OANDA:XAGUSD LOOKKKKK! break the symterical triangle at weekly,next years will be silver's year.
our first target got hit ... we need to wait a clean close below 26.264 if we want to keep going down .
Gold and silver were sharply lower overnight. While not as violent as last week’s drop, the sell-off has certainly taken the gloss off the positive sentiment which was slowly returning in the latter half of last week. There was some good news early on in that gold traded above $2,300 throughout the morning suggesting that many investors were holding their nerves....
In the silver chart, according to the recent Federal Reserve data, it can be bearish
Silver slide is approaching our first tp we lock profit n hold until target to maximize our profits all the best 👍
XAGUSD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
XAGUSD chart is printing down trend continuation with bearish flag pattern.
Silver looks to be making a clean Parabolic trend out of the 5 year consolidation pattern. A 6 month rise into previous ATH territory for some profit taking. And a 50% correction into Winter for a yearly high of around $47 with a close around $36 to set a nice yearly bullish candle forecast (drawn in orange) to start this multi year Silver Bull Trend into new...
Bullflag. Bull Div... 200 MA on 4 hr holding... i.e. 33day MA... ALL DIPS FOR YEARS TO COME ARE FOR BUYING!
Purple Box: Bearish (21.6 - 22.1p/o) Blue Box: Bullish 1.(25 - 25.6) 2.(28 - 28.7p/o) Bullish Scenario Silver's a very under priced metal, I'm thinking because countries are stock piling more gold they should also be doing the same with silver... Prise is finding or has found support above 22p/o and so a push upwards towards 25 is highly probable... ...
This morning we have a breakout confirmation of a Head and Shoulders top with minimum target of $23.5 and a stop loss not far away to the upside. The risk/reward is as good as it gets on this short trade.
Silver (XAG/USD) ) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 26.54 which is a pullback support that lies above the 61.8% Fibonacci retracement level. Stop loss is at 26.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at...
Take a look at our analysis for SILVER. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 27.366. Considering the today's price action, probabilities will be high to see a movement to 26.782. P.S We determine oversold/overbought condition with RSI...
Price has finished a wyckoff distribution and we are waiting for another leg south. Price is also forming a Head and Shoulder if you look at it. I am expecting price to pullback to 1.26 ish before we reach higher highs.
XAGUSD analysis for buy position. Observe the money management (Use 1% of your balance for each signal) and the stop loss. To notify the free signals, analysis, follow, boosts, comments, and write questions.
HODL the Silver Bullion! FODL the digital Foolion! It's happening! The great SILVER BULL has commenced!
My dear subscribers, This is my opinion on the SILVER next move: The instrument tests an important psychological level 27.231 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 27.907 My Stop Loss - 26.808 About Used Indicators: On...