile settled below 20.00-support level again. Accordingly, we turn neutral on silver awaiting a clear break below the ascending support to confirm further downside.

    ** 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.
    Support 19.70 19.50 18.25 18.00 17.70
    Resistance 20.00 20.20 20.60 21.00 21.35
    Recommendation 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