SILVER - BULLISH MOVE 📈Hello Traders !
The Silver Price is Trading in an Ascending Channel 📈
The Price Reached a 0.6 fibonacci retracement level,
and Failed To Break The Support Line.
So, I Predict a Bullish Move 📈
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TARGET: 25.35000🎯
Silverusd
#SILVER: A strong sell off expected! 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 price action if price does not respect our zone then the idea will be automatically invalidated. we will update on this as we progress.
Silver trying to break 12year old trendline.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 for rising prices.
is Brixton Metals corp /symbl: BBB
SILVER (XAGUSD): Technical Outlook & Trading Plan 🪙
Silver is currently trading within a narrow horizontal range on a daily.
23.20 – 23.43 is the support of the range.
23.93 – 24.14 is the resistance of the range.
Bullish breakout of the upper boundary of the range will give you a strong bullish signal.
Daily candle close above will confirm the violation.
A bullish continuation will be expected to 24.70 then.
❤️Please, support my work with like, thank you!❤️
Wave 1 is complete!! How much will the second wave be corrected?Greetings, dear friends. I hope you are having a productive week.
I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further.
I want to share my market analysis ideas based on the Elliott Wave Principle with you.
I am a fan of this principle and follow all the rules and guidelines for analyzing the market.
However, please note that my ideas are based on my personal experience and may change over time.
If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes.
It's important to understand that making an error in analysis is not a fault, but evading responsibility is.
No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get.
We analyze from multiple perspectives to consider all possibilities.
Let's mention a few opinions and ideas!
Based on mathematics.
I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future.
Thank you for your continued support, and I look forward to our mutual success.
Best regards,
Mr. Nobody
Keep trying and never give up.
Good luck!
Five Wave Up Now Three Waves Corrective Degree? How Much CorrectGreetings, dear friends. I hope you are having a productive week.
I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further.
I want to share my market analysis ideas based on the Elliott Wave Principle with you.
I am a fan of this principle and follow all the rules and guidelines for analyzing the market.
However, please note that my ideas are based on my personal experience and may change over time.
If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes.
It's important to understand that making an error in analysis is not a fault, but evading responsibility is.
No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get.
We analyze from multiple perspectives to consider all possibilities.
Let's mention a few opinions and ideas!
Based on mathematics.
I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future.
Thank you for your continued support, and I look forward to our mutual success.
Best regards,
Mr. Nobody
Keep trying and never give up.
Good luck!
Silver has a big problem!
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 rejected from the top and further from 0.6 Fib and 0.5 Fib. Subsequently, we soon expect a steep drop to a value of around 21d.
Silver is trading within descending channelFrom the start of the month may XAGUSD/Silver is in downward movement after forming a double top formation. Ever since this drop its forming clear descending channel. Within this bigger trend formation We can see some rising wedge formations which is indicating the upcoming bearish trend until this trend gonna breakout. The price is currently below 50% Fibonacci level. In Elliot wave analysis currently larger third way is under formation.
SILVER - Bearish Scenario 📉HI Traders !
On Friday 20 Oct, The Silver Price Reached a Resistance Level (23.77640 - 23.55650).
-The XAGUSD Failed To Create a New Higher High.
-The Price Formed a Triple TOP Pattern.
Currently, We have a Bearish Scenario:
If The Market Breaks The Neckline and Closes Below That,
We Will See a Huge Bearish Move 📉
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TARGET: 21.10000🎯
SILVER - The Neckline is Broken 📉
As We Talked in The Previous Analysis:
On Friday 20 Oct, The Silver Price Reached a Resistance Level (23.77640 - 23.55650).
-The XAGUSD Failed To Create a New Higher High.
-The Price Formed a Triple TOP Pattern.
Currently,
-The Neckline is Broken.
So I Expect a Bearish Move !
i'm waiting for retest...
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TARGET: 21.10000🎯
Silver I Potential upside Hello,Traders!
.
.
.
.
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XAGUSD (Silver) is trading in a downtrend on the daily and sitting
right below the 50 MA. After the recent decline and consecutive
rejection at 20.73, price has been pushing upward in an impulse,
correction phase. It is currently rejecting the 32% fib after the
impulse rise from 21.77. All signs are pointing to more upside at
the moment with a potential target to resistance 23.50
Trade safe and good luck!
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Check out other forecasts below too!
SILVER - BEARISH SCENARIO 📉Today, The Silver Price Reached a Strong Resistance Level (22.51100 - 22.11245) and 50% Fibonacci Retracement Level.
So We Have a Bearish Scenario:
If The market Breaks The Higher Low (21.72533 - 21.57400) and Closes Below That,
I will Sell on Retest...
TARGET: 20.10000🎯
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If you agree with this IDEA, please leave a LIKE, SUBSCRIBE, or COMMENT!
#silver #XAG Long Term StrategySilver has broke the trend line in the megaphone channel and will there will likely be a bearish retest. If price decline comes after retest, the silver price will probably go to find the megaphone channel dip. Mid / short time , this will be a bearish movement.
But in long term , after breaking this megaphone channel, silver will meet new ATHs in Q3 2024.
NOT FINANCIAL ADVICE. Do your own research and always decide with your knowledge not mine or anyone else.
Silver Breaking down: Symmetrical TriangleSilver (US$/Oz) Breaking drown from a long term support trendline (22.197 levels).
Crucial support levels to look for : 21.376, 20.7-20.52 and worst case 19.945. Although if macro factors support we can see a demand uprise and a subsequent pull back to 21.376 and rally upto previous long term trendline levels.
SILVER Bullish from trendlinehello traders ,
silver reached a trendline , a strong bullish impulse is expected from there.
its the last week of q3 trade safe
XAGUSD - Bearish Move 📉Hello Traders!
On The Daily Time Frame, The XAGUSD Price Reached A Resistance Trend Line and Supply Zone !
Currently, The Price Failed To Create a New Higher High 📈
So, I Expect a Bearish Move📉
i'm waiting for retest...
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TARGET: 22.45000🎯
___________
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
silver ( xagusd ) Long Term Trading IdeaHello Traders
In This Chart silver HOURLY Forex Forecast By FOREX PLANET
today silver analysis 👆
🟢This Chart includes_ (silver market update)
🟢What is The Next Opportunity on silver Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Silver to USD possible trendDue to the chart you can gonna find short positions and swim through the trend by confirming your strategy.
Silver 4H Pivot Price: 24.98Silver
stabilizing above 24.98 will support rising to touch 25.16 then 25.35 then 25.53
stabilizing under 24.98 will support falling to touch 24.65 and then 24.50
Pivot Price: 24.98
Resistance prices: 25.16 & 25.35 & 25.53
Support prices: 24.65 & 24.50 & 24.20
timeframe: 4H
SILVER (XAGUSD): Detailed Video Analysis & Trading Plan 🪙
Multiple time frame analysis for Silver.
Price action & key levels.
Directional bias and thoughts.
❤️Please, support this video with like and comment!❤️
China Solar Demand Surges and Silver Mining Supply ConstrainedChina, the global powerhouse, has recently witnessed an astounding surge in solar demand, skyrocketing by a remarkable 14%! This tremendous growth is a testament to the country's commitment to clean energy and sustainability. As investors, we can capitalize on this upward trajectory and positively impact our portfolios and the environment.
In addition to the soaring solar demand, the mining supply of silver, a precious metal with diverse industrial applications, is facing constraints. This development presents an intriguing scenario for those seeking to diversify their investment portfolios with a long-term perspective. Silver's versatility and pivotal role in various industries, including solar energy, electronics, and healthcare, make it an attractive asset.
Now, how can we seize this opportunity? Well, the answer lies in strategically adding silver to our investment portfolios. By doing so, we can benefit from the increased demand driven by China's solar growth while also taking advantage of the supply constraints in the silver mining industry.
As investors, staying ahead of the curve and proactively identifying emerging trends and opportunities is crucial. Therefore, consider including silver in your long-term investment strategy. Its growth potential and the positive environmental impact of supporting clean energy initiatives make it an exciting prospect for any forward-thinking investor.
Remember, investing is not only about financial gains but also about contributing to a sustainable future. By adding silver to our portfolios, we can align our investments with our values while potentially reaping substantial rewards.
Silver poised for a Multi yearSilver poised for a Multi year Uptrend SLV heading towards 50
Thematic story, plus Multi year base formation, with final uptrend gaining momentum.
Exciting Opportunity: Will Silver Bounce Off the MA50 Again?Our favorite shiny metal, silver, is gearing up for another potential bounce off the MA50, and I couldn't be more thrilled about the possibilities it presents.
As avid silver traders, we have witnessed the power of technical analysis and the significance of key moving averages. The MA50 has proven to be a reliable indicator, acting as a strong support level for silver's price movements. And guess what? It's happening again!
Over the past few weeks, silver has been exhibiting a fascinating pattern, aligning itself with the MA50. This convergence has historically led to significant upward movements in silver's price, making it an ideal time to keep a close eye on this precious metal.
You might be wondering why you should be excited about this. Well, my fellow traders, the potential for substantial gains is again within our grasp! By putting silver on your watchlist and staying tuned to its price action, you can seize the opportunity to capitalize on a potential bounce off the MA50.
Here's your call to action: Add silver to your watchlist today. Stay vigilant, keep a close eye on the MA50, and be prepared to take action when the time is right. This exciting opportunity could lead to remarkable profits, and you will want to take advantage of it!
As always, please remember that trading involves risks, and conducting thorough research and analysis is essential before making any investment decisions. Stay informed, stay disciplined, and always trade responsibly.
