Posible doble bottom w bull dvg in rsi + (maybe) macd in this 2h-chart. Macd in this 2h has crossed down at 0-line, this has to cross back up above again, for any significant rising to happen. One fib is at 1.618 at this bottom, and a bigger fib 0.5 (the hole move up from bottom in 2018), is also around here. It's at the bottom in a rising channel. Cross our...
We have our target zone ( green box ) marked out ready for price to park itself in, this zone has been used as key support and resistance before as you can see. Silver has been in a downtrend market since mid may 2016 and we can see this continuing until our target is hit, and as you can see from the bearish candles last week and this week there is still a lot of...
marked on the chart ( green line ) we have a key support level on the monthly, weekly and daily timeframe, we can see this been re tested again as price has made a nice bearish run the past week. So we will be in a sell until we get to this level, you have to have patience in this game otherwise it will beat you up ( I am talking from experience haha )
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Hello Traders, today we take a look at XAG / USD - Silver Price has broken below an important Daily S/R level in which we can expect our next target Support to be 15.33. From here, we will monitor price action for a run towards our Daily S/R once again, or a breakdown for Silver to our Range Low of 14.30~ Twitter - Telegram - Signals
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
XAG/USD has been in a consolidation zone since the beginning of January. Although, the long term trend is bullish, we may have a little dip as the bulls take in their profits. Risk no more than 1% Trade safe.
XAGUSD is approaching its resistance at 14.49 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is could potentially reverse down to its support at 14.30 (38.2% Fibonacci retracement). Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could potentially occur.
Like gold, silver surged the last two weeks amid a global stock market correction. Now price is testing final resistance level of the trend. Follow the performance of the stock market & bonds closely, as a recovery in these assets will be very bearish for gold. Trade Step-ups: Bearish Reversal: Price rejects a breakout from the current trend. Profit levels...
With the current situation going on in the world with trade wars among the highest economies and NATO and Russia kicking off some of the largest military exercises since the end of the Cold War, we can expect the price of metals to increase for the next few weeks as people would cash out their money from their banks and invest in a commodity because of the current...
OANDA:XAGUSD gives us a good long opportunity based on inverse head and shoulders pattern signification for bottom in mid term. Weekly MACD also turning bullish. Wee saw the strong price action last week also at OANDA:XAUUSD . It's a good opportunity take some long at 14.450 - 14.500 when we find support at 0.618 fibo retracement of last wave up.
Seems like a very good opportunity with excellent risk/reward to take long Silver right here. Target up to downtrend resistance of $17-17.25 range so good for about $3/oz upside. Should silver break decisively over $18 then there could be much more to the long side but one step at a time...
XAG/USD labeled in a complex structure, Double Three, where W is finalized and X performed with a false break-out. Expecting a bullish swing to start.
This forecast contain a scenario for next five to six months. If you have a different view on this chart please let me know in comment section. Please trade with care.
i kinda guessing here, dont take it into action, price will come down no matter what, but is it this time?
Based on year high and low, Ive worked out using GANN Square that XAG is rotating a full 270 deg from 17.220. To complete a 360 deg the price would have to fall to 15.947. I believe Silver is used to Cap the Gold market and as such there is lots of volatility. Here are three trades. Im interested to hear more from traders about XAG and GANN ! I have been a...
Silver just tested and tried to break the trendline before a big sell off-I am looking for a correction here to then start of fresh falls to prior lows. I'd suggest look for sell setups once correction completes. Happy Trading.
Although the price essentially bounced off the 16.200 soft support, I expect that the 4H Channel Down (RSI = 42.365, MACD = -0.059) will test the hard support of 1D at 16.040. The Lower High (Highs/Lows = -0.0021) is priced at 16.391.