✅SILVER was trading below The falling resistance But now we are seeing a Strong bullish breakout So we will be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅SILVER is about to retest The falling resistance So after the retest I will be expecting A local move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Silver prices increased by 0.91% on Thursday, trading around $23.82 as the Asia-Pacific trading session commenced on Friday. The daily chart indicates a neutral to bullish trend, maintaining near weekly highs, setting the stage for a potential test of the $24.00 level. Once surpassed, the next resistance lies at the June 9th high of $24.52 before potentially...
Silver / XAGUSD got rejected on Friday at the top of the 6 month Channel Down. Today it is supported by the 1day MA200, which was the Resistance in late September-October. If crossed, we will have a sell confirmation. The typical decline inside the Channel Down has been within -12.12% and -13.21%. Also we spotted a fractal during July-October 2022, which is so...
Ladies and Gentlemen, after decades of price suppression, NASDAQ:XAG is finally ready to break out. As you can see, price has broken out of the cloud and has regained bullish emas. The only resistance left is the 77 Vwma. After we breakthrough that, based on fibs, I put the initial breakout target at $31.35. After that clears, $35 should be an area investors and...
After an initial upside breakout of the gold silver ratio, it seems like an around the apex move is imminent, which will result in a sharp drawdown.
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed Impulse and Corrective Wave " wxyx ". Symmetrical Triangle as an Corrective Pattern in Short Time Frame. Head and Shoulder Pattern in Long Time Frame, It will complete its Right Shoulder at Daily Demand Zone Entry Precautions : Wait until it Breaks UTL / LTL
- Bullish pattern in falling channel (inverted shoulder head) - W bounce in STF - A very long time accumulation - Gold' s power up may trigger silver, too. NOT FINANCIAL ADVICE.
Hello,Traders! SILVER broke the key Horizontal level of 22.47$ Then made a retest of the New support and is now Going up again so I am Bullish biased and I think That we will see a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Silver (XAGUSD) is one of our favorite assets to analyze on the 1W time-frame, as a result of its high reliability of following long-term patterns. You can see a few examples of such successful trades we made using this time-frame below: This time we have another major pattern forming on the 1W time-frame, an Inverse Head and Shoulders (IH&S), a...
Silver faces challenges due to a combination of factors, including higher real yields, a stronger U.S. Dollar Index, and the potential for panic selling during economic recessions. These elements cast a shadow over silver's performance, despite recent gains linked to the Middle East conflict. Additionally, rising mortgage rates and a weaker housing market could...
time to long silver in the mid $22 area. we are looking to enter between the gold pocket and 3day orderblock which also sandwiches a significant daily level and the poc for the previous up surge off of the news pump earlier this month.
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and it is Rejecting from the Upper Trend Line and S / R Level. If it Rejects from the Lower Trend Line then it will Reject from the Daily Descending Trend Line. Break of Structure / RSI - Divergence Entry Precaution : Wait for the Breakout and Retest...
Macro Monday 16 Silver Performance During and Immediately Post-Recession Over the past few weeks I have heard many financial analysts recommending holding Gold and Silver for protection against a recession scenario or at least holding some bullion as a diversifier or insurance against currency risk. Today’s Silver Chart and Golds Chart from last weeks Macro...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Falling Wedge in Long Time Frame and Rising Wedge in Short Time Frame and Rejection from the Lower Trend Line. It can Rejects from Demand Zone or Upper Trend Line at Fibonacci Level - 61.80% Entry Precaution : Wait until it Rejects from any Level with Strong Reversal Price Action
After price has been making a series of higher highs and higher lows, it finally managed to break structure to the downside. Now it has retraced to a supply zone which it could use to reverse and take out trendline liquidity formed at the bottom
Hello,Traders! SILVER will soon hit A massive resistance level Of 22.4$ and we are still Bearish biased locally And we will be execting A pullback after the price Retests the level Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Today, The Silver Price Reached a Strong Resistance Level (22.51100 - 22.11245) and 50% Fibonacci Retracement Level. So We Have a Bearish Scenario: If The market Breaks The Higher Low (21.72533 - 21.57400) and Closes Below That, I will Sell on Retest... TARGET: 20.10000🎯 ___________ If you agree with this IDEA, please leave a LIKE, SUBSCRIBE, or COMMENT!