SILVER has trimmed it's price significantly to multi week lows. The overextended correction is a good opportunity for possible reversal prospect. KEY NOTES: Daily FIB is at 61.8 level -- buyer's key demand area. Currently bouncing off this level with precision. Histogram higher lows. Daily Higher lows -- firm ascending support lines. TRI-MONTHLY higher lows -...
Hello Traders In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET today XAGUSD analysis 👆 🟢This Chart includes_ (XAGUSD market update) 🟢What is The Next Opportunity on XAGUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
📊 Due to the decrease in the downward momentum of the price movement, if the range of 26.80 units is broken upwards and the price stabilizes above it, the price may increase to the range of 27.30 units🎯, and in the case of the strength of the range of 28.30 units🎯🎯. 📊 Otherwise, the price may fall to the range of 25.70 units.
On 1h scale reverse Cup & Handle are forming. Double bottom 2 may only result in making the Handle besides there is no RSI Bullish Divergence seen, therefore, planning on taking trade (Entry: Sell Stop) once it breaks Resistance level this will ensure that if Double bottom does play and take the trend upwards then my trade should not trigger. On the other hand, if...
Hello,Friends! We are going long on the SILVER with the target of 28.667 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
breakout above 30 will be the strongest breakout and biggest bullrun in history of silver
Wyckoff+ Butterfly. Wait confirmations to buy. Esperar confirmaciones. Quiebres de estructura. Day Trading
Silver has been moving in a falling wedge wait for a breakout and a retest before long
This is lines of confluence. With the recent inverse head and shoulders we broke out nicely above the top line of confluence. Pay attention now! We are currently back testing this line. If we hold and do NOT break back into this decending triangle then look for silver to slowly start moving up into the 30 dollar range.
SILVER I bought the dip and re-entered silver at support with a limit entry as we looked at before... It printed a bullish hammer / dragonfly doji with buy pressure coming in @ support. It looks good here and both gold and silver are in lower time frame descending wedges. The correction may extend but this could also just carry on up from here into a very wild...
Gold continues to keep traders on their toes as it fails to provide clear signals over future direction. It put in a solid rally from mid-February to mid-April, but has struggled to find a footing since then. In fact, what looked like an entirely reasonable period of consolidation has turned into something more sinister, at least as far as the bulls are concerned....
The market is currently in a correction pattern and is reacting to a possible level of structure. Let's see if this the move that we are expecting to move price up. Feel free to share your views
The nature of the precious metals market appears bearish with a sharp move into wave (3) down. Take heed from here until 2027. XAG/USD is how silver is labeled for spot trading on the foreign exchange market. Silver (XAG) is traded against the US dollar (USD), so its price shows how much one ounce of silver is worth in USD.
My dear friends, Please, find my technical outlook for SILVER below: The price is coiling around a solid key level - 26.465 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 27.488 Safe Stop Loss - 25.807 About Used Indicators: The...
The Price of Silver (XAG/USD) is Falling for the Second Consecutive Week Following a surge in the price of silver close to the important psychological level of $30 per ounce on April 12, bearish momentum is now evident - concluding the week may mark the second consecutive week of decline for XAG/USD. The decline in demand for silver could be linked to the...
On the 4-hour candles, an obvious falling wedge is emerging. Look for buy setups on the lower edge of the wedge and if the price can break the upper limits of the wedge, hold the position until the indicated target.
Traders investors and stackers. We are now near the buy zone for silver. Keep calm as we could head lower and get in at a better price, I would be surprised if we hit $24 before we head to $30+