On Monday, silver experienced a sharp downturn, revisiting the $22.00 mark, reflecting a more than 2.5% decrease from its previous close. Market participants swiftly adjusted their expectations of early rate cuts by the Federal Reserve (Fed), leading to a substantial sell-off in the white metal. Technical Analysis: From a technical standpoint, the current...
Preferred direction: Neutral Comment: According to the settings that we outlined at the beginning of the week, we continue to hold the euro long, but note that most of the profit has already been recorded, and the trade has been moved to breakeven. This also applies to other majors that we considered as part of the medium-term weakening of the US dollar...
Dear Silver Robbers, This is Scalping Trade master plan to Heist Bearish side of Silver. My dear Robbers U can enter to sell, Our target is Green Zone that is High risk Dangerous area Pullback will happen at the Trap area kindly Escape. My dear Robbers Be safe and be careful and Be rich. Loot and escape near the target π―
Preferred direction: SELL Comment: The trading idea for gold , which was given at the beginning of the week, is still relevant in the middle of the week, when the market is looking forward to the publication of US inflation data . For gold , we are considering a medium-term outlook, which is highly likely to work out in favor of the seller. The most likely ...
Preferred direction: BUY Comment: Metals continue to be in the top news amid a new all-time high for gold . This metal remains a strong buy-priority at the beginning of this week, and a new high is expected before the long-awaited correction. It should be noted that in the longer term, one can continue to accumulate a short position, following all the...
Preferred direction: SELL Comment: We continue to consider metals as part of medium-term sales, but there is no good reason to enter yet. Of course, one can gain a position with a small volume using a "step by step" system. In the short term, silver and gold are likely to strengthen again. Thus, silver will update the local maximum, and gold will update...
Preferred direction: BUY Comment: Visually, the technical situations for the euro and pound look as similar as possible to each other. Here, too, the buy-priority remains, and the nearest target for this week is located at the level of 1.27000 . The growth potential is even higher, but setting a target above the level of 1.28000 would be a rather...
Natural Gas Price Analysis Forecast | Oil, US Dollar, Silver, Gold 00:00 Natural Gas futures stock NatGas Support & Resistance Guide 06:29 AMEX:UNG Stock Forecast 07:57 Oil Price Forecast 11:28 DXY US dollar Stock Forecast 12:32 Gold XAUUSD Stock Forecast 13:07 Silver XAGUSD
Hello,Traders! SILVER broke the key Horizontal level of 27.00$ Which is now a support and Went further up confidently Which reinforces our bullish Bias and makes me expect A further move up and a Retest of the horizontal Resistance above at 30.00$ Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Target for the next several months is ~20 usd The sooner we hit it, the sooner we can start another bullish leg. Short Term Targets are bullish ~23 usd Anything can happen in this market, as JPM, Deutsche, USB, HSBC have all been fined for spoofing or manipulating the silver market in the past 3-4 years.
Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...
I did tell you all nearly 2 weeks ago I'm expecting Silver to carry on shooting up long term. Unlike Gold I'm not expecting any major correction soon, so now would still be a good chance to DCA & buy into Silver. Hold for the long termπ¦Ύ
β SILVER is trading in a Strong uptrend and the Metal is now above the Key level of 27.00$ which Is now a support so we Are bullish biased and We will be expecting A further move up LONGπ β Like and subscribe to never miss a new idea!β
As you can see, this train is about to leave. There's still time to get on board. Probably the easiest trade you'll ever make.
πΈHello traders, let's review 2days/candle gold price chart today. Strong gains recently after breakout of the ATH, currently trading near ATH at 2337 usd. Having said that, based on the price action structure, I expect an interim market-top at neat 2370/2390 usd and a subsequent correction/pullback. πΈPrice structure contained within bullish channel since 2020,...
Silver is moving REALLY SMOOTH & easy to understand in terms of market structure. We saw market create its first impulse move to the upside in October 2022 (similar to Gold), which was then followed by a downside correction from January this year. Silver didn't go below its last major low & last week created a bullish engulfing candle on the weekly TF, showing...
Let's start off the new week by updating you on our silver buy position, which was posted live for you all. Last week Silver moved an enormous 2,550 PIPS (10.30%) after a whole year of consolidating. This huge bullish move broke above the consolidation price action, indicating further upside is coming. Our buy position is now running 36% in profit!
The potential for a significant TVC:SILVER surge in the coming years is truly mind-boggling. Observing a massive accumulation pattern. Thoughts?