if this bullish flag on weekly chart will hold, lovely path to reach those targets easy.
🏛SILVER hit a horizontal support level After the bears attack and now a recovery is likely With the final target of reaching the local resistance LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Midterm forecast: While the price is above the support 23.75, a resumption of the uptrend is expected. We make sure when the resistance at 28.75 breaks. If the support at 23.75 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The symmetrical triangle is taking shape. As a continuation pattern suggests, we will...
Midterm forecast: While the price is above the support 23.75, a resumption of the uptrend is expected. We make sure when the resistance at 28.75 breaks. If the support at 23.75 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The symmetrical triangle is taking shape. As a continuation pattern suggests, we will...
Silver tested its long term up trend yesterday and bounced off of it. THese are great price levels for long term buyers
METALS READY TO LEAD THE WAY #BLESSEDPIPS
🏛SILVER fell massively against the dollar Just as pretty much anything to be fair However, Silver fell by more than 8% Which is a lot and such a move needs a correction And I think that it may start from the current support level Which was hit today and we are already seeing a nice bullish reaction The nearest resistance level is somewhat far away But given...
A long time ago, Gold - physical gold for that matter was in high demand. In recent years bitcoin has been talked about as the gold replacement, what do you think? Is there still value in gold? Think back when people would rush to the mountains, in search of gold! Usually the guys getting rich, where the ones selling the shovels. Similar in crypto today,...
Hello,Traders! SILVER is retesting the horizontal resistance After breaking the rising support line Which makes me bearish And although there is still some room for it go up I think that it will fall eventually To retest the lower demand levels Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
🏛SILVER broke out of the rising channel And is now retesting the resistance confluence Of the rising resistance and the horizontal resistance lines Which makes me bearish overall and I think a move down is likely With the target being the recent local low SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
🏛SILVER broke out of the rising channel After failing to break the strong resistance And is now making a pullback, to retest the resistance From where I am expecting a bearish move down With the target being the support below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
We have a bit different situation in Silver. The flagging formations on the monthly chart failed more compared to Gold. In fact, in 2012 there was a clear depreciation in this market – flagging formation that broke to the downside; tight consolidation followed by the final breakdown. Certainly, it is too early to jump into this market, but in the case, we see a...
Midterm forecast: 25.75 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 25.75 is broken. Technical analysis: While the RSI support #1 at 48 is not broken, the probability of price decrease would be too low. A peak is formed in daily chart at 28.55 on 06/ 01 /2021, so...
Midterm forecast: 25.75 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 25.75 is broken. Technical analysis: While the RSI support #1 at 48 is not broken, the probability of price decrease would be too low. A peak is formed in daily chart at 28.55 on 06/01/2021, so more...
Hello,Traders! SILVER was trading in a rising channel But the pair hit a strong horizontal resistance And now we saw a breakout of the rising support And then a retest of the broken resistance Which makes me bearish on Silver And I think that it will go down Towards the support below Sell! Like, comment and subscribe to boost your trading! See other...
In today’s educational article we will analyze silver’s historical boom and bust cycles through the lens of financial history but we’ll also provide a forecast for the future price of this asset. In the modern era of precious metals markets that began in 1971, silver (XAGUSD) had 2 previous bull markets that reached the fabled $50 USD level and then pulled back....
Gold has played exactly where it should have done. I expect the next move to run another quick false move up before dropping down, Ideally center of the Regression channel. Will be looking for key levels around there. DXY strength due for a pullback. (Near term moves) Would like to see the lower move not the higher... Bit of fun Disclaimer This idea does...
Silver Showing Some Positive Signs For A Downward Move ... Ideal Trade Shared With SL (Just Below The Formed trendline) & TP (TP1$TP2 Indicated With The Dotted Lines)... You Can Alternatively Look For Your Own Sell Setups....