Silver is in the midst of a bear market rally, up 8% in the last two weeks and 13% since the end-of-August lows. Although silver prices are still 23% below the peak reached in March, recent price movements suggest that silver is attempting to make a trend reversal at these levels. Slowing market pricing for Fed interest rates next year has prompted the rally...
It’s getting tight! Silver hasn’t all that much room left to finish wave 4 in green… We expect it to make it in time, though, and to go for the resistance at $20.87 afterwards. Once above this mark, silver should push off into the orange zone between $22.11 and $23.72 to complete wave 5 in green as well as wave iii in orange, before starting a countermovement....
SILVER 4h has been rejected from the weekly resistance creating a series of lower highs with multiple rejections. As the long-term trend is down, GOLD silver has broken out of the local structure and the highly likely price will continue to drop. On the retest of the previous support as resistance, as sell trade is high probable. Press the like button if you...
The price of the precious metal rose today, recovering from previous losses. But it still keeps raging, expecting the Fed interest rate decision. Technical indicators are suggesting entering into long position, MACD histogram is above 0 line and RSI is above the neutral 50 line, which might provide a speculative short term opportunity for traders to get advantage...
Silver's price went down from its recent resistance level and created a complex pullback. The market is gaining momentum Price action is likely to break the resistance level and go up. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Quite peppily, silver has vaulted upwards, only to stop short in front of its next destination. Now, it should keep the pot boiling and take up speed anew to make it into the upper green zone between $20.12 and $20.70, where it should finish wave 3 in green. After a short counter movement into the lower green zone between $19.56 and $18.93, silver should continue...
What a day for silver ! Spot silver went up more than 5% to $19.7 per troy ounce in one of the best sessions this year, hitting the highest levels since August 18. Silver's daily price action broke through both the 50-day moving average and the 2022 bearish trend line connecting the lower highs of April and August. Momentum indicators show the daily RSI...
Silver is clear in the bearish trend . Price action made a complex pullback. IF the market make a false break the resistance level then we can sell it from confluence level. A false break is a great signal and opportunity for a trend continuation trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
I’m bullish on silver. In 3-4 years we will see XagUsd above $100. Buy silver, silver stocks.
Target Achieved on Aug 5. Tast's an update for XAGUSD. Based on my analysis of the XAGUSD chart on Aug 4.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
I like to move it, move it, I like to move it, move it, I like to move it, move it, We like to move it ! You were bouncing along – admit it! Silver, at any rate, is shaking its booty to the beat, while continuing to move upwards. It should keep up the party mood and hop above the resistance at $20.84 to enter the upper turquoise zone between $20.94 and $22.42,...
Silver price went down and tested a major support zone . Price action is likely to consolidate at resistance level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Be careful because of the news and conditions related to China and Taiwan, which may affect the increase in gold and silver prices and can affect the prices of other markets as well. Be sure to have a loss limit or risk-free, Breakeven.
The price breaks the trend, and according to my analysis, the price will have a correction, then we will see a position to sell.
Silver has risen by 11% in the last two weeks. This performance comes after losing about 30% since March 8, indicating a so-called bear-market rally. The main macro driver behind the silver price recovery has been a sharp drop in US bond yields, with the 1 0-year yield falling to 3-month lows at 2.6%, its lowest level since April, as the market...
Silver seems to prefer things a bit more complicated, and thus has made a detour back above the mark at $21.25. However, as long as it stays below the resistance at $22.56, we still expect silver to directly continue the descent below $21.25 and into the lower orange zone between $18.78 and $16.88, where the overarching downward movement should end. There is a 38%...
Silver is clear in the bearish trend. Price action made a complex pullback and false break of the major resistance level. A false break is a great signal and opportunity for a trend continuation trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!