Silver together with Gold dropped heavily today on good USA data (retail sales). For many, Bitcoin is the new safehaven, taking away some power and shine from the precious metals (Gold and Silver). As you can see on the chart there are similarities and Silver could rebound from here (just like Bitcoin did) in order to go for a second check of it's major...
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
this is the move that we might see on Silver, a move up, , i will be with the bulls on this one.
Silver is an asset we can discuss for days, i have not posted about it in awhile for a variety of reasons but that time again is now. After it's little Odyssey (correction) it seems ready for higher and more. FXPROFESSOR is back on Silver. One Love, tell me your thoughts
Silver and gold have the same co-relation with USD. Silver is mostly followed by gold from every fundamental aspect. Technically, Silver is still holding below the descending trend line, which means It is still in a downtrend. but marketing is trying to break descending trendline. Breaking and stable above 25.60 price zone will confirm the breaking downtrend....
Since the 22 low, Silver is putting in higher lows on our chart. Friday's close is a strong one with a big Bullish Engulfing on the daily time frame. At this moment XagUsd is facing confluence resistance and a break here would expose 26
Inflationary pressures remain elevated, as evident in last week’s PPI data out of the US. Supply chain disruptions and port delays will continue to keep costs high for producers, which will filter through to CPI data. The US Dollar came under pressure after dismal confidence data out of the US, which dropped to a decade low. Since silver and other commodities...
As we see that the price is in the resistance range, we are currently waiting for the break of one of the levels and then we decide to buy or sell.
this way for silver will occur in future. stop loss 21 tp 26
BUY SL : Breakout bar 24.760 TP : 26.500 HADI DERAKHSHAN IRANIBOURSE.COM
Seems to be time to long silver after 36 days correction in up trend. Good bullish piercing weekly candlestick, nice bullish flag and fake breakout in daily timeframe is signs of long XAGUSD.
After failing to break above 28 resistance, Silver has started to fall and is trading now exactly at 25.50 confluence resistance. A break here would put XagUsd on the run and would expose 28.
Trading Signal: There is a Trading Signal to Sell in Silver XAGUSD Traders can open their Sell Trades NOW ⬇️Sell now or Sell on 25.84 ⭕️SL @ 26.81 🔵TP1 @ 24.11 🔵TP2 @ 22.6 If you liked our ideas, please support us with your likes 👍 and comments.
Silver Price Analysis (XAG/USD) consolidates biggest daily loss in a month below $26.00 Following that, June’s low near $25.50, also the lowest since mid-April, will be the key as a downside break of which won’t hesitate to challenge the April 13 low near $24.65. Meanwhile, further recovery of silver prices depends upon the breakout of the 200-DMA level of...
here are my thoughts on silver long / mid term
Midterm forecast: While the price is above the support of 23.75, a resumption of an uptrend is expected. We make sure when the resistance at 28.75 breaks. If the support at 23.75 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The symmetrical triangle is taking shape, and as a continuation pattern suggests, we...
Midterm forecast: While the price is above the support of 23.75, a resumption of an uptrend is expected. We make sure when the resistance at 28.75 breaks. If the support at 23.75 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The symmetrical triangle is taking shape, as a continuation pattern suggests, we will...
NFP data tomorrow and a good result might drive the dollar even higher... a bad result will send Silver to the sky. Be prepared, this could be the ultimate time this year to BUY SILVER . One Love, the FXPROFESSOR