Silver (XAG/USD) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 25.413 which is a swing-high resistance. Stop loss is at 26.400 which is a level that sits above the 161.8% Fibonacci extension level and a multi-swing-high resistance. Take profit is at 24.119 which is a pullback support. ...
Preferred direction: SELL Comment: The outlook for the US dollar against the Canadian dollar in the longer term is quite positive, but before this rise, which is likely to allow new highs in the 1.36000 area, the currency pair will test the area around the 1.34000 level. At the indicated support area, we expect the seller to stop and the beginning of...
Natural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis 00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 04:51 AMEX:UNG Stock Forecast 07:24 USO Oil Stock Forecast 08:39 DXY US dollar Stock Forecast 10:02 Gold XAUUSD Stock Forecast 11:34 Silver XAGUSD
a few patterns on different tf together, execution upcoming
Preferred direction: SELL Comment: Metals continue to maintain a strong buy-priority, at least in the short term. A huge number of market players are trying to catch the highs and find the most profitable short entry point. However, the limit buyer continues to actively buy up all sales, thus no drop, especially any strong drop, is expected. For the coming...
Preferred direction: SELL Comment: The situation for the British pound is very similar to the situation for the euro. Here we also clearly continue to maintain sell-priority and continue to keep the trade short, according to the previous scenario. Within this week, we expect a fall to the level of 1.28000 , and against the backdrop of the liquidation of...
Looking at the chart of SILVER right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement Break of Structure RSI - Divergence Completed " 123 " Impulsive Waves
Silver (XAGUSD) almost reached the 25.000 Target that we set almost a month ago (February 15, see chart below) but as it seems to fail to touch the 0.786 Fibonacci level, it is time to take the profit earlier and turn bearish: At least this is what took place on July 20 2023, a rejection that started wave (e-f) back inside the High Volatility Zone that...
Natural Gas Price Forecast | DXY Crude Oil Silver Gold 00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 05:50 AMEX:UNG Stock Forecast 07:14 USO Oil Stock Forecast 09:36 DXY US dollar Stock Forecast 10:44 Gold XAUUSD Stock Forecast 12:36 Silver XAGUSD
Hello,Traders! SILVER has retested the Horizontal resistance of 24.6$ From where we are already seeing A bearish reaction so I think That we will see a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
HELLO TRADERS As we can see silver hit out TP-2 on buying idea which we had updated in our channel this level we expected a retrace till 23$ and then up to the buying levels as we had perdition in our buying idea Friends its just a trade idea share Ur thoughts with us Stay Tuned for more updates
presented chart says it all i wanted to write... enjoy the ride ;)
Silver is trading sideways since 2021, a move that can be a corrective because of choppy and overlapping price action. Ideally, its a very big triangle in progress, with final wave E in play, which can be in late stages now, so ideally prices will stabilize in weeks ahead. We can already see that the price on 4h time frame is turning up from projected...
Preferred direction: SELL Comment: As part of the upcoming strengthening of the American currency , as well as the upcoming NFP , we expect a fall in the GBPUSD currency pair. At the moment, the process of eliminating sellers is being completed, and in the very near future, the market will begin to actively buy at market prices. Thus, this will provide an...
Preferred direction: BUY Comment: Previous long-trades in gold and silver have been completely fixed with profit, but short-trades are out of the question. At the moment, there is a strong limit buyer working for metals, and most likely the price is heading to a historical maximum at the level of 2140 . This week is rich in the publication of economic...
Preferred direction : BUY Comment: The British pound continues to be the most promising major currency pair to rise amid so much accumulated selling. Here, we continue to adhere to the previous plan, and events strictly develop according to scenario №2 . The growth target is the level of 1.28000 , or more precisely the area near it, since most likely, as...
Preferred direction: BUY Comment: We continue to consider the euro in favor of buyers, especially until the target at 1.09000 is crossed. Above this level, there is a target of 1.10000 , which the pair may approach quite easily, since there is an accumulated resource for this. This potential movement will develop within the framework of scenario №1. ...