Bulls keep pushing Silver for the last 3 weeks.
The market managed to break multiple key daily structures.
Last week, the price successfully violated 23.98 - 24.64 supply cluster.
The broken structure turned into a demand zone.
Because the market is currently quite overbought, I will expect the accumulation of buying volumes
within the underlined area and a...
Hello,Traders!
SILVER broke the key
Horizontal level of 24.2$
And the breakout is confirmed
So while we might see some
Pullback the bias is
Firmly bullish
Buy!
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✅SILVER will keep growing
Because it is in the uptrend
And recently broke the
Key level of 24.2$
So we will be expecting
Bullish continuation
LONG🚀
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It seems like Gold has finished a five-wave.
Also according to the latest prediction about Federal Reserve’s interest rate target , it is expected 65% that they increase the interest rate again to 5.25.
So be careful about your positions on gold or other dollar related symbols like XAG and indexes.
My dear friends ,
XAGUSD looks like it will make a good move, and here are the details:
The asset is approaching an important pivot point 24.95410
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 - 23.50207
Safe Stop Loss - 25.78360
About...
XAGUSD is in an uptrend. The price is near the 25.32 resistance zone, in the short term it is expected that the price will fall.
Wait to sell in the red zone, targets 24.67 and 24.23. >> GooD Luck😊
Multiple time frame analysis on Silver.
The impact of today's NFP explained.
Trading recommendations given.
❤️Please, support this video with like and comment!❤️
NFP time is on and remeber to trade with care:
Silver, aka as Cinderella Gold.
Can it outperform Gold?
www.tradingview.com
as Dollar takes loses?
DOLLAR - Key Support LOST Before the Rate decision!!
Can it come clkose to it's close to 50$ All time highs?
To be found out soon and all this depends on the Feds.
One Love,
THE FXPROFESSOR
Over the last few days, the price of silver (XAG/USD) has been fluctuating around $25.00. After reaching a one-year high on Wednesday, the value has retreated and remained relatively stable during Good Friday's inactive Asian session, hovering around $24.95. Despite this, the precious metal remains in a good position for a fourth consecutive weekly gain.
Market...
My dear friends ,
This is my opinion on the XAGUSD next move:
The asset is approaching an important pivot point 24.95245
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 23.82990
About Used Indicators:
For more efficient signals,...
Silver (XAGUSD) broke above the previous peak on 2.2.2023 high ($24.62). As a result, it now shows a bullish sequence from 9.1.2022 low favoring further upside. A 100% – 161.8% Fibonacci extension from 9.1.2022 low targets 26.91 – 31.23. Near term, cycle from 3.10.2023 low is in progress as a 5-waves nesting impulse Elliott Wave structure. Up from 3.10.2023 low,...
Silver prices shows positive trades now in attempt to move away from the bullish channel’s support line, reinforcing the expectations of continuing the bullish trend for today, which targets testing 25.30 as a next station.
Therefore, no change to the positive scenario that depends on the price stability above 24.90, as breaking it will force the price to turn to...
We already discussed the possibility of a count involving a lower low in silver (link in description).
After a long distribution in the white range, silver dropped overlapping the price territory of first leg up, therefore invalidating the possibility of an impulse to the upside.
Now we are again at resistance, and price may form a lower high.
In this case, silver...
View On Silver XAG/USD (30 Mar 2023)
Silver is in the strong BULL mode recently and it shall continue that way for now.
As long as $21.5 holds, every pullback is a support and it shall swing UP higher "eventually".
Be patient, and get it slowly.
We shall see $24.5 region soon.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press...
Hi,
The trend-resistance line is working hard in the first days of the week, indicating that we will return to the price of the 50/200 MA line cross
This is just an idea
Take care
