The silver volume action is clearly beginning to tighten since last July and while I would not recommend doing strict TA on the OBV with EMAS its clear that eventually this triangle with have to break one way or the other. the OBV going sideways is a theoretical option but with the price action struggling against the 400W simple moving average and the divergences...
XagUsd should break one of these trend lines next week. And i believe it will blue one to break. Expecting downtrend.
What I see is quite clear, Price touched strong monthly Trend Resistance and rejected then we almost close to break strong Support trendline daily, as soon as we confirm breaking our Support trend, we wait for first pull back in one of the scenarios in higher highs we jump in a trade. For now 1. we wait to see if daily support trendline can be break or no 2. we...
Morning TradingView fam :-) Today I'm looking at Silver and planning my next move. It's moving in a strong upward direction, however I'm looking to take advantage of a short term pullback in the mean time. With the approach to strong resistance, I'll be watching for reversal signs before I enter a short. As we are travelling in a big channel, these will likely...
We can see big drop after complete Correction. ThankYou
Hi traders, I will be watching for shorts on Silver between $18.50 and $19.00. The reason for this is the institutional supply created on both the daily and monthly time frame. Best, Don Deesker
keep calm and trust the butterfly :)
If it is useful for you, support that with your likes/comments and if you have your market view, please share it in comments also, you can ask me questions... Have a great day everyone!
Hello ladies and gentlemen! The price of gold has reached its peak. Price will soon fall down to a key level. Two targets are shown on this chart. Good luck to you! If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Hey guys, We will probably see some downside after the rally to the upside. Trade at your own risk and reward ratio. Have a nice day. Ty
Interesting area to look at as this is an area of resistance. We are coming to this area with a lot of bullish momentum so will like to see how price reacts before taking any trades. Wait on the retest.
Dear traders, I am currently short XAGUSD, my reasoning for this position are the following confluences: - Quarterly, monthly and daily supply zone - .75 Fibonacci retracement - M50EMA acting as resistance - Daily high-test candlestick I will be targeting the trend line for a RR of 1:1.5. Best regards, Don Deesker
Waiting to see what happens with this a lovely short could be lining up
Hi subscribers! The price of Silver has risen very well this week, however, having reached a key level, the price will stop growing, in one day the price will drop to the target. Good luck to you. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Major Events about to happen, I decided to start by analysing silver which will confirm the expected drop on Gold we have been waiting for weeks now. The Monthly chart tells me we are in liquidation phase with all the crazyness happening arround the world, some think we are now recovering with many business opening and due to Gold / silver being a safe haven it...
On Silverwe hve two patterns completing in the exact same area. we have a bat pattern and a deep gartley. Wait for price to kiss the white and pink line and forma reversal pattern. i would expect pa to react very volatile when it approachs this area. active trade management is advised! #RiskFreeOrBust OANDA:XAGUSD