This is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED WEEKLY with comments and trade ideas. | This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions | In the following analysis, I do NOT highlight any specific scenario but neutrally look at the higher timeframes in the...
Hello,Traders! SILVER is already making A pullback from the resistance Of 23.25$ so I think that The price will go lower still Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅SILVER is trading in a Downtrend and it has Formed a parallel range Where It consolidated For a while but is now Trying to make a bearish Breakout and IF it happens Then we can go short On Silver with the target Being the demand level Below at around 22.5$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Silver / XAGUSD is trading near the bottom of 15 month Channel Up with the 1day MA50 and MA200 on a parallel move. The 1day RSI is on a Channel Up / Bullish divergence since May 25th and it is much like the bottom trade at the start of the Channel Up. Buy and target 25.900 (bottom of Resistance A). Previous chart: Follow us, like the idea and leave a...
In a post on Silver from June, I analyse that a run to $33 is on deck: Silver - 33 Moons And An Options Opportunity In the time that has passed, we've had two ~10% bounces that have been sold off. To me, this is a peculiar pattern for a trendline play that leads to new lows in the immediate term future, and represents confirmation that $33 is on...
Silver (XAGUSD) gave a solid rejection at the top of the long-term Channel Up (see chart below) when we last looked into it on July 21 2023: The price hit on Thursday the 1W MA50 (red trend-line), which gave the previous short-term rally in mid-August. As long as it holds (closes weekly candles above it), we expect a similar rebound, thus turning bullish...
Silver is in a correction to the 23$ support zone. you can setup your Long positions between 23.5$ to 23$ The target is near 25.5$ First silver must break the dynamic resistance line then pullback and go for the 25.5$.
The buying pressure on the 4-hour chart is notable, and Gold is currently situated at the lower end of its trading range. There's a significant chance that the XAUUSD price could increase from this support area.
Hello,Traders! SILVER has been growing Lately and looks oversold So as we are seeing a failure to Break the falling resistance and A nice bearish reaction from it I think that we will see a Local bearish pullback Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! SILVER is trading below A strong horizontal resistance Of 25.2$ and Silver is Locally overbought so I think that we will see A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅SILVER keeps rising and The price grew by almost 10% from the recent lows So Silver looks overbought Thus after it hits a horizontal Resistance around 24.5$ We are likely to see a Bearish reaction and A local price drop SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
XAG - silver - hitting some key support points on the daily graph, with valid signs for a reversal on Stochastic too, RSI still not there yet but at least small reversal up until 200-day MAs is in order.
As an alternative, you can choose your TP based on the ATR of your favorite chart: ATR = Average True Range 1 day = 20 pips 4 hours = 10 pips 1 hour = 5 pips 15 minutes = 3 pips 5 minutes 2 pips TECHNICAL ANALYSIS: The XAGUSD pair is currently trading in a range between 26.14 and 22.11. Price Action has been consolidating in this range since April 24,...
✅SILVER is getting closer And closer to the horizontal Support level of 22.2$ so As we said previously The metal is oversold so At least a local rebound Is quite likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! SILVER is still going down And the metal is oversold At this point so I think that Upon the retest of the Horizontal support of 22.14$ A rebound is set to happen Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅SILVER has been falling recently And Silver seems locally oversold So as the price is approaching a horizontal support at 22.2$ Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅GOLD is trading along the long-term rising support And as GOLD will soon retest it I am expecting the price to go up To retest the supply levels above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
In our preceding discussion on silver, we delved into the dynamics of supply and demand, highlighting the deficit in supply compared to demand throughout 2022. In addition to that, we talked about how this opportunity, coupled with some other factors, could present an interesting opportunity to go long silver. Since then, the price of silver rose from around...