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.
HELLO TRADERS,,, As i can see this chart is performing a harmonic pattern H & S and a clear view that this pair still in range for a very big incoming move Israeli and GAZA Tensions are escalating more & more Day by Day investors and traders are looking for safe-haven Gold already break 2000 level and looking for making a new all time higher high silver has also...
It is possible that the Silver RSI trend line may be retested, indicating a decrease in momentum from buyers. Consequently, there might be a continuous downtrend leading to a price point of $22. It is advisable to prepare for this ongoing downtrend. Sellers can still take advantage of the fresh bear trend on the hourly chart, providing opportunities for short...
It seems that silver has found triple bottom support on the RSI, while DXY is showing signs of a strong bear. This suggests that commodity prices may rise, which in turn could send silver to test $24.5 once again. However, if silver fails to clear this area, it could potentially lead to a permanent collapse of silver prices. But for now, this chart is bullish....
SILVER New forecast The silver price faced negative pressure yesterday to break the 23.73 level and settle below it. Therefore, breaking the 23.50 level will have a negative impact and push the price to decline towards 23.00 and 22.60 levels directly. Therefore the downward scenario will be remain valid and effective during coming period , supported by the...
HELLO TRADES !!! As i can see silver is now @ support zone and we are buying with a low risk and looking for a higher rewards ... Friends trade is on based of Fundamentally + Technical analysis kindly have look on our other analysis so you can understand why we are buying charts is crystal clear for uptrend its just an trade idea share ur views with us for silver...
Hi everyone! Silver has been making lower lows. Obviously we look for shorting opportunities. Notice confluent zone holding the price. IF price breaks 22.000 level then it's reasonable go short.
SILVER New forecast Silver price trades rebounded lower after achieving the expected target at 24.60, to test the resistance at the 24.00 level, waiting for the resumption of positive trading to reach the 24.35 level and extend to the 24.60 level again, and by breaking it, it will reach 24.95 level . Therefore, the bullish trend scenario will remain valid in...
SILVER New forecast The silver price tested the 23.73 level and maintained its stability above it, as the 50 moving average meets this support to add more strength to it, which supports the chances of resuming the expected upward trend in the intraday term, which targets the 24.35 level as the next main station and extend to 24.60 level . Therefore, we are...
Dear Traders, OANDA:XAGUSD a strong sell off is expected on silver this week. Firstly because recently price have been overbought and there is going to be ' a strong bearish impulse' due to adjusting he market equilibrium. Secondly, the NFP and other strong news that can affect the silver future price significantly. We will have to keep close eye on the...
SILVER New forecast The price of silver declined and achieved a strong break of the 23.50 level to reach the 23.00 level directly, and we notice that the price is pressuring this level to provide signs of a trend towards achieving further expected decline during the coming period, targeting the 22.60 and extend to 22.21 and 22.00 areas as the next main...
A monthly analysis of the silver chart is showing a major structure struggle. A lot of consolidation going on. However we have a higher timeframe head and shoulders pattern that has formed. The $25 $26 zone is the neck line here. We need a breakout on the weekly for the next exponential move up. Keeping in mind we have a multi year wedge patter within the same...
Hello everyone, Silver 6H NEW FORECAST Silver price made an attempt to break the 23.70 level, but it consolidated above it, which makes us likely to head to build a bullish wave that mainly targets visiting the 24.60 areas, supported by the positivity of the Stochastic indicator that appears on the four-hour time frame. Therefore, an upward bias will be...
SILVER New forecast The price perfectly fulfills my last idea and price reached to near to our second targets . The price of silver fell yesterday to reach the outskirts of the expected target at 23.73, which represents the strong support line, which shows the importance of this level in determining the fate of the next trend, as consolidation above it will...
SILVER New forecast The price of silver was able to stabilize below the 24.60 level, and we note that the price broke this level to settle below it, which opens the way for a further decline and heading towards achieving additional negative targets up to 24.35 and extending to 24.00 in the near term and stabilized under 24.00 will help the price to reach...
SILVER New forecast The price perfectly fulfills my last idea and price reached to our second targets . The price of silver exceeded our expected target at 25.50 and approached the third target at 26.00 and rebounded from it, returning to awareness around the first level, waiting for a positive momentum to continue to push the price directly and irreversibly...
SILVER New forecast The price perfectly fulfills my last idea and the price reached to our targets . The price of silver traded with strong positivity to succeed in achieving all of our suggested positive targets at 24.60, and we notice that the price penetrates this level and tries to hold above it, to support the chances of achieving more gains during the...
SILVER New forecast The silver price traded declined significantly and reached the level of 23.50, so we are forced to remain neutral until it shows the clearest trend during the coming trades. Therefore the 23.50 - 23.35 levels is important fore Silver during coming period hence failure to stabilized under 23.35 it will support the price to rise up again and...