SILVER is on sub-wave 1 of wave 3 on major-wave5, a correction as sub-wave 2 is expected
Silver (XAGUSD) is currently positioned within a critical support and demand zone, ranging from 24.5 to 24.7. This zone represents a significant area where buyers are anticipated to be active, potentially leading to a reversal in price action. Considering the trading sentiments from the last week, which recorded 6 sell signals, 10 neutral signals, and 28 buy...
Hi traders.. in the Corrective structure we're in top of it now from short position we need more information
It's been a while since we've done an update on our Silver analysis as market has been in an accumulation phase. But nevertheless, we are still holding onto our Silver buy position & it is running in strong profits🦾 Currently giving us a 24% ROI (4,800 PIPS).
We're trading above the green Ichimoku cloud & the RSI has room for a move up. Keeping a close eye on this channel to see if there's a breakout upward. Especially with the dollar weakening and political tensions rising I can see Silver making a run up as a good store of wealth A key question is whether Silver will follow Gold or match it's overall return as Gold...
"I was there when it started." --my future self price above 7 year moving average and right hemisphere #Silver #Silversqueeze #Showtime OANDA:XAGUSD
4h bullish structure invalidated. Break and retest with a double top formation. Likely to fall?
I analysed it, There is Short opportunity for Silver at market price and Price should go down 23 Enter Price 24.700-24800 Target 23 SL 25.100 This is my analysis for XAGUSD
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Here is a short explanation of the "continued upward trajectory for a while longer" concept mentioned in the previous idea. This term suggests that the current trend of price movement could also maintain upward direction for a certain duration before reversing. Such occurrences in silver price movements are relatively infrequent and have only happened three times...
According to my view we are still going up we just gonna grap liquidity n continue to rise, make sure you wait for the right to get into position n use proper risking management✍️
Silver has been testing the pactience of investor community for a very long time. Known as a poor man's Gold this commidity mimicks the gold price but moves are sudden and strong. Gold has been in past 5 years moving within the range of triangle and getting into a squeeze period. looking for breskout upward and flow the Gold price move.
we had a market structure shift (Ch) that could tell us that silver might be bearish aswell as there are a lot of imbalances to still take after price moved very hard without pullbacks. I also see that we broke some 4H trendlines as an extra confluence. For now i will be waiting for a Break of structure to signal that silver wants to go down. this is just a...
It is evident that the indicators have indeed continued to travel in the overbought area as anticipated. Now, it is crucial to exercise caution since both the slow and fast trend indicators are coming down from the overbought regions. This situation presents two possibilities yet again. Firstly, there is a chance of the trend continuing upward for a while...
Silver had a very important resistance that it broke through with strength and now that range has turned into strong support. Silver faces another important resistance on its way, if it fails to surpass and break that resistance, we can expect a price drop to the support range of 23.417. However, in case of breaking the resistance, we may anticipate an upward...
Hello,Friends! It makes sense for us to go long on SILVER right now from the support line below with the target of 25.315 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for SILVER. Time Frame: 7h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 24.464. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 25.165 level. P.S Please, note...
Silver (XAGUSD): OANDA:XAGUSD In Silver, we believe we have formed the low with Wave 2 at $21.93. Since then, we've developed Waves (i) and (ii), and now likely Wave (iii) as well. It appears we've caught up with Wave (5) at the 50% extension level at $25.36. Should we now drop for Wave (iv), we expect it to be in the range between 38.2% and 61.8%, more...