The area between 22.20$ - 23.30$ is a great area for mid term buyers. Silver now is half price of its high peak (48$), so I will personally invest on it for long term. I recommend buy silver in these prices step by step and hold it for at least 3 mounths.
Hello,Traders! SILVER went down sharply And it is now locally oversold So after it retests the rising Support below I think that We will see a local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Take a look at our analysis for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 23.804. Taking into consideration the structure & trend analysis, I believe that the market will reach 21.956 level soon. P.S Please, note that an oversold/overbought...
Silver looks like its trying to complete a correction before a new uptrend is formed. Its also grinding on the top of a falling wedge.
#SILVER.. market didnot hold his first supporting zone that is mentioned on chart and now at 2nd area that is mentioned as well, So guys it should hold his this supporting area for any kind of buying scnetios or any kind of pressure for either side will create at this zone, Dont be lazy here because thos is ko he area that can change the overall scnetios of...
GOOD MORNING #GOLD is currently holding better than #Silver. Has the US #Dollar run stopped or will it find support soon? Out of all of these CRYPTOCAP:BTC has been the best recent performer, by a good amount. Keep an eye on strength (RSI), it's still weakening as it goes higher. However, $ flow has been increasing.
We have a possible Falling Wedge pattern with a target at 25.300, as long as the price does not break the 23.800 zone.
Here's a long-term perspective I have not seen and will be interested to follow. I think bias needs to be removed. The bulls will see a potential shot to the MOON. The bears will see a likely hard spill. NEWS FLASH: This is a new and crazy world! EVERYTHING IS IN PLAY! If this gets above $2200 in 2024, it could be the start of something epic. If we see the...
Silver dropped to a key daily horizontal demand zone. After a test of structure, the price formed a tiny cup & handle formation on an hourly time frame. Its neckline breakout is an important sign of strength of the buyers. We may anticipate growth now to 24.54 ❤️Please, support my work with like, thank you!❤️
H4 - Bearish divergence. Most recent uptrend line breakout. No opposite signs. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds my short term view remains bearish here.
Silver - down and then up? As you can see, the price is in a correction mode now, but we are in an up-trend, and not just this, but also in ascending triangle + possible W reversal in up..so the support zone is a good area for long.
Silver broke a massive trend line on the daily today. If we have the daily closing candle close below approx $24.35 today, which is in 5 hrs, I believe we will see more downward trend.
This week's spike on gold to ATH reminds me of silver back in 2021, when "over-crowded" bullish trade caused the opposite reaction. So on gold, can be very similar situation now, especially as a drop from ATH looks like an intraday impulse back to an important 2k area. Grega
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the SILVER pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️
Silver is near value area for Long positions. Between green areas ( 23.100$ - 22.400$ ) you can set your buy limit positions. Manage your RISK!!! Do not enter any positions by your whole margin
Hello,Friends! Bullish trend on SILVER, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 24.966. ✅LIKE AND COMMENT MY IDEAS✅
Gold made a brief New All time high before getting smashed down. This is the largest Daily Bearish engulfing candle gold has ever had.
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! ❤️