SILVER New forecast The price of silver ended last Friday's trading with strong negativity, settling below the 23.00 level and confirming the shift to decline, on its way to testing the 22.21 level initially, and we are likely to break this level to achieve additional negative targets up to 22.00 level and then will rise up again . Therefore, a bearish bias...
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🎯
Silver dropped from the resistance, and it created a descending channel. Price action created a resistance and a 61.8% fibo level as confluence zone. If the market fails to break through the resistance level , we can sell from the confluence level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
#SILVER... market at his final supporting area .. keep close that area as we discussed in our pervious idea. that is 22.30 around.. if market hold it then only in that case you can expect a bounce from here otherwise not at all. if market clear that area in hour and half hour chart than you should not hold your buying position in said product. keep close and...
#SILVER.. well market very well hold upside resistance area and dropped. as we discussed about silver upside resistance , now we have one of the most important area of the week and today that is 22.29 keep close it because it will play key role in today and further move to any side. if market hold 22.29 then you can say it will again bounce back otherwise not.....
Silver: 44-Year Cup and Handle Formation Points to Bullish Continuation Silver, a timeless asset with a rich history, is capturing the attention of investors as it forms a 44-year cup and handle pattern, signaling potential bullish continuation. The current compression of the handle, coupled with a bullish pennant setup, suggests that a breakout could herald the...
Silver forming flag pattern need breakout above 23.300 so it can shoot upto 24 dollar mark
hello dear trader this price action of xau usd i am looking for another buy position after retest the support zone there are small QM in right shoulder look at stop loss and take profit and entry in this chart stop loss need for any position good luck
SILVER New forecast The price perfectly fulfills my last idea and price reached to our targets. The price of silver ended yesterday's trading with a noticeable positive note, confirming the breach of the 23.00 level, reinforcing expectations of the continuation of the upward trend during the coming sessions, and the way is open to achieving the next target at...
Fundamentals backing this trade idea: - Silver as a seasonsal tendency to rise in the month of February - Looking at the Commitment Of Traders Reports, large commercial hedgers are decreasing their overall net short positions Thought process: Smart Money Concepts begin with adopting the 'Market Efficiency Paradigm' which is the idea that the market is either...
Silver has emerged as a resilient and attractive option for investors seeking refuge from economic uncertainties. As we delve into the intricate analysis of AMEX:SLV stock, it becomes apparent that the interplay between Treasury yields, the U.S. Dollar, and market sentiment is crucial in understanding the trajectory of silver prices. Treasury Yields and Dollar...
Top-down analysis for Silver. Price action analysis. Important key levels. Directional bias. Thoughts. ❤️Please, support my work with like, thank you!❤️
Hi Traders! SILVER has broken its trendline resistance on the 1D chart. Here are the details: The market has found support around the 21.874 level, which is a previous swing low. Today's candle has opened above the trendline resistance and is currently on the 20 EMA. We are looking for a close above the trendline resistance and a momentum push above the 20...
Earlier, I took an early long position on Silver as we were getting a trendline and 4 hourly resistance breakout. Long from 22.79 or now. Target 1 - 23.30 - Set stop loss to break even once T1 has been hit. Target 2 - 24.05 Target 3 - 24.50 Extreme Target - 25.49 Stop loss - 21.80
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame with the Rejection from the Upper Trend Line. Completed " ABC " Corrective Waves and " 12 " Impulsive Waves. We have Break of Structure and Retracement
22.93 seems to be good resistance for silver. This range can be a good zone for next movement of the price. If the resistance is break with closing a day candle then can see positive movement for upcoming days. Vice versa can also be seen , as it is currently very high resistance zone . Also ABC pattern is also valid if resistance is break, then can have a big...
The 4 hourly Silver chart is showing initial signs of a potential inverse head and shoulders pattern. With confirmation of this pattern, I will be looking for a long position at 22.50. My target will be a long position towards the 23.50 resistance and supply zone.
Hi Traders! SILVER has broken below the neckline break in its head-and-shoulders pattern, and there is a possibility for a continuation to the downside if the market continues to stay below the neckline. Here are the details: After the initial momentum break below the neckline, the market is now retesting the neckline as resistance, and the 20 EMA has lined up...