Silver fell to around $21 per ounce, the lowest in over six months, pressured by the interest rate jitters, surging bond yields, and a stronger dollar. In its latest meeting, the Fed signaled one more hike for 2023 and a slower monetary easing in 2024, which confirmed the interest rates would have to stay elevated longer, raising the opportunity cost of holding...
Hello Traders In This Chart silver HOURLY Forex Forecast By FOREX PLANET today silver analysis 👆 🟢This Chart includes_ (silver market update) 🟢What is The Next Opportunity on silver Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello Traders In This Chart silver HOURLY Forex Forecast By FOREX PLANET today silver analysis 👆 🟢This Chart includes_ (silver market update) 🟢What is The Next Opportunity on silver Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Silver Analysis #Prices have been showing a strong consolidation 📈 between 70500 and 69400 since August 8th, 2023⏳. With a potential rebound in mind, there's an #opportunity to #target a #near-term #goal of 71400 ⚡ while keeping risk in check at a reasonable level.
Silver stabilizing above 24.98 will support rising to touch 25.16 then 25.35 then 25.53 stabilizing under 24.98 will support falling to touch 24.65 and then 24.50 Pivot Price: 24.98 Resistance prices: 25.16 & 25.35 & 25.53 Support prices: 24.65 & 24.50 & 24.20 timeframe: 4H
I am thrilled to share some exciting news - silver has just hit a golden cross! For those unfamiliar with the term, a golden cross is a technical analysis term that occurs when the 50-day moving average exceeds the 200-day moving average. This bullish signal indicates a potential upward trend in the price of silver. This is fantastic news for all who have...
Silver formed a huge head and shoulders pattern, both on 12H/Daily time frames, The neckline is broken and the market closed below that. I believe that it may push the market lower. Next support 22.75 ❤️Please, support my work with like, thank you!❤️
Silver made a symmetrical triangle formation from 1988 to 2004 and broke this formation in 2004. Its peak and order block in 1983 worked as resistance in 2006 and as support in 2008 and 2020. I think the peak Silver did in 2011 was an order block too. The reason for this is that this order block was rejected in 2012. The symmetrical triangle formation it has...
After 4 weekly range candle and sharp bearish leg, now we have a strong HTF support that includes (Bearish TrendLine, FTC Flipped Zone and Bullish Channel MiddleLine). We still looking for more triggers, to ensure that pullback is done!
Hi there, For me , on daily chart this is looking very bearish, but i will not entry now with a short because we still need to wait for a break line ( red line ) and also, a Price action confirmation, afther that , if we close under the red line, i will short this . But i think will be a nice trade with a good profit .
Looks like a double-top on 4 hour SI chart. Price broke below 50EMA If price losses the upper trendline of the descending triangle expect price to push to bottom trendline of triangle at least. Will it tap the upper trendline all the way down until the break up?
The decline of silver after the previous wave of big gains has now formed a top-of-the-head and shoulder pattern, and the short-term shock high formed on the right shoulder is also decreasing. Yesterday, it surged again and fell back, so we will continue to bearish silver at high altitude in the evening. If the bears break down in the future, they will usher in a...
I'm seeing a bullish RSI divergence coupled with a descending triangle on the 4H silver chart. I see a similar setup 5 times in the past year and each time the price went up. Am I seeing this correctly?
This is the play, silver goes to 36. on 6/3 perhaps. My date is labeled on the chart. Have a gander because i said on a previous chart (link in description SILVER CHART MINDSET), there is only 3 ways to look at silver. and to my surprise, silver suprised me. Not at the top, we are almost there, before it recurses to the .5 or more.
Silver has now reached 25.5. Yesterday's news helped the bulls go up again, but there was also a sharp wash in the market. At present, the bulls are not under pressure at the 25.50 line, so continue to maintain the bullish thinking today. Silver operation recommends buying at 25.4, risk control at 25.21, TP1:26 TP2:26.20. Silver is bullish for several...
AB = CD Harmonic Pattern formation has been observed which indicates an increase in the Silver Price (USD). You can buy at 25.150 price point. Place a Stop Loss at 24.760. Take Profit 1 @ 1:1 risk/reward will be 25.509 and Take Profit 2 @ 1:2 risk/reward, will be 25.890.