Nice bounce on Silver, while the markets are going down??..... If precious metals are diverging from the overall markets then that tells me that people are concerned and seeking safety again. Plus commodity prices are skyrocketing so yah know.
One of my favourite pattern formations ABCDE symmetrical corrective triangle in a bull trend targets based on Fibonacci extension personally I am hoping to see the 25.390 fib support hold, or slightly higher based on one of my previous charts Don't trade my charts, they're just drawings Universal patterns are universal
(XAGUSD) Silver I am bullish precious metals. Gold has double bottom, silver at key trend-line down on daily - a bullish close above = further bullish movement to continue. Technical view: Support - 25.82500, 25.73400, 25.40565 Resistance - 26.60290, 26.71985, 27.26100, 27.93650 Pattern - Longer term - Inverse H&S Shorter term - Wedge Here is where things...
S I L V E R - Trade Idea. Precious metals overall have a lot of catching up to do compare to other commodities such as: Lumber, Copper and many others the list is endless. We saw this a yr a go coming due to Bloomberg commodity index, inflationary aspects was going to rise further. We've had good returns overall in commodities area, but isn't it time we pay...
Gold is still in the bullish expectations, and the rapid adjustment last Friday finally back to a reasonable range. At the beginning of the week, a steady signal near 40 is needed. The 60-64/81-84 range is the expected key bull target zero. The intra-week consolidiation is expected to consider the adjustment of the 20-60 interval, and after the middle of the...
price is rising inside a parallel channel the upper trend line already being tested three times while lower trend line being test only two times resistance 26.75438 and 27.22462 support Fibonacci retracement and lower trend line of channel wave c of abc corrective wave has made more than 100% projection if upper trend line of channel breaks than we have...
🏛SILVER is trading in a rising channel And has formed a bullish flag pattern inside the channel And unlike Gold, there is no falling resistance line here Therefore, the movement up is restricted buy the horizontal levels only Wait for the breakout of the flag And buy on pullback LONG↗️ ✅Like and subscribe to never miss a new idea!✅
Gold - Check out the last posts for areas of buys and sells. The last call "related ideas" was about the level being interesting on a shorter timeframe. We can expect a little push up here, but it won't last long. There's another push on DXY strength. Bullish as a whole - but not overly bullish in the short term. Disclaimer This idea does not constitute...
Buzz Lightyear is in control of this rocket ship. For me a key level of interest and a sign that price finally broke out of the downtrend came in my yellow box, as we can see price came back up to test the trendline for the 4th time, it broke on this 4th touch and then came back down to test this same trendline as support before bouncing in a bullish fashion and...
SILVER after the break of the descending channel, bounce over the weekly ascending trendline and created an impulse until the 26 level. The price is now testing the resistance area and according to Plancton's strategy if the price will break above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴...
Hello,Traders! SILVER broke out of the falling channel And we can see a good retest pullback From the breakout highs Which makes me locally bullish And I think Silver will go up Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
As we mentioned in our previous analysis, the Silver price dropped in our target zone and it looks like it is heading towards the orange trendline. For this week, if the price reaches and then breaks the trendline a bullish move is strongly on the cards. Keep in mind that the weekly trend is extremely bullish and this bearish move that we witnessed is only a...
Not quite the time yet for gold to shine. The past couple of months are proving that gold will not follow equities and cryptos, but rather follow the dollar (weird) This is the main argument for the milkshake theory though, it will be interesting to see how it plays out. Share thoughts in the comments. Like and follow for more content!
Welcome back Traders, Investors, and Community! If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Strategy : RETEST ON BEARISH CHANNEL + FIBO RETRACEMENT Good trading at everyone!
Gold and Silver are the long game. Have been quite slow during an equity rally and a crypto rally and seems like its still going to be a while, Central banks are buying gold on the other side and industrial uses of silver are rising.
A cup and handle on silver . If you look at the handle, we can still go lower or we can rise up. If you dont like to take the risk, then you can buy it now. If you do, you can wait for a lower price. So the fact is that we can keep accumulating 1 or 2 more years. If you are longterm, there is no Problem. If you shortterm trading, it is difficult because we are...