Silver is forming a potential diametric structure in the medium term and the second phase of this structure has begun. The potential route I expect the price to follow is indicated in the image (with dotted lines). The wave e of the diametric structure is estimated January 15, 2024. We can say that we will be in a bear market for the next 2 months. After that,...
HI Traders ! On Friday 20 Oct, The Silver Price Reached a Resistance Level (23.77640 - 23.55650). -The XAGUSD Failed To Create a New Higher High. -The Price Formed a Triple TOP Pattern. Currently, We have a Bearish Scenario: If The Market Breaks The Neckline and Closes Below That, We Will See a Huge Bearish Move 📉 ----------- TARGET: 21.10000🎯
As We Talked in The Previous Analysis: On Friday 20 Oct, The Silver Price Reached a Resistance Level (23.77640 - 23.55650). -The XAGUSD Failed To Create a New Higher High. -The Price Formed a Triple TOP Pattern. Currently, -The Neckline is Broken. So I Expect a Bearish Move ! i'm waiting for retest... ----------- TARGET: 21.10000🎯
Silver recent impulsive move from 20.740 to 23.700, 50% retracement 22.195, last closed price 22.258, Superb trendline support + recent breakout Retesting first time so acting as swing area. Educational purpose.
SILVER has done it first move to the downside now a correction as sub-wave B of wave 2 is expected before more bearish movement as sub-wave C of wave 2
For silver, it always has been about 28$... #silver #recession #inflation
Hello traders! In previous posts we explained how we believe silver to have completed cycle wave (2) at 17 and about to begin a multi year uptrend to new Highs. However, retailers are largely expecting the rise in silver, and the floor is crowded with too many buyers. Retail sentiment is from weeks 90% long. And the price action can show the way: with last...
COMEX......After US DATA.......👍 GOLD AND SILVER.....MARKET CRASHEDDDDD......👍 Market open gap down tomorrow....👍 Intraday and STBT trading strategy for Gold and Silver......👍 Again.......Sell......Sell......DEC Gold.....1970.00-1975.00 range SL 1990.00 Tgt1 1945.00 Tgt2 1935.00 Tgt3 1925.00.....wait TGT1.....in next few...
SILVER New forecast The price of silver rose yesterday and achieved immediate gains to test the 22.73 level, and we notice that the price bounced down from there in an attempt to resume the expected downward trend in the immediate term, waiting to test the 22.50 level initially, remembering that breaking this level will push the price directly to...
Silver has created higher-high and higher-low, with the ongoing pullback (PB), will the PB terminates at bullish order candle? N.B! - XAGUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #silver #xagusd
Have you seen a break of structure on Silver, an imbalance bullish candle then? It looks like here we have an example of a bear trap. I anticipate growth on Silver now to a falling trend line. ❤️Please, support my work with like, thank you!❤️
Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 22.387 which is a pullback support. Stop loss is at 22.000 which is a level that sits under an overlap support. Take profit is at 23.125 which is an overlap resistance. High Risk Investment Warning Trading Forex/CFDs on margin...
Preferred direction: SELL Comment: The medium-term trading idea of shorting silver is relevant, but most likely we will see a slight increase in the short term in order to remove excess sellers. After the price goes above the level of 22.66582, another close below it is expected with a further fall. Thank you for like and share your views!
#Silver versus #Spx. If precious metals bulls do not want more slippage, then they need to silver to make a stand now. This is a short term view.
SILVER New forecast The price of silver begins today's trading with negativity, trying to break the 22.73 level and settle below it. By breaking it, it will head towards a shift in the direction to the downside, and we expect the bearish tendency to continue to test the 22.50 and 22.23 areas mainly. Therefore, we expect to witness further decline in the...
Analyses of XAGUSD show that I can monitor the market for a short position if I see any of my setups in the item ( #XAGUSD ) I'll sell it, of course with respect to my plan (suitable risk(max 1 percent and min 0.1percent ) & Rivard )
Hi Traders! Silver continues to trade in the range zone as it cannot break above the 23.765 resistance area. Price Action 📊 The current price action looks bearish. Market highs and lows have started to become lower due to numerous price rejections around the 23.765 level. The market also recently broke and closed below the 20 EMA, and there are opportunities to...
Upon analyzing the chart, bearish sentiment is evident for the short term for the OANDA:XAGUSD Relative Strength Index (RSI) resides below its midline in negative territory, exhibiting a southward trajectory which aligns with a negative indication from the Moving Average Convergence Divergence (MACD), as shown by the presence of red bars, underscoring the...