Looking at some bearish indicator driven by US 10yr bonds. I do expect that the support levels will break soon and silver catching up with the price of gold. 🎯 If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the...
Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. The wave count performed for the silver weekly time creates several movement scenarios, but in all of these scenarios an upward movement the size of wave (1) is confirmed in the current analysis. In the current...
Here we have the silver against the usd which is at the dawn of a breakout. On the chart we see that at 31.25100 the silver will surpass a high point dating from 2011. If it is heading towards its old ATH of $ 49.81, it will enter a price discovery phase after 10 years of consolidation and accumulation. There is a lot of potential on this chart. I will take this...
XAG/USD (SILVER) will push lower to make a new low below $22.6 and after that, it can push a little bit higher, but not above $23.7. Then it will go for one deep correction as a continuation of wave (2). In the alternative scenario (marked by red alpha numerals), we have already finished wave (2) @ $21.4. So right now, it's running expanded flat, and will soon...
Idea for silver, demonstrating the Head and Shoulders pattern that has repeated itself throughout a bull market and into the next bear market Points in grey box are very similar also As we have just finished forming the right shoulder, it is likely that price will decline, furthering the bear market for silver
As the 1D MA50 (blue trend-line) has been supporting Silver since late October, it is a good time for me to update my outlook on the metal. So far my September 30 trading plan remains valid: As you see we caught the market bottom on that exact date and the price has been rising ever since, creating an Inverse Head and Shoulders pattern in the process, which...
Hello,Traders! SILVER is falling massively And the price is down by 8% from the local high already Which is a lot, and I think that Silver is oversold Also, a strong horizontal support level is below And I think that once retested We will see a rebound and a bullish correction from the level To retest the local resistance above Buy! Like, comment and...
i think metals will go up if covid situtation doesnt handdle by goverments if it can stay between chanells will go up to the next box
XAGUSD seems to have completed a head and shoulders pattern on its daily chart, it has also made extensive bullish moves which are now being supported at a resistance turned support. We strongly believe that XAG could become highly bullish based on everything we see in the charts right now. Some more downside could occur, but it shouldn't drop further than the...
Silver, at the parallel channel it try to make bullish to stable upward direction. Upward Target 25.11
✅SILVER broke yet another horizontal structure Which indicates the inexhaustible strength of the bulls Thus reinforcing my bullish bias And I think that the price will keep going up from the level LONG🚀 ✅Like and subscribe to never miss a new idea!✅
I see inverted head and shoulders pattern. I will wait for retest to go long.
Hello,Traders! SILVER is super bullish now And the price broke a key horizontal level Then retested it and is going up again now So I am bullish on Silver too And I am expecting bullish continuation Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Silver is coming back up off the yearly lows and has painted an inverse Head & Shoulders pattern which is now breaking out on the daily timeframe. This has been triggered in part by yesterday's US Inflation rate data (YoY was 6.2% - the highest annual pace since Nov 1990). Similar price action can also be observed in other inflation hedges such as Gold and BTC...
Gold and Silver have both surged higher on the back of soaring US inflation and have reclaimed their status as inflation hedges after many months of not moving on Inflation data. Gold moved $40 higher and Silver $1.80 as US printed 6.2% Y/Y headline inflation for October. The Inflation debate is likely to remain for many months and each time its affirmed should...
XAGUSD (Silver) Diagonal Trend Line Horizontal Support Resistance Line EMA 10 EMA 20
Wow! So beautiful chart in 1w, after break black descending trendline I expect black line scenario until 2024. This chart will come true after the global vaccination and the growth of the industrial production of the countries.