SILVER: Long Trade Explained SILVER - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long SILVER Entry - 22.619 Sl - 22.308 Tp - 23.336 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals1
Finally Bulls Take Place on SilverI know it's very annoying to trade with silver in these days, but price is at the bottom right now. Silver is oversold and undervalued. Price in Falling Wedge Pattern and if the price exceeds 23.20 with volume, there will be a breakout. There is a Double Bottom Pattern on Chart which means bulls are powerful in 22.5 area. So there is only one way from here. I expect the price to stay inside this giant Triangle for at least 6 months. Trade accordingly. Formed Patterns : Triangle Pattern, Falling Wedge, Double Bottom Scenario 1 : Silver quickly rises to 25.364-25.560 levels and rebounds to the 22.7-23 levels. Scenario 2 : Silver consolidates next week and rises to 25.364-25.560 levels, then rebounds to the 22.7-23 levels. Price Target in Long Term : $44 Support Level : 22.51-22.97 Macroeconomic Situation : * Due to the American debt crisis and interest rates will soon fall; individual investors, companies and central banks continue to buy gold/silver. * The crisis in the Middle East will push the Gold/Silver even higher. * Due to many issue of US Dollar, I expect DXY will fall which is good for Gold/Silver. Longby TimiOnur0
SILVER FLY ?Observing the chart I've drawn, silver has touched the same daily support level four times. Upon analyzing the weekly chart, the overall trend appears to be upward. Additionally, on the H4 chart, a double bottom has formed. I believe there is a strong chance for silver to experience a significant upward movement next week. Please leave a comment below if you think otherwiseLongby zzzoain1
Bull Tears in SilverThe chart pattern in silver presents a rather bleak outlook. In contrast to its counterpart, gold, a distinct downtrend is evident. The fact that every attempt at recovery is promptly met with selling pressure does not bode well for the silver price. For these reasons, we are taking a short position in silver. The proposed trading idea offers a favorable risk-reward ratio of approximately 2.2:1.Shortby Ochlokrat1
SILVER Is Going Down! Sell! Take a look at our analysis for SILVER. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 24.591. Considering the today's price action, probabilities will be high to see a movement to 23.621. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 111
XAGUSDPair : XAGUSD ( Silver / U.S Dollar ) Description : Bearish Channel with the Breakout of the Upper Trend Line and Retracement. Completed " 1234 " Impulsive Waves at Fibonacci Level - 61.80%. We have Break of Structure and Retracement. It will Reject from Upper Trend Line or Demand Zoneby ForexDetective2
XAGUSD BearishSL SR TP are given to the chart.Market can go down.The trade result will be updated later.Follow me for more update.Shortby sudipsen96Updated 1
SILVER (XAGUSD): Bear Trap & Bullish Movement 🪙 We see a perfect example of a bear trap on Silver on a 4H time frame. The market violated and closed below a key support. Then, it suddenly bounced and broke a resistance line of a falling channel. We can anticipate a further growth now. Goals: 23.05 / 23.30 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader117
SILVER Will Grow! Buy! Hello,Traders! SILVER is already making A bullish rebound from The horizontal support Of 22.5$ so I am locally Bullish biased and I think That we will see a local Move upwards Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals116
Silver potentially forming a massive Ascending Triangle PatternOn the monthly chart for Silver which is a very long time frame suggests that an Ascending triangle pattern is forming for Silver. Plus we have a Cup and Handle forming, as well as a bull flag as suggested in my previous pattern recognitions. This suggests a bullish measured move to the upside to $600 an ounce. This pattern is on the monthly chart so I don't see this break out anytime soon but in the long term it might carry out. Call me crazy, but this is what it is. Longby cerveloist0
Nail Biting Time for Silver!A huge decision is approaching for silver. My gut is leaning towards a flush down by the banks to really send some negative shockwaves into the PM market. Nothing to do here until we see either a bounce off the arc (or diagonal trend line) or a flush below. Stay Tuned! by CSGold10
silver 11823Back to reaccumulation at 20? gold and esp silver are prob going to really make investors bat shit crazy with this crabbing. It wont last foreverby BrandonrG1
silver doller chart postdear all plz chk silver chart as per mension on chart keep buying in silver trade as chartss ays Longby deepakgupta202780
SILVER 4H : Support further decline SILVER New forecast The price of silver continued to decline, breaking the 23.00 level and closing the daily candle below it, confirming the resumption of the downward path in the immediate term, opening the way to head towards 22.60 and 22.23 as the next main target. Therefore the downward scenario will be remain valid and effective during coming period ,The moving average 50 constitutes negative pressure that supports the continuation of the proposed bearish wave, which will remain in place provided it remains below the 23.00 level. The expected trading range for today it will be between support 22.23 and resistance 23.50 . Additionally ,Today News will affect on the market . resistance line : 23.00 , 23.50 support line : 22.60 , 22.23 Attention : We don't have any group in telegram be careful about scammer. Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️Shortby ArazmajeedUpdated 101016
XAGUSD long opportunityThis looks like a reaction to another demand zone at the left side of the chart if you go to the 4Hr time frame. However, I still think with the RR opportunity that this provides, I would risk a bit to get a 10 x reward...Longby Trade_ologist0
XAGUSD ONE MORE TRADEI am expecting a long-ranging trade based on the current daily support level. If we look at the 1-hour chart, a double bottom pattern is visible, and its neckline has already been broken above. Now, a retest is happening. ENTRY 22.61 STOP LOSS 22.47 TARGETS 22.75 & 22.86Longby UKTRADERS210