My dear subscribers, This is my opinion on the SILVER next move: The instrument tests an important psychological level 28.573 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 27.228 My Stop Loss - 29.350 About Used Indicators: On...
As Silver trades around the $27.98 mark, investors find themselves at a crossroads, grappling with the implications of evolving market dynamics and economic indicators. While speculation surrounding potential interest rate cuts by the Federal Reserve (Fed) in June exerts downward pressure on the gray metal, a closer examination of seasonal trends offers valuable...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure and Retracement RSI - Divergence Consolidation Phase Completed " 1234 " Impulsive Waves
Here is our detailed technical review for SILVER. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 27.221. Taking into consideration the structure & trend analysis, I believe that the market will reach 25.581 level soon. P.S Overbought describes a period...
A potential of 66% was detected against a temporary loss of 9% from the current level. Taboo this does not happen immediately. Patiently accumulate positions in the direction of the long-term goal. I don't expect the price to operate below 24.91, but if that happens, i should wait from 53.73. Contrary to popular belief, stock markets are not falling markets. The...
that weekly resistance become weekly support for now stochastic will bottomed but that structure will hold and become rocket base for bullish long term trend
Just posting this update on the silver chart to exemplify how TA often does work with exact precision. As soon as the inverse head and shoulders on silver validated its breakout the price action climbed to the exact price target before its current correction. We can see how the wick on this particular chart even hit the top of the measured move line at exactly the...
Both still got sellside Liquidity - If it does actually go higher and not consolidate it's more than likely doing a 30-50% Low at most.
Switching to a more bearish H&S top with a rising wedge for the right shoulder. Perhaps one more rally to the top of the wedge trading range then off to break the neckline with a selling climax. Longer term, bullish outlook!
My dear followers, This is my opinion on the SILVER next move: The asset is approaching an important pivot point 27.222 Bias - Bullish Safe Stop Loss -26.487 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 28.310 About Used Indicators: For...
Daily: - H&S + Bearish W - Ascending channel is broken - Clear Switch of Momentum Weekly: - MS - LCC + FIB (completion -68 FC) + ZONE 2/4 indications on weekly, Bearish reversal confirmation on daily at the weekly highs + Overal structure 90% rule 4H: - Daily limit - Possible 3rd touch descending trendline
Hello,Friends! SILVER is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a great trend following opportunity for a long trade from the support line below towards the supply level of...
Daily/4h time frames analysis for Silver. Price action & key levels. Directional bias & thoughts. ❤️Please, support my work with like, thank you!❤️
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...
✅SILVER has formed a Bearish flag pattern while Trading in a local downtrend So after the bearish breakout We will be expecting a Bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
SILVER - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long SILVER Entry Point - 27.222 Stop Loss - 26.696 Take Profit - 28.137 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hello Everyone, XAG/USD is exhibiting bullish momentum at the moment, with the 1-day support holding firm and the price positioned above the 1-day resistance, indicating positive prospects. The next favorable development to watch for is the 27.416 1-day strong resistance transitioning into a supportive role. TradeWithTheTrend3344
Following a rapid rise to $30, silver has seen a swift decline, indicating a completion of the minor Wave (iii) of Wave ((iii)) just above the 461.8% level. We've exceeded this level, so we need to consider potential deviations from ideal models to navigate the market effectively. We anticipate the downturn to continue and expect to find support between the 38.2%...