Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 23.743 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci retracement level Stop Loss: 23.234 Why we like it: There is a pullback support that sits under the 61.8% Fibonacci retracement...
My dear followers, This is my opinion on the SILVER next move: The asset is approaching an important pivot point 23.362 Bias - Bullish Safe Stop Loss - 23.019 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 24.064 About Used Indicators: For more...
Following my recent sell analysis on Gold. Silver is also a short from here. Silver 6 weekly chart: Shows resistance and the bearish trend is strong. Target 1: $22 Target 2: $18 The bear trend is the same with gold. The current trend is pointing downwards. You need to devise a plan to execute your trade accordingly.
On December 22nd, there was a change in the Zodiac sign which revealed the manipulative tactics of the market makers. They artificially inflated the market by luring unsuspecting investors into thinking the market was bullish, thereby creating liquidity. However, by the end of the day, their true intentions were exposed as the price of gold sharply dropped,...
✅SILVER broke out of the Rising wedge so we are Locally bearish biased and I think that we will see A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Silver tested 61% of the Fibonacci last week and fell to 50%. I expect the price to cross 61% and reach $25,187-$25.5. However, there is a possibility that it may break 25.7. If 25.7 is broken, the target will be 44 in long term.
I expect a calm and stable week for gold. My weekly closing forecast is $2080-$2100. While weekly momentum indicator is falling, price is rising. This indicates that gold prices will rise steadily. Note : Due to the American debt crisis; individual investors, companies and central banks continue to buy gold. Gold is expected to reach $3000 in long term.
Take a look at our analysis for SILVER. Time Frame: 10h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 24.471. Taking into consideration the structure & trend analysis, I believe that the market will reach 23.550 level soon. P.S We determine oversold/overbought...
The recent price action on the SILVER pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
Tomorrow (22nd of December 2023) marks a significant event as we shift to a new Zodiac Calendar. Sagittarius -Ending on Dec 21 Capricorn - Starting on Dec 22 The market makers, who are known for their influence on the stock market, have a notorious reputation for using Zodiac calendar shifts to manipulate prices. This strategy often leads to a sense of fear...
Buy silver on dips today Baiyin daily line received Dayang line yesterday! And after all, the bulls have strongly broken through the previous high pressure So silver's trading signal today! 24.3 Buy!
Silver set a new higher high higher close, violating a key horizontal resistance on a daily. It is an important sign of strength of the buyers. The market will most likely keep growing. Next goal - 25.0 ❤️Please, support my work with like, thank you!❤️
✅SILVER is going up now And the price broke the Key horizontal level of 24$ And I think that we will See a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
It's a triangle that's been going on for 650 days. I expect silver to hit $25.5 in one week. However, there is a possibility that it may break $25.7 Triangle line. If $25.7 is broken, price will be exceed to $28. Gold is expected to reach $3000 and silver to $45 in long term.
Silver seems to be setting up for a beating. Its forming a rising wedge, whos top aligns with a strong resistance. The rsi and macd are forming obvious bearish divergences. I believe that the light holiday liquidity, alongside the bearish setup, is a recipe for a beautiful buying opportunity
Bullish Pennant Pattern is formed on Gold Chart. Gold will soon exceed $2140 and silver $25.5. However, Silver is likely to break the 1-year Triangle Pattern. If 25.7 is broken, I expect that the price will reach 28 in short term. Gold is expected to reach $3000 and silver to $45 in long term.
Hello,Friends! SILVER pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 23.419 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Silver dont momentum to breake tight channel and has chance to touch lower band of his channel. Trade safe. Good luck.