Silver (AUD)- Monthly chart. Potentially forming a Double bottom. Note over head resistance (yellow line)- 4 failed previous attempts. Yellow line also coincides with 38.2% Fib retracement from the 2011 highs. So a very important line to break to complete Double bottom.
Watch the yellow box I have here for another restest and see what happens. I am predicting an expanding flat , that is almost complete in this zone (we love trading the END of corrections) for more downside. At least equal bottom, more could come though.
This clearly looks like the 5th wave down, so I always set TP to the equal bottom with the last move for upmost safety. That red line you see is a daily price action structure line, so for sure going to see some interaction down there again.
Silver to re-test $24-25 with first target $34. shaping up as world markets looking worrysome.
a second silver break on AUD a good signal and a confirmation of the up silver move b wishes Nidal Alzubaidi
Silver Silver on the weekly chart is finding support at the $24 AUS level. We see an trend line holding (.0382 Fib Retracement) Holding above the 30 EMA line For a confirmation to buy more we need to see: A bullish MACD crossover ADX Green bars and momentum to increase. Silver this year ran a maximum of 28% (currently 23% since January 2019)
Hey guys welcome back. This week we will be looking at silver. If your liking the charts so far show some support and give me a follow. Likes and comments are also appreciated. Currently I have SilverAUD as a long. The reasoning? well call me crazy but last I checked inflation was running ramped. Although it has not hit the market as of yet due to the...
Silver to the Aud 4-hourly, Because of the 28.00 high, -bearish interests. * Until next time, next year, happy trading. All our Forex shared set-ups are speculative and not guaranteed, analysis and ideas of a chart belong to Charts34T ; - it is not a market advice. You are both responsible and liable for your own account.
silver may go strong in a long term, and aud may not performance well. So, XAGAUD may be a good pair. target 1 is 28.
Enter on break of last swing high Break coincides with prior week high and soon to be prior month high. Same objectives as Silver USD, EUR, CAD
Here is another lovely down trend in play and another cross I am stalking. I'm waiting for a small bearish candle to present itself to me in the cradle zone, then will play a short trade if it's there. I like how the price is nearing in on the previous level of support/resistance. I'd like to see it test that level before bouncing to the downside. We have...
SiIver in AUD testing long-term UpTrend line.
I like this entry for a long term play. Im looking for for 20.50 to be a good low to trade against to see much much higher prices Will THIS BE LIFTOFF?? Like Share your thoughts!!
Market can go much higher from here. Big bullish engulfing candle on the daily charts suggest change of short term trend Like Share your thoughts follow for more trading ideas