XAGUSD stabilizing prices above 23.63 will support raising to touch 23.81 and 24.12 and 24.37 if the price stable under 23.58 then the movement will be between 23.28 and 22.97 support line : 23.28 ,22.97 , 22.71 resistance line 23.81 ,24.12, 24.37 Tendency: bullish
Hello traders , looking at silver we can see that the price reached a support level and a bullish trendline. the price formed the classic reveral pattern : the inversed head and shoulder the price broke the neckline and it came down there currently testing it i expect a bullish move towards the next key area. trade safe!
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Head and Shoulder , Completed " Left Shoulder " and " Head " and making its Right Shoulder in Corrective Pattern " Consolidation Phase ". We have Impulse Correction Impulse and Strong Divergence
looking bullish trend in daily timeframe bec follow ascending channel
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
Hello traders so XAGUSD Formed a Classic bullish reversal pattern the double bottom so we might expect a bullish reaction. OUR BULLISH CLUES : -the price formed a double bottom on a key support level (M30-M15 TF) -RSI BULLISH DIVERGENCE the breakout and retest of the neckline will be our confirmation . leave a like and follow if you found this helpful i...
XAG SILVER has retested the trendline and looks about to explode upwards! Not financial advice.
This is worth a try here - LONG; Overall environment is a mixed bag, with a strong deflationary bias at the moment. Rates (and the $) is sitting smack in the middle of all possible ranges thus, anything can happen here - and most likely will. If this doesn't turn here (quickly!) then it's no good. (Gotta watch it closely, with narrow stops.)
Analysis: Upwards trend (bullish confluence factor) Break & retest of previous area of resistance for support (bullish confluence factor) 38.2% fib retracement level touch (bullish confluence factor) Upwards trendline close by (bullish confluence factor) 6K long position decrease for the USD (bullish confluence factor) Stay Safe - The JPI...
Analysis: Taking a look at the chart we can clearly see that price is in an upwards trend. We're forming higher highs and higher lows which helps confirm this as well as the upwards trendline that is present. Price today has pulled back to an area of interest to us as this level previously held as resistance. As we know resistance often becomes support when...
I wanted to draw your attention to some intriguing developments in the market that may significantly impact your investment strategies. Specifically, I would like to discuss the recent divergence between silver and gold prices and the weakening US dollar. By understanding these trends, you may be able to make more informed decisions and potentially enhance your...
H4 - Bullish trend pattern. Higher highs. Until the two strong support zones hold I expect the price to move higher further after pullbacks.
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...
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...
With a robust bullish momentum, I am anticipating XAGUSD to rally towards $25.33425 from its current price of $24.19700.
Hello Everyone! I want share my idea of XAGUSD. Couple week ago we saw Silver big and strong Bearish moving which was actually impacted by tested YTD HIGH at 26.00$, here traders took their profits after massive and long bullish trend. At the moment we have interesting picture, after big drop, price start again uptrend, on high timeframe for example 1D...