Today's Top pattern suggests the markets will melt upward in early trading, finding resistance, then rolling over into a moderate downtrend. A top pattern is very similar to a reversal pattern. Where price moves higher, finds a key resistance area, tops, and then rolls downward away from the resistance area. In today's video, I take a quick look at RSP, the...
The chart represents the price action of Silver (XAGUSD) on a weekly timeframe, spanning multiple decades, from the late 1970s to the present. It shows major price cycles, long-term support and resistance levels, and key price patterns. The chart is designed to highlight a large cup and handle formation that appears to be developing over a long period, potentially...
MACRO - Gold is not only benefiting from the prospect of rate cuts but the added uncertainty of lingering inflation concerns given the latest CPI/PPI numbers. If FOMC's rate cut looks anything like ECB's Gold will outperform in the week(s) ahead. TECHNICAL Gold has broken out of a tightening range and volatility is expanding. This trade set up will be valid...
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the SILVER pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️
Welcome to our daily SILVER prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 31.41813 Wish you good luck in trading to you all!
My honest opinion related to the next 2~3 trading days is - go take a few days off and wait out the markets for the next 48+ hours. I don't believe there will be much in terms of opportunity over the next 48-72 hours as price is likely to chop around near the top of the current FLAG. The real opportunity comes late Wednesday and into Thursday/Friday as price...
Monthly Reverse H&S and Re-Entry on weekly break trend line
Silver keeps rallying like crazy. The price was rapidly growing the entire last week. It managed to violate a significant horizontal daily resistance and close above that on Friday. With a high probability, the market will keep growing and reach 31.4 level soon. ❤️Please, support my work with like, thank you!❤️
Apple’s Cup and Handle pattern in the early 2000s is often cited as one of the most significant. After a prolonged downtrend, Apple formed a large cup with a handle from 2000 to 2005, which, after breaking out, has continued to appreciate to this very day. However, Apple's pattern is nothing compared to the current Cup & Handle pattern that exists in silver,...
SILVER: Key level here is 29.63 with the bias being bullish above. Retracement needed with support just below at the red box which will need to break to go lower. Have a look at the previous pinned posts on Red boxes to familiarise yourself with how they are so effective in keeping traders the right side of the markets. Please do support us by hitting the...
Hello Traders as I can see Silver Breaks Above $30.19 as Fed Rate Cuts Loom, Eyes $31.76 and $32.52 as Bullish Targets for the Week Ahead. Dollar Weakness and Gold Inflows Propel Silver Higher; Traders Await Fed's Upcoming Interest Rate Decision. Fed Rate Cut Expectations Soar: Markets See 57% Chance of 25-Basis-Point Cut, 43% Chance of a Bigger 50-Basis-Point...
My dear friends, Please, find my technical outlook for SILVER below: The price is coiling around a solid key level - 30.720 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 29.587 Safe Stop Loss - 31.354 About Used Indicators: The...
Price action rising from recent low towards short term resistance at 100 fib retrace level, with 728 to be next meaning full resistance. Price action supported by hidden bullish divergence, increased metal prices and a rising earnings profile. Action will be swift don't wait too long to buy.
The US dollar is trending lower. Rates are expected to be lowered. Unemployment number rising. Presidential election has candidates talking about give aways. War is still happening. China is in deflation. Banks are seeing credit card delinquency's rise. There are 2 "technical" patterns implying a 40 ish silver price if we continue to break out. And...
Hello,Traders! SILVER keeps growing And it is now locally Overbought so after The price hits the horizontal Resistance of 31.75$ We will be expecting a Local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Silver will continue next week after a confirmed breakout of a key daily horizontal resistance and a candle close above that. The price is now heading towards 31.24 resistance. ❤️Please, support my work with like, thank you!❤️
with POG at all time HIGHS! it's only natural that Junior Miners will follow. Here's my 10x! Good Luck and trade wisely =)!