Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed Impulse and Corrective Wave " wxyx ". Symmetrical Triangle as an Corrective Pattern in Short Time Frame. Head and Shoulder Pattern in Long Time Frame, It will complete its Right Shoulder at Daily Demand Zone Entry Precautions : Wait until it Breaks UTL / LTL
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and it is Rejecting from the Upper Trend Line and S / R Level. If it Rejects from the Lower Trend Line then it will Reject from the Daily Descending Trend Line. Break of Structure / RSI - Divergence Entry Precaution : Wait for the Breakout and Retest...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Falling Wedge in Long Time Frame and Rising Wedge in Short Time Frame and Rejection from the Lower Trend Line. It can Rejects from Demand Zone or Upper Trend Line at Fibonacci Level - 61.80% Entry Precaution : Wait until it Rejects from any Level with Strong Reversal Price Action
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Impulse Correction ( ABC Corrective Waves / Consolidation Phase ) Impulse Completed. It is Following Consolidation Phase in Short Time Frame if it Breaks the Upper Trend Line then Buy and If it Breaks Lower Trend Line and Retest then Sell
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Consolidation Phase at the Previous Strong Support Zone , If it Breaks the Upper Trend Line then Buy and If Breaks Lower Trend Line then Sell it is Rejecting from the Fibonacci Level - 78.60% with Strong Divergence
Completed the Correction " ABC " in a RISING WEDGE Pattern with the Breakout of Lower Trend Line #LTL We have Strong Selling Divergence in Long Time Frame #LTF It can Follow Some Bullish Moves to Complete its Correction at Fibonacci Level ( 50.00 - 61.80 % )
#XAGUSD Silver - BULLISH Channel #LTF - Rejection from S / R or DEMAND Zone - FALLING Wedge and Breakout of UTL with Retracement - Buying Divergence - IMPULSE CORRECTION
Like its bigger brother, Silver is also strongly bullish and from my last suggestion to buy dips around 25 is up to 1k pips. Also, it has risen so much I think there is much more in cards for XagUsd and it can reach 28 easily in the medium term. So going forward traders should look to buy dips and an ideal place for this can be the 25-40-25-50 zone A drop under 25...
In my yesterday's commentary on Silver, I said that around 23 is the best place to sell. If we look at the h1 chart, we can see that since the 21.50 low and daily support, Silver has started its rebound. However, the rise is overlapping, not impulsive, and is drawing a rising wedge on our short-term charts. At this moment Silver is entering my sell zone between...
In my previous Silver analysis I said that XagUsd is more bearish than Gold, arguing that after the false break of the H&S pattern, the price would also break the trend line support and fall to 22.50 support. And, indeed, the price fall even more and found support at 22. Now we are in a normal rebound and 22.80-23 zone should act at resistance at this...
Yesterday I said that Silver is more bearish than Gold, and indeed, although it has risen, it could reach the last top As you all may have seen, we have a clear H&S pattern with the neck-line at 24.80, which is broken at this moment. Although this means upward momentum, the price is stalling above this neckline and looks more like distribution at this point and...
Like its bigger brother, Gold, Silver also has a good start this month, with the price rising around 2500 pips or around 10%. However, after breaking above the neckline of an H&S, the price stalled and lacked strong continuation. Instead found a strong ceiling at 25.50 and yesterday's rally above resistance for Gold wasn't matched with a rally above 25.50 for...
After the 22 recent low, Silver rose and reached almost 25 figure. Now the precious metal is correcting this move and is trading at 23.68 at the time of writing. A break under 23.40 zone would again expose 22 and, on the other hand, a break above 24 would signal a potential leg up
Update the previous analysis # Buy 1 = If the green trend passes, the targeting is to touch the blue trend # Buy 2 = If the blue trend is crossed, the targeting is 24,884, then 25,633 # Sell 1 = If the orange trend is broken, the targets are 23.258---22.724--22.340
on silver we saw a bullish move that i forcasted from 23.800 and now it may continue this move to 25.4 and with a correction to 24.8 we will see another bullish move to 26.5 target.good luck have risk management