XAGUSD on the 2H chart over the past month has ascended into a head and shoulders pattern and then descended into a pivot on June 22nd. As it is now ascending, silver is a long trade candidate. I see the stop loss as pivot low on 5/25 . Based on the volume profile and its POC line, as well as the H & S pattern, the first target is the POC line at $ 23.3, the...
I am thrilled to share some exciting news - silver has just hit a golden cross! For those unfamiliar with the term, a golden cross is a technical analysis term that occurs when the 50-day moving average exceeds the 200-day moving average. This bullish signal indicates a potential upward trend in the price of silver. This is fantastic news for all who have...
Silver not trading at crucial support zone . highly chance to trend change in silver. if not close below 66k we again seen 70/72/75k Disclaimer: all views are education purpose only.
Price has reached 50 MA on Weekly TF and major trend line with a golden Fib zone. Potential to the upside in probable. Entry: 22.016 SL: 21.691 TP: 23.037 Risk 1% RR 1:3
hi dear traders\ silver now in the strong weekly supourt .... my opinion is that( price going to consolidation ) after this range can go up to 25 $ good luck
Hello hustlers.. This is trend change trade . Use good trade management only thing important in Trading is how you manage your trade... FROM 1:4 & 1:8 RISK REWARD RATIO... Enjoy...
XAGUSD has made a beautiful move downward and now it seems like the bears have got exhausted selling this metal and we could see a daily level Bearish candle which has started with a good momentum to sell and then at the end of the day the Bulls had taken the control back and Pushed it all the way up with a bigh wick rejection also on the 2nd day after bullish...
With a robust bullish momentum, I am anticipating XAGUSD to rally towards $25.33425 from its current price of $24.19700.
Silver futures tried to jump unsuccessfully above the Mid channel line resistance but has been unsuccessful so far. Closing above 74324 will unleash a new bull run in Silver which might have resistances at 76341 and 78000+. The two resistances can also be considered next targets in case of closing over 74324. In case the mid channel line proves to be potent...
Silver formed a cup and handle pattern on a daily time frame. The price is currently breaking its horizontal neckline. If the market closes above 24.05, it will confirm the violation. A bullish movement will be expected to 24.5 level then. The best place to buy from will be the broken neckline of the pattern. ❤️Please, support my work with like, thank you!❤️
Silver made a symmetrical triangle formation from 1988 to 2004 and broke this formation in 2004. Its peak and order block in 1983 worked as resistance in 2006 and as support in 2008 and 2020. I think the peak Silver did in 2011 was an order block too. The reason for this is that this order block was rejected in 2012. The symmetrical triangle formation it has...
Daily bullish order block formed on 21st March. 22.40-15 strong demand zone for long, stop loss may place below 22.15. Target: 24.80. this setup will take time may few days even weeks.
Silver had been on a downtrend for two weeks before hitting its pivot low on 5/18/23 and reversing. The Hull suite indicator has changed from red to green while the zero lag MACD indicator bounced on the zero line and is now uptrending. Importantly, on the way down price dropped quickly through a low volume area of the volume profile marked out on the the...
After a strong bearish movement, we could see a bullish movement! Entrance= 22.24 SL=23.33 TP=21.5
Hello Traders, Hope you all are doing good!! I expect XAGUSD to go Down after finishing the correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market...
Spot Silver dropped this past week about 6.5 % from its high early in the week. On the 15-minute chart the drop occurred over three days. XAUUSD is now underneath the POC line of the volume profile as well as the negative bands of the mean anchored VWAP. The Mass Indicator and faster / slower MA ratio indicator are both near the zero line showing...
Hi there, For me , on daily chart this is looking very bearish, but i will not entry now with a short because we still need to wait for a break line ( red line ) and also, a Price action confirmation, afther that , if we close under the red line, i will short this . But i think will be a nice trade with a good profit .
A breakout from the down channel in play is evident. What im looking for is a bullish breakout to the horizontal double top point plotted. (circles) Green curve encompasses the entire structure