GOLD is still under the pressure of the bear market. On the local chart the situation was interesting with the development of bullish preconditions, but unfortunately the world market is not going to recover yet. On the chart, I marked a price channel, the price tested the resistance and started to form a pullback and movement in the phase of the fourth wave. The...
GOLD: As we can see on the chart, the gold was able to change the global bearish trend and on the retest (price pullback) we saw confirmation of the upward price channel. On Friday the price was able to make a false break of the support zone at the close, after which the price returns to the channel and closes above the trend line. I assume that if the...
Gold. The price makes a false break of the resistance 1752.5 and forms a pullback back to the support zone. We expect developments near the 1733 zone. The global trend is rising, the price is in an uptrending price channel, after strong moves up and down the price needs to gain energy for further maneuvering. Earlier the price changed the trend to rising and...
Silver - Intraday - We look to Sell at 19.5400 (stop at 19.7539) The medium term bias remains bearish. We have a 38.2% Fibonacci pullback level of 19.5428 from 18.7205 to 20.8732. There is scope for mild buying at the open but gains should be limited. Preferred trade is to sell into rallies. Our profit targets will be 18.7206 and 18.5000 Resistance: ...
XAG / USD ( Silver / U.S Dollar ) Technical Analysis Chart Update Time Frame - M30 According to the Pattern it is Following the RISING WEDGE and its rejecing from the Lower Trend Line #LTL Another reason for Sell is ELLIOT WAVE it has completed the Impulsive waves and Making its " B " corrective wave after that it will follow Sell trend to complete its " C "...
GOLD: We see the change of the global trend from downtrend to uptrend, as well as we timely determined the formation of the global uptrend channel and the points where you can look for a convenient entry into the market. We can say with a degree of probability that the market is in an uptrend and expect further growth. On the chart you can see how the price...
is xagusd going to find support here on the 6 month chart? - mid bollinger band - corrective poc from ATH to 2020 low - golden pocket retrace of the move up - candle apporaching fibo circle - diagonal breakout retest
$XAG - Silver! Where to next? Technical: CH down - Wedge/Triangle Break to either direction Enjoy TJ
Gold is forming an interesting picture. As we can see on the chart, today's price testing of the upper boundary of the downtrend resistance and support 1733 confirmed the presence of a wide uptrend channel on the chart. Let me remind you that earlier the price broke the global downtrend, which lasted quite a long time. The resistance level of 1752, which plays...
I’m bullish on silver. In 3-4 years we will see XagUsd above $100. Buy silver, silver stocks.
Hello,Traders! SILVER went down from the resistance Just as I predicted in my previous analysis But now it will soon retest a local Horizontal support from where A tiny rebound is possible Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Gold is trading within a sideways range of 1809.4 - 1765. The price continues to correct to the support zone. Earlier the price was able to break the global downtrend and we saw a strong move up to 1809 resistance. At the moment the price has moved into a consolidation phase. There is a support level ahead of the price, I believe it is an important boundary for...
Here we a potential buy at 1778 with a target of 1830 - 1837, stop loss below the low of 1773 We are looking for a bullish trend continuation from the .618 zone in the green box. Targeting the 1.618 extension & Daily time frame 50% confluence within the 1830's
looks awful. everyone was eyeing $18 as obvious support. looks incredibly weak here. think this dumps with xag and crypto. been eyeing arouund $15.60 for a good while now.
The situation is logical and interesting at the same time. The price breaks through the resistance of 1787.4 and consolidates above this level for a long time, making false breakdowns downwards. Under the price passes the formed ascending support line, above which the price is at the moment. The situation is stalemated by the fact that the price cannot go up...
Hello,Traders! SILVER has hit a horizontal resistance level And we are already seeing a bearish reaction Thus the pullback and a move down Are to be expected Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Silver - Intraday - We look to Buy at 20.09 (stop at 19.92) Preferred trade is to sell into rallies. There is scope for mild selling at the open but losses should be limited. Daily signals are mildly bullish. Further upside is expected although we prefer to set longs at our bespoke support levels at 20.10, resulting in improved risk/reward. Our profit targets...
Based on technical factors there is a Long position in : 📊 XAGUSD Silver 🔵 Long Now 20.49 🧯 Stop loss 20.17 🏹 Target 1 20.75 🏹 Target 2 20.95 🏹 Target 3 21.30 We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝