A TTM Squeeze on the Daily, Weekly and Monthly = a huge move is coming. I believe Powell will talk about adjusting the acceptable inflation rate in his speech tomorrow from 2% to 4%. He will appear dovish and inflation will rocket in the dollar starting April when the gamma has rolled off the quarter. I've also been noticing that precious metals are higher...
Silver needs to consolidate, and since the dollar will fall since Japan, South Korea and USA's Yellen agreed this week on it, they need to slam silver first to blunt the ascension and to shake out paper hands.
Gold continues to keep traders on their toes as it fails to provide clear signals over future direction. It put in a solid rally from mid-February to mid-April, but has struggled to find a footing since then. In fact, what looked like an entirely reasonable period of consolidation has turned into something more sinister, at least as far as the bulls are concerned....
The nature of the precious metals market appears bearish with a sharp move into wave (3) down. Take heed from here until 2027. XAG/USD is how silver is labeled for spot trading on the foreign exchange market. Silver (XAG) is traded against the US dollar (USD), so its price shows how much one ounce of silver is worth in USD.
My dear friends, Please, find my technical outlook for SILVER below: The price is coiling around a solid key level - 26.465 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 27.488 Safe Stop Loss - 25.807 About Used Indicators: The...
Silver has been in a downward pointing "shape" with a resistance on the top as a force pointing down, while being supported in a "cup" shaped support that can become resistance on the up if it is broken down. The levels in this project are potential support/resistance zones in the future, where potential pivot points can occur (marked examples in the past)....
Massive breakout from a multi year consolidation. Currently in a small down wave and bounced off of $26.00 (roughly) which breakpointtrades.com thought was resistance (I agreed). Currently we are in a declining wedge on the hourly pattern and I am expecting a breakout followed by a fast run to about $40 to 50.
XAGUSD - Silver the next best opportunity to re-enter on the buy/long side appears to be at the rising trend line/75-EMA. This is a provisional view.
In my previous ideas, i highlighted that #silver #xagusd has need to retest and success to confirm the rally. Orange box is the retest zone and must not be lost.
Xagusd showing some selling pressure amidst making a bearish flag pattern. Taking entry on the break of the flag pole with stop loss on above LH.
✅SILVER is going down to retest a horizontal support of 25.70$ Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 27.00$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
OANDA:XAGUSD LOOKKKKK! break the symterical triangle at weekly,next years will be silver's year.
our first target got hit ... we need to wait a clean close below 26.264 if we want to keep going down .
Gold and silver were sharply lower overnight. While not as violent as last week’s drop, the sell-off has certainly taken the gloss off the positive sentiment which was slowly returning in the latter half of last week. There was some good news early on in that gold traded above $2,300 throughout the morning suggesting that many investors were holding their nerves....
XAGUSD chart is printing down trend continuation with bearish flag pattern.
Price has finished a wyckoff distribution and we are waiting for another leg south. Price is also forming a Head and Shoulder if you look at it. I am expecting price to pullback to 1.26 ish before we reach higher highs.
my structure trading analysis and forecast on SILVER vs USD..how to combine fibonacci and order blockx with structure trading