Hello friends as i can see Silver is reached @ our 2nd Tp which was given in previous analysis last Friday it was closed above a strong support zone and holding this level as we can see Stimulus 1.9 Trillion $ also approved and it can effect $ and make more weakness in $ DXY in future also technically 2 major confirmations a strong support and a kiss to Trend...
XAUUSD Short forecast!! This pair still has great potential to the downside. Long term this will hit the 20.00 at least. I will be looking for my key areas to get hit and then executing my trades on the lower time frames. If a short term potential long becomes available and it fits all my rules, I will take a trade short term to hit my key POI area. I missed 2...
XAUUSD Short forecast!! This pair still has great potential to the downside. Long term this will hit the 20.00 at least. I will be looking for my key areas to get hit and then executing my trades on the lower time frames. If a short term potential long becomes available and it fits all my rules, I will take a trade short term to hit my key POI area. I missed 2...
Turnaround dates (highs and lows) can be calculated in advance using our proprietary models. The turning dates have an average tolerance of about three trading days. In 80% of the cases it is even only two trading days. This gives us a very good directional filter in advance within our analysis methods, with which we have been working successfully for many...
A revision to V3, that sees this current 1-5 wave and subsequent ABC shortened by a fib ratio. Also, have added a fib channel to show the expected price of silver over the next few years. Now just need wait and see ;)
Today, the turning date for silver (XAG/USD) is in focus. With the weakness that already began yesterday, a loss phase lasting until the beginning of the new week - at the same time of the new month - is indicated for the silver price. Great sell-offs should not be expected here, however. Because already to 2. March a already new turning point points itself. This...
As said before and I will say it again, in the past months, Silver's trend and evolution clearer than Gold's And as you can see from the posted chart, after reaching 22 on Thanksgiving week (1765 correspondent in Gold), Silver has had a clear uptrend. More, last week's fall in Gold to 1760 has a 26.50 correspondent in Silver, being far from a drop and just a...
Either we will see higher volatility going towards new highs in silver now or it will continue on a long term uptrend. The Biden stimulus should however have an impact and result in greater inflations and therefore mean that silver will be valued higher towards the dollar. If it doesn't, then silver isn't connected to fiat and geopolitics and therefore broken and...
Hi Traders Silver Multi-Timeframe analysis H1 CHART A low probability, entry signal to go LONG was given at 27.118 after the market found support at 26.847 . Only the downward break of 26.847 would cancel the bullish scenario. Support & Resistances 27.039 27.510 26.816 27.652 26.528 27.940 H4 CHART A medium probability, entry signal to go LONG was...
Building on the work of my V2, which had correctly identified the 8 year cycle for Silver, there was something about the MACD bugging me about it and how it didn't line up. Went back to it and got to the bottom of it! And what a lovely find regarding the Elliot Wave corrective wave, in that the time proportion between the last correction period and this recent...
The silver price (XAG/USD) has been in a technical uptrend since mid-December, with rising highs and lows. The precious metal clearly outperformed gold in recent weeks, which is why we clearly prefer this asset. Already in July last year, we had drawn attention to the very high gold-silver ratio and the historically exceptional situation in silver! The following...
Our chart shows support and thus we are attempting to Buy. We have covered Silver fundamentals previously, look at the related ideas below.
Silver will continue Uptrend! Watch out Friends!
An update of a previous chart. Just a bit more of a play with time frames, although the core 16 year cycle is still solidly in play. Most interesting thing to note was the .38 ratio in play between the big movements. This is the after affects of Gold standard removal in 71 coming home to roost, incredible. Interesting!
Silver is forming a bullish ascending triangle with the potential to break out in the coming days or weeks. It may be possible to get another rejection on the resistance line, but I would imagine as the economies of the world reopen and velocity of money starts to pick up, inflation will drive silver up to old highs this year. Long/hold position is wise at this...
As i am watching silver had made a double top and make higher high but get rejected from 30$ zone it had already done a retrace but we are expecting silver will retest these design levels and as we can see a recovery in $ so if it will not be a bubble then with dollar move it will go to our TP Friends Silver is a highly risk based trade so always use proper...