Hi, this is my new update for Silver. Silver has lost 32% of its value since March 2022 and I expect we have reached the bottom. If we look at the purple rectangles we see that the area between $18 - 19.50 always acted like support and resistance level in different periods. In July 2020 we broke the multi year resistance level (2014-2020) and we never backtested....
Silver - Intraday - We look to Sell at 18.85 (stop at 19.09) The medium term bias remains bearish. Previous support level of 18.74 broken. A weaker opening is expected to challenge bullish resolve. Bespoke resistance is located at 18.85. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 18.85, resulting in...
Silver price went down and tested a major support zone. Price action is likely to consolidate at that level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Silver is in a falling wedge pattern. RSI indicator is in oversold area. Bollinger bands show a trend change because last candles are below the down Bollinger band. It can be inferred that it is time to buy and take a long position. Target: 25.545 Entry: breakout to the upside from the falling wedge
As the points numbered it has some resemblance between BTC and Silver (current price: $25.70) where points 1-5 has already touched an important trendline. To see what will happen to the future price action, we will have to see what is the price reaction at the trendline. If it hovers around the top of the trendline a quite some time, go LONG when the price...
Chart Story here is.. from a Ascending broadening wedge the bears took it down.. and there was a great chance that a Bullish divergence would appear. It did... course went up and so a Descending triangle formation was there to bring the course down again. Because the price then widens a bit on the downside in a sideways move, I consider it a Right Angled...
SILVER weekly chart: The most manipulated asset in world history in my opinion and opinion of many other top economist. Take a look at the price and the RSI, we have classic Bullish Divergence right now, which is a higher low on price and higher low on the RSI...The DeMark 9 indicator is showing we may be close to the bottom as well. Price targets and support...
On a today's live stream, we analyzed Silver. We spotted a confirmed breakout of a wide demand zone on a daily. Now the broken structure turned into a key resistance. From that, I will expect a bearish continuation to 20.66 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Silver reached a bottom two weeks ago. Sequential bullish sequence is complete. Buy with a SL of $19.62, profit target is $28. Risk to return is roughly 3:1 at these prices
As you remember, we spotted a bearish breakout of a rising wedge pattern on Silver yesterday. Today we see a retest. Retesting a broken support of the wedge, the market formed a descending triangle formation on 1H time frame. It is a solid confirmation and it may trigger a bearish continuation. Initial target - 21.7 ❤️If you have any questions, please, ask...
Silver with h&s pattern. It's a good entry to buy. TP 27-28 SL 22.9
- Why is Bitcoin the only one being talked about? - Why is Bitcoin only analyzed in a Logarithmic Chart? - Hasn't SILVER demonstrated for years its GREAT power? Here we will review the strength and importance that Silver will have for the next 10 years at least. Welcome to the Logarithmic Silver Chart Good Luck. !
Last week we spotted a confirmed breakout of a major weekly structure on Silver. Now, as the market is recovering, I am preparing to short. The zone from where I will look for selling opportunities is based on a confluence between fib retracement levels and horizontal structure. Let the price reach 21.8 - 22.2 supply area. Then wait for a confirmation within...
Based on the Fed's adamant nature on raising rates over the next two meetings, I see weakness in the silver price. But not much more. I think the Fed pauses and possibly pivots to easing after August when the true nature of the coming recession reveals itself. Following that I see a rapid rise in the price of silver, in a similar time frame between 2008 and...
Top-down analysis on Silver. Structure analysis. Your ultimate trading plan. Potential scenarios. ❤️Please, support this video with like and comment!❤️
Potential scenarios and trading recommendations for silver. Price action analysis and structure. Your trading plan explained. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
We're looking for the LONG in SILVER - XAGUSD We have hit the 618 retracement of the previous swing ( 15.12.2021 - 08.03.2022) We are approaching a 1.272 extension of the last minor swing (28.03.2022-08.04.2022) There is a buying tail now except we have no real evidence of buyers yet. We could see further decline to 707 or 786. The 786 happens to match up with the...
Hi, After a super fall rally it was easy to know where is the best area to buy! this is just an idea Take care!