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Silverlong

SILVER SYMMETRICAL PATTERNHello Welcome to this analysis about SILVER , we are looking at daily timeframe perspectives. SILVER in recent times heavily decreased with bearishness however it now moved into an oversold condition. SILVER is developing here that will be a decisive factor in the upcoming times. I discovered the main formation SILVER is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how SILVER has emerged with this key SILVER SYMMETRICAL PATTERN marked in my chart with the black boundaries. SILVER is near support region which is an important support and also psychological support-mark together with the lower-boundary of the SILVER SYMMETRICAL PATTERN a pullback In this manner, thank you for watching my update-analysis about SILVER and its major SILVER SYMMETRICAL PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
TVC:SILVERLong
by shanechart
SILVER SYMMETRICAL PATTERNHello Welcome to this analysis about SILVER , we are looking at daily timeframe perspectives. SILVER in recent times heavily decreased with bearishness however it now moved into an oversold condition. SILVER is developing here that will be a decisive factor in the upcoming times. I discovered the main formation SILVER is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how SILVER has emerged with this key SILVER SYMMETRICAL PATTERN marked in my chart with the black boundaries. SILVER is near support region which is an important support and also psychological support-mark together with the lower-boundary of the SILVER SYMMETRICAL PATTERN a pullback In this manner, thank you for watching my update-analysis about SILVER and its major SILVER SYMMETRICAL PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
TVC:SILVERLong
by shanechart
SILVER HARMONIC PATTERNHello Welcome to this analysis about Silver, we are looking at daily timeframe perspectives. Silver in recent times heavily decreased with bearishness however it now moved into an oversold condition. As when looking at my chart now we can watch there how silver has emerged with this key AB =CD harmonic pattern marked in my chart. Silver is Active Harmonic B point In this manner, thank you for watching my update-analysis about SILVER and its SILVER Harmonic Pattern. support the analysis with a like and follow or comment for more market insight!
TVC:SILVERLong
by shanechart
SILVER FALLING PATTERNHello Welcome to this analysis about SILVER , we are looking at daily timeframe perspectives. SILVER is developing here that will be a decisive factor in the upcoming times. I discovered the main formation SILVER is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how SILVER has emerged with this key channel pattern marked in my chart with boundaries. which is an important Support and also psychological support-mark together with the lower-boundary of the channel-formation a pullback In this manner, thank you for watching my update-analysis about SILVER and its major channel-formation with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
TVC:SILVERLong
by shanechart
Silver Still Downtrend, But Breaking Above 24.60 Possibly BuySilver and gold have the same co-relation with USD. Silver is mostly followed by gold from every fundamental aspect. Technically, Silver is still holding below the descending trend line, which means It is still in a downtrend. but marketing is trying to break descending trendline. Breaking and stable above 25.60 price zone will confirm the breaking downtrend. We may go for buy silver if we see US job market report falls than forecast. especially, NFP and average hourly earnings is important for silver whether it is going to buy mode again. Keep in mind, we may see another fake break-out as well. if silver breaks above the descending trend-line before the high volatile news come-out may go for a short-term uptrend. but after releasing the job market report if the reports beat the market expectation, silver will drop again. in that case, we will see a fake break out. so, don't rush just watching breaking and buy with full energy. let the market digest the US job market report and follow your analysis. Technically, from the present silver market price, 24.60 is the immediate resistance. breaking above the 24.60 price zone will open the door for the 25.60 price zone. Finally, the worse us job market report may open the door for the 28.00 price zone. Stop-loss should be below the 22.60 price zone.
TVC:SILVERLong
by Gold_Trading_Expert
SILVER:FUNDAMENTAL ANALYSIS+PRICE ACTION|NEXT TARGET|LONG🔔Inflationary pressures remain elevated, as evident in last week’s PPI data out of the US. Supply chain disruptions and port delays will continue to keep costs high for producers, which will filter through to CPI data. The US Dollar came under pressure after dismal confidence data out of the US, which dropped to a decade low. Since silver and other commodities remain priced in US Dollars, it provided a boost to price action. The delta variant of the Covid-19 pandemic is likely to depress economic data for the rest of 2021, adding another bullish factor for gold and silver. Geopolitical tensions, especially out of Afghanistan, might not contribute on a stand-alone basis, but once added to the mix of issues for the global economy, they add their weight. Equity and cryptocurrency markets ran away over the past month, and traders should prepare for a correction. A sell-off can further raise the price of precious metals, and silver has the most to recover. Chinese economic data also disappointed this morning, a trend likely to be repeated around the world. The forecast for silver is slowly turning bullish following its flash crash last Monday.
FOREXCOM:XAGUSDLong
by FOREXN1
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