hi, trader what do you think about Silver
Silver now is ready to new higher high
silver is break down 2 time 24.374 and pullback to 25.000
Now market pullback to 24.700. or 24.500
then market jump to 25.800. and 26.000
Silver had been on a downtrend for two weeks before hitting its pivot low on 5/18/23 and
reversing. The Hull suite indicator has changed from red to green while the zero lag MACD
indicator bounced on the zero line and is now uptrending. Importantly, on the way down
price dropped quickly through a low volume area of the volume profile marked out on the
the...
This is an opportunity for professionals.
According to my analysis, the trend is still bearish.
FOMC is an important news that has a big impact on the price of symbols.
In my opinion, this time will cause more icons to fall.
Follow me, like, comment, and any questions.
Caution today has important news so observe the money management .
after breakout 4 hr support price retesting trendline before fall down.. please check my previous silver trade idea
in daily price is trending in channel and trying to breakout daily... im looking for any bounce back at this 2 level support
Hello friends as i can see silver has successfully retest the last broker support which become now resistance and fail to break
we are selling on dips silver with a low risk and looking for a higher rewards Friends Push likes and comments we appreciate ur love
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As i can see silver had break the triangle and now it retrace to support zone
i am buying this pair from support zone with a small risk and looking for huge rewards
silver is highly recommend a good equity to trade so small account hold stay away from this trade
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Despite some recent, expected volatility, SLV is holding a bullish trend on the weekly. It needs to finish above $24.90 to continue this trend.
Also bullish, it held and bounced well off it's support. See my other charts to see important support levels.
Weekly trading Range....
Last Close : 17.750
Bounce back zone : 17.404 and 17.267
Expected trading range : 17.997 to 17.404
Breakout above : 18.0460 bulls in control
Bullish view negates below 17.000
Price is near a descending trendline and may come retest it and bounce from there. Look for sell after bearish candle confirmation in the orange zone.
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Price seemed as if it was forming a triple correction a couple of sessions ago. This however failed following the impulse to $17.59. A corrective structure will confirm further upside into the bluebox.
Silver was definitely undervalued due to strong demand, supply deficits and the gold-silver ratio.
In this chart, the blue moving line is the price of gold. We could obviously find that the gold-silver ratio has reached the highest level.
So for long term view, buying silver is a really good choice.
However, shall we buy the silver now or later? Here are couple...
GBPJPY, Commercials and large speculators closing their positions in gbp both long and short, mean commercials and large speculators profit taking from both sides. long% decreased 2% while short% increased 2%. in jpy commercials and larges speculators doing same behaviour like gbp i.e profit taking. suspect one more spike upside to catch stop losses of weak holders.
