Hi Traders! There is a potential breakout on SILVER as it tries again to break the long-term support level. Here are the details: Looking at the price action, it looks bearish; the market swings are lower with lower highs and lower lows. The market has broken and closed under the 20 EMA, and this is the third time around the 21.885 support level. The plan is...
Silver: 44-Year Cup and Handle Formation Points to Bullish Continuation Silver, a timeless asset with a rich history, is capturing the attention of investors as it forms a 44-year cup and handle pattern, signaling potential bullish continuation. The current compression of the handle, coupled with a bullish pennant setup, suggests that a breakout could herald the...
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.
SILVER New forecast The price of silver continued to decline, breaking the 23.00 level and closing the daily candle below it, confirming the resumption of the downward path in the immediate term, opening the way to head towards 22.60 and 22.23 as the next main target. Therefore the downward scenario will be remain valid and effective during coming period ,The...
It is possible that the Silver RSI trend line may be retested, indicating a decrease in momentum from buyers. Consequently, there might be a continuous downtrend leading to a price point of $22. It is advisable to prepare for this ongoing downtrend. Sellers can still take advantage of the fresh bear trend on the hourly chart, providing opportunities for short...
SILVER New forecast The silver price faced negative pressure yesterday to break the 23.73 level and settle below it. Therefore, breaking the 23.50 level will have a negative impact and push the price to decline towards 23.00 and 22.60 levels directly. Therefore the downward scenario will be remain valid and effective during coming period , supported by the...
Following my recent sell analysis on Gold. Silver is also a short from here. Silver 6 weekly chart: Shows resistance and the bearish trend is strong. Target 1: $22 Target 2: $18 The bear trend is the same with gold. The current trend is pointing downwards. You need to devise a plan to execute your trade accordingly.
Silver dont momentum to breake tight channel and has chance to touch lower band of his channel. Trade safe. Good luck.
Dear Traders, OANDA:XAGUSD a strong sell off is expected on silver this week. Firstly because recently price have been overbought and there is going to be ' a strong bearish impulse' due to adjusting he market equilibrium. Secondly, the NFP and other strong news that can affect the silver future price significantly. We will have to keep close eye on the...
SILVER New forecast The price of silver declined and achieved a strong break of the 23.50 level to reach the 23.00 level directly, and we notice that the price is pressuring this level to provide signs of a trend towards achieving further expected decline during the coming period, targeting the 22.60 and extend to 22.21 and 22.00 areas as the next main...
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 of silver was able to stabilize below the 24.60 level, and we note that the price broke this level to settle below it, which opens the way for a further decline and heading towards achieving additional negative targets up to 24.35 and extending to 24.00 in the near term and stabilized under 24.00 will help the price to reach...
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.
hello traders what do you think about this analysis trading ideas 💡😁💡 Euousd sellers return to Resistance levels) Follow up with my trading ideas 💡😁💡
Hi dudes. I'm waiting for sell on silver for the week ahead. Sell zone opportunity on 1H. To notify the free signals, analysis, follow, boosts, comments, and write questions. Observe the money management (Use 1~3 % of your balance for each signal) and the stop loss.
SILVER New forecast The price of silver rose in yesterday's trading with noticeable positivity, penetrating the 22.23 level and settling above it, and approaching the 22.50 level to provide negative signals as long as the price is trading below the mentioned level. Therefore the downtrend scenario will be remain valid as long as price trade under 22.50...
SILVER New forecast The price perfectly fulfills my last idea and price reached to our targets . The price of silver declined and succeeded in achieving our second expected target at 22.23, and opened the day with a strong decline to break this level and confirm the continuation of the dominance of the downward trend, paving the way for heading towards our...
Let's take a look at silver pricing together. Silver has been consolidating for a long time in a range. Every time silver tried to go higher it was rejected. We are already at the end of the consolidation, where the bears are cutting every move up. I don't see any signs that the price is going to go higher again. it can be seen how the price was gradually...