Preferred direction: SELL Comment: Further declines are also expected for silver. Previously, we indicated two options for a sell transaction on this instrument. And about the script now in work. The trade has already been moved to breakeven and even part of the profit has been fixed. At the moment, one can consider short-term trades also in the direction of...
✅SILVER is trading along The massive long-term Rising support line And the price will soon Retest it so I think That we will see a Local bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Here is our detailed technical review for SILVER. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 22.906. Taking into consideration the structure & trend analysis, I believe that the market will reach 23.317 level soon. P.S Overbought describes a period of...
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SILVER - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long SILVER Entry - 22.619 Sl - 22.308 Tp - 23.336 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Momentum at low levels and positive but weakened a bit in the last day. So there may be a few days of consolidation. Price in Descending Channel and it will be breakout if price reach to 2050 with volume. I don't expect a 70% retest of the 2005 level. Then gold will go towards the short-term target of 2130. Formed Patterns : Descending Channel Price Target...
I know it's very annoying to trade with silver in these days, but price is at the bottom right now. Silver is oversold and undervalued. Price in Falling Wedge Pattern and if the price exceeds 23.20 with volume, there will be a breakout. There is a Double Bottom Pattern on Chart which means bulls are powerful in 22.5 area. So there is only one way from here. I...
Take a look at our analysis for SILVER. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 24.591. Considering the today's price action, probabilities will be high to see a movement to 23.621. P.S The term oversold refers to a condition where an asset has...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Bearish Channel with the Breakout of the Upper Trend Line and Retracement. Completed " 1234 " Impulsive Waves at Fibonacci Level - 61.80%. We have Break of Structure and Retracement. It will Reject from Upper Trend Line or Demand Zone
We see a perfect example of a bear trap on Silver on a 4H time frame. The market violated and closed below a key support. Then, it suddenly bounced and broke a resistance line of a falling channel. We can anticipate a further growth now. Goals: 23.05 / 23.30 ❤️Please, support my work with like, thank you!❤️
INTRODUCTION - This is the 01/16/24 (daily) binary, 15-min bar, ten-day ultra detailed, CONTINUOUS & EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. I have talked twenty months, blah blah and blah, but all hat and no cattle. We are running out of time AND routes to complete this setup by 01/25 deadline. DETAILS -...
Hello,Traders! SILVER is already making A bullish rebound from The horizontal support Of 22.5$ so I am locally Bullish biased and I think That we will see a local Move upwards Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
A huge decision is approaching for silver. My gut is leaning towards a flush down by the banks to really send some negative shockwaves into the PM market. Nothing to do here until we see either a bounce off the arc (or diagonal trend line) or a flush below. Stay Tuned!
SILVER New forecast The price of silver continued to decline, breaking the 23.00 level and closing the daily candle below it, confirming the resumption of the downward path in the immediate term, opening the way to head towards 22.60 and 22.23 as the next main target. Therefore the downward scenario will be remain valid and effective during coming period ,The...
Balance of buyers and sellers on the SILVER pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️
More often than not, OANDA:XAGUSD provides clearer signals than OANDA:XAUUSD when it comes to technical analysis. In contrast to its bigger brother, Silver exhibited distinct signs of weakness right from the beginning of the year. This was evident as the price broke below the ascending trend line that had originated in October (In the case of Gold, the price...
INTRODUCTION - This is the 01/14/24 binary, 15-min bar, ten-day ultra detailed, CONTINUOUS & EVOLVING FORECAST CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. I have talked about this explicit time frame for twenty months. Trend maps called the low in aftermarket of Thursday 01/11 and is currently allowing nine...
Look how nicely Silver respected a solid horizontal supply area on a 4H. We see a strong rejection and a formation of a cup & handle pattern. Odds are high that sellers will push the prices lower now. Goals: 22.75 / 22.55 ❤️Please, support my work with like, thank you!❤️