Hello everyone I have 2 scenario for gold and I guess That silver will achieve the first place among other precious metals very soon and lead all attentions to itself. For now it is struggling in a big range area from 2020 and so my bullish confirmation is whenever silver penetrate this purple channel and run away from this purple range zone to start its...
Silver made a harmonic pattern ABCD. And as we know D is the reversal point and after reaching point D the silver start making higher highs and higher lows (Dow theory)
D1 - Higher highs Bullish hidden divergence No opposite signs H4 - Bullish divergence Downtrend line breakout Until the strong support zone holds I expect the price to move higher further in the short term.
Trade ideas linking liquidity + P/D arrays. Understanding liquidity is tricky as people said that liquidity is everywhere in the market e.g. lows, highs, fvg, trendlines, stoploss etc... I found that in my trading with P/D arrays something was missing, why is it that some P/D arrays work and others fail. The answer is liquidity. The perfect scenario; Price...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Traders investors and stackers. We are now near the buy zone for silver. Keep calm as we could head lower and get in at a better price, I would be surprised if we hit $24 before we head to $30+
Hello Everyone, XAGUSD hit a new low for the month, dropping to 26.017. Despite this, silver remains a strong long-term investment. The next key indicator to watch for is the price firmly establishing itself above the 1D Pivot Point. TradeWithTheTrend3344
After make 29 peak, I have been thinking of short since 28.5 and take 2 short. It can be buy on 26.2 as spot. I care about the 25.5-24.5 area as pos. The last place I would try would be the 23.3. I think it will outperform gold and give better results on the rise. Buy more silver be result
Hello Traders ! The Silver Price Formed a Descending Triangle Pattern. At The Moment, The Support Level is Broken ! So, I Expect a Bearish Move 📉 ----------- TARGET: 25.95000🎯
To me this pb looks like a classic retest of the neckline from where XAG recently broke out...I expect a pivot followed by an extreme move up very soon.
Hello,Traders! SILVER is going down But will soon retest a Strong horizontal support Level of 25.79$ from Where we will be Expecting a bullish Move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
XAGUSD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
Silver (XAG/USD) ) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 26.54 which is a pullback support that lies above the 61.8% Fibonacci retracement level. Stop loss is at 26.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at...
I thought in buying because the market took liquidity in below And we have demand Also the market do the same in last movement on low frame so I thought again in buying
"That's a HUUUUGE wick" - Deuce Bigalow Not uncommon for PA to come back down to touch the 20ema - which intersects a big trendline AND illustrates a backtest to the broken downward trendline. I anticipate this move happening fast, and could be combined with a minor market drop overall. Exo-political situation that's escalating is the USDJPY - and the BOJ is...
Silver is testing a key daily horizontal support at the moment. I see a strong bullish reaction to that on an hourly time frame: I see a confirmed breakout of a resistance line of a falling wedge pattern and a double bottom formation. I expect a pullback at least to 26.64 ❤️Please, support my work with like, thank you!❤️
Purple Box: Bearish (21.6 - 22.1p/o) Blue Box: Bullish 1.(25 - 25.6) 2.(28 - 28.7p/o) Bullish Scenario Silver's a very under priced metal, I'm thinking because countries are stock piling more gold they should also be doing the same with silver... Prise is finding or has found support above 22p/o and so a push upwards towards 25 is highly probable... ...
Take a look at our analysis for SILVER. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 27.366. Considering the today's price action, probabilities will be high to see a movement to 26.782. P.S We determine oversold/overbought condition with RSI...