the silver XAGUSD will have to make a correction to 21.20$ and maybe to the 21.40 area as well before the continuation of the downtrend to the 20.33 area. also, there is a great probability that the market can go down without making a correction! that's what I believe. what about you guys? what do you think? tell me your opinion. do you agree or not .?? good...
The silver market began the initial subwave of a new, major impulsive wave, marked as the third in a sequence. This cyclical pattern can be traced back to the year 1932, with the completion of wave one in 1968, the corrective wave two in 1971, the impulsive wave three in January 1980, the corrective wave four in 1991, and ultimately, a truncated fifth wave that...
I have to admit, the possibility is compelling. A 43-year pattern nearing completion and leading to a $600+ target. What do y'all think? Do you currently hold silver? Does this possibility make you more interested in holding some/more? p.s. Had to reproduce this chart because the other one was taken down by Tradingview since I posted my company info on the...
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
This is an opportunity for professionals. According to my analysis, the trend is still bearish. FOMC is an important news that has a big impact on the price of symbols. In my opinion, this time will cause more icons to fall. Follow me, like, comment, and any questions. Caution today has important news so observe the money management .
1 Structure analysis time frame DAILY 2 target time frame :DAILY 3 Current Move :IMPULSE 4 Entry Time Frame : H4 4.1 Entry TF Structure: BULLISH 4.2 entry move : CORRECTIVE 5 Suppot resistence base :H4 FAIR VALUE GAP 6 FIB: DISCIUNTED AREA FILLED 7 candle Pattern: PANIC BOTTOM 8 Chart Pattern: LOWER HIGH 9 Volume : AVERAGE 10 Momentum UNCONVENTIONAL Rsi:...
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...
Based on the weekly chart, I see the DOW / XAGUSD ratio as rising in the past year. I see this as meaning the DOW stocks have been valued by market participants as compared with the valuation of silver. Further, I see the relative strength of the ratio showing some bearish divergence of late. The DOW stocks are challenged by the current macroeconomics...
Silver(4h) has formed a double top after breaking the monthly doji. Today, after opening, the price has formed a bearish price action, with a gap opening. It is likely that the price is likely to drop to the monthly level of support. If you enjoy this content, press the like button :)
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Hey guys! I'm covering what could be the biggest potential precious metal for the coming year In the video you can expect to learn about the big picture chart pattern and shorter-term expectations with practical ideas to take advantage of it. Inflation is on the loose with probably the worst it's ever been in modern history and Silver is a natural hedge to...
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.
Gold and silver may be looking to make some big moves at the end of this week, as the heavyweight of inflation data is released. US inflation is released on Thursday, and investors will immediately be trying to determine what the results and the subsequent commentary from Fed officials could mean for gold and silver. As it stands, the market is expecting US...
Silver has had a very good start of the year, with the precious metal gaining more than 10% in only 3 weeks. From a technical perspective, the price has started to drop from an important confluence resistance given by the falling trend line and horizontal support and we can have a continuation to the downside in the next days/weeks. 23.50 is now support followed...
Just my idea, just my trading strategy I want to share. Not a financial advice. Do your own research.
As you can see in the chart Silver is making lower high on weekly time frame and after 3 weeks of down fall we can expect a bounce back from next week. 21.50 is very important support area, if closes below the level will attract heavy selling. Let it consolidate for 1 or 2 days then buy above recent high. We can head back to 23.50 Closing above 22.50 will...
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
A recent Federal Open Market Committee meeting showed that half of its members expected an interest rate hike by 2022. As a result, silver (XAG/USD) has been climbing recently, trading at $23.50 today with an almost 2% gain in one session alone. All these factors aid silver's climb to new heights due to their correlation with gold prices and demand for industrial...