XAGUSD is an intriguing chart. It certainly has some catching up to do with gold, with some huge potential gains if this count plays out. First step would be completing a wave 3 in the 47.5-50 range (double top), correction towards 38-40, then a break up towards 70. If this count continues to play out, I think the move towards 50 will be relatively quick,...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Break of Structure RSI - Divergence Fibonacci Level - 78.60% Demand Zone
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Break of Structure RSI - Divergence Fibonacci Level - 78.60% Demand Zone
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " A " Corrective Waves RSI - Divergence Break of Structure Fibonacci Level - 78.60% Resistance Level
In my earlier analysis of OANDA:XAGUSD , I emphasized that bulls ought to monitor the price action closely, as Silver's correction might have concluded and previous resistance could now serve as support. As anticipated, following a double Pin Bar formation in that area, Silver's price began to ascend, currently trading at 27.60, around an interim resistance...
Silver is breaking out its long term consolidation and triggering a bullish reversed Head & Shoulder pattern with a target in the $42.50 area. Next resistances at the all time high near $50 then the line linking the top of the channel near $53. A break below $23.50 would invalidate this view. ________________ With gold and copper making all time highs, the...
✅SILVER will soon retest a key resistance level of 29.80$ 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!✅
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.
It is interesting to study the Production/Accumulation/Distribution/Industrial Demand as well. Silver seems to hit a breaching point where physical prices have a premium about +45% for buying it and +20% for selling pure silver bullion coins. Troy oz./oz. is about 1.10, which should reflect a recomended trading price of 25.4$ per troy oune. Anybody able to buy at...
TVC:DXY FXOPEN:XAGUSD In the silver weekly chart, both the inverted head and shoulders and the symmetrical triangle formations are visible, with targets outlined on the chart.
Silver fell back below my trendline, but is forming a bull flag here.
OANDA:XAGUSD LOOKKKKK! break the symterical triangle at weekly,next years will be silver's year.
But I do see almost half a decade or more of sideways between 50$ and 30$ afterwards as this will be a speculative run up again with multiple assets.
Preferred direction: BUY Comment: The previous long trade in silver was successfully closed at take profit, but we continue to actively adhere to short-term buy priority. Current prices are perfect for this and one can safely consider purchases with a goal of at least level 31 (scenario №1). In the event of a sharp change in market sentiment, one can...
Hello Everyone, XAG/USD has performed extremely well bullishly over the last week! At this point we still expect a continuation unless the price the price establishes itself below the 1D PP. TradeWithTheTrend3344
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...
Silver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 27.63 which is a pullback resistance. Stop loss is at 28.30 which is a level that sits above the 127.2% Fibonacci extension level and a pullback resistance. Take profit is at 26.83 which is an overlap support. High Risk...
On the 4-hour candles, an obvious falling wedge is emerging. Look for buy setups on the lower edge of the wedge and if the price can break the upper limits of the wedge, hold the position until the indicated target.