Could be time for a retrace Good luck traders
Hi guys, I will be buying silver against in case it breaks this structure. The current price action seems to indicate it will reach its previous highs, we are above KUMOS and daily pivot . I will monitor my stop loss in case it goes against me. Jesse *** Trade at your own risk ***
Risk-off or Risk-On TA - Trend continuation - Demand zone S&D Zone - ZD 4h@ 14.63-14.50 & 14.00-13.91 - SZ 4h @ 17.16-17.43 RR= +3:1
Monetarists will pump trillions of dollars in the system. This time it will be even larger QE4. The normalization phase of Fed reversed already in Sep 2019 with repo market collapse. Gold should adjust its value. We are in the middle of nowhere - market is above critical 1400 and below all time high of 1921. This is a simple trend based map. Watch the mid-channel...
Hi there. Price is forming a possible continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
XAU has been really bullish but looks a bit over extended Possible correction incoming The retest of the trendline is a good buy oportunity Target new highs
We have multiple conformations and wait for breaking the Rising wedge.
Silver is on a 4 week rebound following the 11.650 bottom made last month. On the 1W chart, this move has recovered 50% of the losses (trading just above the 0.5 Fibonacci) sustained since the decline from the 18.950 Top late in February. This is the reason that the 1W technical indicators are back to being neutral (RSI = 45.325, MACD = -0.562, ADX = 21.014,...
Silver putting in a solid move back to resistance - target is the 61.8 Fib zone - would watch what for the MA Squeeze for any pullback
It looks like Silver broke the downtrend, i entered at 13,89 and i entered a second time at 15. Maybe we can see 18 or 20 soon
not too familiar with the chart tools but silver makes quick moves to catch up to gold. It would be nice if retail price went down a bit, but $30 CAD is still relatively cheap.
XAG/USD (Update) In 4h Chart, Rising Wedge Almost Ready & Expecting Breakout in Few Hours. Major Support Levels : 14.6 & 13.8 Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!
Silver wants to go up, grinding slow the resistance. If we break up here, next target will be the 200 sma in 4H chart Once there we can continue going up with some small retracement, so better to take a position now
This chart looks quite similar to ETH but on a higher timeframe. Check out the linked ETH chart to see why. I don't believe the bottom is in but it could see a higher timeframe correction before continuation down.
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Read 'em & Weep. Yellow targets are key resistance pts. --- we should hit that final green TP right around end of q2 IMHO: so end of June/Start of July expect to see XAGUSD hovering around 20-25$ range. Very BULLISH on this commodity; as I am with XAU, though Rosland Capital analysts have projected a $38-45 ($43 ATH) return with 400%+ projected TA yet to be...