XAGUSD has reached a minor resistance on the daily chart, where we anticipate a pullback trade. The candle reaction hasn't been particularly strong on the daily chart so far. However, on the 1-hour chart, an interesting trading pattern has formed - a double top, and its neckline has broken to the downside. When there's a retest of this level, the trade will become...
We see a Long signal after XAGUSD established a launch pad Buy XAGUSD SL: 20.634 TP: 22.475
Hello,Traders! . . . . . XAGUSD is trading in a downtrend on the daily, however after the recent bullish impulse and bullish engulfing candle on the weekly, we believe a correction to 22.28 is in process and then, more potential upside is probable. Short! Trade safe and good luck! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Macro Monday 16 Silver Performance During and Immediately Post-Recession Over the past few weeks I have heard many financial analysts recommending holding Gold and Silver for protection against a recession scenario or at least holding some bullion as a diversifier or insurance against currency risk. Today’s Silver Chart and Golds Chart from last weeks Macro...
Waiting for a retest of 22.490 to long XAGUSD back to 4H swing high at 23.716 If you agree drop a like and if you have any questions leave a comment :)
the fall of silver is inevitable. very clean Elliott wave setup. please give me a billion likes to unlock the next amazing trade setup
SILVER over bought, will correct! SILVER already rolled over! Just like gold, crypto, stocks & real-estate! MUCH LOVE! SUB LIKE SHARE! COMMENT!
My dear followers, This is my opinion on the SILVER next move: The asset is approaching an important pivot point 22.7010 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 22.0726 About Used Indicators: For more efficient signals,...
We've been thinking for a long time about how to get a good short entry on silver. Sure, after Friday's rally, the market is extremely overbought, but that doesn't mean the price will fall soon. One could get in on the short side right now and target the $21.57 area, but the RRR would be unsatisfying. Therefore, we place a sell limit order near an open buyside...
YES, please enjoy this UBER bullish SILVER chart setup. Marked for DEAD on multiple occasions, silver is rising from the ashes once again. A convincing QUARTERLY close above 24-25$ will mark the end of a down trend that started 13 YEARS AGO. Adding evidence: If gold breaks out versus the Swiss franc... What do you think will happen to gold priced in the...
#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...
price has broken the triangle and will touch the white trend line short term trade opportunity
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