Not much has changed on Silver. We were above 10 years ago; there is no data on volumes for such a period. If we go higher, we can clarify the levels in Daily publications. During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the...
Hello,Friends! SILVER uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 28.879 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the SILVER pair. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: BUY Comment: For metals , all our previous targets were hit with a plus, both for gold and silver . If we talk about gold , we are trading near the historical high, which is always a key moment for any instrument. Against this background, it is largely better to refrain from trades and monitor. Most likely, the metal will try to renew...
Here is our detailed technical review for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 31.547. Taking into consideration the structure & trend analysis, I believe that the market will reach 28.697 level soon. P.S Overbought describes a period of...
XAGUSD probably facing long term resistance at 48.88 +/- and dropping 61.54% +/- before taking off to the moon..
Silver (XAGUSD) has exhibited a robust bullish trend on the daily timeframe. We’re currently seeking a buy opportunity aligning with the trend continuation, assuming price action plays out as per the analysis presented in the video. The video covers essential aspects such as trend analysis, price action, market structure, and a potential trade idea. Remember to...
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AMEX:SLV ETF Inverse Head & Shoulders Pattern & 50% Fibonacci Resistance. Silver will need to consolidate before it can break higher to the blue line. The Inverse Head & Shoulders (IHS) pattern is a bullish reversal pattern in technical analysis, typically appearing at the end of a downtrend. It is characterized by three distinct lows: 1. **Left Shoulder:**...
OANDA:XAGUSD OANDA:XAUUSD TVC:DXY Finally 😎 Silver broke through $30. So what's next? Long-term: I would say there is nothing on its way to go for $50. BUT, what would support Silver to go for $50? where's the demand for silver? How would supply change in the coming years? .... I would say, let's not get ahead of ourselves and focus on what's...
Today's silver futures are experiencing some pressure, reflecting a challenging day for the precious metal. Yesterday, there were outflows in the portfolio on June 25 from strikes of 32.5/35. Outflows of funds from the portfolio are partial and did not lead to the liquidation of the portfolio, which indicates the management of the portfolio in a negative...
Hello all, I have a long trade possibility forming on XAGUSD. Basically, my draw on price is the Relative Equal Highs residing above. My POI for taking a trade is where the BISI 2D is. Since we have a SIBI 2D, we should see lower prices to this POI. If price does not reach my POI before trading higher, I would like to see a clean 2D close above the SIBI 2D....
AMEX:SLV Silver , gold is commodity play and never want to hold for long term however, opportunity to trade always an opportunity for PWI LAB portfolio looking to add based on my weekly setup What do you think?
Silver has been trading traditional fib longs and and extensions in this big bull runup. However, we are very overextended, trading well in excess of big support over the past two days. We are also at a potential top in terms of it trend channel. The risk of a decline in silver is significant, and unlike gold which gives you a clue on the fifteen minutes charts,...
#SILVER.. it was perfect move as per our expectations, and now market near to his weekly supporting area, that is 31.10 to 31.15 around, keep close that area because it will play key role for next move to any side. dont be lazy here guys, good luck trade wisely
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Silver went up rapidly on Friday, violating a massive psychological resistance cluster. With a high probability, the broken structure turned into support. The market has a nice potential to go higher after a pullback. Next resistance - 34.0 ❤️Please, support my work with like, thank you!❤️
Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 31.34 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 30.35 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at...
Preferred direction: BUY Comment: The British currency is also expected to boost amid the publication of US CPI data . This is the most likely scenario and is indicated on the chart as scenario №1 . Login is expected just before the data is published. One can especially consider buy-position through pending orders if the price immediately falls to 1.25396...