Introduction - Didn't your mother ever tell you not to play with your food? Bulls with upper hand near 2400s once again trapped by hubris. Believing themselves invincible post Powell speech allowing bears to hang around with the door to 2275 still wide open. Will they regret this indecisive decision? Only time and Binary Forecasting Service's trend engine will...
Silver (XAGUSD) easily broke through the 25.000 Target we set 2 months ago (February 15, see chart below) and invalidated the Triangle pattern as it is entering into a new long-term Bull Cycle: This was achieved as it broke above the 2-year Resistance Zone 1 and the Triangle transitioned into a Channel Up. Last week it hit Resistance Zone 2 and technically we...
Hello,Friends! SILVER pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 10H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 27.403 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Please, check our technical outlook for SILVER. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 28.764. The above observations make me that the market will inevitably achieve 27.302 level. P.S Please, note that an oversold/overbought condition can...
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...
Intro - Don't have any time this morning, so to sum it dungo jinxed London sessio now we have to do 2460 the hard way. Details - Ditto. Obviously 2460 right? Is that still obvious? Will add if time.
Always good to measure against the DXY not just the USD value Not perfect of course as it is mainly the Euro and Yen but still insightful. Been watching the relationship for a while currently breaking out to the upside HVF theory means this should be a violent expansion Target 1 coming up.
My dear subscribers, This is my opinion on the SILVER next move: The instrument tests an important psychological level 28.573 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 27.228 My Stop Loss - 29.350 About Used Indicators: On...
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too. ❤️ Please, support our work with like & comment! ❤️
Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 27.94 which is a pullback support. Stop loss is at 26.70 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 29.78 which is a pullback resistance. High Risk...
Intro - This should be the next step on our way to 4800. 5500 is now unlikely considering what Friday's top means going forward. Details - Will break it down as we go. But be aware, I am not going to as helpful as I usually am.
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.
My dear subscribers, This is my opinion on the SILVER next move: The instrument tests an important psychological level 27.890 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 28.558 About Used Indicators: On the subsequent day,...
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What do you think is going to happen to gold and silver when the markets open Sunday night, through Monday?
■Outlook of XAUUSD on 3D chart. I think We are in sub-wave 1 of wave (ⅲ). Wave (ⅲ), shown by the orange line, will probably become a 3rd wave extension impulse. If the assumption of this scenario is correct, If it can break through a channel line, it will probably become strongly Bullish. ■Outlook of XAUUSD on 3D chart. Apr 13.2024 ■Outlook of Dow(DJI) on 3D...
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...
AMEX:SLV It's that time again! #silversqueeze is trending on social media. This meme resurfaces every 2-3 years CONSISTENTLY when whomever thinks the time is right to take retail traders' money. With Gold AMEX:GLD making new highs they are trying it once again. Watch my video from 2021 and do the research on Google News yourself! Wait for the price action...