The 4 hourly Silver chart is showing initial signs of a potential inverse head and shoulders pattern. With confirmation of this pattern, I will be looking for a long position at 22.50. My target will be a long position towards the 23.50 resistance and supply zone.
It seems that silver has found triple bottom support on the RSI, while DXY is showing signs of a strong bear. This suggests that commodity prices may rise, which in turn could send silver to test $24.5 once again. However, if silver fails to clear this area, it could potentially lead to a permanent collapse of silver prices. But for now, this chart is bullish....
Silver is on support. Long silver for mid line target. Trade safe. Good luck.
HELLO TRADES !!! As i can see silver is now @ support zone and we are buying with a low risk and looking for a higher rewards ... Friends trade is on based of Fundamentally + Technical analysis kindly have look on our other analysis so you can understand why we are buying charts is crystal clear for uptrend its just an trade idea share ur views with us for silver...
Since hitting a record high of 126 in 2020, the gold/silver ratio has broken down and has remained contained beneath the monthly chart's Ichimoku cloud as it forms a symmetrical triangle. A similar formation appears immediately preceding the 2000 and 2008 recessions, when the ratio broke above the apex of the triangle and through the Ichimoku cloud as traders fled...
Silver set a new higher high higher close, violating a key horizontal resistance on a daily. It is an important sign of strength of the buyers. The market will most likely keep growing. Next goal - 25.0 ❤️Please, support my work with like, thank you!❤️
Last 15 years this seasonal trade has a 93% success rate. Entry is on paper 12/22 however entering it a little early isn't the end of the world. Looking to exit before the 9th of Jan but leaving myself room incase i need to leave it open. "I'm never going to financially recover after that last trade." -Kewlkat
After fake breakout above 25.00 level, Silver had a deep pullback and now its on support and has chance to goes high again. Trade safe. Have a good week.
Silver - down and then up? As you can see, the price is in a correction mode now, but we are in an up-trend, and not just this, but also in ascending triangle + possible W reversal in up..so the support zone is a good area for long.
Silver trying to break 12year old trendline. This is a long term chart. Based on history, big trend lines shifts the long term trend. With all the inflation going on people historicaly buy silver and gold to protect them self from inflation and preserve their puchasing power while their currencies fall. On of my favourite copper/silver stocks that is leveraged...
Silver is currently trading within a narrow horizontal range on a daily. 23.20 – 23.43 is the support of the range. 23.93 – 24.14 is the resistance of the range. Bullish breakout of the upper boundary of the range will give you a strong bullish signal. Daily candle close above will confirm the violation. A bullish continuation will be expected to 24.70...
SILVER New forecast The silver price traded declined significantly and reached the level of 23.50, so we are forced to remain neutral until it shows the clearest trend during the coming trades. Therefore the 23.50 - 23.35 levels is important fore Silver during coming period hence failure to stabilized under 23.35 it will support the price to rise up again and...
SILVER New forecast Silver price trading settled above the 23.00 level after the strong upward rally witnessed yesterday, enhancing the chances of the continuation of the upward trend during the coming sessions and heading to visit the 23.49 level and stability above it that will reach 23.77 and 24.00. therefore , the upward scenario will be remain valid and...
The price of silver ended yesterday's trading with a noticeable positive note, breaching the 22.25 level and settling above it, providing signs of an attempt to return to the upward path, but we note that the technical indicators provide negative signals that may pressure the price to decline again. Therefore, the conflict between technical factors makes us...
hi dear trader this buy setup position for silver in MID term iam waiting for retesting supourt zone on 22.13 after that i am open buy position on silver an my take profit on the top of dynmic resistance around 25 dollar stop loss need for any position good luck mehdi
SILVER New forecast The price of silver moved upward significantly in the las week , breaching the 23.12 level and stabilized above it, heading towards achieving expected gains during the coming sessions, on its way to mainly visiting the 23.35 and 23.49 level. Therefore the uptrend scenario will be remain valid and affective supported by moving average 50...
At the moment, due to the fact that gold remains bullish, I will remain neutral-bullish on Silver as well