✅SILVER is going up now
But a strong resistance level is ahead at 27.80$
Thus I am expecting a pullback
And a move down towards the target at 27.18$
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
SILVER
I bought the dip and re-entered silver at support with a limit entry as we looked at before...
It printed a bullish hammer / dragonfly doji with buy pressure coming in @ support.
It looks good here and both gold and silver are in lower time frame descending wedges.
The correction may extend but this could also just carry on up from here into a very wild...
Technical Analysis: Silver has failed to break above key resistance levels multiple times, indicating a lack of bullish momentum.
Market Sentiment: There's growing uncertainty surrounding global economic recovery, with concerns about inflation easing and a potential interest rate hike. This could dampen demand for silver as a safe-haven asset.
Dollar Strength:...
Silver may resume its uptrend after recent corrective decline from technical point of view and by Elliott wave theory.
We have been talking a lot about bullish metals in the past months and they may easily stay in the uptrend, especially now when bonds across the globe are recovering away from the supports.
We have seen some slow down on silver recently, but we...
Hello Traders
In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET
today XAGUSD analysis 👆
🟢This Chart includes_ (XAGUSD market update)
🟢What is The Next Opportunity on XAGUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Silver technical analysis:
Regular readers will know that I have been awaiting for gold prices to pop higher over the past week. Whilst there's no cigar, the bias remains bullish until bearish momentum returns to the daily timeframe. However, silver may have the more compelling setup.
Silver prices formed a strong rally in March through the first half of April,...
Hello Everyone,
The XAG/USD pair is currently showing signs of upward momentum, with a significant resistance level at 29.078. Our focus is now on observing whether the strong 1Y resistance point at 27.222 can potentially serve as a support level if retested in the future.
TradeWithTheTrend3344
Silver made a harmonic pattern ABCD. And as we know D is the reversal point and after reaching point D the silver start making higher highs and higher lows (Dow theory)
On 1h scale reverse Cup & Handle are forming. Double bottom 2 may only result in making the Handle besides there is no RSI Bullish Divergence seen, therefore, planning on taking trade (Entry: Sell Stop) once it breaks Resistance level this will ensure that if Double bottom does play and take the trend upwards then my trade should not trigger. On the other hand, if...
We continue the experiment with a wider range of zones. Let's see if we can guess the places to search for deals for the week ahead.
During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most...
This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful...
Hello everyone
I have 2 scenario for gold and I guess That silver will achieve the first place among other precious metals very soon and lead all attentions to itself.
For now it is struggling in a big range area from 2020 and so my bullish confirmation is whenever silver penetrate this purple channel and run away from this purple range zone to start its...
D1 - Higher highs
Bullish hidden divergence
No opposite signs
H4 - Bullish divergence
Downtrend line breakout
Until the strong support zone holds I expect the price to move higher further in the short term.
Trade ideas linking liquidity + P/D arrays.
Understanding liquidity is tricky as people said that liquidity is everywhere in the market e.g. lows, highs, fvg, trendlines, stoploss etc...
I found that in my trading with P/D arrays something was missing, why is it that some P/D arrays work and others fail.
The answer is liquidity.
The perfect scenario;
Price...
The nature of the precious metals market appears bearish with a sharp move into wave (3) down. Take heed from here until 2027.
XAG/USD is how silver is labeled for spot trading on the foreign exchange market. Silver (XAG) is traded against the US dollar (USD), so its price shows how much one ounce of silver is worth in USD.
