Yesterday I said that Silver is more bearish than Gold, and indeed, although it has risen, it could reach the last top As you all may have seen, we have a clear H&S pattern with the neck-line at 24.80, which is broken at this moment. Although this means upward momentum, the price is stalling above this neckline and looks more like distribution at this point and...
Like its bigger brother, Gold, Silver also has a good start this month, with the price rising around 2500 pips or around 10%. However, after breaking above the neckline of an H&S, the price stalled and lacked strong continuation. Instead found a strong ceiling at 25.50 and yesterday's rally above resistance for Gold wasn't matched with a rally above 25.50 for...
After the 22 recent low, Silver rose and reached almost 25 figure. Now the precious metal is correcting this move and is trading at 23.68 at the time of writing. A break under 23.40 zone would again expose 22 and, on the other hand, a break above 24 would signal a potential leg up
Update the previous analysis # Buy 1 = If the green trend passes, the targeting is to touch the blue trend # Buy 2 = If the blue trend is crossed, the targeting is 24,884, then 25,633 # Sell 1 = If the orange trend is broken, the targets are 23.258---22.724--22.340
on silver we saw a bullish move that i forcasted from 23.800 and now it may continue this move to 25.4 and with a correction to 24.8 we will see another bullish move to 26.5 target.good luck have risk management
This is my personal opinion and observation. it is not financial advice.
keep calm and trust the butterfly :)
XAGUSD expected to rise up to 1st resistance at 17.0472 where it could potentially react off and drop down to 1st support at 16.6367. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
XAGUSD : Bearish Move is Ready After upTrend line breakout.
Bearish BAT setup. tp may change according to reversal zone
ANALYSIS ON XAGUSD (Silverdusd) Welcome to my analysis - 30Min CHart - Interesting Point of interest In the XAGUSD pair. - Price below 100/200 day EMA. - Buy reversal. - Expecting more Upward momentum. - Watch 17.07500 - 17.43000 for take profit. - MACD showing bullish divergence Stay Tuned
"In the name of Allah, the Most Gracious, the Most Merciful ". XAGUSD Possibility of Next Move. Note: This is only for Educational Purpose this is not Investment advice. "Pain is silence" Thanks Adil Khan.
XAGUSD is expected to drop to 1st support at 18.1722 where it could potentially react off and up to 1st resistance at 18.3192. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
XAGUSD is expected to drop to 1st support at 18.1722 where it could potentially react off and up to 1st resistance at 18.3192. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.