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Silverlong

Updated Silver AnalysisLooks like my previous look on silver was wrong. Looks like it is still within a wedge and we are looking for a breakout within the next few months. After the breakout I'd fully expect to see at silver at a minimum of $50 an ounce. Personally, I'm seeing costs of goods go up higher than that currently, with the addition of increased labor rates, some raw materials are close to 3x what they were a year ago. It's only a matter of time before silver does the same.
TVC:SILVERLong
by thephysicsguy1
SILVER - Test will be at 28.8 $CPI data coming up this week (tomorrow) and safe havens could be ready for a flight. Methodology. A consumer price index ( CPI ) is a measure of the average price of a fixed basket consumer goods and services purchased by households. It is one of several price indices calculated by national statistical agencies. The percent change in the CPI is a measure of inflation . Understanding Safe Havens A safe haven investment diversifies an investor’s portfolio and is beneficial in times of market volatility. Most times, when the market rises or falls, it is for a short period of time. However, there are times, such as during an economic recession, when the downturn of the market is prolonged. When the market is in turmoil, the market value of most investments falls steeply. One Love, the FXPROFESSOR
OANDA:XAGUSDLong
by FX_Professor
1
SILVER (XAGUSD) | The safest target to climb🎯Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. The counting shows that in general a forward motion has been formed which may be for wave 1 or a and wave 2 or b, and now we have entered a new phase by breaking the channel related to the term. This trend may be for wave 3 or c. However, we assume that these waves are related to wave-1, and that this wave 1 has completed its 1, 2, and 3 microwaves, and now that it is in the range of 26,500, it can be said that this prz range is a harmonic pattern. It has formed its 4th wave, this 4th wave is probably formed in the form of a zigzag and this zigzag breaks the black channel downwards and moves up to half of the blue channel and then prepares to form the 5th wave. This analysis is just a possibility and has no validity. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
FX_IDC:XAGUSD
by mahdisoltaninjad
11
XAGUSD LONG - Buy Entry - D1 ChartXAGUSD LONG - Buy Entry - D1 Chart Buy @ Market Symbol: XAGUSD Silver Timeframe: D1 Type: BUY Entry Price: Buy @ Market TP - Resistance @ 26.678 Resistance @ 25.539 PP Y1 - Pivot Point Yearly @ 24.9373 Support @ 24.581 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍 ✅ If you have any feedback or questions, please leave a comment below as I answer each comment 💬 ✅ Wishing you enjoyable successful trading 🙏
XLong
by UnknownUnicorn35780991