Purple Box: Bearish (21.6 - 22.1p/o) Blue Box: Bullish 1.(25 - 25.6) 2.(28 - 28.7p/o) Bullish Scenario Silver's a very under priced metal, I'm thinking because countries are stock piling more gold they should also be doing the same with silver... Prise is finding or has found support above 22p/o and so a push upwards towards 25 is highly probable... ...
Considering to the technical analysis silver is looking good for a good up move . A deep consolidation on the higher time frame and on the higher levels . We can go long for longer time frame with given SL and Targets on the charts .
If the candle (1 day) closes below the last one, I believe it will go down. Hit me up if you agree with me
Described everything in the idea about gold and snp500, check it out
We had a nice week for gold and silver. Both rallied higher as DXY fell and reached below 103. The level that we have been waiting for in the past weeks. Now that DXY had a nice weakly bearish candle closing below 103, what should we expect for gold and silver? Would this rally continue this week as well? I don't know. I'm just enjoying the ride. However, there...
HELLO TRADERS As we can see silver hit out TP-2 on buying idea which we had updated in our channel this level we expected a retrace till 23$ and then up to the buying levels as we had perdition in our buying idea Friends its just a trade idea share Ur thoughts with us Stay Tuned for more updates
HELLO TRADERS As I can see Silver is testing now a strong support level which is a great entry zone for buying here. Silver is still not moved as like gold and other commodities has done, we expected this pair will move till design levels and this is a best zone with a very low risk and higher rewards let's see what markets bring to us. Charts always...
Silver Future Weekly chart forming Ascending Triangle Pattern waiting for breakout.. it will make new high so buy silverbees to invest buy every dip..
On Monday, silver experienced a sharp downturn, revisiting the $22.00 mark, reflecting a more than 2.5% decrease from its previous close. Market participants swiftly adjusted their expectations of early rate cuts by the Federal Reserve (Fed), leading to a substantial sell-off in the white metal. Technical Analysis: From a technical standpoint, the current...
In a flurry of market activity, silver ( TVC:SILVER ) has emerged as a frontrunner alongside gold, propelled by expectations of impending rate cuts and a shifting investment landscape. With both precious metals experiencing a surge in demand, investors are flocking to commodities like XAU and NASDAQ:XAG , diverting cash from bonds in favor of tangible...
Similar to Gold, Silver also began the year poorly. After finding support just under $22, it started trading in a range. A few hours ago, the price managed to break above the range's resistance, indicating a bullish outlook. However, unlike gold, silver has lagged behind in its performance since the start of the year. In my opinion, this gap will be filled, and...
TVC:SILVER TVC:SILVER is primed to POP and eyeing next levels. As Always, NFA & DYOR.
SHORTS $23.9 - $24.1 Confluences: 50 Fib, Key Level, $24 Round Number $24.4 - $24.5 Confluences: 61.8 Fib, KL, Added Confluence if 50 Fib fails/small reaction (under $0.50) LONGS $21.45 - $21.3 Confluences: 88 Fib + KL $20.8 *ONLY IF $21.45-$21.30 FAIL* Confluences: Recent Lows Most of the time I will use these Zones for added confluence on...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed Impulsive Waves and " AB " Corrective Waves Break of Structure and Completed the Retracement Symmetrical Triangle as an Corrective Pattern in Short Time Frame RSI - Divergence Rejecting from Strong Resistance Level
D1 - Price respected a strong support zone and is bouncing higher. Bullish divergence. Expecting short term bullish moves to happen here. H4 - Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
Silver pulled back to the resistance level following the double bottom. If the market fails to break through the resistance and fibo inversion levels, we can sell from the kill zone. We anticipate a short-term pullback since the market overall is in the consolidation zone. ------------------- Share your opinion in the comments and support the idea with like....
#SILVER... very smooth ride below your area as we discussed in our last couple of ideas regarding silver. congratulations to all followers, now its time to wakeup guys because now we have 2nd area of the month and week actually, that is 21.87 around, keep close that support zone and keep in mind that next selling ride will start below that area otherwise not at...
SILVER New forecast The price of silver ended last Friday's trading with strong negativity, settling below the 23.00 level and confirming the shift to decline, on its way to testing the 22.21 level initially, and we are likely to break this level to achieve additional negative targets up to 22.00 level and then will rise up again . Therefore, a bearish bias...