Pair : XAGUSD ( Silver / U.S Dollar ) Description : Head and Shoulder as an Correction in Short Time Frame. It has completed the Impulsive Waves " 12345 " and " ABC " Corrective Waves. Rejection from the Previous Resistance or Fibonacci Level - 61.80% Entry Precautions : Wait for the Proper Rejection
Silver prices (XAG/USD) are experiencing a significant decline, approaching the $22.00 mark, driven by signals from Federal Reserve (Fed) Chair Jerome Powell and colleagues indicating a willingness to implement additional interest rate hikes in pursuit of a more restrictive monetary policy stance. Jerome Powell's recent statements, affirming the Fed's readiness...
Dear Traders, At the beginning of the week and the first hour of trading of Monday, gold and silver price sky rocketed. The reason is many institutional traders took the price high to take their profit out as we approaches the year end. The second thing is the fear that FED will increase the interest rate that means dollar will collapse ultimately this fear led...
hello traders.for silver we had choch in weekly and also daily time frame.now we are in demand area and after confirmation in this zone ,price can keep going to upside. what do you think? R:R 2.32 “”your follows and boosts encourage me to publish more analysis””
We have a possible Falling Wedge pattern with a target at 25.300, as long as the price does not break the 23.800 zone.
OANDA:XAGUSD enters a bullish consolidation phase and oscillates in a narrow trading band just above mid-$24.00s through the first half of the European session on Tuesday. The white metal, however, remains well within the striking distance of a near three-month high touched on Monday and seems poised to prolong its recent strong appreciating move witnessed over...
Silver prices saw a 0.91% increase on Thursday amid low trading volumes as the Asia-Pacific trading session commenced, holding steady around $23.82. There was little change in the early Friday session as markets in Japan and the United States resumed activities following a break. The daily chart for silver illustrates the gray metal's trend as neutral to...
Silver prices increased by 0.91% on Thursday, trading around $23.82 as the Asia-Pacific trading session commenced on Friday. The daily chart indicates a neutral to bullish trend, maintaining near weekly highs, setting the stage for a potential test of the $24.00 level. Once surpassed, the next resistance lies at the June 9th high of $24.52 before potentially...
OANDA:XAGUSD price climbs on Wednesday, following last Tuesday’s soft US inflation report, which sent US Treasury bond yields plummeting on expectations the US Federal Reserve is done hiking rates. Hence, the XAG/USD advances sharply, reaching key resistance levels like the 200-day moving average (DMA) at $23.26. If Silver bulls hold price above the latter, the...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed Right Shoulder of the Corrective Pattern " H&S " in Short Time Frame and Started Rejecting from the Daily Demand Zone after it Completed " 12345 " Impulsive Waves and " abc " Corrective Waves. Bearish Channel in Short Time Frame Entry Precautions : Wait for the Proper Trend Reversal Price Action
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed Impulse and Corrective Wave " wxyx ". Symmetrical Triangle as an Corrective Pattern in Short Time Frame. Head and Shoulder Pattern in Long Time Frame, It will complete its Right Shoulder at Daily Demand Zone Entry Precautions : Wait until it Breaks UTL / LTL
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and it is Rejecting from the Upper Trend Line and S / R Level. If it Rejects from the Lower Trend Line then it will Reject from the Daily Descending Trend Line. Break of Structure / RSI - Divergence Entry Precaution : Wait for the Breakout and Retest...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Falling Wedge in Long Time Frame and Rising Wedge in Short Time Frame and Rejection from the Lower Trend Line. It can Rejects from Demand Zone or Upper Trend Line at Fibonacci Level - 61.80% Entry Precaution : Wait until it Rejects from any Level with Strong Reversal Price Action
Since last Friday's high and strong reversal from 23.50, Solver has dropped 1500 pips. Like in Gold's case, bulls were unable to recover some of the losses and XagUsd is consolidating in the support zone at 21. Here we could also have a new leg down after the consolidation and the obvious target for this drop (swing trading) is the next support at 20, so, 1k pips...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Impulse Correction ( ABC Corrective Waves / Consolidation Phase ) Impulse Completed. It is Following Consolidation Phase in Short Time Frame if it Breaks the Upper Trend Line then Buy and If it Breaks Lower Trend Line and Retest then Sell
XAGUSD stabilizing prices above 23.63 will support raising to touch 23.81 and 24.12 and 24.37 if the price stable under 23.58 then the movement will be between 23.28 and 22.97 support line : 23.28 ,22.97 , 22.71 resistance line 23.81 ,24.12, 24.37 Tendency: bullish
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Head and Shoulder , Completed " Left Shoulder " and " Head " and making its Right Shoulder in Corrective Pattern " Consolidation Phase ". We have Impulse Correction Impulse and Strong Divergence
looking bullish trend in daily timeframe bec follow ascending channel