Hello There!
Welcome to my newest analysis of SILVER from several timeframe perspectives. The recent determinations within the SILVER price are so severe that I saw no other approach besides deeply analyzing the current bearish indication within my analytics backend and approaching the most acute indications here. Especially, as SILVER is emerging with these...
You know the arcade- and computer-game “Whac-A-Mole”, where you have to whack little mole-figures popping up randomly back into their holes? Quite similarly to these mole-figures, silver has repeatedly been popping up into the upper orange zone between $21.85 and $23.46. Now, we don’t want to whack it, as it still has some room in the upper orange zone to finish...
Hi
First of all, I have to say that I'm a newcomer and this is my very first analysis based on what recently studied about price actions and trends, so I just put my chart here in order to exchange ideas and record my ideas.
I've been watching the silver price for a week and as many of you know, I was really waiting for the 23$ to open a long position (which is...
Yes, it seems like the bulls are getting ready to attack!
IF the silver price overcomes the 23.6 % Fib level and 50's MA with a sustained close around 23.30 USD, it would be time to fasten your seat belts.
IF XAG/USD doesn't overpower this critical resistance area and is making a move to the south, I would take another short trade into consideration. But this...
Hi guys! 👋🏻
🔔 Silver continues its uptrend since September 30, 2021 when it hit the newly lows of the year. The uptrend is backed by the FED’s tapering plan which should start in November. Despite the positive US Jobless Claims, the US Dollar index remains under pressure below the 93.7 level.
🔔 The US Dollar index is still vulnerable below the 93.7 which is a...
Technical analysis of silver XAGUSD - viewed in the D1 chart
The price of silver has been in a congestion zone between USD 21.67 and USD 30.09 since August 2020. Within this range, the technical starting position is neutral in the medium term. Looking at the overarching chart, we ultimately expect the range to dissolve towards the north and thus a continuation...
Hi guys! 👋🏻
🔔 Silver once again outperformed Gold today by gains, Silver is up just over 1%, while Gold gained only 0.24%.
🔔 According to the CFTC data as of March 9, there is a 20,000 spread between the overall net positions on Silver Futures, with an edge going to short positions. The update of the CFTC data on Silver will be released later tomorrow, worth...
