Daily/4h time frames analysis on Silver. Price action analysis. Key levels & candlestick analysis. Trading recommendations. Thoughts. ❤️Please, support this video with like and comment!❤️
Hi, this is my new update for Silver. This week we got a big green weekly candle (+10%). We lost a big support level 2 weeks ago around 21.50$ and now we are above it again, I think that was beautiful bear trap. Right now we have smashed all daily and weekly moving averages and we are getting back the bullish momentum on daily chart. Another thing that is bullish...
The resistance level at 67160 is a critical level for silver's trend, as it will determine whether the current uptrend will continue or a downtrend may be expected. If the price manages to break and sustain above the resistance level, it suggests a continuation of the uptrend, with potential upside targets at 68360 , 68760 , and even as high as 69300+...
Time is fair. Whether you are lazy or hardworking, time will gradually give you the answer that belongs to you. Those who cherish time will be cherished by time! Currently, the pressure on silver is concentrated in the 21.5 area, where short selling can still be repeated. Silver has not followed the recent rise in gold prices, largely due to previous...
Head and Shoulders officially formed on Daily. The previous analysis, we were waiting for the pattern to form a Right Shoulder. Now with the price breaking below the RS, almost confirms the trade entry. 21>7 Price <200 - Bearish (Red back) RSI<30 - Bearish Target $16.30
the silver XAGUSD will have to make a correction to 21.20$ and maybe to the 21.40 area as well before the continuation of the downtrend to the 20.33 area. also, there is a great probability that the market can go down without making a correction! that's what I believe. what about you guys? what do you think? tell me your opinion. do you agree or not .?? good...
The gold-silver ratio is a key metric that traders use to assess the relative value of gold and silver. The ratio is calculated by dividing the price of gold by the price of silver and is used to determine whether one of these precious metals is under or overvalued. Effectively, the ratio tells you how many pieces of silver you could purchase for one piece of...
As a European-based investor in Silver and Gold Miners and Funds, this chart departs from the US-centric approach of USD and SP and DOW and looks at the price of Silver in Euros purchasing power of the DAX. This is my first idea so stay tuned.
Hi, this is my new update for Silver. On 9th may 2022 we broke important support level 21.60 - 22.10$ in Silver and after ranging below it for 210 days, we finally broke the resistance on December 1st. In the last couple of days we are testing it, to see if it holds as support level again or not. I expect that we are going to hold the support level, because at the...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. The last three weeks Silver perfectly tested a quite obvious previous weekly support zone, which was now turned resistance and with this weeks candle the market finally rejected the zone towards the downside. Considering the fact that we are now testing an insanely strong...
Sold some of my silver today, and buying back in next year. Hope this helps. We have a bottom around 15.5 next year Cinco De Mayo Good Luck.
You have one of these three mindsets when confronting your truth about silver. Which one you are you? OR you are hoping for luck. and the last is, i dont have a clue. :) Good luck out there. Maybe mining or panning for silver is a better option for you.
Just 2 days , i expect silver to start milting , its now in fist target . I think new low is possible . Good Luck
Hello Traders, welcome to this free and educational technical analysis . Silver is currently testing a very strong weekly support/resistance area amd after this massive runup there is the possibility that we will see a short term correction away from the zone. On the daily timeframe you can see a beautiful distribution phase, where the market is starting to...
The silver market began the initial subwave of a new, major impulsive wave, marked as the third in a sequence. This cyclical pattern can be traced back to the year 1932, with the completion of wave one in 1968, the corrective wave two in 1971, the impulsive wave three in January 1980, the corrective wave four in 1991, and ultimately, a truncated fifth wave that...
Here is my latest structure analysis for Silver. Resistance 1: 24.27 - 24.55 area Resistance 2: 25.86 - 26.2 area Support 1: 23.1 - 23.23 area Support 2: 22.55 -22.6 area Support 3: 22.00 - 22.20 area Consider these structures for pullback/breakout trading. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with...
In the silver chart on the daily timeframe, our trend following level is $23.50, but we can expect a drop to $22.10 at the daily close below this level. As long as it stays on the trend, the $25.50 target will hold.
It's important to stay informed about the market and various data reports that can affect silver prices. Here are some key data reports that traders should watch when trading silver: 1-Gold-silver ratio: The gold-silver ratio is the number of ounces of silver that are needed to purchase one ounce of gold. A high ratio indicates that silver is relatively cheaper...