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Silveranalysis

SILVER 4H : Under 22.73 will be downtrend againSILVER New forecast The price of silver begins today's trading with negativity, trying to break the 22.73 level and settle below it. By breaking it, it will head towards a shift in the direction to the downside, and we expect the bearish tendency to continue to test the 22.50 and 22.23 areas mainly. Therefore, we expect to witness further decline in the coming sessions, but on the condition of holding below 22.73, keeping in mind that a stabilized above 22.73 again will reactivate the bullish wave targeting the 23.12 level initially. The expect range trading for today it will be between resistance line 23.12 and support line 22.50 until stabilized . resistance line : 23.12 , 23.35 support line : 22.74 , 22.50 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDShort
by Arazmajeed
6
BluetonaFX - SILVER Range Zone SHORT to SupportHi Traders! Silver continues to trade in the range zone as it cannot break above the 23.765 resistance area. Price Action 📊 The current price action looks bearish. Market highs and lows have started to become lower due to numerous price rejections around the 23.765 level. The market also recently broke and closed below the 20 EMA, and there are opportunities to use the EMA as a focus point to sell rallies. Fundamental Analysis 📰 Ultimately, precious metals in general got hit this week, as the US dollar has rebounded quite a bit. Additionally, interest rates in America are picking up, which has offered a bit of a reason for investors and speculators to start selling precious metals.   Support 📉 22.292: PREVIOUS DAY'S LOW 20.678: 4 WEEK LOW Resistance 📈 22.838: PREVIOUS DAY'S HIGH 23.765: RANGE ZONE RESISTANCE Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly.
CAPITALCOM:SILVERShort
by BluetonaFX
1
Silver's Potential Head and Shoulders Formation Points to $25.00What a beautiful Heads And Shoulders is forming on Silver Chart ?! I've identified an intriguing development on the Silver chart, with a potential Head and Shoulders pattern in the making. Currently, we find ourselves at the second shoulder, marked around the 23.000 levels. If Silver manages to breach the critical 23.800 resistance, it could set a course for a significant upswing towards the coveted $25.000 mark. As we navigate the coming week, be mindful of economic events that might act as catalysts, bolstering the bullish momentum on the commodities charts. Stay tuned for potential price action that could propel Silver to new heights.
TVC:SILVERLong
by scipheord
SILVER 4H : Uptrend above 23.12SILVER New forecast The price of silver moved upward significantly in the las week , breaching the 23.12 level and stabilized above it, heading towards achieving expected gains during the coming sessions, on its way to mainly visiting the 23.35 and 23.49 level. Therefore the uptrend scenario will be remain valid and affective supported by moving average 50 supports the chances of achieving the expected rise, taking into account that breaking 23.12 and stability below it again will forced the price to formed the negative correction and will support the price to reach 22.73. The expect range trading for today it will be between resistance line 23.35 and support line 22.73 until stabilized . resistance line : 23.35 ,23.49 support line : 23.12 , 22.73 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDLong
by Arazmajeed
4
SILVER 4H : Under sell pressure SILVER New forecast The silver price found strong support formed at the breached resistance of the descending subsidiary channel, to test the pivotal resistance 23.12 now, and maintain its stability below it so far, which supports the chances of a downward bounce to resume the expected downward trend for the coming period, whose next main target is located at 22.73. Therefore, the downward trend scenario will be remain valid and affective and we continue to favor the downward trend in the immediate term, taking to account that breaching 23.12 will lead the price to achieve new gains so above 23.12 the price will try to retest before dropping. The expect range trading for today it will be between resistance line 23.35 and support line 22.23 until stabilized . Additionally ,Today News will affect the market . resistance line : 23.12 , 22.50 support line : 22.73 , 23.00 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDShort
by Arazmajeed
18
Silver Local BuyGood evening everyone! Don't forget to put your thumbs up and write comment if you like the idea. The price can continue its decline only if the conflict in the East is resolved, and it seems that I see that the conflict is still standing in one place (maybe I’m wrong) But the point is different. The Fed will no longer raise rates, this will affect the growth of precious metals, so it is advisable to gradually cover shorts and gain longs. In general, I now expect an impulse decline in the asset tomorrow on the news and then further growth
OANDA:XAGUSDLong
by airstels
SILVER 4H : Under sell pressureSILVER New forecast The price of silver achieved a clear break of the 22.73 level and ended yesterday’s trading below it, turning lower and heading towards visiting the 22.50 level as a next negative target, with the need to be aware that breaking this level will put pressure on the price to incur additional losses of up to 22.23 in the near term. Therefore the downward scenario will be remain valid and affective supported by the 50 moving average supports the continuation of the expected decline for today, which will remain in place unless the price is able to penetrate the 22.73 level and stabilize above it again. The expect range trading for today it will be between resistance line 22.73 and support line 22.23until stabilized . Additionally ,Today News will affect the market . support line : 22.50 , 22.23 resistance line : 22.73 , 23.00 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDShort
by Arazmajeed
SILVER 4H : War will support further rise upSILVER New forecast The price perfectly fulfills my last idea and price reached to our targets . The silver price tested the 22.73 level and maintains its stability above it after rebounded from the support level and rise up ,se we expect the price will be continue at the bullish tendency waiting to correction the price to resume the upward wave that targeting to the 23.35 level initially, remembering that breaching this level will extend the upward wave to targeting 23.49. therefore the upward trend will be remain valid and effective supported by Moving average 50 that is continues to support the suggested bullish wave, taking to account that stability under 22.73 will put the price under negative correction until 22.50 and then will be continue at the main bullish trend. also if price opened under 22.98 the price will try to start a correction . The expect range trading for today it will be between resistance line 23.35 and support line 22.73until stabilized . Additionally ,News will affect on the market . support line : 22.73, 22.50 resistance line : 23.35 , 23.50 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDLong
by Arazmajeed
8
SILVER 4H : Still bullish SILVER New forecast The silver price tested the 22.77 level and maintains its stability above it till now , noting that the price attacked that level many times and couldn't stabilized under it , waiting to stimulate the price to resume the upward wave that aims to test the 23.35 level initially, remembering that breaching this level will extend the upward wave to reach 23.49 but first its possible to retest to 22.98 and then will rise up . Moving average 50 still continues to support the suggested bullish wave, which will remain in place provided it remains above the 22.77 level, stabilized below the 22.77 will postponed the bullish attempts and put the price under sell pressure to visit the previous main support zone which is 22.50 level . The expect range trading for today it will be between resistance line 23.35 and support line 22.79 until stabilized . Additionally ,Today News will affect the market . support line : 22.77 , 22.50 resistance line : 23.35 , 23.50 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDLong
by Arazmajeed
SILVER 4H : try to retest and the rise upSILVER New forecast The silver price tested the 22.79 level and maintains its stability above it till now , noting that the price attacked that level many times and couldn't stabilized under it , waiting to stimulate the price to resume the upward wave that aims to test the 23.35 level initially, remembering that breaching this level will extend the upward wave to reach 23.49. Moving average 50 continues to support the suggested bullish wave, which will remain in place provided it remains above the 22.79 level, stabilized below the 22.79 will postponed the bullish attempts and put the price under sell pressure to visit the previous main support zone which is 22.50 level . The expect range trading for today it will be between resistance line 23.35 and support line 22.79 until stabilized . Additionally ,Today News will affect the market . support line : 22.79 , 22.50 resistance line : 23.35 , 23.50 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSD
by Arazmajeed
SILVER 4H : 22.79 Is important for today SILVER New forecast The silver price tested the 22.79 level and maintains its stability above it, noting that the technical indicators continue to get rid of the negative momentum, waiting to stimulate the price to resume the upward wave that aims to test the 23.35 level initially, remembering that breaching this level will extend the upward wave to reach 23.49. Moving average 50 continues to support the suggested bullish wave, which will remain in place provided it remains above the 22.79 level. The expect range trading for today it will be between resistance line 23.35 and support line 22.79 until stabilized . Additionally ,Today News will affect the market . support line : 22.79 , 22.50 resistance line : 23.35 , 23.50 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSD
by Arazmajeed
SILVER 4H : Waiting for second target SILVER New forecast The price perfectly fulfills my last idea and price reached to our target waiting to reach the second target . The silver price succeeded in achieving our expected target at 22.88, and begins the day with additional positivity to penetrate this level and attempt to hold above it, which supports expectations for the continuation of the upward trend and achieving additional gains reaching 23.35 and 23.50. Therefore, the bullish trend scenario will remain dominant during the coming sessions, influenced by the positive pattern whose features appear in the chart above, keeping in mind that to consolidate under 22.88 will put the price under negative pressure, mainly targeting testing the 22.50 areas. The expect range trading for today it will be between resistance line 23.50 and support line 22.88until stabilized Additionally ,Today News will affect the market . support line : 22.88 , 22.50 resistance line : 23.35 , 23.50 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDLong
by Arazmajeed
4
SILVER 4H : After correction trying to rise upSILVER New forecast The price perfectly fulfills my last idea . The price of silver fluctuates with slight negativity to approach the pivotal support 22.23, and it rebounds from it and will settle above the resistance 22.50, waiting to stimulate the price to resume the expected upward trend for the coming period, whose next target is at 22.88 and 23.35. Therefore, the positive scenario will remain in place, supported by the moving average 50, keeping in mind that breaking 22.23 will nullify the positive combination that supports the proposed upward trend and put pressure on the price to decline again. The expect range trading for today it will be between resistance line 22.88 and support line 22.23 until stabilized Additionally ,Today News will affect the market . support line : 22.50 , 22.23 resistance line : 22.88 , 23.35 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDLong
by Arazmajeed
4
Silver I Potential upside Hello,Traders! . . . . . XAGUSD (Silver) is trading in a downtrend on the daily and sitting right below the 50 MA. After the recent decline and consecutive rejection at 20.73, price has been pushing upward in an impulse, correction phase. It is currently rejecting the 32% fib after the impulse rise from 21.77. All signs are pointing to more upside at the moment with a potential target to resistance 23.50 Trade safe and good luck! Like, comment and subscribe to help us grow! Check out other forecasts below too!
FXOPEN:XAGUSDLong
by BKTradingAcademy
2
SILVER 4H : 22.23 Support to rise upSILVER New forecast The price perfectly fulfills my last idea and price reached to our target . The price of silver was able to cross the 22.25 level to confirm the continuation of the dominance of the upward trend, and the way is open to achieving our new positive target, which is located at 22.88, noting that the previously completed positive pattern has positive targets that exceed the last level to reach the 23.50 areas. Therefore, the upward trend will remain effective for the coming period, keeping in mind that breaking 22.23 will stop the expected rise and put the price under negative pressure in the immediate term. The expect range trading for today it will be between resistance line 22.88 and support line 22.23 until stabilized Additionally ,Today News will affect the market . support line : 22.50 , 22.23 resistance line : 22.88 , 23.35 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDLong
by Arazmajeed
Macro Monday 16~SIlver 2nd in RecessionMacro Monday 16 Silver Performance During and Immediately Post-Recession Over the past few weeks I have heard many financial analysts recommending holding Gold and Silver for protection against a recession scenario or at least holding some bullion as a diversifier or insurance against currency risk. Today’s Silver Chart and Golds Chart from last weeks Macro Monday are aimed at identifying how good these assets performed during the last 8 recessions. Last week we covered how gold performed during the last 8 recessions and discovered that gold provides an average return of +7.3% during recession periods whilst the S&P500 averaged a -35.6% decline. It is important to note that Gold’s price declined by -9.3% and -6.3% during 2 of the last 8 recessions, however it performed better than the S&P500 in both those scenarios during which the S&P500 declined -12.7% and -16.3% respectively. Last week’s chart of Gold demonstrated that it can offer protection during recessions whilst also potentially offering an average +7.3% return over those period. The Chart Interestingly Silver does not appear to be as protective as Gold during recession periods however it appears to make positive moves post-recession which is valuable to know as timing your silver allocation later in a recession cycle could be benefit your portfolio; 1. During 6 out of the last 8 recession periods Silver has declined in price by an average of -9%. - This is a lessor performance to Golds positive average of +7.3% over the same period. - However, Silver declines less than S&P500 which declines on average -35.6% over these same recessionary periods 2. Within a 6 months immediately post-recession Silver has increased in price 7 out of 8 times by an average of +18% (blue areas on chart) - This provides an argument for diversifying a portion of your gold or cash position into Silver late in a recession or at the end of a recession period. - Obviously timing this would be difficult however, if you had a Gold position that increased between +7 – 10% during what you believe to be a recession period, it could be beneficial to start allocating a portion of that position to Silver based on the average +18% potential within 6 months after the recession ends. There is no guarantee of course. The Silver Second Allocation Approach Based on the price history of Gold and Silver over the last 8 recessions there is an argument to not hold silver at the onset and/or during the recession itself (as silver declines -9% on avg during the recession period). At the onset and during a recession Gold has a much better record with an average return of +7.3% however, Silver can offer significant returns in the 6 months post-recession with an average return of 18%, thus as we wade closer to the end of a recession an allocation into Silver could put you on the right side of probability. No Guarantees. The Silver Long Hold Approach Interestingly if you check the data chart which I will share in the comments, you will see that Silvers overall performance (recession periods including the 6 months post-recession period) is positive with an average of +9.1%. In other words, if you held Silver through the recession period and the 6 months post-recession, the average return is 9.1%. Amazing what an additional 6 months of patience can achieve. This is where there is a potential argument to hold silver from the outset of a recession if you intend to hold it that 6 months post-recession. When you check Silvers post-recession performance (6 months post-recession), it can historically increase as high as +50.6% thus a Silver allocation does offer that upside potential that Gold does not. This adds to the Silver Long Hold Approach argument however this has to be weighed against a potential -58.3% decline during the recession period (also evident on the chart as the opposite extreme). Final Word The safety in Gold during a recession is attractive and the post-recession potential return in silver is hard to ignore. Silver can go down or sideways when gold first starts to increase, this has been the case historically and often gold increases for 18 – 24 months before silver really starts to move and catch up (I will follow up this point with a chart). I myself lean towards a later recession allocation to silver, lets say we get a 14 - 20% drop in silver with a 5 - 7.3% increase in gold, this could be a window to start building your smaller silver position from your gold or cash holding but for me, the silver position will always be smaller and allocated late into a recession. I want to emphasize there is no right approach, these are just considerations worth pondering about Gold and Silver portfolio allocations during recessions. The ultimate decision is up to you. I hope both the gold and silver chart provide you with some perspective and help keep you on the right side of probability. PUKA
OANDA:XAGUSD
by PukaCharts
2