Just another range trade 32/33->42/44 CnH on a monthly SL 26
Preferred direction: SELL Comment: All of our previous trading ideas against the US dollar are currently fixed at take profit, however, we continue to adhere to the short-term priority of selling the US currency. At the moment, the USDCAD currency pair is one of the most promising for a short trade, since there is the fact of a rollback and, accordingly, a...
Silver is yet to confirm it's breakout from the 6 year bullish wedge accumulation after breaking out in 2020. Since then we've seen consolidation in the range between 20 - 30. Short term target of 36 after confirmation using the fib extension, but this, as we all know has the potential to go miles above that. A classic double bottom to wrap it all up I'm sure...
✅SILVER will soon retest a key resistance level of 29.80$ So I think that the pair will make a pullback And go down to retest the demand level below at 25.25$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Good Day, Fellow traders and followers, IS SILVER ABOUT TO TO GO BONKERS?!?!?!? This chart is kind of busy, I don't normally make busy charts, but there is so much going on in this monthly chart. Lets dig in!! First off, lets start with the price action, it has clearly broken through resistance (blue line). Also, the price action is in a purple cup, that's...
The US #Dollar is trading in the middle of its range since Late 2022. It is also holding the recent uptrend well. TVC:VIX is a tad lower today. #Gold & #Silver still look good, Daily & Weekly. Loading up on AMEX:SLV when we stated the inverse head & shoulder was a good move. (took some off recently but still have large position) AMEX:CEF AMEX:GLD
WallStSilver Silver Bugs have had to bear many decades of no euphoric price action Like the saying goes every dog has it's day And in speculation a Bull market in one sector often means another sector get's neglected Things don't move in lock step It's just the nature of speculating/investing which we can't control but also offers us opportunity I believe...
The US dollar is showing a notable downturn after today's CPI figures were released at 3.4%, down from the previous 3.5%. This reinforces market sentiment that the Fed is unlikely to hike rates, especially after comments made by Powell yesterday. This scenario supports a risk-on environment, especially considering the bearish Elliott Wave structure in the US...
If you are trading Silver, you need to see this video. Be prepared for a sideways melt-up in Silver while the dual Flags play out. Gold will likely move more aggressively than Silver. But Silver will give you two or three opportunities to buy into the lows. Pay attention.
Silver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 28.68 which is a pullback resistance. Stop loss is at 29.15 which is a level that sits above a pullback resistance. Take profit is at 27.63 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. ...
Natural Gas stock Bulls NatGas Support & Resistance Guide AMEX:UNG Stock Forecast USO Oil Stock Forecast DXY US dollar Stock Forecast Gold XAUUSD Stock Forecast Silver XAGUSD
This has to be the biggest Cup & Handle Formation in Human History. Holy Smokes. Ok, let's dive into the Fundamentals: 1) Industrial Demand: Silver is essential in various high-growth industries such as electronics, solar energy, and medical devices. As technological advancements continue, the demand for silver is expected to increase significantly. 2)...
SILVER - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short SILVER Entry - 28.502 Sl - 29.030 Tp - 27.566 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Take a look at our analysis for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 28.362. Considering the today's price action, probabilities will be high to see a movement to 26.023. P.S Please, note that an oversold/overbought condition can last for...
Hello,Friends! SILVER pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Silver has broken out of a 4 year old resistance and it has a potential of about 100% ROI in the long term to touch it's all time high. RSI, Momentum and Trend intact and as the consolidation breakout is after 4 years, the price move would be significant, expecting a minimum 30-50% ROI. I would consider Silver Bees to invest.
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... ...
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