Dear Silver Robbers,
This is Scalping Trade master plan to Heist Bearish side of Silver. My dear Robbers U can enter to sell, Our target is Green Zone that is High risk Dangerous area Pullback will happen at the Trap area kindly Escape. My dear Robbers Be safe and be careful and Be rich.
Loot and escape near the target 🎯
Silver (XAG) is a precious metal that has been followed for centuries. It is used in jewelry, silverware, electronics, and currency. Here are some reasons why XAGUSD (Silver against the U.S. Dollar) might be considered bullish:
1. Historical Demand: Silver has been traded for thousands of years and was once used for currency backing. Its historical demand...
The recent head and shoulders bottom neckline seems like pretty good support around $25.40! Rising wedge and broadening top formations look to be the setup to trigger a retest soon.
Hello,Friends!
We are now examining the SILVER pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 25.756 level.
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Preferred direction: SELL
Comment: We continue to consider metals as part of medium-term sales, but there is no good reason to enter yet. Of course, one can gain a position with a small volume using a "step by step" system. In the short term, silver and gold are likely to strengthen again. Thus, silver will update the local maximum, and gold will update...
Silver is following different fractals. Once it breaks out like 2000 or 2008 it enjoys a nice rally. Here I placed the 2008 Fractal which can give us a Target around 34-37$ but the Recession in USA has been pushed out to 2025 which can give a big haircut of 30% Drop to 22-18$.
Then Load up the truck. imho
<3
A correction is due. If it comes late, I'm not surprised. If it comes soon, I'm not surprised. If Silver climbs even HIGHER before it comes, I'm not surprised.
Doesn't matter.
What does matter is what price point is its new 'bottom' and what it does after it touches that point.
I'm watching.
DYOR. Trade Slick.
#Silver is now ABOVE its final "wall" and breakout line (previous support turned resistance).
A solid QUARTERLY close above 27$ would be of EPIC importance!
Hello,Traders!
SILVER broke the key
Horizontal level of 27.00$
Which is now a support and
Went further up confidently
Which reinforces our bullish
Bias and makes me expect
A further move up and a
Retest of the horizontal
Resistance above at 30.00$
Buy!
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Target for the next several months is ~20 usd
The sooner we hit it, the sooner we can start another bullish leg.
Short Term Targets are bullish ~23 usd
Anything can happen in this market, as JPM, Deutsche, USB, HSBC have all been fined for spoofing or manipulating the silver market in the past 3-4 years.
Dear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...
On the above monthly chart Silver has corrected over 35% since the year began. A number of reasons now exist to begin accumulation. Why?
1) A ‘incredible buy’ signal prints. See weekly chart below. Not since September 2018 has such a strong signal like this printed.
2) A strong Dragonfly DOJI candle printed with the close of July. This told us $18 was very...
I did tell you all nearly 2 weeks ago I'm expecting Silver to carry on shooting up long term. Unlike Gold I'm not expecting any major correction soon, so now would still be a good chance to DCA & buy into Silver. Hold for the long term🦾
While I am very much a bull on silver...please beware that this pattern is still very much possible if not even likely. Is some ways it looks better than the alternate immediately boolish counts that so many are sharing right now. I for one have trimmed some positions to book profits as I wait to see this run pull back...how deep is not yet clear.
✅SILVER is trading in a
Strong uptrend and the
Metal is now above the
Key level of 27.00$ which
Is now a support so we
Are bullish biased and
We will be expecting
A further move up
LONG🚀
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Multiple support levels below current price are pretty strong. A lot depends on where the next few weeks take us. I see March as a possible reversal time or a possible turn to the downside. The Fed's decisions throughout the year will have an impact on silver's behavior.
DYOR.
