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...
Silver is in a nice uptrend on the 15min time frame. I expect brand new highs from here! We all know the situation that the us dollar is in. If I get a buy signal from this area on min 15 , im going to buy silver. Its heavily bearish on other time frames... So keep in mind that this trade is trending down on all other time frames except the weekly time frame...
View On Silver XAG/USD (30 May 2023) Silver is doing some bullish sign at this moment. I expect 23.9~24 region will be the next resistant. So, it is not advisble to sell silver "just yet" $24 shall be the great resistant. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk...
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.
Hello Traders, Using XAGUSD (Silver) as a case study, I will explain why you need to select the best possible pair to trade. The reason why this is so is because almost all the FX pairs are correlated one way or the other, hence you must always choose the one with the best narrative and the best setup. When I say narrative, I mean the reason why you expect a...
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...
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...
Bullish Divergence is there. DXY is looking weaker today. Take 1% risk only. Entry PRice:24.26566 STop Loss:23.84161 Take PRofit:24.68257
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.
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...
Main scenario Long positions will become relevant above the level of 24.48 with the targets at 27.00–28.80. Implementation period: 7 days and more. Alternative scenario Alternative scenario The breakdown and the consolidation of the price below the level of 24.48 will let the asset go down to the area of 22.77–21.36.
Hello Traders, On the Weekly Chart we have been slowly trending down in a Channel. 20 Day EMA (white line) has crossed up the 20 Weekly EMA (turquoise line). After break of Weekly Trendline to the upside I am expecting a Pullback to the Trendline or near the 20 Day EMA and then a bullish continuation to 28.000 price range. PS. Be gentle it´s my first idea....
Silver is gaining momentum, similar to the other precious metal, Gold. But their purposes are different: while Gold is used as protection against inflation from investors, silver has a lot more industrial uses, especially in the green energy sector. This makes the metal a lot more sought after. Both MACD and RSI are confirming the bullish trend, and if it...
- Nice round structure - Flag like - Appropriate R\R last push before cool down ?
A.F.D. This is our Technical Analysis on #XAGUSD 4h! Give attention to strong levels when price reach there!
Since Siver is getting closer to a very strong demand zone we might consider buy positions at that level! . What is your idea about XAGUSD?
We have XAGUSD H1 Analysis for Zone Marking. According to this analysis, we can see the price still running under 200MA & price also tests trendline with selling pressure is a sign of a Selling trend for more confirmation of we market demand & supply zone which is mentioned in the downside Demand zone3@ 21.356 to 21.426 supply zone1 @ 21.989 to...
We have XAGUSD H1 Analysis for Zone Marking. According to this analysis, we can see 200MA cross over the 50EMA is a sign of a Selling trend for more confirmation of we market demand & supply zone which is mentioned in the downside Demand zone1@ 21.226 to 21.161 Demand zone2@ 21.356 to 21.251 Demand zone3@ 21.526 to 21.426 supply zone1 @ 21.989 to...