#SILVER.. market exact moved as per our video analysis. And now just near to his today supporting area, that is 27.45 around, Keep close it guys because if ma key hold it in that case you can see again bounce from here otherwise not at all. Stay sharp here because it's our cutt n reverse area on confirmation . Good luck Trade wisely
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00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 05:33 AMEX:UNG Stock Forecast 07:00 USO Oil Stock Forecast 09:30 DXY US dollar Stock Forecast 10:42 Gold XAUUSD Stock Forecast 13:29 Silver XAGUSD Natural Gas Price Forecast | DXY Oil, Silver, Gold
This a long term strategy for the next couple of years. Silver is consolidating within this triangle since August 2020. Buying SLV ETF is like having silver bricks stored in a safe place. See it that way. You just don't sell silver, you accumulate it at every pull back. I may take less than a couple of years though bc the break out could be violent. I'm showing a...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Symmetrical Triangle as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Fibonacci Level - 61.80% Impulse Correction
Preferred direction: BUY Comment: Previous trade ideas for silver , where we considered selling, have been cancelled. Today, another strengthening of metals is expected. The buyers' target will, of course, be the local maximum at level 30 . It is best to set the target slightly below this level. As you can see in the chart, we have formed a clear...
price is testing last big resistance $30 fomo buying and sentiment have reached its limit with resistance at $30 if this level don't breakout with big support news then silver may have peak, like it bottom in auugst 2022 light years ahead of fed first rate cut buy the rumor sell the news old trend of rate cut is over get ready for new trend of fiscal policy
Silver (XAG/USD) is trading close to 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 29.17 which is a pullback resistance. High Risk...
Natural Gas Price Forecast | Oil, US Dollar, Silver, Gold Analysis
Introduction - London, of all places, vigorously defended 2373 and destroyed scheming bears' setup for 2285 this morning. Is this a sign that miracles do happen? No, it simply means 2444 is next. This also means a slow side-ways-to-up to 25xx in mid-May before MAJOR CORRECTION ahead of 6/12 FOMC. As always, we trade one day at a time and will cross that bridge...
SCENARIO 1: EVERYTHING hinges on the carry trade. If USDJPY goes down, so will yields - making inflation higher and commodities will boom. Of course this is a mistake and Japan (and the whole world) will feel the effects off inflation here since TVC:DXY will plummet also to 97. Then when everyone blows up in the summer sparking a u-turn and the FED realizes...
Gold (June) / Silver (May) Gold, yesterday’s close: Settled at 2388.4, down 19.4 Silver, yesterday’s close: Settled at 28.40, down 0.024 Gold has traded fairly constructive on the week given Friday’s sharp reversal but the overhead supply resulting from this reversal is apparent at major three-star resistance at 2404.3-2408.5 and 2412.9-2414.8. A close...
The recent economic landscape has painted a fascinating picture for precious metals. Gold has emerged as a champion for investors in economies with developing currencies, like the Turkish Lira (TRY), Indian Rupee (INR), and Chinese Yuan (CNY). Conversely, silver seems to be finding favor as a store of value in more established economies with mature currencies,...
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...