Silver should continue up. Up trend continuation.
Midterm forecast: 16.55 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: While the RSI support #1 at 48 is not broken, the probability of price decrease would be too low. A trough is formed in daily chart at 15.95 on 08/01/2019, so more gains to resistance(s) 17.20, 18.10 and more heights is...
Midterm forecast: 16.55 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: While the RSI support #1 at 48 is not broken, the probability of price decrease would be too low. A trough is formed in daily chart at 15.95 on 08/01/2019, so more gains to resistance(s) 17.20, 18.10 and more heights is...
Midterm forecast: 15.60 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: The RSI bounced from the support #1 at 48 and it prevented price from more losses. A trough is formed in daily chart at 14.89 on 07/05/2019, so more gains to resistance(s) 17.20, 18.10 and more heights is expected. Price is above...
Midterm forecast: 15.60 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: The RSI bounced from the support #1 at 48 and it prevented price from more losses. A trough is formed in daily chart at 14.89 on 07/05/2019, so more gains to resistance(s) 16.20, 17.20, 18.10 and more heights is expected. Price is...
forecast: While the price is above the support 14.35, beginning of uptrend is expected. We make sure when the resistance at 15.60 breaks. If the support at 14.35 is broken, the short-term forecast -beginning of uptrend- will be invalid. Trading suggestion: There is possibility of temporary retracement to suggested Zone (2.550 to 2.450). Take Profits: tp...
XAG/USD – Daily Resistance & Support: Resistance: 15.70 / 16.00 / 16.75 / 17.75 / 19.00 / 20.00 / 21.00 / 22.00 Support: 15.00 / 14.75 / 14.35 XAG/USD – Summary: Expected to commence a Bullish Corrective Structure in a three-swings sequence at or around the 15.00 Levels and possibly retest the 16.00 – 16.75 vibration zone. Bearish Impulse expected around the...
Midterm forecast: While the price is above the support 13.60, beginning of uptrend is expected. We make sure when the resistance at 15.60 breaks. If the support at 13.60 is broken, the short-term forecast -beginning of uptrend- will be invalid. Trading suggestion: There is a possibility of temporary retracement to suggested Buy Zone (14.650 to 14.400). We wait...
Midterm forecast: While the price is above the support 13.60, beginning of uptrend is expected. We make sure when the resistance at 15.60 breaks. If the support at 13.60 is broken, the short-term forecast -beginning of uptrend- will be invalid. Trading suggestion: There is a possibility of temporary retracement to suggested Buy Zone (14.650 to 14.400). We wait...
SIlver is right on the brink. It must bounce off the $16 long term trendline or the bulls look to be defeated and will have to start again. I am marginally in favor of finding support and remaining in the chanel. Beyond this $14 and $11 will be key levels, the latter of which would be roughly the inflation adjusted bottom found in 2008/9.
Entry, Stop, Targets on the Chart, This will be YUHUGEE!!!!!!!