Hi there, Silver is preparing for the next move lower, we are just making a correction in smaller timeframes for the next target between 19 to 17 usd, watch price action at smaller timeframes and short at the breakdown of the bearish triangle formation. Dxy is also heading higher and preparing a breakout, which gives us confirmation of the down move on silver. Good luck
Silver is still bullish to break last couple of weeks resistance. if it crosses this trend line next resistance will be $23.5.
As I said in my previous Silver analysis, as long as the price stays above 22.20 support, bulls hold the upper hand. At this moment, on H1 chart and smaller time frames, we can see a small pennant forming which can lead to continuation. The confirmation comes with the price above 22.65-22.70 zone and the parget can be 23.50
Trading Signal: A Trading Signal is seen in the XAGUSD Silver Traders can open their Buy Trades NOW Rank : ⭐️⭐️ ⬆️Buy on neckline breakout or Buy on 22.15 ⭕️SL: Close below 21.95 🔵TP1 @ 23.05 🔵TP2 @ 24.20 🔵TP3 @ 25.55 If you liked our ideas, please support us with your likes 👍 and comments .
After breaking above the trend line resistance on Friday, and confirming the drop under 22 as a false break, Silver has riched a high around 22.7 Now XagUsd is in a normal correction and this can be a good opportunity for bulls to load long positions A good place for this is 22.30 support and a break back below 22 would invalidate this bullsih scenario 23.50 could...
OANDA:XAGUSD steht wohlmöglich vor dem nächsten Bullrun... Die 22Dollarmarkte sollte halten, die Korrektur könnte damit beendet sein. Während alle anderen Assets wie Öl, Platin, Kupfer oder Nahrungsmittel in den letzten Monaten explodiert sind, hinkt Silber ebenso wie sein großer Bruder Gold weit hinterher.... Die Korrektur von FXOPEN:XAGUSD und ...
Similar to Gold, Silver also has reversed strongly yesterday and at this moment is trading in confluence resistance as well. A break to the upside would confirm reversal on medium-term and also a false break of support Buy dips is my strategy and I will remain bullish as long as the recent low is not violated
hi traders and followers.. i wish u all the best in your trading so this is my trade plan for this week. For those who are unfamiliar with the trade plan and structure, please see my earlier post. as for silver.. Silver is trading sideways and showing rejection at $23.14 after last week's breakout to a new low on the daily chart. again same with gold.. any...
xagusd will continue the journey downtrend but the price will move up to the area before continue, please management the risk. good luck
After breaking under trend s line support of the flag, Silver dropped and confirmed 22.10 as strong support. Here we have a long-tailed Pin Bar on H4 chart and XagUsd can work its way higher next week I'm bullish as long as this support is intact
Yesterday I've argued that Silver can drop hard if it breaks the flag pattern. After the spike on FOMC XagUsd has dropped again, giving us a clear signal that the pressure is on the sell-side and at this moment is trading at 22.60, exactly above the horizontal short-term support and the ascending trend line of the flag. I maintain my bearish outlook and I'm...
In yesterday's comment, I said that Silver is weaker than Gold and bulls don't have power. As we can see from the H1 chart, the rise from the recent low is very anemic and is drawing a bearish flag. I expect a break down for silver and short term traders can target 21 zone for a more than 1:3 R:R
In terms of silver, the levels 22.52272 and 21.85045 are critical... a break below these levels might send silver even down. 21.00096 Because silver has two levels to break out of, I strongly advise waiting for the 22.52272 breakout and a pullback to the Lower High LH level before resuming shorts. or a rejection at level 22.19300 before attempting to oppose the...
Unlike Gold, Silver is weaker and the price couldn't correct the drop, instead consolidated in a tight range. At this moment the price is exactly in a strong support zone and considering the incapacity of correcting, I expect a break and a hard fall for XagUsd My target is 19 and only Silver back above 23 would negate this bearish scenario
SNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS. ENTRY PRICE BLACK COLOR TARGETS GREEN COLOR STOP LOSS RED COLOR DO NOT USE THIS...
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
SNIPER STRATEGY So I gave you silver daily time frame and I have to say there might be pullbacks but I assure you it will give you profi start believing This is something beyond
The fundamentals of silver are essentially identical to those of gold. The RSI in the 4 hour timeframe is overbought, but there is still more to go daily. a pullback to $24 could be a favourable time to buy silver.