TECHNICALES XAG/USD has finally come to a bearish end lasting over 120 days! An amazing performance from the metal in comparrison to the dollar. The pair has made a bullish break out of the trend line on Thursday this week and tried to come back in but wicked out, continued bullish and there is our bullish confirmation! On its way up i expect it to play around...
Silver seems to be left behind amid major interest for crude, aluminum and natural gas. While silver prices are ending the week with quite a strong upside move showing intentions to leave a downward channel that has been forming since June 2021. Let’s take a closer look at the silver price chart and start with the “Morning star” candlestick pattern that has been...
SILVER has been trading in a horizontal channel for 2 months. It looks like what appears to have been a breakdown has now reversed. An inverse head shoulders pattern pattern has formed and currently we are testing the downtrend resistance line. If broken, a great entry will be on the retest of the head and shoulders neckline. A target being the mid channel resistance.
Dear gamblers, Seems that AG has retraced enough. We open long right at 12.33 USD with stop loss at 10 USD looking to target 40 middle term. Silver is a "commodity" that attracts me because of its scarcity and industrial need for batteries. Let's see if it plays out. ** This is not financial advice, do your own research before risking money *** Kind regards,
Looking like US Dollar is rejecting for third time! So we might get a turn on Euro pairs like EUR/CAD and Gold / Silver / Oil. Watch out might get a short covering rally in all these pairs everyone is selling!!! Be careful on shorting....
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Silver is in the latter stages of potentially completing its corrective cycle. The sequence should complete on the next new low to test the confluent support zone of 21/20/50, watch for bullish reversal patterns to develop here to deploy long exposure targeting a move back through the internal trend line resistance through 23 enrolee to a test of the primary trend...
SILVER 4 HOUR TIME FRAME LONG POSITION As you can see there is another drawing linked to this one but the previous drawing is a short position. BOTH CHARTS ARE NOT FINANCIAL ADVICE BUT PERSONAL IDEAS. If you like my analysis give it a thumbs up. If you are spectacle or have any questions on both charts please feel free to leave a comment below or send me...
Long silver with 21.40 stop loss. Risk reward so logical. Chart so clear. So, do not hesitate. Good luck fellas
COMMODITY WHICH BOTH BASE AND PRECIOUS METAL SUPPORT BUT STILL UNDERPERFORMING...CURRENTLY IN NO TRADING zone...if 22 then It will best for short for target 20.50..
As I said in my previous Silver analysis, as long as the price stays above 22.20 support, bulls hold the upper hand. At this moment, on H1 chart and smaller time frames, we can see a small pennant forming which can lead to continuation. The confirmation comes with the price above 22.65-22.70 zone and the parget can be 23.50
Trading Signal: A Trading Signal is seen in the XAGUSD Silver Traders can open their Buy Trades NOW Rank : ⭐️⭐️ ⬆️Buy on neckline breakout or Buy on 22.15 ⭕️SL: Close below 21.95 🔵TP1 @ 23.05 🔵TP2 @ 24.20 🔵TP3 @ 25.55 If you liked our ideas, please support us with your likes 👍 and comments .
H1 Time frame Silver breakout ascending triangle Tight Stoploss Big profit Lets see that
After breaking above the trend line resistance on Friday, and confirming the drop under 22 as a false break, Silver has riched a high around 22.7 Now XagUsd is in a normal correction and this can be a good opportunity for bulls to load long positions A good place for this is 22.30 support and a break back below 22 would invalidate this bullsih scenario 23.50 could...
Silver possible reversal . Wedge pattern and support zone. first target wedge upper trend line and after break may be massive spike possible.
Similar to Gold, Silver also has reversed strongly yesterday and at this moment is trading in confluence resistance as well. A break to the upside would confirm reversal on medium-term and also a false break of support Buy dips is my strategy and I will remain bullish as long as the recent low is not violated
It is in the best buying level per trend line. Below 21 free fall is expected.
Pulling back to the monthly chart, silver could be breaking out of this multi-year wedge. If it breaks and holds then the target is just over $200.