It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current SILVER chart which, if analyzed properly, clearly points in the upward direction. ❤️ Please, support our work with like & comment! ❤️
Our last few analysis on Silver have played our perfectly. We identified we were in a 335 flat correction and we caught the wave B move higher. We're expecting 5 subwaves for wave C and we've seen subwave 1 and 2. Looking for subwave 3 now. Trade Idea: - Watch for the next wave lower - Anticipating price to stay below the highs = stops go above the highs - No...
After the recent bullish spike, some traders expected #Gold to hit resistance and drop. We held our ground with buy positions, and it paid off. #XAUUSD is soaring within its ascending channel, turning every dip into a chance to buy. 📈
Last Friday, FX_IDC:XAUUSD broke out of the uptrend and retested it yesterday. Simultaneously, it retraced to Fibo level 38.2%. The bearish momentum is strong, which might push Gold to $1930.
#GOLD... it was just amazing guys, market very well break your area and smoothly going towards his target and now almost hits our targeted zone, so now stay sharp here guys because market just reached at his next important zone around 22.70 to 80 , its market next very important zone actually guys because if there is any kind of buying pressure or ride is still...
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
Silver prices (XAG/USD) are experiencing a significant decline, approaching the $22.00 mark, driven by signals from Federal Reserve (Fed) Chair Jerome Powell and colleagues indicating a willingness to implement additional interest rate hikes in pursuit of a more restrictive monetary policy stance. Jerome Powell's recent statements, affirming the Fed's readiness...
Silver has turned bearish on the 1D timeframe (RSI = 38.233, MACD = 0.035, ADX = 37.062) as it has been on a continuous decline since the December 4th top. The price is already under the 1D MA200 and the 1D MA50 and even touched the 0.382 Fibonacci level. The 0.236 - 0.382 Fibonacci range has been the most common Support since April but in order to rebound the...
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 07:33 AMEX:UNG Stock Forecast 10:41 USO Oil Stock Forecast 12:53 Gold XAUUSD Stock Forecast 15:33 DXY US dollar Stock Forecast 17:02 Silver XAGUSD
A monthly analysis of the silver chart is showing a major structure struggle. A lot of consolidation going on. However we have a higher timeframe head and shoulders pattern that has formed. The $25 $26 zone is the neck line here. We need a breakout on the weekly for the next exponential move up. Keeping in mind we have a multi year wedge patter within the same...
Dear Traders, At the beginning of the week and the first hour of trading of Monday, gold and silver price sky rocketed. The reason is many institutional traders took the price high to take their profit out as we approaches the year end. The second thing is the fear that FED will increase the interest rate that means dollar will collapse ultimately this fear led...
Silver broke and closed below a key daily structure support with a high momentum bearish candle. The broken structure turned into a strong resistance. Probabilities will be high that the market will drop much lower. Next support - 22.25 ❤️Please, support my work with like, thank you!❤️
#SILVER.. market hold his 2nd supporting area in yesterday and didnot closed below that leve, now keep close it because its your final area guys, what ever NFP numbers release, technically we have only this supporitng area for buying scnerio if market didnot hold it in today then downside will be very expensive as we discussed in my perveious idea update. keep...
After fake breakout above 25.00 level, Silver had a deep pullback and now its on support and has chance to goes high again. Trade safe. Have a good week.
The area between 22.20$ - 23.30$ is a great area for mid term buyers. Silver now is half price of its high peak (48$), so I will personally invest on it for long term. I recommend buy silver in these prices step by step and hold it for at least 3 mounths.
Hello,Traders! SILVER went down sharply And it is now locally oversold So after it retests the rising Support below I think that We will see a local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
#SILVER.. market didnot hold his first supporting zone that is mentioned on chart and now at 2nd area that is mentioned as well, So guys it should hold his this supporting area for any kind of buying scnetios or any kind of pressure for either side will create at this zone, Dont be lazy here because thos is ko he area that can change the overall scnetios of...