XAGUSD (Silver) TP1 hit 50 pips gain more upside possible hold for more gain ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this idea, then smash like button and follow us for regular...
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The previous Wedge in Wedge has delivered on the false breakdown, and followed through into Wave d of the correction, possibly but unlikely to be beginning wave 3. Silver stackers will sleep well in April, and terribly in May (If that wave E shakes out the last of the weaklings) Constructive criticism always welcomed!
Silver has recently made an attempt to settle above the major resistance area at $26.25 - $26.30 but failed to develop sufficient upside momentum. If silver manages to settle above this level, it will head towards the next resistance level which is located at $26.65. A successful test of the resistance at $26.65 will open the way to the test of the next...
1970's silver's monthly defined corrections. Strong base, then explosion with 2 pauses before burning out. Silver is currently tempting to finish it's first pause... #gotsilver
SILVER after the break of the descending channel, bounce over the weekly ascending trendline and created an impulse until the 26 level. The price is now testing the resistance area and according to Plancton's strategy if the price will break above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴...
If we break trough the top White line - it's off to the moon. If it fails again - 18.505 on the Weeky is not confirmed, so....
Probably higher for reasons we have touched before. Silver was close to 50$ in 1979... how can it possibly remain so cheap in 2021 after all this printing? I am buying, do what you believe with your money. If you wish to go short wait for the 27$ mark and give it a go -resistance/support- . the FXPROFESSOR
Seems the previous downside break was a false one; and as some say, "a false break to one side of a pattern usually triggers an extended move in the opposite direction". I'm taking a 'Long' for a TP target above 30.
SILVER price is under consolidation and is forming a bullish pennant pattern indicating the original price push will continue.
Noticed lots of commentary lately about silver $30 coming. No positions so far but something to monitor
Long consolidations will break your moral. And even if you survive, you'll be fast to take profits next time silver slightly pulls back. Only to miss the final melt-up sequence. Enjoy! #gotsilver #patience
Silver, price broke trend lines. It can rise up to ...
Silver gained strong upside momentum and managed to get above the 50 EMA at $25.65. The next resistance level is located at $25.85. In case silver manages to settle above this level, it will move towards the resistance at $26.25 - $26.30. A successful test of this level will open the way to the test of the resistance at $26.65. On the support side, a move below...