Silverforecast
XAG/USD: LONG trade setupit is about to turn extremely volatile. but the destiny to take this one uP
SILVER - UpdateThe breakout call was accurate and saw an explosive rally (see link to related ideas).
Price is currently consolidating.
Looking back to old charts and buys SILVER still lot of room I bought on 4th of September 2018 my first physical silver, since then we are currently up 92%, and yet there is much more to come. Free money printed by goverments everywhere, we have atleast 3 more months of absolute shit growth ahead of us. GL to all.
DO NOT SHORT ANY MARKETS
$18.90 Last Resistance Two different bull patterns. 1st the falling wedge in blue, which has completed its full 5 count now, after a false breakout last year. The second pattern is a triple bottom in Red. Target price for the blue falling wedge is $25 an ounce. The red triple bottom is $28 an ounce.
Silver - Here We GoThe price of Silver is set to make a run and like Gold, the macro fib extension is the road map.
The log scale weekly chart is a great way to illustrate just how far it could get. Looks to me if price can break out to all time highs, traders would target $88 and possibly $135.
silverHello traders, here is the analysis from our team :
We feel; These area's. Will give best results for scalp buys, Or Sells.
#1 Sell @ ooo
#2 Buy@ 23.080
* Futures sometimes run in one direction during Day. *
So. If no Momentum, Or pullback in these area's for 7/27/2020.
Void trade. We like 130 pip Sl/Target. Take profit 5 to 130 pips, Move
STOP LOSS UP WHEN YOU CAN.
Let us know in the comment section below if you have any questions.😉
Let us know in the comment section below if you have any questions.😉
SILVER is in a BULLISH FLAG !SILVER is in a BULLISH FLAG !
Extracted two measurements for two possible pole measurements..
TVC:SILVER
SilverBuy Silver using three Trend lines yellow, green and red trend lines . Buy at 19.3 price near the green line .Target of 19.98 around 3.51% - Yellow line. Stop Loss is the red line around 0.45% If it starts breaking the red trend line . You can also take a Short Position when it crosses red line. . Then it can go Down. Also RSI there seems more room for upward movement. For risk of 0.45 % there is an upside of 3.51%
SILVER IDEA 2020 - 2025Silver looks to be breaking out of a shorterm downward resistance and has recoved from a false breakdown of the primary support line. It looks to me as if the next target will be $21.25 before a pullback occurs bouncing off the converging lines, before a breakout to $26.25 and another consolidation before reaching new highs of $50 and beyond later in the decade.
Update: Still Bullish Silver still has a long way to go! 2 key resistance levels to keep an eye out for(#1, #2) & Silver is still current within a rising wedge(#3).
Something To Be Consider: There is a good probability that Silver might repeat what happened in March due to another Economic shutdown of Businesses so set your STOP LOSSES just to be safe! BUT... Silver will recover just as fast so no reason to cause 'FUD'.
Enjoy The Profits Guys :D!
Silver -- market Analysis -- going up and up Hy! Smart Trader, Welcome to My Analysis and forecasting Section on Trading view.
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SILVER USD DOLLAR HORLY CHART FOR TRADE NEXT WEEKAs we seen in chart Silver trade in support resistance levels for last few days....on next week if silver sustain above 17.629 level then we go long for the target of 18.160 and 18.657 ..... If silver break its support lave of 16.504 then we go short for the target of 15.884.
Taking Profit. 15% (SILVER)Silver looks really good on the large timeframes but I will be exiting here for a nice 15% move.
The 12hr and daily look to be retracing as we fire red in a potential rising wedge.
Will try to capture a re entry on a pullback. I want to take these profits and reinvest into some other good trend reversals that I see from other options.
Will look for the next crossover on these timeframes for re entry. If we bleed out and break support we can look for a big short out of the wedge channel.
Have an awesome day! 😁
🥇 MLT | PRO TRADERS
Keep Breaking Levels. (SILVER)Current channel proceeding with no slowing down after breaking up for the high highs.
This position is going well. Love this price movement as the candles fire green!
Let's keep it running bulls!
Have an awesome day 😁
Silver Crash, confirming future Gold CrashMajor Events about to happen, I decided to start by analysing silver which will confirm the expected drop on Gold we have been waiting for weeks now. The Monthly chart tells me we are in liquidation phase with all the crazyness happening arround the world, some think we are now recovering with many business opening and due to Gold / silver being a safe haven it will keep uptrending to 2000€ as we see in many news out there. I also believe gold will reach that target in a long term as Silver reaching 40€, but not before a major crash. A wave down will happen with all the shortage in the past time we saw on #DXY it will now rally to 111+ area, maybe 120 top target . This means Gold, Silver, US30, SP500 will all have a drop which I call the liquidation Phase. Fed extreme top will be the 111+ area for #DXY
For Silver i Suggest a Sell at market open SL 17$ first tp 12$ , 2 tp 10$ , 3 tp 8$
For Gold a sell from the top 1722 I added last week,
but if we see another rally up before the drop, Add another sell from 1705/1715 area Sl 1750 TP 1650 / 1600 /1550
Remember this is a Swing trade, If you want analysis for day trading Pm
New Fibonacci Silver Spot Price Prediction for May 7 2020Liking a long position on Silver at the moment. The .786 fib retracement back to approximately $17.2.
This Price Target looks to be primed for a profitable long trade. J AMEX:SILV CURRENCYCOM:SILVER TVC:SILVER FX_IDC:XAGUSD
Silver may have some ways to go before it breaks out.Silver seems to be forming a bullish downward trending flag pattern, which is bullish to the upside. It will break out eventually, probably when we exit this deflationary period due to the virus and we enter the high inflationary period that follows due to intense monetary stimulus which as preceded.
