XAGUSD is approaching its resistance at 15.14749 where it could reverse down to its support at 14.63819. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
We are looking at a model of XAGUSD (Silver) On the monthly chart : Clear and confirm Double bottom we recommend buying now-Entry price: 15.47 Stop Loss: 15.00 Take Profit: 16.20
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...
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Silver has broken our long term ascending support-turned-resistance line stretching all the way back to December 2017 and has made a pullback to this level. This is always a good sign that bears are forcing their way back into the position. The overall momentum remains overwhelmingly bearish. This break of our long term support-turned-resistance line has triggered...
Hi traders, With the barrage of negative US data we been receiving, with gold showing that this run isn't over yet, with DXY showing overall weakness against all other majors.... I'm calling long from here. Also that previous wick tells us that the bear are in control. everything else is pointing the other way. We also have a nice bounce off FIB extension from...
Silver is testing major resistance at 17.21 (61.8% Fibonacci retracement, horizontal swing high resistance) and a strong reversal could potentially occur at this level to push price all the way down to 16.21 support (Fibonacci retracement, horizontal overlap support). Stochastic (34,5,3) is seeing major resistance below 96% and a recent bearish exit signals that...
Hi traders, Due to personal health problems, I'll keep this short. I still wanted to update you with some forex analysis for the support you all shown me. DAILY CHART = LONGER TERM TRADE XAGUSD LONG: ENTRY : 16.973 SL : 16.824 TP : 18.239 Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade
Silver completed abc pattern on daily time frame Silver paused on Daily TL and then created a reversal channel formation then broke out of down channel creating an impulse move up, Price pulled back into bullish order block, cleared stops and now possible up trend in play my buy order was set 16.464 which was the bullish order block from where price broke out of...
XAGUSD(Silver) daily swing Long Level :)
Freshly trading its prices right in-between the 8, 21 EMA and 200 SMA, the XAGUSD (Silver) decidedly formed a bullish fakey pin bar suggesting for the continuation of prices higher. This is a strong signal I'm willing to enter on. despite my ongoing trade.