Silver / U.S. Dollar XAGUSD

Appears to be a build up of Sellers at around the 15.50 area, watching out for any strength in the USD could take price down further to a support line at around the 13.90 area and to a price squeeze. With the stock market potentially heading south, silver could be heading that way also as money is attracted to Gold.

Price reversal confirmed at support level around 15.50 with daily candle. HS pattern formed in 2H. Price broken the neck line and looking for pullback. Placed long order at 50 Fib level WITH RR2. Target upto previous high and SL below the previous low.

If the above count is correct 5 wave impulse move will be followed by an ABC correction targeting 15$ (or lower). RSI and Stoch are both supporting the negative outlook by having a bearish divergence built up on daily chart between tops of wave 3 and 5.

This is a short take on Silver which looks like it is about to break north through a zone of resistance. I'm waiting for a a better signal but I'm getting prepared. There could be a serious bull run on this, as everybody will be watching for the same break.

XAGUSD, Reversal candle on H4: Sell D1: - Test resistance Daily and given signal: Down H4: - Tendency: Downward - 2EMA: Down - Reversal candle => Down.

This is a long term buying silver 14.52. The first hurdle to rally above is at 14.87, and after this, I'm looking at silver to rally up to 16 (at least). Risk-to-Reward looks fantastic

Nobody or very few people have been looking at Silver. Why? Everybody is distracted by Bitcoin and GBP pairs at the moment. In the screencast I show that Silver is ripe for a controlled loss. Oops.. nobody wants to hear about losses - right? I'm stalking this one carefully - having been distracted and missed Palladium. Silver is pretty cheap at the moment....

The target price can be 15usd. This level is the cross-point of the ascending wave axis of the exchange rate (green line). We expect a larger reduction from this level. The degree and target price of which can be determined later. The rise is likely to be a dual wave structure.

A completed h&s patterns suggests another drop with the LT bearish trend

H4: -Tendency: Upward - Above support, 2 EMA - Candle: Bullish => Continuous upward

Last week was a large range week, in which the market broke below triangle pattern support, and quickly reversed, finishing positive. This is normal. A false break will typically occur in a triangle reaching its apex. It is also possible to interpret this as an Inverse head and shoulders, with a sloping neckline. Either way, the measured move target for a long...

formation of triangle and tooth past effect, wearing of the dollar, gold is going to be long

D1: - Tendency: Downward - Tested support daily and move up - Candle: bullish outside bar --> Pullback

advanced pattern trade set-up on silver ...bullish bat pattern for buy opportunity..

Ok so commodities have be smashed across the board as the dollar powers on . But change has to come , and i believe that will be September onwards . Silver is a buy imo and we could see the dollar begin to decline, even if this make a correction just for a few months its great R to R .

Midterm forecast: While the price is above the support 13.60, beginning of uptrend is expected. We make sure when the resistance at 15.60 breaks. If the support at 13.60 is broken, the short-term forecast -beginning of uptrend- will be invalid. Trading suggestion: There is a possibility of temporary retracement to suggested Buy Zone (14.650 to 14.400). We wait...

XAGUSD H4: - Structure: Downtrend - Tendency: sideway - Triangle pattern --> Waiting breakout Prior analysis

D1: - Tendency: Strong downward - Broken support and below support - Tested resistance--> Given bearish outside bar --> Sell