Hello,Traders!
SILVER was trading below
The falling resistance
But now we are seeing
A bullish breakout so
I am now locally bullish
Bias and I think that we
Will see a further move up
Buy!
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Hello,Traders!
SILVER went up to retest
The falling resistance
And we are seeing a
Bearish reaction so
I think that we will see
A further move down
Sell!
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Hello,Traders!
SILVER is trading in a
Downtrend and the price
Broke the key horizontal
Level of 22.635 which is
Now a resistance and
Silver is now about to
Retest it so I am locally
Bearish biased and I think
That we will see a
Local move down
Sell!
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✅SILVER is trading along
The massive long-term
Rising support line
And the price will soon
Retest it so I think
That we will see a
Local bullish rebound
LONG🚀
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Hello,Traders!
SILVER is already making
A bullish rebound from
The horizontal support
Of 22.5$ so I am locally
Bullish biased and I think
That we will see a local
Move upwards
Buy!
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Check out other forecasts below too!
✅SILVER is going down now
After the price broke the
Rising support line so
I am bearish biased and
I think that we will see
A further move down
SHORT🔥
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✅SILVER retested the
Horizontal resistance of 24.00$
From where we are seeing
A bearish reaction and
I think that the price will
Go further down
SHORT🔥
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SILVER
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long SILVER
Entry Point - 22.95
Stop Loss - 22.59
Take Profit - 23.79
Our Risk - 1%
Start protection of your profits from lower levels
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Pair : XAGUSD ( Silver / U.S Dollar )
Description :
Breakout and Retracement for the Daily Descending Trend Line and Break of Structure. Completed Impulse and Correction and Rejection from Fibonacci Level - 61.80%. Completed " 1234 " Impulsive Waves , Will make its 5th Wave at Daily Demand Zone
✅SILVER broke out of the
Rising wedge so we are
Locally bearish biased and
I think that we will see
A further move down
SHORT🔥
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✅SILVER is going up now
And the price broke the
Key horizontal level of 24$
And I think that we will
See a further move up
LONG🚀
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Our last few analysis on Silver have played our perfectly.
We identified we were in a 335 flat correction and we caught the wave B move higher. We're expecting 5 subwaves for wave C and we've seen subwave 1 and 2. Looking for subwave 3 now.
Trade Idea:
- Watch for the next wave lower
- Anticipating price to stay below the highs = stops go above the highs
- No...
Silver prices (XAG/USD) are experiencing a significant decline, approaching the $22.00 mark, driven by signals from Federal Reserve (Fed) Chair Jerome Powell and colleagues indicating a willingness to implement additional interest rate hikes in pursuit of a more restrictive monetary policy stance.
Jerome Powell's recent statements, affirming the Fed's readiness...
The area between 22.20$ - 23.30$ is a great area for mid term buyers.
Silver now is half price of its high peak (48$), so I will personally invest on it for long term.
I recommend buy silver in these prices step by step and hold it for at least 3 mounths.
Hello,Traders!
SILVER went down sharply
And it is now locally oversold
So after it retests the rising
Support below I think that
We will see a local bullish rebound
Buy!
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Check out other forecasts below too!
Similar to gold, silver witnessed a robust surge last week. On the 1-hour chart since early October 2023, a strong uptrend is evident. With completed Wave 1 and Wave 2, we're currently shaping Wave 3. Before concluding, sub-waves 3, 4, and 5 need completion.
Anticipating a short correction next week, I estimate silver might dip to the 23.6% or at most 38.2%...
Dear Traders,
Hope you had a great weekend, now as we look into XAGUSD, last three daily candle closed completely bullish which indicates a further bullish price continuous. We also need to consider one important fact here that XAU AND XAG both metals are positively correlated. It is advisable to wait until price come to our area and then we can take entry with...
