TVC:SILVER Expecting small correction to our identified area, and a strong bounce from our region is expected. The trend is still extremely bullish however, as we said price is making a correction once it completed and at the rejection we can enter. **If you like the idea then please like,comment and follow us** Team Setupsfx_
Double top can be an extremely bearish pattern, now we wait for the price of XAG/USD to drop below the support level (neckline) indicated on the chart in order to target the price around $28.
Hello,Traders! SILVER is going down To retest the strong Horizontal key level of 30.00$ Again and we are locally Bullish biased so we Will be expecting A bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Please, check our technical outlook for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 31.601. The above observations make me that the market will inevitably achieve 27.300 level. P.S We determine oversold/overbought condition with RSI...
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
This double top pattern has formed on the daily chart of the XAG/USD pair (Silver) following a rather long bullish trend. It can be used as a downside breakout setup. The two tops are marked with the upper yellow line; the neckline is marked with the lower yellow line. My potential entry level is at the cyan line (10% of the pattern's height below the neckline)....
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
You see we have a bullish BOS, it formed a +FVG, pulled back to the +FVG and the BOS, found support and rallied towards the highs... forming another +FVG. The expectation is for price to tag pull back into the +FVG and rally to the buy side liquidity. If price runs the BSL before pulling back into the +FVG, then the probabilities of prices going higher are...
Silver (XAGUSD) couldn't have gone better on our last signal we gave (April 17, see chart below) as it did give us the pull-back inside Resistance Zone 1 that we wanted in order to buy and immediately rallied to the top of the Channel Up to hit our 32.00 Target: Since the break-out, the metal entered a more aggressive Diverging Channel Up (blue), which after...
Preferred direction: SELL Comment: There are no changes for gold , as for metals in general. A downward movement is also expected in silver , which we wrote about earlier. At the moment, the deal is going more, of course, within the framework of scenario №2 , but we remember that this deal was considered in combination with scenarios №1 and №2 ,...
Preferred direction: BUY Comment: Last week, we considered this currency pair for sale in the more medium term. This trading idea is relevant, and at a distance of 2 weeks, one can consider this scenario short. However, in the short term, there will most likely be strengthening, which is exactly what we talked about earlier. Therefore, it makes sense to take a...
XAUUSD daily chart is now looking bearish. Price slows down with a double top and mini-break-of-structure. Gold's price is close to support at S1, if thisbreaks down, then, gold likely to go lower. N.B! - XAUUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS...
✅SILVER will soon retest a key resistance level around 32.50$ So I think that the price will make a pullback And go down to retest the demand level below at 31.60$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
No words needed for this chart! This multi-decade descension is coming to an end soon.
In Silver Future, Next Target is the Trendline Top. And Breakout will confirm the Bullish Trend.
Preferred direction: SELL Comment: Sell priority is also relevant this week for gold , at least in the first half. At the moment, one can look for good sales near current levels with a target at the level of 2300 , where, in turn, one can take a closer look at the long deal that we talked about at the end of the previous week. On the chart, one can see two...
Oil has a 20 year cycle that resets from $5 to $120 per barrel this Rock has less than 20 .. 10year of winding down and 3 years of unstoppable pump
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