Spot silver XAGUSD1! rose 0.7% to $25.15 per ounce, platinum PL1! was up 0.2% at $909.76 and palladium XPDUSD1! climbed 0.9% to $1,023.95. Gold prices rose to a record high on Monday, as a softer U.S. inflation reading cemented bets that the Federal Reserve would deliver its first interest rate cut of the year in June. Spot gold GOLDwas up 1.2% at $2,258.53...
Silver nicely respected a recently broken key horizontal resistance. After its retest, the market started to consolidate on a 4H time frame and formed a horizontal range. Its resistance was broken yesterday, signifying the strength of the buyers. The market may keep growing next week, at least to 25.5 level. ❤️Please, support my work with like, thank you!❤️
i am bullish on XAGUSD it will move up like XAUUSD chart. lets make money. good luck.
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 123 " Impulsive Waves RSI - Divergence Break of Structure Bearish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 61.80%
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Consolidation Phase as an Corrective Pattern in Short Time Frame and rejection from Upper Trend Line RSI - Divergence Break of Structure
Silver (XAGUSD) reached the 25.000 Target that we set more than a month ago (February 15, see chart below) easily surpassing the 0.786 Fibonacci level and getting heavily rejected exactly at the top (Lower Highs trend-line) of the 1 year Triangle pattern: On July 20 2023, a rejection slightly lower started wave (e-f) towards the bottom of the High Volatility...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 123 " Impulsive Waves Fibonacci Level - 261.8% Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame
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...
Similar to Gold, Silver also began the year poorly. After finding support just under $22, it started trading in a range. A few hours ago, the price managed to break above the range's resistance, indicating a bullish outlook. However, unlike gold, silver has lagged behind in its performance since the start of the year. In my opinion, this gap will be filled, and...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed Impulse Correction Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement Break of Structure RSI - Divergence
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Consolidation Phase in Long Time Frame RSI Divergence Break of Structure Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed Impulsive Waves and " AB " Corrective Waves Break of Structure and Completed the Retracement Symmetrical Triangle as an Corrective Pattern in Short Time Frame RSI - Divergence Rejecting from Strong Resistance Level
Silver (XAGUSD) is on the 2nd straight green 1D candle, the strongest two day rally since December 14 2023. The natural technical Resistance is the 1D MA50 (blue trend-line) and if broken and the 1D candle closes above it, we will buy the break-out and target the 0.786 Fibonacci level at 25.000. This is because based on the 1D RSI, the current Double Bottom...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Strong Divergence in RSI Break of Structure and Completed the Retracement Completed " 123 " Impulsive Waves
Since the start of December 2023, OANDA:XAGUSD has been clearly trending downward, establishing lower highs on our chart and pressing in the 22.00-22.15 support zone. However, despite yesterday's positive performance for OANDA:XAUUSD , Silver remained largely unchanged, further reinforcing this bearish outlook. The overall structure maintains its bearish...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed the Breakout of the Corrective Pattern " Rising Wedge " in Short Time Frame and Completed the Retracement at Previous Strong Resistance Level. " 12345 " Impulsive Waves and " ab " Corrective Waves completed
Top-down analysis for Silver. Price action analysis. Important key levels. Directional bias. Thoughts. ❤️Please, support my work with like, thank you!❤️