breakout above 30 will be the strongest breakout and biggest bullrun in history of silver
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " A " Corrective Waves RSI - Divergence Break of Structure Fibonacci Level - 78.60% Resistance Level
I still think lower but it's just a matter of time to see if it shows me if it is going lower or not, there's a possible 25% increase left in it so I'm still undecided, clear liquidity to take buyside though.
Silver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 27.63 which is a pullback resistance. Stop loss is at 28.30 which is a level that sits above the 127.2% Fibonacci extension level and a pullback resistance. Take profit is at 26.83 which is an overlap support. High Risk...
Hello,Friends! Bearish trend on SILVER, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 25.890. ✅LIKE AND COMMENT MY IDEAS✅
✅SILVER is going up now But a strong resistance level is ahead at 27.80$ Thus I am expecting a pullback And a move down towards the target at 27.18$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Friends! We are going long on the SILVER with the target of 28.667 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Silver moves slowly, until it doesn't. I love this setup. absolutely explosive moves coming.
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
Technical Analysis: Silver has failed to break above key resistance levels multiple times, indicating a lack of bullish momentum. Market Sentiment: There's growing uncertainty surrounding global economic recovery, with concerns about inflation easing and a potential interest rate hike. This could dampen demand for silver as a safe-haven asset. Dollar Strength:...
Silver may resume its uptrend after recent corrective decline from technical point of view and by Elliott wave theory. We have been talking a lot about bullish metals in the past months and they may easily stay in the uptrend, especially now when bonds across the globe are recovering away from the supports. We have seen some slow down on silver recently, but we...
Hello Traders In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET today XAGUSD analysis 👆 🟢This Chart includes_ (XAGUSD market update) 🟢What is The Next Opportunity on XAGUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Silver has been moving in a falling wedge wait for a breakout and a retest before long
The market is currently in a correction pattern and is reacting to a possible level of structure. Let's see if this the move that we are expecting to move price up. Feel free to share your views
Silver technical analysis: Regular readers will know that I have been awaiting for gold prices to pop higher over the past week. Whilst there's no cigar, the bias remains bullish until bearish momentum returns to the daily timeframe. However, silver may have the more compelling setup. Silver prices formed a strong rally in March through the first half of April,...
Described everything in the idea about gold and snp500, check it out
Hello Everyone, The XAG/USD pair is currently showing signs of upward momentum, with a significant resistance level at 29.078. Our focus is now on observing whether the strong 1Y resistance point at 27.222 can potentially serve as a support level if retested in the future. TradeWithTheTrend3344
On 1h scale reverse Cup & Handle are forming. Double bottom 2 may only result in making the Handle besides there is no RSI Bullish Divergence seen, therefore, planning on taking trade (Entry: Sell Stop) once it breaks Resistance level this will ensure that if Double bottom does play and take the trend upwards then my trade should not trigger. On the other hand, if...