The potential for a significant TVC:SILVER surge in the coming years is truly mind-boggling. Observing a massive accumulation pattern. Thoughts?
This is worth a try here - LONG; Overall environment is a mixed bag, with a strong deflationary bias at the moment. Rates (and the $) is sitting smack in the middle of all possible ranges thus, anything can happen here - and most likely will. If this doesn't turn here (quickly!) then it's no good. (Gotta watch it closely, with narrow stops.)
Analysis: Upwards trend (bullish confluence factor) Break & retest of previous area of resistance for support (bullish confluence factor) 38.2% fib retracement level touch (bullish confluence factor) Upwards trendline close by (bullish confluence factor) 6K long position decrease for the USD (bullish confluence factor) Stay Safe - The JPI...
Analysis: Taking a look at the chart we can clearly see that price is in an upwards trend. We're forming higher highs and higher lows which helps confirm this as well as the upwards trendline that is present. Price today has pulled back to an area of interest to us as this level previously held as resistance. As we know resistance often becomes support when...
I wanted to draw your attention to some intriguing developments in the market that may significantly impact your investment strategies. Specifically, I would like to discuss the recent divergence between silver and gold prices and the weakening US dollar. By understanding these trends, you may be able to make more informed decisions and potentially enhance your...
H4 - Bullish trend pattern. Higher highs. Until the two strong support zones hold I expect the price to move higher further after pullbacks.
Our favorite shiny metal, silver, is gearing up for another potential bounce off the MA50, and I couldn't be more thrilled about the possibilities it presents. As avid silver traders, we have witnessed the power of technical analysis and the significance of key moving averages. The MA50 has proven to be a reliable indicator, acting as a strong support level for...
I am thrilled to share some exciting news - silver has just hit a golden cross! For those unfamiliar with the term, a golden cross is a technical analysis term that occurs when the 50-day moving average exceeds the 200-day moving average. This bullish signal indicates a potential upward trend in the price of silver. This is fantastic news for all who have...
With a robust bullish momentum, I am anticipating XAGUSD to rally towards $25.33425 from its current price of $24.19700.
Hello Everyone! I want share my idea of XAGUSD. Couple week ago we saw Silver big and strong Bearish moving which was actually impacted by tested YTD HIGH at 26.00$, here traders took their profits after massive and long bullish trend. At the moment we have interesting picture, after big drop, price start again uptrend, on high timeframe for example 1D...
Silver is in a nice uptrend on the 15min time frame. I expect brand new highs from here! We all know the situation that the us dollar is in. If I get a buy signal from this area on min 15 , im going to buy silver. Its heavily bearish on other time frames... So keep in mind that this trade is trending down on all other time frames except the weekly time frame...
View On Silver XAG/USD (30 May 2023) Silver is doing some bullish sign at this moment. I expect 23.9~24 region will be the next resistant. So, it is not advisble to sell silver "just yet" $24 shall be the great resistant. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk...
Daily bullish order block formed on 21st March. 22.40-15 strong demand zone for long, stop loss may place below 22.15. Target: 24.80. this setup will take time may few days even weeks.
Hello Traders, Using XAGUSD (Silver) as a case study, I will explain why you need to select the best possible pair to trade. The reason why this is so is because almost all the FX pairs are correlated one way or the other, hence you must always choose the one with the best narrative and the best setup. When I say narrative, I mean the reason why you expect a...
Silver Woe to those who do not see the downward trend of silver. The trend of silver is downward, on the other hand, silver's older sister, gold, is not in a good position, and gold's younger sister, which is silver, should be led down with it. The trend of silver is currently in a bearish base, so we have the next bearish wave ahead of us. The trend of silver...
Hello Traders, Hope you all are doing good!! I expect XAGUSD to go Down after finishing the correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market...
Bullish Divergence is there. DXY is looking weaker today. Take 1% risk only. Entry PRice:24.26566 STop Loss:23.84161 Take PRofit:24.68257