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
SELL LIMIT: R1 - 27.71800 BUY LIMIT: S1 - 27.04500 Trading Guidelines (SILVER): Risk Management: Risk no more than 1% of your capital per trade. Maximum Trades: Limit yourself to a maximum of 2 trades per day. Trading Sessions: Focus on trading between the London and NY sessions. Discipline: Execute the order at the identified level. Stop Loss and...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context indicates that the 1-red wave has recently concluded, and the 2-red wave is now unfolding to decrease further. In the short term, the outlook suggests that the (a)-purple wave has completed, and the (b)-purple wave is currently unfolding to push slightly lower. Following that,...
If Silver can confirm the breakout from where it has currently broken above the inv h&s neckline the breakout target will be $31. *not financial advice*
The top of the highest wick on silver is actually the exact measured move target of the previous inverse head and shoulders silver recently hit precisely. On the journey as it retested that ones neckline it formed this anger more horizontal inverse head and shoulder neckline and has since also broken above it with a measured move target much higher at around $34....
Looking at the technical, I will look to buy both Gold and Silver. I am looking at a short-term bull run from the green arrow marked on my chart. Do your due diligence though.
XAGUSD on the 120-minute chart is at the top of the high volume area on the profile. This is a relative volume void above and a high volume area breakout is possible or even likely. The TTM squeeze indicator has just triggered. The Price Momentum and Relative Trend indicators appear bullish. I assert that spot silver is bullish right now and mining stocks...
A breakout of the rising wedge strengthened the case for an upcoming bearish H&S top in Silver. Should the $26.7 level be breached the min target is $23.5
XAGUSD Bearish flag pattern target all the way upto 26.50
Silver showing strong fundamentals with an entry from the 1hr technical timeframe, SL moved under the recent swing long and will hold out for more on this
I noticed this today (4 July 2023) and thought I'd share it with the community. I see bullish and bearish indicators both at play, but this could be a good thing.
Looking back on the chart, massive climbs were often preceded by abrupt dips. Stay shark.
XAGUSD made head and shoulder pattern. There is RSI divergences on the head which seems like the rend will be reversed.