#silver is now on retest of broken trendline in rising channel. In this retest, if price declines, i expect more dump. NOT FINANCIAL ADVICE.
#gumus su an kirmis oldugu trend kanalina tekrar girmek icin retest yapıyor, bearish retest dedigimiz bu fiyat ataginda onumuzdeki hafta basi itibariyle sert deklinasyonlar gelirse bu #xag gumus fiyati trendinde bir sure...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Though silver is currently in a downtrend, price has failed to breach 20.6 for three consecutive days in a row, forming a potential triple bottom pattern. DXY is well overbought on the daily timeframe, and currently has reached a ceiling in a key resistance zone. Factor that in with tomorrow's high impact news, I feel we can see at least a short to medium term...
SILVER
New forecast
Silver price trades rebounded downwards after it faced strong resistance at the level of 22.23, to test the strong support, starting the day on a positive note and heading towards testing the aforementioned level, waiting for its breach to open the way towards heading towards 22.50 as the next main target .so the main condition to be...
Pair : XAGUSD ( Silver / U.S Dollar )
Description :
Falling Wedge in Long Time Frame and Rising Wedge in Short Time Frame and Rejection from the Lower Trend Line. It can Rejects from Demand Zone or Upper Trend Line at Fibonacci Level - 61.80%
Entry Precaution :
Wait until it Rejects from any Level with Strong Reversal Price Action
Greetings, dear friends. I hope you are having a productive week.
I want to share my market analysis ideas based on the Elliott Wave Principle with you.
I am a fan of this principle and follow all the rules and guidelines for analyzing the market.
However, please note that my ideas are based on my personal experience and may change over time.
If there is an error...
After price has been making a series of higher highs and higher lows, it finally managed to break structure to the downside. Now it has retraced to a supply zone which it could use to reverse and take out trendline liquidity formed at the bottom
Following that impulsive sell, we have an underside retest of key level. Unless we break above and hold the level, this is an idea I think plays out. Goodluck
I expect a liquidity raid, so maybe wait that out
Short Term Elliott Wave in Silver (XAGUSD) suggests cycle from 5.5.2023 high ended with wave ((2)) at 20.65. Internal subdivision of wave ((2)) unfolded in a double three Elliott Wave structure. Down from 5.5.2023 high, wave (W) ended at 22.1 and wave (X) ended at 25.26. Wave (Y) ended at 20.65 which completed wave ((2)) as the 45 minutes chart below shows. The...
Hello everyone, The silver price is showing noticeable positive trading to approach our expected target of 21.95, and we remind you that exceeding this level will lead the price to achieve additional positive targets of up to 22.29 in the near term.
The expected trading range for today is between support 21.60 and Resistance 22.29
Pivot Price:21.95
Resistance...
SILVER
New forecast
The price perfectly fulfills my last idea .
The narrow range continues to dominate silver price trading, awaiting a positive incentive that will help push the price higher again and achieve our expected target at 22.23.
Until now, we continue to favor the bullish trend in the intraday term but to confirm the bullish trend should stable...
Hello,Friends!
SILVER is making a bullish rebound on the 9H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 21.307 level.
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Hello,Traders!
SILVER will soon hit
A massive resistance level
Of 22.4$ and we are still
Bearish biased locally
And we will be execting
A pullback after the price
Retests the level
Sell!
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My dear subscribers,
This is my opinion on the SILVER next move:
The instrument tests an important psychological level 22.0870
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 - 21.8729
About Used Indicators:
On the subsequent day,...
Today, The Silver Price Reached a Strong Resistance Level (22.51100 - 22.11245) and 50% Fibonacci Retracement Level.
So We Have a Bearish Scenario:
If The market Breaks The Higher Low (21.72533 - 21.57400) and Closes Below That,
I will Sell on Retest...
TARGET: 20.10000🎯
___________
If you agree with this IDEA, please leave a LIKE, SUBSCRIBE, or COMMENT!
H4 - Bearish trend pattern.
Lower lows.
Currently it looks like a pullback is happening.
Bearish hidden divergence.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
