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 New forecast Silver price trades rebounded lower after achieving the expected target at 24.60, to test the resistance at the 24.00 level, waiting for the resumption of positive trading to reach the 24.35 level and extend to the 24.60 level again, and by breaking it, it will reach 24.95 level . Therefore, the bullish trend scenario will remain valid in...
SILVER New forecast The silver price tested the 23.73 level and maintained its stability above it, as the 50 moving average meets this support to add more strength to it, which supports the chances of resuming the expected upward trend in the intraday term, which targets the 24.35 level as the next main station and extend to 24.60 level . Therefore, we are...
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
SILVER New forecast The price of silver rose yesterday, breaching the levels of 23.00, then 23.73, and settling above the last level, stopping the negative scenario that dominated recent trading and heading towards achieving additional expected gains in the immediate and short term, noting that the next target reaches 24.35 and extends to 24.60. Therefore, we...
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.
Hello everyone, Silver 6H NEW FORECAST Silver price made an attempt to break the 23.70 level, but it consolidated above it, which makes us likely to head to build a bullish wave that mainly targets visiting the 24.60 areas, supported by the positivity of the Stochastic indicator that appears on the four-hour time frame. Therefore, an upward bias will be...
SILVER New forecast The price perfectly fulfills my last idea and price reached to near to our second targets . The price of silver fell yesterday to reach the outskirts of the expected target at 23.73, which represents the strong support line, which shows the importance of this level in determining the fate of the next trend, as consolidation above it will...
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 New forecast The price perfectly fulfills my last idea and price reached to our second targets . The price of silver exceeded our expected target at 25.50 and approached the third target at 26.00 and rebounded from it, returning to awareness around the first level, waiting for a positive momentum to continue to push the price directly and irreversibly...
SILVER New forecast The price perfectly fulfills my last idea and the price reached to our targets . The price of silver traded with strong positivity to succeed in achieving all of our suggested positive targets at 24.60, and we notice that the price penetrates this level and tries to hold above it, to support the chances of achieving more gains during the...
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...