silver accumulation to build energy for upside move. professionals increase 6k long by last four weeks. while commercials increase 8k shorts. net impact of 14k long side.
As i can see silver is currently trading above 25$ which is a great point to enter for buy's it already break the Triangle zone on hit our tp on last posted analsysis but now it retrace and going to make a new high of 2021 mostly it moves with Gold Move and Gold is also @ strong support closed on since Friday US INDEX (DXY) still have to drop more and many...
Silver chart is showing really good trend line support here it can move higher and higher Silver price today is moving in below last 3 day low. breakout above will be our entry. After correction in US dollar Commodities Price is moving good also in pandemic situation Investor majorly hold the commodities and bitcoin which is one of the best investment...
Silver is gaining momentum in bullish territory on the monthly chart. All MA's are now acting in support which is really good. VWAP is also under which give great push on the upside. Here are some projection for next Grand Cycle Wave 3 Based on last intermediate wave 2, the intermediate wave 3 can reach : 161.8% - 86.688$ 261.8% - 133.092$ (my favorite...
Preconditions: - global uptrend - local uptrend - large accumulation at the bottom, shows the big player who buys on the cheap silver.. You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and...
Just like Gold, Silver also had a good start of the year with price breaking above pennant resistance and confirming its strong bullish trend. As it was normal, 27.50 offered resistance and I believe this is just a pit stop in this uptrend Yesterday Silver confirmed 26.80 as new support and I expect an acceleration to the upside once 27.50 is cleared For this...
How much price of XAUXAG (Silver) might go this year of 2021? Hello guys! I hope your doing great today.This gonnah be your's one. In this article I'm going to explain the chart movement for silver! Is this real that the silver might going to hit $30 for every OZ. Literally, making us to think high. Right! How much does it going to grow up by 2021-2022 and by...
Here's the scenario I'm thinking of for Silver, it might drop a bit to the demand zone where there's a strong support on different timeframes, it also indicates to be overbought on the daily, macd is weak and stochastic want to decide. Anyway, it might drop as I said or just continue to be bullish to target 29. But if it dropped I don't expect it to go under 200...
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 Friends dont forget to push like and subscribe to get more updates on other analysis
As usual, Silver is more volatile than Gold, and yesterday's 500 daily range on XauUsd translated in more than 2500 pips volatility for Silver. But, also here, nothing is changed from a medium-term perspective. The drop from 27.40, although very violent, is nothing more than confirmation for 25 as strong support. At the time of writing Silver is trading stable...
As I said in my previous analysis, in a bullish scenario ( which I definitely expect ), Silver has more to gain than Gold. ... Last week Silver was on the run, same as Gold, but, as usual, things are more clear here from the technical point of view. On Tuesday XagUsd broke above 2 important resistances, the descending trend line resistance and the horizontal and...
Silver XAGUSD has been a very profitable trade for us within the month of December where we forecasted a big rally on the back of more stimulus, annual inflation and seasonality. In terms of Silver we have to be extremely careful in our trading and "scale in" instead of going "all in", for next week we are aiming for a quick take profit level of 26.22 and we...
I was bullish on metals ever since mid-2019 when Gold broke above 1350 important resistance of the "rounded bottom" pattern and in fact, this was one of my first analyses on Tradingview. Comparing Silver and Gold charts though, we can see that Silver's break lagged about a year, the important break here happening in mid-2020. Continuing this comparison, we can see...
After a first leg up from 22 to 25, Silver entered a period of correction/consolidation. The price is staying above 22.20-22.50 zone support and I expect this support to hold and a new leg up to follow. Dips towards this support should be bought for a new challenge of 25 resistance
price direction: DOWNTREND potential target price: 22.90 **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can...
Silver also had a drop yesterday and exactly like Gold, stopped in the interim support at 23.50 in its case. And although at this point the price looks bearish, my long term outlook hasn't changed. I will remain bullish as long as the price stays above 23 and I expect 26 to be reached in the medium-term Dips towards this zone should be bought and only a dive under...
2nd chance to get on board or to reload those SHORTs. Here is the previous post;
In yesterday's comment I said that 24.40-24.50 is the line in the sand for Silver and as we can see from the chart, XagUsd stopped its ascent just under this level. Similar to Gold we can have a correction also here and a drop under 24 should clarify things. 23.50 and 23.00 could be good targets for bears with 1:3 R:R in the case you target the later. On the other...