Our favorite shiny metal, silver, is gearing up for another potential bounce off the MA50, and I couldn't be more thrilled about the possibilities it presents. As avid silver traders, we have witnessed the power of technical analysis and the significance of key moving averages. The MA50 has proven to be a reliable indicator, acting as a strong support level for...
Waiting and see if price can reach the blue area but be careful this set up is only valid if it happens during London or New york session
I am thrilled to share some exciting news - silver has just hit a golden cross! For those unfamiliar with the term, a golden cross is a technical analysis term that occurs when the 50-day moving average exceeds the 200-day moving average. This bullish signal indicates a potential upward trend in the price of silver. This is fantastic news for all who have...
XAGUSD stabilizing prices above 22.5796 will support raising to touch 23.3012 and 23.6944 and 24.2063 if the price stable under 22.5796 then the movement will be between 22.2454 and 22.0573 support line : 22.2454, 22.0573 , 21.9656 resistance line :23.3012 ,23.6944, 24.2063 The expected general trend for today: is bearish timeframe:4H
Hello hustlers.. This is trend change trade . Use good trade management only thing important in Trading is how you manage your trade... FROM 1:4 & 1:8 RISK REWARD RATIO... Enjoy...
Hello Guys, Last week, this pair was strongly bearish as speculated (see my analysis below). The bearish leg ended up in a daily demand FVG and as we can see, it reacted strongly. Also marked on the chart are the multiple buy-side liquidity I expect the price to hunt. In addition to this, I had posted my analysis on the dollar index which I expect a short-term...
when the price rises more than the light blue line, there is a possibility of reversal and the price will reach the SR Flip area in the short term.
Daily bullish order block formed on 21st March. 22.40-15 strong demand zone for long, stop loss may place below 22.15. Target: 24.80. this setup will take time may few days even weeks.
Silver Woe to those who do not see the downward trend of silver. The trend of silver is downward, on the other hand, silver's older sister, gold, is not in a good position, and gold's younger sister, which is silver, should be led down with it. The trend of silver is currently in a bearish base, so we have the next bearish wave ahead of us. The trend of silver...
there wasn't much change/movement in silver last week, it's still in a correction period so there could be a sudden and quite high upward movement. I stay focused on opportunities to find areas to short.
Like its bigger brother, Gold, Silver also dropped hard these days. However, looking at price action this week we can see that the drop lacks much momentum and is drawing a falling wedge pattern on our short-term charts. This could be an indication of a reversal and the 24.50 resistance zone could be the bulls' target. A new low would negate this scenario
After 4 weekly range candle and sharp bearish leg, now we have a strong HTF support that includes (Bearish TrendLine, FTC Flipped Zone and Bullish Channel MiddleLine). We still looking for more triggers, to ensure that pullback is done!
Hello Traders, Hope you all are doing good!! I expect XAGUSD to go Down after finishing the correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market...
the movement of silver looks bearish, but in my opinion this bearish is a correction from the bullish trend, this analysis will fail if the price drops more than the invalid area. we can take the opportunity to sell when the price of a possible correction rises in the SR Flip area
Silver could potentially have this reaction of this strong level of support/resistance. Broader outlook remains bullish as long as the breakout zone of $24.65 - $24.45 is not violated.
Silver now trading in range of 25.5 -27.35, waiting for breakout trade place your buy and sell stop orders and set TP and SL accordingly.
Silver price resumed its positive trading to succeed achieving our first waited target at 26.07, facing solid resistance there, to show some expected slight bearish bias, waiting to get positive momentum at 25.87 support that assists to push the price to resume the positive trades and breach the mentioned level to open the way to head towards 26.80 as a next main...
Since the false break under 18, back in September 2022, Silver has entered a nice up trend and has risen around 40%. After the recent high of around 26, the price corrected, and after the confirmation of new support in old resistance bulls look ready to take control again. The next target could be the 27 zone. Buyers should keep in mind that before both strong...