last year price was mostly up but this year it is sideways above 60k and it has made lower low with lower high inside white parallel channel which also looks like flag pattern in long up trend on daily chart
price is going up because of big change in policy of two country it has breakout and now testing big yellow horizontal support you have perfect technical setup here blue parallel channel horizontal yellow support fomo buying in crowd for 160 level
rate is moving up in yellow parallel channel lower yellow line is working as perfect trend line in recent may fomc fed has said he neither see stag or flation if there are no hike in future then lower trend line must break if second wave of rate hike is coming then trend line must hold and it can go up 5%
this pair is going up inside a parallel channel trend is bullish until trend line breaks bearish if trend line breakout (breakout retest repeat)
price is testing last big resistance $30 fomo buying and sentiment have reached its limit with resistance at $30 if this level don't breakout with big support news then silver may have peak, like it bottom in auugst 2022 light years ahead of fed first rate cut buy the rumor sell the news old trend of rate cut is over get ready for new trend of fiscal policy
white line broken we have possible triangle pattern in blue lines silver made bottom ahead of gold for fed pivot you can say silver is light year head of fed decision for next fed fomc watch if breakout sustain or fakeout
whole trend started from 1620 has now reached its wxy projection inside a parallel channel with trend near its peak at current price 2260 gold is highly overbought driven by means macro factor creating fomo buying in gold if breakout from here then 2150 next meltup target while sub wave of Y don't have clear wave counting until we get trend reversal
price is back where it was after fed last dovish fomc speech it ignored latest waller hawkish comments first 12345 then abc correction - price now testing big h4 resistance zone
price is struggle to break 151 level if failed to break then this will be big reversal
we have seen nice profit taking after fomo buying in btc in Q1 if Q2 doesn't bring buyers then it may stay down 71k big resistance and it may retrace back to horizontal range below 53k
price is rising inside a parallel channel once channel breaks everything will change instantly
price found resistance on upper white trend line showing strong rejection on first attempts
price made all time high at 2222 since then it is coming down on 15min chart 5 impulsive wave are complete now price making sideway correction on Monday static support 2150 (then 2130 small one) next big support near 2088 from h4 chart
price is testing again 81 big horizontal resistance if price breaks this level then it can make inflation fight longer
price rising inside a yellow parallel channel testing upper and lower trend line
gold price are going sideway correction above 2150 support but below white trend line before big news fed fomc
after making all time price is sideways above psycho level $2150
bitcoin and gold were flying and now silver also flying price is overbought and it has made rising wedge chart patten