XAGUSD is in the process of formatting a rising wedge pattern on the daily graph which might give a bullish momentum for the instrument in the next couple of days. The weakening of the dollar is also making investments in precious metals more desirable for the investors. RSI indicator is strongly confirming the outlook, being above the 50 neutral line, the...
XAGUSD will be long.. PLEASE use 8% of your account with proper risk management.. follow me for more ideas..
Hey guys. The Silver also move like Gold so we see in retrace the price at the determined in the chart.
Silver - Intraday - We look to Buy at 21.62 (stop at 21.37) Dips continue to attract buyers. Bespoke resistance is located at 22.69. Due to an Ending Wedge formation, we continue to treat extended gains with caution. The trend of higher lows is located at 21.53. Bespoke support is located at 21.62. Preferred trade is to buy on dips. Intraday signals are...
The hourly candlestick chart shows a bullish rally in silver against gold. Investors are advised to let price fall near previous higher low before buying better pricing and lot size.
With the identification of a reversal pattern above a strong demand zone in the 4H timeframe, I am of the opinion that we might be witnessing buying traction during the course of the new week's trading session. Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all...
#FOREX #XAGUSD Silver falsely broke through the corner (but made it possible to make good money on its breakdown) and returned to the zone of uncertainty. We are waiting again. Now the price is trading at the level of concentration of horizontal volumes - ROS. It is sandwiched between two important corners (red and red). Slight probabilities are in favor of a...
XAGUSD is uptrand, if there is confirmation of rejection in the demand area, we can re-buy following the trend and target swing highs
Hello Traders!!! We are clearly in a bullish bias on silver and we have seen a clear demand zone playing out currently of which we have been waiting for, for quite some time after taking profits from the previous high.
Achievable goals! Be careful with the conditions of gold and correlations in the market for entry points! OANDA:XAGUSD
⚙️In the forecast a month ago, a medium-term loy was determined. However, now the price has not sent to a rapid inertial growth towards the designated targets, but is stuck in a triangle of corners. ⚙️The price has been testing EMA-50 from below three times in the last 2 months, and so far cannot break through it. The factors described above force us to consider...
Silver - Intraday - We look to Buy a break of 19.67 (stop at 19.57) A bullish reverse Head and Shoulders is forming. Previous resistance located at 19.65. A break of bespoke resistance at 19.50, and the move higher is already underway. There is scope for mild selling at the open but losses should be limited. Our profit targets will be 19.94 and 20.20...
The price of the precious metal rose today, recovering from previous losses. But it still keeps raging, expecting the Fed interest rate decision. Technical indicators are suggesting entering into long position, MACD histogram is above 0 line and RSI is above the neutral 50 line, which might provide a speculative short term opportunity for traders to get advantage...
Hi traders, SILVER is setting up for a upside move watch a sharp move to the upside and look for long GOOD LUCK.
Silver (XAG/USD) - Long Wave pattern shows good long opportunity in coming days. Note:- Enter with proper money management. OANDA:XAGUSD FOREXCOM:XAGUSD SAXO:XAGUSD
TREND ANALYSIS - 1D There are two resistants that silver needs to escape. The first one has been jumped over, next TP should be around 20 - 21 USD. In case the candle is closed upper 19.5USD, second TP would be around 25 - 26 USD. CANDLE ANALYSIS - 1D 3 bullish candles => it should be a strong indicator that we may do a long position.
Silver is firm a nice zigzag pattern after three push down. On my view silver is bullish in long term and this one is good to long. Trade safe. Good luck.
With the economic turmoil people hedge with commodities and silver is due for a parabolic mega move aaaaaahyeeeeee