Silver has given a strong impulsive break out from the long term trendline resistance after long accumulation phase. Big volume candles since July 2023 confirm healthy accumulation by strong hands. Currently price is in Primary Wave 3 which can end somewhere near 66 level. A potential gain of 135% by end of this year. Wave 5 target is around 87-88 levels which...
Dear Robbers, This is our Scalping plan to Heist Bearish side of SILVER. Be safe and Be rich. Loot and escape near the target 🎯 Note: You should compare your own analysis once and then take a trade.
Hello everyone, I hope you are all doing well. Previously, I had shared my analysis on the price rise of gold. In case you missed it, I would like to share some new opportunities with you. The chart indicates a very bullish trend with 1 leg, 2 legs, and a positive RSI and MACD in monthly and yearly time frames. Silver is about to explode in price, with the first...
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...
As you can see, this train is about to leave. There's still time to get on board. Probably the easiest trade you'll ever make.
The potential for a significant TVC:SILVER surge in the coming years is truly mind-boggling. Observing a massive accumulation pattern. Thoughts?
see the chart for silver green and yellow line not so strong resistance. Red line are major areas
Spot silver XAGUSD1! rose 0.7% to $25.15 per ounce, platinum PL1! was up 0.2% at $909.76 and palladium XPDUSD1! climbed 0.9% to $1,023.95. Gold prices rose to a record high on Monday, as a softer U.S. inflation reading cemented bets that the Federal Reserve would deliver its first interest rate cut of the year in June. Spot gold GOLDwas up 1.2% at $2,258.53...
i am bullish on XAGUSD it will move up like XAUUSD chart. lets make money. good luck.
From my analysis(excluding fundamentals, as they can change over time) I have found quite a good place to enter long positions if Silver has a pullback. We may expect a pullback because Silver is at a price which had a history of being rejected. So maybe this will be a great trading opportunity, I have mapped out a possible entry with an RR of 4. But remember that...
Reason: Market structure is bullish break of structure fair value gap
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement Break of Structure RSI - Divergence Completed " 123 " Impulsive Waves
XAGUSD appears to be exhibiting a bullish trend on the daily timeframe, supported by an ascending channel and ABC pattern. The recent falling wedge breakout followed by a successful retest suggests further upside potential. It's prudent to await confirmation through bullish price action before considering entry into the market.
Today's focus: Silver Pattern – Breakout test. Support – 21.90, 22.84 Resistance – 23,45 23.19 Hi, traders; thanks for tuning in for today's update. Today, we are looking at Silver on the daily chart. Looking at Silver, we see that price continues to pull back after breaking out of a triangle-based squeeze pattern. This is fine after a breakout but we want to...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Strong Divergence in RSI Break of Structure and Completed the Retracement Completed " 123 " Impulsive Waves
Silver forming flag pattern need breakout above 23.300 so it can shoot upto 24 dollar mark
Fundamentals backing this trade idea: - Silver as a seasonsal tendency to rise in the month of February - Looking at the Commitment Of Traders Reports, large commercial hedgers are decreasing their overall net short positions Thought process: Smart Money Concepts begin with adopting the 'Market Efficiency Paradigm' which is the idea that the market is either...
Silver is on support. Long silver for mid line target. Trade safe. Good luck.