ANALYSIS ON XAGUSD (Silverdusd) Welcome to my analysis - 30Min CHart - Interesting Point of interest In the XAGUSD pair. - Price below 100/200 day EMA. - Buy reversal. - Expecting more Upward momentum. - Watch 17.07500 - 17.43000 for take profit. - MACD showing bullish divergence Stay Tuned
Palladium saw a 93% rally from the August 2018 low to the March 2019 high and with every big move we can expect to see price become exhausted and form a pullback, reversal or consolidation. In this case, we saw a period of consolidation which appeared in the form of a cup & handle pattern. A cup & handle in an uptrend is a strong continuation pattern but only if...
Hi, Green area consists of: 1) Fibonacci Golden Ratio 62% 2) Fibonacci Extension 127% 3) Middle number 16.500 4) Daily & Weekly EMA200 are around the marked area. 5) 2X AB=CD! 6) Channel projection 7) Let the bullish price action around the green area guides you into the trade! 16.500 is the key level, wait for a smaller timeframe candlestick patterns after...
silver set up, lets see if plays out, hit that like button its free...
We are in the first part of the second leg down. Y=W around 15.60
I am watching silver on the 15-minute chart. Will it get rejected by the 200MA for the third time in the past six days? If so, expect a strong move downwards like the previous two times it's been rejected, pointing to a weaker silver price. Also, pay attention to MACD during the past two rejections, always quiet before the storm.
Hello Traders! Witaj! We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY...
Please, Note-It's been around 3 months since we published our macro research report, The research report is very crucial for you to analyze, It not only helps us forecasting Gold and silver prices but it also helps in providing the broader view of the U.S economic conditions and equity market. The next report could be lengthy in which we'll discuss the points in...
Silver is fundamentally strong with so much negative yielding government bonds and inflation poised to pick up in the next few years. My prediction is that silver will be minimum 100 dollars in the next decade and it can even reach up to 900 dollars per ounce. Make sure to invest at least part of your portfolio for this outcome. Now is a good time to get into the market.
We had seen the Silver market going up but a break the key support level at $17.3 has seen prices move lower and given the volatile nature of the market we have a neutral view as we await further developments. We still see significant upside potential for the market but at this stage we can see the market falling below support at $15.5 in particular as the FED has...
OANDA:XAUUSD is forming a falling wedge awaiting breakout. RSI is showing bullish divergence. Estimated targets is around 1492 Cheers!
Silver price also maybe falling now, but it's in corrective wave on the daily. However, longer timeframe is still trending up. Potentially, silver could re-test support at 16. If this level is violated, there is a cushion support at 15.5 to look for price rejection on silver. Generally, both silver and gold are often bullish between December - February.
Technical Analysis and Outlook The precious metals market - Gold could not expand above primary first Mean Res $1,514 while the other two-stars resistance levels Mean Res $1,533 and Key Res $1,550 are looming above. Once the Gold began reversing yesterday morning, it took out the first Men Sup at $1,487 as the heavy selling picked up. The critical...
This chart might tell you when market sentiment starts to change. Could it come back down again?