The price of silver ended yesterday's trading with a noticeable positive note, breaching the 22.25 level and settling above it, providing signs of an attempt to return to the upward path, but we note that the technical indicators provide negative signals that may pressure the price to decline again. Therefore, the conflict between technical factors makes us...
We all know silver is undervalued. But soon it will have the price it should have. Personaly i think it would go over a 100 in the future. Its a nice investment for your retirement.
SILVER New forecast The price of silver rose in yesterday's trading with noticeable positivity, penetrating the 22.23 level and settling above it, and approaching the 22.50 level to provide negative signals as long as the price is trading below the mentioned level. Therefore the downtrend scenario will be remain valid as long as price trade under 22.50...
Silver (XAGUSD) cycle from 10.3.2023 low is in progress as an impulse. Up from 10.3.2023 low, wave (1) ended at 23.69 and pullback in wave (2) is proposed complete at 21.86. Down from wave (1), wave W ended at 22.52 and rally in wave X ended at 23.3. Internal subdivision of wave X unfolded as a zigzag structure. Up from wave W, wave ((a)) ended at 23.12, wave...
Silver has failed to close a 1D candle over the 1D MA50 for four straight sessions and as it previously did on the 1D MA200, this is a bearish signal. Its confirmation is the 1D MACD that formed a Bearish Cross and each time the market has done so since April, inside this long term Channel Down, a new Low was made. Even the 1D technical outlook just turned...
Checking the 22 level as support just as we have been testing the other 20 dollar levels as support. IF this level holds, it is a real area where we could see a 30 percent rally and that would not be uncommon
Simple support and resistance trade. The trade is now in drawdown
#SILVER.. after morning tokyo session drop market stay in range and still expected in range trade, if market continue his range trading then range will be 22.18 and 22.01 keep close these areas and cash the range untill market didnot break eitherside. eitherside will leads you towards 20 to 30 pips up or down. trade wisely good luck
Did you ever ask yourself: What if #silver fails to breakout versus #spx and it underperforms by -60% over the next 5 years? Don't get stuck in a narrative, wait for confirmed breakouts. The lion's share of a bull market will last many years. No need to front run anything.
SILVER New forecast The price perfectly fulfills my last idea and price reached to our targets . The price of silver declined and succeeded in achieving our second expected target at 22.23, and opened the day with a strong decline to break this level and confirm the continuation of the dominance of the downward trend, paving the way for heading towards our...
Let's take a look at silver pricing together. Silver has been consolidating for a long time in a range. Every time silver tried to go higher it was rejected. We are already at the end of the consolidation, where the bears are cutting every move up. I don't see any signs that the price is going to go higher again. it can be seen how the price was gradually...
In our last analysis of Silver, we identified we were in a 335 flat correction. We are in the middle section (3 = ABC). We are in wave B and looking to catch C. Trade Idea: - Watch for a break of the red trendline for confirmation - Risk entry on rejection of fib levels - Targets: 24, 25, 26. Note that we can make a complex ABC correction for wave B so do...
Prices dropped back down to the demand zone and a 50% retracement and had a liquidity clearout of all the hammers. Using VSA prices came back down to test the ultra high volume hammer and the result is low volume which means the supply has dried up and prices should reverse. Target is the VWAP and trendline after it triggers all the buy stops. If the week...
I bring to your attention my trading idea for silver. I believe that silver is on the verge of developing the third Elliot wave of the supercycle. The estimated target for the third wave is 85$ for 5 years, but I think it will be at the peak of 95-100$, after which a pullback for correction. I wish you good luck in making your own decisions!
📣 Hello everyone! Here is the global chart of XAG/USD and directly my long-term trading idea, time frame 1 month. Here is the story from 1802, but in fact this is not even a complete timeline. I believe we are “close” to completing the Elliott Global Five on the silver chart. The first primary impulse wave, in my opinion, ended in 1864, the second corrective...
From the start of the month may XAGUSD/Silver is in downward movement after forming a double top formation. Ever since this drop its forming clear descending channel. Within this bigger trend formation We can see some rising wedge formations which is indicating the upcoming bearish trend until this trend gonna breakout. The price is currently below 50% Fibonacci...
Silver opportunity for short. This setup trading idea is for intraday. Who follow last week short on Silver, already 100 pips. I target 150 pips, so can reentry at H4 as I marking. >> TAYOR I'm just giving an idea, it's up to you to follow.