Silver Will Rise Soon Silver will rise after meeting daily order block and go to liquidate zone area above last top.
Silverlong
SLV watch for long I'm watching for Silver to put in a green bar below the bottom Bollinger, for the RSI to fall below 30, and for the Blue line to cross the Red one on the MACD.. then I'm buying call options at the 23 Strike 2 months out.
SILVER top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
SILVER (XAGUSD): Important Decision Ahead! Your Plan: 🪙
Swing analysis on Silver.
Price action & directional bias.
Key levels & thoughts.
Trading recommendations for you.
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SILVER Amazing Repeating Rejection PatternLabelled A,B,C corresponding to the three rejection points
It is truly an amazing point comparison of rejection points, the best ive seen
Another point in the green oval can be seen also
XAGUSD with a possible strong bullish playXAGUSD seems to have completed a head and shoulders pattern on its daily chart, it has also made extensive bullish moves which are now being supported at a resistance turned support.
We strongly believe that XAG could become highly bullish based on everything we see in the charts right now.
Some more downside could occur, but it shouldn't drop further than the 24,329 area.
We have already started building a bullish position here and will be adding on it with every opportunity, unless we see reasons that our bullish analysis is fialing.
Silver has changed trend, it will rise and target 28.20000Price was in a strong downtrend as from May 2021,
as in October price strongly broke out of the downtrend phase and began to trend up.
My expectation is that price will continue to rise higher.
Bullish confirmations should be watched for buy entries.
Gold BULLISHBroke out of Aug 2020 triangle pattern. Retest now or not, it will be a good trade here. Not to mention brilliant fundamentals with the impending inflationary explosion.
Silver Price Forecast - Cup & Handle In SightToday I am review the Silver price (precious metal per oz) forecast. The multi-year chart is on an annual (12M) basis on a linear scale.
After 40 years, the Silver price formed a cup and handle pattern since 1980. This is incredible. Unfortunately the price has not broken out yet and it seems in 2021, the price is still below the trendline of the pattern.
As the price took 40 years to get to this point, it will take time for a breakout. Assuming the price breaks out, the target price from this pattern is about $60. That would be a 146% gain. This may take more than a decade to happen though.
In 2011, the price created an all time high at around $50, but also created a shooting star candle which is bearish. This brought the price down to create the handle of the cup and handle pattern.
Lastly, the Fibonacci Extension level brings the target price to 1.618, which is the Golden Ratio.
Keep in mind that it took the price 40 years to get to this bullish pattern of cup and handle, so expect the price increase to take a very long to reach the target (unless of a catalyst event that may occur).
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Silver will hit $50 by Autumn 2022The time it took for silver to drop from $50 down to the consolidation phase was 770 days. I predict a similiar amount of time will be required to take the price back to old highs.
The rough arc pattern tends to agree and the major and medium support lines are keeping the price in control for now.
My expectation as inflation becomes uncontrollable, the silver price will explode next year and new highs will be made the following year.
Silver Playing A PullbackIn this update we review the current price pattern in Silver and identify a high probability trading opportunity
SILVER (XAGUSD) One More Breakout 🪙
Hey traders,
Bullish rally on Silver continues.
Yesterday the price broke and closed above a major daily supply zone.
Now 24.4 - 24.9 is a demand area from where I will look for buying opportunities.
Next strong resistance is 25.7 - 26.0 zone.
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BUY SILVER AROUND 66666 TGT 72300/76000 AVG@65000 SL BELOW 64000Silver is making a inverse head and shoulder on the daily chart and currently 200 Dma is a acting as resistance. If it sustains above the 200 DMA then we can have a breakthrough above the neckline for further bullish momentum.
Silver Bullish PatternAs it clearly seems,in short term AGXUSD emerged a head and shoulders pattern, so it would be a good bullish position by considering 22.5$ as LP an 28$ as TP. Also it has high potential to raise until 50$ if it breaks the channel and makes a flag pattern.
Silver- My target remains 28As you may have noticed, I'm strongly bullish Gold&Silver and in Silver cases, I draw attention to a possible H&S a few days ago.
At this moment the pattern is complete and we also can consider the neck-line broken.
I expect continuation to the up-side and only Silver back under 23.50 would change my bullish outlook
Xagusd has formed inverse hesd and shoulders. XAGUSD has formed an inverse head and shoulders in daily timeframe which is strong indicator that the price will reach higher levels.
First Majestic: Happy! 🥰🥰🥰It is increasingly looking good for the First Majestic stock, as the price is further moving away from its support at $12.56. Below that mark, we would experience a decline under $10. However, we trust the bulls here to make significant advances and push the price above $33.
Silver is the new gold!
Silver- Will it reach 28 by year's end. IMO, it willIn my previous Silver analysis, I've argued that 23 is a strong buy zone and the price reversed exactly from that zone, putting in a Pin Bar on our daily chart.
As in Gold's case, Thursday and Friday the price rose and at this moment Silver is rising towards resistance.
This resistance can very well be the neck-line of an H&S pattern and a break here would expose important 28 zone resistance.
IMO the end of the year will be bullish for PMs and also a long trade for XagUsd with 28 target would have a 1:3 R:R
$28 FOR SILVERFollow for head and shoulders. The formation target is the resistance of the horizontal movement band.
Silver Hi
In advance assuming that SILVER is doing a INVERSE HEAD & SHOULDER as of now this pattern is in formation so still we have to wait & watch in silver for big bull run in it or if it start trading above 24.82 then it means silver moving toward 28.00 level.
Make a note that this courter is not good for short......wait & watch to go long in it.
Enjoy....!!!
Silver- Where to buy? After it has reached 24.70 zone resistance, Silver has started to correct October's rally and is trading now at 23.43.
Slightly under 23 is strong confluence support given by 61% Fibo and horizontal support and here we can look for opportunities to buy the market for a revisit of resistance.
XAGUSD might go upXAGUSD moves inside the trend lines, and has bounced off from bottom line and might continue upward.
Please do your own research before entering in any position.
