Silver analysis hit our one tp now new update silver buy opportunity for long periods..... TVC:SILVER
SHORT-TERM = SHORT, MID-TERM = LONG, LONG-TERM = LONG
The EWC suggest further upside in Silver in the following days.
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...
Silver as mentioned in earlier post, we were very bullish. Continues to push higher, hit $27.50 now pulling back to test support at $26.00. We are looking to re test prior 2020 high of $29-30
XAGUSD Silver has been a very profitable trade for us at the Sunday open, everything that we have detailed in our previous Silver XAGUSD analysis has unfolded to a T. As I mentioned on the video, I was going to post a link for our other social media but just noticed that it violates the house rules, so I won't post any link here. Make sure you like & follow to...
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...
Hello Traders, Silver is working an impulse wave. Minimum target @ $31
Silver has broken out and one could consider entering a long trade now or on a retest of the breakout point. Fib extensions on the chart. Both fundamentals and technicals are supporting the trade.
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...
Again, no words, charts say it all.
Here is First Majestic monthly chart with all levels to watch. Given Silver strong performance and seasonability we should be looking for a break of the long term trend line. I expect much higher price in the next few weeks. Trade safe!
Silver has been in a sideways descending channel consolidation for several months. Many are convinced Silver has lost its momentum and will cease to grow, we know this is false, Silver will rise and challenge its previous all-time high in the coming future. We need to see a close above the monthly pivot to initiate a shift in the current trend, followed by a...