✅SILVER is about to retest a key structure level at 24.4$ Which implies a high likelihood of a move down from resistance As some market participants will be taking profit from long positions While others will find this price level to be good for selling So as usual we will have a chance to ride the wave of a bearish correction Towards the demand level at...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Long Time Frame and it has Breakout the Lower Trend Line and Completed the Retracement Break of Structure Fibonacci Level - 78.60% Rejecting from Strong S / R Level Divergence Impulse Correction Impulse Elliot Waves
The silver is forming a clear Head and Shoulders pattern with a visible divergence on momentum indicators. Additionally, it has broken the ascending weekly trendline. These are all signs that the price is likely to fall to 22.150, after which it may rebound to 22.68 and retest the breached neckline. The retest point could present a good opportunity to enter a...
Hello,Traders! SILVER is trading below a Long term falling trendline On the higher timeframes And after the price retests The resistance we are likely To see a pullback towards the Target below at 22.41 Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Over Trend Is bullish but Expecting some Correction before Next Bullish impulse Forming Ascending Channel in h4 timeframe Incase Of breakout expecting Test Of 1930 to 1935 And If Gold Lost Support Area Then Correction Will Be deeper
✅SILVER has been ultra-strong As of late following Gold as A safe haven metal however, Trees don't grow to the sky And so If we zoom out to the One week TF we will see A strong falling resistance That stands in the way of growth And from where we are very Likely to see some correction SHORT🔥 ✅Like and Subscribe like a BRO✅
XAGUSD/ Silver is on a 2 week rise after rebounding on the Rising Support. The price is now approaching the Falling Resistance that started on February 1st 2021. We expect a correction back to the Rising Support and bottom of the Pivot Zone. Target 21.000. Follow us, like the idea and leave a comment below!!
XAGUSD has completed the formation of a head and shoulders pattern with divergence on momentum indicators, and has made an initial break of the neckline. I prefer to wait for confirmation of the breakout before entering a sell position targeting 21.19. However, with the current global crisis in American and European banks, conditions may change at any moment, so...
✅SILVER is going up currently And the price broke the key structure level Which is now a support, and after the pullback And the retest, I think the price will go up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! SILVER broke the key Horizontal level and The breakout is confirmed So after some correction The target above is Likely to be retested Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hi, After navigating above we will have a slight correction until the green trend line This is just an idea Take care
Silver made strong and impulsive rally since September 2022 till February 2023. A sharp drop in February from 24.50 and break below 22.50 supports suggests that metal is in a higher degree correction. That’s quite strong decline, but due to a five-wave rally earlier, we still see it as part of a complex sharp W-X-Y correction with the support here in the 61,8% -...
Hello,Traders! SILVER will hit the key Horizontal resistance soon So I think that while the setup Is risky due to the fundamental Nature of the moves We might see a bearish Reaction and a reteset Of the target below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Any good/silver/bitcoin related stocks will be following a similar pattern. Don’t miss the train!
✅A broken key structure level Reinforces our bearish bias on SILVER And I believe the price is set to move lower To retest the target below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
We now wait for the NFP! Here we have the silver chart in-front of us! We are currently within the range of lows: 19.800 highs: 20.450, Pattern: Triangle/ Bear flag If we are to go above key resistance area and above 50EMA + TL resistance I expect first target to be 20.750 areas and then 200 EMA areas which is around next resistance zone of 21.400. However, we...
Hello,Traders! SILVER broke the key Horizontal level which is Now a resistance so As the price is now Retesting the level I believe a move down Is coming soon Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Gold and silver have come up on the radar and both could be a tactical play as we eye a data storm brewing over the next two weeks. One could argue that it was month-end flow, but the failure of the EUR and GER40 to be overly influenced by the above consensus French and Spanish CPI data suggests the market is becoming harder to shock by inflation reads. After the...