Since hitting a record high of 126 in 2020, the gold/silver ratio has broken down and has remained contained beneath the monthly chart's Ichimoku cloud as it forms a symmetrical triangle. A similar formation appears immediately preceding the 2000 and 2008 recessions, when the ratio broke above the apex of the triangle and through the Ichimoku cloud as traders fled...
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...
Silver set a new higher high higher close, violating a key horizontal resistance on a daily. It is an important sign of strength of the buyers. The market will most likely keep growing. Next goal - 25.0 ❤️Please, support my work with like, thank you!❤️
Last 15 years this seasonal trade has a 93% success rate. Entry is on paper 12/22 however entering it a little early isn't the end of the world. Looking to exit before the 9th of Jan but leaving myself room incase i need to leave it open. "I'm never going to financially recover after that last trade." -Kewlkat
SILVER New forecast The price of silver rose yesterday, breaching the levels of 23.00, then 23.73, and settling above the last level, stopping the negative scenario that dominated recent trading and heading towards achieving additional expected gains in the immediate and short term, noting that the next target reaches 24.35 and extends to 24.60. Therefore, we...
After fake breakout above 25.00 level, Silver had a deep pullback and now its on support and has chance to goes high again. Trade safe. Have a good week.
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 - down and then up? As you can see, the price is in a correction mode now, but we are in an up-trend, and not just this, but also in ascending triangle + possible W reversal in up..so the support zone is a good area for long.
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 trying to break 12year old trendline. This is a long term chart. Based on history, big trend lines shifts the long term trend. With all the inflation going on people historicaly buy silver and gold to protect them self from inflation and preserve their puchasing power while their currencies fall. On of my favourite copper/silver stocks that is leveraged...
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📍 XAGUSD - Silver 🔰 LONG 🟢Buy Now or Buy at : 24.4760 ⛔️Stop Loss : 24.0800 🌀Take Profit 1 : 25.2261 🌀Take Profit 2 : 25.8818 🌀Take Profit 3 : 26.9273 ⛔️ Trading...
Silver is currently trading within a narrow horizontal range on a daily. 23.20 – 23.43 is the support of the range. 23.93 – 24.14 is the resistance of the range. Bullish breakout of the upper boundary of the range will give you a strong bullish signal. Daily candle close above will confirm the violation. A bullish continuation will be expected to 24.70...
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...
SILVER New forecast Silver price trading settled above the 23.00 level after the strong upward rally witnessed yesterday, enhancing the chances of the continuation of the upward trend during the coming sessions and heading to visit the 23.49 level and stability above it that will reach 23.77 and 24.00. therefore , the upward scenario will be remain valid and...
The price of silver ended yesterday's trading with a noticeable positive note, breaching the 22.25 level and settling above it, providing signs of an attempt to return to the upward path, but we note that the technical indicators provide negative signals that may pressure the price to decline again. Therefore, the conflict between technical factors makes us...