Get started

Silverforecast

SILVER forecast - went into correction mode and might extend furSilver is witnessing quite a huge dip today, opened gap down below the support area, seeing further massive sell-off , this correction might extend further as i see a probability of cypher pattern on the daily chart and the support of cypher pattern also aligns with weekly support around 64810- 63000. Hence , even if we se any rally in the coming trading session , it might get consumed in another selloff. Conclusion : short term trend is definitely bearish, but intermediate and long and long term trend is still bullish, so as a investor one can wait for 65000 - 63000 levels as an investment zone.
MCX:SILVER1!Short
by manuagarwal21
Silver Launch Pad is Being SetSilver has long been a favorite of mine to trade. In the past few months, it has taken a nice breather creating what looks to be a consolidation pattern before an eventual move up. Gold seems to have created a double bottom this past week and I believe Silver is in the process of making a reversal from its recent slide down. f you zoom in on the daily chart, you will see a nice falling wedge reversal pattern forming. In the long run, I still expect Silver to push towards $100, but in the short term, $35 is our next target resistance level.
TVC:SILVERLong
by CryptoSyphn
Silver / Long Idea Ever since the Lehman Brothers collapse prompted central banks to cut interest rates and implement round after round of “quantitative easing” commentators have been forecasting that gold will hit $5,000 an ounce and silver $100 an ounce. Pointing to the high inflation that was experienced in the US in the 1970’s that caused gold and silver to skyrocket back then, many are drawing parallels stating that all of this quantitative easing will end with a similar high inflation environment. If and when this does materialize, precious metals are expected to rise exponentially. However, the question of “when” this will occur is currently up for debate. While there have been some recent signs of inflation, it yet remains to be seen whether we have truly entered an inflationary environment or whether this just a temporary blip brought on by the shock to the supply chain caused by the Coronavirus. As we all remember far too well, by April 2020 most of the worlds factories had been forced to shutdown due to the spread of COVID. When certain factories deemed to be crucial for “essential businesses” were allowed to be re-opened, many of them re-opened on a drastically reduced capacity based on the expectation that consumers would shut their wallets and not be spending money. However, the complete opposite happened. Those that were fortunate enough to maintain employment could not spend their discretionary income on travel and entertainment so directed their money towards home renovation projects which were also bolstered by record low mortgage interest rates. This contributed to record high prices for Lumber in the US and manufacturers such as Stanley Black and Decker being caught flat footed by cutting back production only to learn later that consumer demand for tools and equipment was exceptionally high. While the above had lead to inflation, it is yet to be seen when manufacturing capacity returns to normal, and consumers can spend money again on travel and entertainment, is this inflation temporary or is it just the spark that has lit the inflationary fuse. It may however be many years before the inflation that has been warned about for the last thirteen years begins to materialize. And while gold is arguably the most popular precious metal, it needs the inflationary narrative to continue for the price of gold to appreciate. To position ourselves accordingly, I am choosing Silver to protect My portfolio from inflation if and when inflation does come screaming back but also choose a precious metal that can capitalize on a post-covid economic recovery. Good Luck
TVC:SILVERLong
by SaraSadki
3
💡SILVER (XAGUSD) - Weekly Technical Analysis Update Midterm forecast: 25.75 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 25.75 is broken. Technical analysis: A trough is formed in daily chart at 23.75 on 03/31/2021, so more gains to resistance(s) 28.30, 29.85, 33.45 and more heights is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 64. Take Profits: TP1 @ 25.75 TP2 @ 26.60 TP3 @ 28.30 TP4 @ 29.85 TP5 @ 33.45 TP6 @ 37.50 TP7 @ 44.20 TP8 @ 49.80 ❤️ 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 comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FOREXCOM:XAGUSDLong
by ForecastCity
7
Silver - are u ready to buy?The price made a good squeezing near the key level and finally broke through it. I expect on retest to 26,65. Only in that case, I'll buy. Don't forget about SL. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
TVC:SILVERLong
by Yuriy_Bishko
11
XAGUSD (SILVER) SELLING FROM RESISTANCE ZONE !As i can see silver is getting rejection from the drawn resistance zone in chart and now looking for a retrace to till design Tp as we can see $ is getting some Strength and we will sell this pair with a very low risk and looking for a higher rewards selling silver is based on the given chart and it is pretty easy to get understand even for a new trader hope so u like this idea Dont forget to push like it will be a great effort for us & help us to provide u more analysis Follow us for more updates
OANDA:XAGUSDShort
by APEX_TRADING_ACADMEY