SUMMARY - I have said since May of 2022 that January 10th to March 8th of 2024 would be the last window for a gold bull market breakout. It's 12:05 AM 01/04/24, counting the weekend, we are less than 6 days from 01/10 entry date. This is what regression mapping says now. DETAILS - I've already completed my entry earlier today around 2034. I did so because...
SILVER - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long SILVER Entry Point - 22.95 Stop Loss - 22.59 Take Profit - 23.79 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Silver is on support. Long silver for mid line target. Trade safe. Good luck.
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Breakout and Retracement for the Daily Descending Trend Line and Break of Structure. Completed Impulse and Correction and Rejection from Fibonacci Level - 61.80%. Completed " 1234 " Impulsive Waves , Will make its 5th Wave at Daily Demand Zone
SUMMARY - I've talked for 20 months about 01/10/24 to 03/08/24 as being the last argument for gold bull market. We are 7 trading days from 01/10 entry. This is what my execution plan looks like now. DETAILS - So the range of extrapolations all fit inside the blue trapezoid. I have so many zig-zag routes that if I put them all up, they would fill out the rest...
SUMMARY - I've talked for 20 months about 01/10/24 to 03/08/24 as being the last argument for gold bull market. That is to say - if it's going to do - this is the last window to to make it a reality. This window now features four rallies of which this is the first one from 01/10 to 01/15, with a top around 2190 give or take. NOT LINEAR REGRESSION FORECASTING -...
Hammer pattern has formed in candlestick. Gold/Silver ratio is on top. Silver will most likely break its 665-days Triangle pattern. Now it is time to invest in Silver! Scenario : Silver will suddenly rise to 27-27.5 levels and begins consolidation at 25.7 levels. Price Target in Long Term : 44 Support Level : 23.56-23.77 Trend Power : Extremely Bullish ...
Hello,Friends! SILVER pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 3H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 24.052 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely....
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Silver has formed the Right Shoulder of a Head and Shoulders pattern. A Right Shoulder targeted on August 30th target the previous Low/ Support. Trading Plan: 1. Sell on the current market price. Targets: 1. 22.520 (Support 1). Tips: 1. The RSI (1d) is about to cross under the MA trend line. This will be the sell signal's confirmation. Please like, follow and...
Let's keep looking at the US #Dollar again. Weekly, the RSI is still forming a Positive Divergence. Daily, TVC:DXY is also forming a Positive Divergence. It's also oversold. These are the 1st signs of a POSSIBLE turnaround for the currency. It's still early but those that are open to risk COULD initiate an opening position that could turn out interesting....
Hello,Friends! SILVER pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 24.389 area....
Silver has gathered enough strength at low prices for 2 weeks. According to the Gold/Silver ratio, silver may lag behind gold maximum by 2.20%. Silver is likely to break its 665-days Triangle in January or perhaps in two days! Now it is time to invest in Silver! Scenario 1 : Silver will suddenly rise to 27 levels and enter a long consolidation at 25.7...
TVC:DXY Completely Destroyed the Major Support Level. Not sure it will be so easy to recuperate like last time. This feels and looks different. Now, unless they are forced to raise rates again, time will tell. The US #Dollar will likely break the 100 level & test 99. Positive RSI Divergence is on the rocks and that is the only decent looking thing in this...
SUMMARY - This is the 12/22/23, 15-min bar, 12-trading day, semi-detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from #15!, I discussed switching into intermediate trading mode where our focus is amassing entries for first top around January 24, 2024 (2280-2400, looking like 2310 right...
Potential Narratives: 1. The Fed truly pauses and starts to ease, creating easier money conditions, money printing 2. Election year may be bullish for assets, metals have lagged 3. De-dollarizing theme globally is favorable for metals 4. More global conflicts potentially could cause more US debt, which favors metals 5. Weakness in the economy can cause metals to...
Take a look at our analysis for SILVER. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 24.362. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 23.681 level. P.S The term...
After a bullish spike, I look for the formation of a channel to gauge the market's next move. It's a strategy that often reveals whether the initial surge is sustainable or just a temporary blip. In this chart, we see Gold forming an ascending channel post-spike, suggesting the uptrend may continue.