Silver has been hammered pretty badly during the sell-off in March and after the recent market correction. Nevertheless, the large timeframes tell a different story. When we zoom out, we can quickly notice the huge that silver has been putting since Dec-15 marked by the a lower low $11.639 in Mar-20 and then a solid bounce followed by a rally to $29.869 in...
Expect minor correction on D.
SILVER 1D-TIMEFRAME ANALYSIS Hello ladies and gentlemen My idea the SILVER continues to downtrend Targets 20 19 I hope my idea is clear Support me by like and share Good luck
Buy at 57450 stop loss 56800 Target 59010 / 59840 Sell at 61440 Stop loss 62270 Target 59840 / 59010 which ever entry triggers first then go that side and leave the other view Fibonacci and Gann always rocks support us follow us and research with us
We updated our target for the correction in silver. Due to the breach of the $23 area, we have to expect further downward movement. The new target for a turnaround is between $19 and $15.50. A yellow box indicates the zone. This bigger correction leaves us with more potential to the upside after the current correction. We think that we are now ina major wave 2 in...
Hi guys, We have solid position on silver. * MACD DAILY BULLISH * StochRSI DAILY BOTTOMED * My view is that silver will after this strong pierce and selloff make attempt towards previous highs, drop again and continue to push since underpriced. * Target on silver is 48$/OZ. Having on mind position of S&P 500, DAX. FTSE and the other indexes, situation...
So with the stock market selling off this has impacted the silver price, which has now dropped below $26.1/oz. The price will now head back down to major support, previous resistance of $21/oz (and change). I would expect a very significant bounce off of this level after an healthy consolidation. We would then see a similiar reaction to what we saw back in march,...
Silver is tanking! After reaching our defined turnaround zone in yellow, the bears take over the market. Just as indicated in our first Silver post (👇🏿 hyperlinked below 👇). The support level at $25.78 is broken, and the downtrend accelerates. The next support to watch out for is at $23.58. At around $23, we expect the next major countermove. Happy Trading!...
NFP approaching and could trigger a heavy dump..I still believe we need to test Aug 12 support before going long
SILVER is ready for another BIG BULLISH TRIANGLE breakout! That's a big bullish triangle, let's smoke some hopium and pray it breaks up! 65% Chance it breaks up, 35% chance it breaks down. Trade safe my friends... TVC:SILVER
RSI and Stochastic are bullish. Today's bullish candle suggests that we will go test the upper yellow resistance.
Please share with me your thoughts, Regards
Multiple Indicators Point to Silver Going into a Bullrush This Week
XagUsd will find support ~26.3 and thats 50% fibonacci level of from previous week's low to this week's high.
Longers who want to fill their bags more should wait for dip around 23,5-24,3 area.
it is about to turn extremely volatile. but the destiny to take this one uP
Please share with me your thoughts Regards