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Silveranalysis

SILVER - XAG - Why I m BEARISH - FULL SETUPSilver is one step away from reaching resistance on the MONTHLY, it has increased a lot, a lot, but it will soon reach the area where many will close their profits. There are many institutions that take profit in this area, so this area will become more and more difficult to hold and thus it will weaken a lot, in addition, RSI is super overbought and this shows that interest will soon decrease if the price does not have a serious correction. I saw the first step on Friday when it rejected the support on the Weekly chart and fell quite nicely, but I have a SELL order above which is safer and could produce a nice profit.
CAPITALCOM:SILVERShort
by sfc95
Silver (XAGUSD): Important Breakout & What is Next 🪙 Bulls keep pushing Silver for the last 3 weeks. The market managed to break multiple key daily structures. Last week, the price successfully violated 23.98 - 24.64 supply cluster. The broken structure turned into a demand zone. Because the market is currently quite overbought, I will expect the accumulation of buying volumes within the underlined area and a consequent bullish continuation to 25.85 level. ❤️Please, support my work with like, thank you!❤️
OANDA:XAGUSDLong
by VasilyTrader
4
Silver set to explode. According to my Elliott wave analysis, Silver is in the early stages of a third impulsive wave, which is part of a larger third impulsive wave. This is the most explosive wave, with significant price gains expected. The recent breakthrough of a crucial Fibonacci resistance level at $24.66 confirms this outlook. With this level breached, silver now has a clear path to reach $45 in the coming months, with a potential fifth impulse wave pushing it to around $83. Brace for some serious excitement in the coming months!
TVC:SILVERLong
by joerivdpol
silver It will rise again soon After the adjustment, it will rise again Silver exceeds 24.62 in front. It is trapped in the adjustment stage. This is just to go further. You can further develop in the short term, so many head views will not change. It is recommended to buy 24.62, risk control 24.46 and target 25.10 ~ 25.30 to 25.50. The chart is 4H picture The bullishness is based on the following reasons: 1. Yesterday, silver showed signs of blocking. In the short term, this is just a correction. 2. According to the update of the wave trading system, the rise of 3 waves 1 has not yet ended, and it has entered the rise of Sub -Wave 5. 3. The pressure within a day is 25.30-25.50, 24.63-24.46 support Question little assistant What should I do if I feel stressed when doing transactions? In my trading career, I have encountered a lot of frustration and pressure. However, I realized that the mentality determines everything. So when I encounter losses, I will spend time to analyze the problem of trading strategies. At the same time, I will also find some ways to regulate emotions, such as chatting with friends, reading, exercise, etc., and do something to relax myself. When my mentality is relatively low, I will also suggest myself, tell myself to relax, don't be too anxious, to correct the irritable side of my personality. With a subtle way, my mentality was slowly improved under my long -term deliberate adjustment. Even if it is a period of decay, it will not be as uncomfortable as dying. It is just a small stimulus like a current. It feels a bit uncomfortable, but you can still adhere to your own trading strategy. TVC:SILVER MCX:SILVER1! COMEX:SI1!
TVC:SILVERLong
by CheetahAttack
SILVER - Good Opportunity Hi, this is my new update for Silver. Finally today we have broken one of the biggest trendline in the history of Silver. In the past 2 years we have been stuck under this trendline and after testing it for the 6th time we finally see a good breakout, but not everything is certain right now. Two months ago I told you guys that we are in a "bullish expanding triangle" and I expect we are going to see a breakout and now it is time to see if this breakout holds. First we have to test the resistance between 25.80 - 26.50$ and at the same time we are testing the 70.2% Fibonacci retracement level. I expect after we have tested those levels we are going to backtest the trendline and the support level around 24.30$ and if these levels holds that indicates the we have a valid bullish expanding triangle and we are going much higher. At the same time we are in an overbought area in RSI chart and if everything I explained above happens I think we are going to see the RSI test the bullish area of 40 levels and it is going to bounce from that area. Also good to see that we are getting back bullish momentum on weekly and monthly timeframes.
TVC:SILVER
by GOAT1375
Silver Futures March April Challange Hello my friends! How is going your trading week? I hope that is doing well, anyways lets talk about this operation! Bulish: We are preparing for a trend continuation after the break of the resistance level that we are currently in, for entrys we gonna wait a strong candle, a pattern cadle or something like that. Bearish: Here for the bearish operation we are waiting a retest in our candle, rejecting the resitance level and then going back to support, we gonna also pay attetion if the price after the retest in the resistance will not go directly to the next suport zone, but is gonna restest at a fib level.
COMEX:SI1!
by CherPetitPrince