presented chart says it all i wanted to write... enjoy the ride ;)
Silver is trading sideways since 2021, a move that can be a corrective because of choppy and overlapping price action. Ideally, its a very big triangle in progress, with final wave E in play, which can be in late stages now, so ideally prices will stabilize in weeks ahead. We can already see that the price on 4h time frame is turning up from projected...
Preferred direction: SELL Comment: As part of the upcoming strengthening of the American currency , as well as the upcoming NFP , we expect a fall in the GBPUSD currency pair. At the moment, the process of eliminating sellers is being completed, and in the very near future, the market will begin to actively buy at market prices. Thus, this will provide an...
Preferred direction: BUY Comment: Previous long-trades in gold and silver have been completely fixed with profit, but short-trades are out of the question. At the moment, there is a strong limit buyer working for metals, and most likely the price is heading to a historical maximum at the level of 2140 . This week is rich in the publication of economic...
Preferred direction : BUY Comment: The British pound continues to be the most promising major currency pair to rise amid so much accumulated selling. Here, we continue to adhere to the previous plan, and events strictly develop according to scenario №2 . The growth target is the level of 1.28000 , or more precisely the area near it, since most likely, as...
Preferred direction: BUY Comment: We continue to consider the euro in favor of buyers, especially until the target at 1.09000 is crossed. Above this level, there is a target of 1.10000 , which the pair may approach quite easily, since there is an accumulated resource for this. This potential movement will develop within the framework of scenario №1. ...
Preferred direction: BUY Comment: As we wrote earlier in trading ideas for Gold with a perspective for this week, all long trades in metals were closed. However, this is not the end of the growth and most likely gold will go to the maximum at the level of 2140 , and silver to the resistance of 24.20 . Therefore, just like for gold , we are considering...
Preferred direction: SELL Comment: Medium-term shorts continue to be relevant for the USDCAD currency pair. As we said earlier, scenario №2 is more likely and even more effective. At the moment, there is a fact of accumulation of market longs, which provides a so-called resource for a fall. Here we note the presence of a limit buyer for CAD . Also, do not...
Preferred direction: BUY Comment: Metals continue to be ahead of everyone, and here all the parameters for entering a long remained exactly the same, that is, at the beginning of the week, the setup for long remained the same, and we are actively trading according to scenario №1. At the same time, we are gradually approaching our target at the level of ...
Preferred direction: BUY Comment: The middle of the week has come, and, as we said at the beginning of the week, a rather eventful economic calendar awaits us. The buy priority for EURUSD remains relevant, which was also indicated at the beginning of the week. The growth target is located at the level of 1.09000 , and there is also a possibility that the...
✅SILVER keeps growing In an uptrend and it is Locally overbought so after The price hits the resistance Of 24.6$ I will be expecting A local bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Silver has reached a very important resistance level on the 12-hour timeframe, and it is not expected to break through this resistance. If it fails to break the resistance, we can expect a downward movement with targets at $23.291 and $22.365. 📉
Hello,Traders! SILVER is surging up but A strong horizontal resistance of 24.6$ Is ahead and despite the fact That technicals dont work that Well on Gold, Silver and Bitcoin Lately, we will still be expecting A local bearish correction as Silver is clearly overbought Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
In this chart we have spotted ABCD pattern with the help of fib retracement as it break Point D we also engage a SELL STOP order as well.
My dear friends, Please, find my technical outlook for SILVER below: The instrument tests an important psychological level 23.742 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 23.311 Recommended Stop Loss - 23.928 About Used...
Hello,Traders! SILVER surged up rapidly And is now making a Local bearish correction But after a retest of the Horizontal support level Of 23.3$ I will be expecting A bullish move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
#Silver - H1 📣 Looking at the 1-hour timeframe, with the break of the downtrend around 22.81, there is an expectation for price growth towards the range of 23.20. ⛔ Stop Loss: 22.50 On the other hand, with the break of the 22.50 range, one can consider selling with a target of 22.00. ⛔ Stop Loss: 22.81
Gold breaking out while silver tries hard to break resistance. Once it breaks I think silver is bound for an aggressive move up. Silver has took the patience away from many, who are bound to sell on smaller time frames. In my view, they will be left out.