As We Talked in The Previous Analysis: The Price Formed a Descending Channel. The Resistance Line is Broken! Currently: The Price Pull Back to Important Structure. and it Will Continue its Bullish Movement. TARGET: 23.16000🎯
Hello,Friends! SILVER pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 8H timeframe the pair is going up. 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 22.468...
Short silver in the short/mid term, buy long term. With so many impulses on all timeframes my analysis led me to identify Wyckoff Phases across these time periods and in confluence with each other. For ease I will only be looking at the monthly and weekly timeframes. The Wyckoffian Logic would suggest an accumulation (eventual price increase) or distribution...
INTRODUCTION - This is 02/12/24, 15-min bar, ultra-detailed, 16-hour trend map for FXOPEN XAUUSD spot gold ticker. This chart is expected to be useful until first vertical dashed line or 16 hours. If price disagrees meaningfully, then this map expires IMMEDIATELY. If price agrees, then recasting is required after 16 hours. DETAILS - The previous #2 draft was...
⭕️By examining the trend in the one-hour time frame, silver has an important key resistance in the range of 65.20-65.07.❌ 🎯In general, this scenario is strengthened that the shortfall, provided that the mentioned resistance is maintained, will decrease to the support of the intermediate level in the range of 127.2% Fibo at $64.51, in the meantime, the support of...
INTRODUCTION - This is 02/09/24, 15-min bar, ultra-detailed, 16-hour trend map for FXOPEN XAUUSD spot gold ticker. This chart is expected to be useful until expiration at dotted line (16 hours). If price disagrees meaningfully, then this map expires IMMEDIDATELY. If price agrees, then recasting is required after 16 hours. DETAILS - Friday's afternoon's weak...
Outlook of XAGUSD on 1D chart. We are probably in sub-wave (Y) of waveⅱ. If the assumption of this scenario is correct, The lower degree of sub-wave (Y) might form Triangle pattern. I think the corrective wave will continue for a while. ◆ Another scenario, Jan 27, 2024.
INTRODUCTION - This is 02/08/24, 15-min bar, ultra-detailed, 16-hour trend map for spot gold price. This chart is expected to be useful until expiration at dotted line (16 hours). If price disagrees meaningfully then recasting is necessary after 8 hours. If price agrees, then reconfirmation is needed after every 16 hours. DETAILS - I've given up waiting for...
Please, check our technical outlook for SILVER. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 22.292. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 22.806 level. P.S We determine...
My dear subscribers, My technical analysis for SILVER is below: The price is coiling around a solid key level - 22.233 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 22.514 My Stop Loss - 22.032 About Used Indicators: By the very...
The recent price action on the SILVER pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
Preferred direction: BUY Comment: One of the most effective recoveries is also observed in silver . Here, too, silver outperforms gold , which does not recover in price as effectively. At the moment, we have scenario №1 active and the price has approached the level of 22.66582 . This is an obstacle that we expected in the near future. However, we continue...
NTRODUCTION - Bears have shifted intermediate curves meaningfully. But they are still dogs. This is the second 02/08/24, 15-min bar, ultra-detailed, daily binary, CONTINUOUS & EVOLVING FORECAST (changes as often as I can update) for direction and shape of price action in FX_IDC XAUUSD gold ticker. DETAILS - Medium term curves have shifted so much now that...
Posting an updated idea for Artemis Gold here with my most recent price targets of 5.50, 6.50 and 8.50 but i think it will go higher than that . The ascending triangle / accumulation pattern looks ready to break out, the fundamentals are solid as they secure permits for mine production most recently from the fisheries branch . ARTG has over 62 million ounces of...
INTRODUCTION - This is the 02/08/24, 18-min bar, ultra-detailed >> incomplete signal << in this CONTINUOUS & EVOLVING FORECAST (changes as often as I can update) for direction and shape of price action in FX_IDC XAUUSD gold ticker. This one IS SO HARD, you don't even know. DETAILS - So I finished #4B and went back to post #3 to post most recent notes bc #3 was...
Hello,Friends! The BB lower band is nearby so SILVER is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 23.280. ✅LIKE AND COMMENT MY IDEAS✅
INTRODUCTION - This is the 02/05/24, 15-min bar, ultra-detailed daily binary, CONTINUOUS & EVOLVING FORECAST (changes as often as I can update) for direction and shape of price action in FX_IDC XAUUSD gold ticker. We've reached tipping point, while bulls still favored 51/49, a move under 2015 would make orange route here the favorite. Taking orange route here...
INTRODUCTION - This is the second 02/06/24, 15-min bar, ultra-detailed daily binary, CONTINUOUS & EVOLVING FORECAST (changes as often as I can update) for direction and shape of price action in FX_IDC XAUUSD gold ticker. This is #4, updated with "reconciliation" for all trend charts. DETAILS - I think the cycles people are mistaken. In my humble opinion, most...