The channel for silver is still valid.
But SILVER might have some problem to pass through the blue line in one time.
It is possible for a pullback first before running north again with the uptrend channel , up to 26.
LESS IS MORE!
You dont need too think like retail trader the big boy in this market is not your friend they want your money
this is why you need to see what people dont see exemple: Where everybody put their Stop lost
this is where you need too take your position wait for the big candle stop hunt.
This is a manipulation GAME not a financial
Our second favorite metal, Silver, seems to have broken a very crucial support in the end of September along with Gold. The classic waterfall effect followed up as we all saw...
Since the beginning of October Silver is moving in an ascending channel but I would really like to consider this channel as a bear flag that indicates more move to the downside. I...
Today, it's my first time that I analyze one of my commoditie appreciate and it's Silver. Waoh, I'm make this analysis becuase I'm interesting in the future bought and accumulate Silver .
So, in H4 timeframe Silver is steady today!!! So, that put that this asssets it's goes to the $26.26 USD (that is my own target profit).
Now, we see that Silver is into this...
The break higher in Silver (XAGUSD) gaining more credibility - taking out the resistance/support apex.
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We Have an Analysis Of XAGUSD H4. This Analysis Based On Price Action Theory.
Pair is looking completely strong and heading to the north side full of bullish momentum. The swings are making successively higher highs and higher lows on the hourly and 4 hourly charts. Pair is trading above all the major and minor EMA lines which are favoring the bulls and heading...