Silver / U.S. Dollar

FX

XAGUSD

We'll have to wait and see what happens.

Silver is most likely in the B wave of the ABC Flat pattern. It looks like there's a bit of down side left to complete the B wave before it makes the up move. Selling at this point could be avoided coz there's not much reward given the risk and I think its prudent to let silver finish the down move first and then start looking for buying opportunities.

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XAGUSD has a sideways movement since early of May. This could be a sign for a going-to-breaking-through-the- red- line. A new 1st swing/wave is looking for 5% up whichi is quite possible . Or 14 to be test on 7th wave? Good luck! LESS IS MORE!

D1 I'm looking at an expanding flat in wave B looking to buy for the C up. H4 Were getting close to the 78.6fib with bullish divergence. Looks like were in a channel down with price getting close to the bottom of that channel. H1 I'll be looking for an impulse up and nice bull flag to buy, cation is needed as price can go lower and because were in a B wave it...

Pattern: Channel Down on 1D. Signal: Bearish as long as the Lower High sequence holds. Target: 14.400 and if the price bounces back to the resistance then aim at 14.250.

We see a really interesting double 3 driver harmonics...

BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!

$14.47 may be a apex back test but I am thinking about $13.95.

Price is making an effort to reverse its downtrend and now it's showing strength. So, take the chance to buy on dip

We are near end of bearish trend.

I think Silver might have bottomed and might be about to resume the weekly bullish trend. This could evolve into a way larger move. I'm long Gold and miners, not silver yet, but I think it's at a low risk spot to start accumulating positions over a few days. Best of luck, Ivan Labrie.

Optimistic about silver

XAGUSD is testing our first resistance at 14.98 (61.8% Fibonacci extension,23.6% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 14.36(horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement). Trading CFDs on margin carries high risk. Losses can exceed the initial...

Heading for Wave 4 around 15.00 range. Then BIG move lower. Share your thoughts and observation in comments session :) ------------------------------------- Risk warning! Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. Supplied information is not advice. -------------------------------------

Silver formed another smaller wedge inside of the big on one the left. So it is still moving inside the long term plan. Previous analysis a suggested another drop would happen, which it did. It bounced up and down a few times, but eventually took another drop. Was difficult to judge what it would do on that low time frame. That's why having a plan is important but...

Silver analysis

Looks like the Silver has come to an ENDING DIAGONAL pattern. Showing that this pair will be pushing upwards. The divergence shows that big movement will happen soon. Prepare guys. May success be with us.