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Silverlong

Silver - a great breakout pattern⚡️I will buy after...Price has a powerful key level of 26.6. Now we're forming squeezing. It's a nice reason for further growth. I see the entry point only after breakout and retest. 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
6
S I L V E R - Trade Idea!!S I L V E R - Trade Idea. Precious metals overall have a lot of catching up to do compare to other commodities such as: Lumber, Copper and many others the list is endless. We saw this a yr a go coming due to Bloomberg commodity index, inflationary aspects was going to rise further. We've had good returns overall in commodities area, but isn't it time we pay attention to where precious metals is heading. We have been ranging for while, however there are still trading opportunity in the 'old skool' precious metals at a good risk/reward! Yes, aware that a lot of attention has gone towards cryptocurrencies this yr allowing further institutional investors with wide divide on the aspects on what to invest in. However, I still look at precious metals as % of my portfolio. Technical Aspects Pattern: Short Term - Pennant Longer term - Potential H&S Developing Support: 25.625, 25.165, 24.970 Resistance: 26.660, 26.915, 27.305, 27.935 Key tip: Stick to your trade plan and develop consistency Best wishes, Mind Capital (Just trade idea, not a recommendation)
FOREXCOM:XAGUSD
by MINDCAPITAL
XAGUSD RocketManChart is looking extremely bull for Silver price Bull signals: 1 - a Major trend line shown by dotted white line has been played and respected since 2 March 2020 and we have broken back above it after a test low dip on 30 March 2021 2 - Double bottom at what has turned out to be a major support zone for silver which is at the 0.382 Fibonacci retracement zone from the swing low at march 2020 and the swing high at august 2020. Great support here, low not been seen since 3 - W pattern formed (one of my favourite - so simple and effective) right at the double bottom 0.382 which was a key indicator for the continued rise for silver which has now found the neck line at 25.487 (0.236 fib retracement) 4 - We are above 50,100 & 200 MA and SMMA lines which is an amazing bull sign, the recent break above the 50Ma is a lovely end of week close for Silver 5 - the end of week close was also sat right above the white dotted line from the August 2020 high which marks out the upper side of the descending triangle that has been formed since the last high. What we are seeing now is a possible break out north, big potential for silver to test recent high at 30 and above As well as this the current Silver physical demand is through the roof and I do not believe that the current price at 25 reflects this. My trading ideas are not gospel, I just like the numbers and patterns Universal patterns are universal
FX:XAGUSDLong
by Money_Magnet_
3
Silver Squeeze - Yes PleaseWe saw spike in the silver above the old high in February 2021 in a three wave move. A good indication that the price is keen to go higher. Since then price has formed a bullish falling wedge pattern down to the 76% fib(Lucas level). At the 24.00 handle we saw the RSI go from 20 to 69(indicated by the green box). This is a sign of strength as the RSI bounce of the 40 level ,which is the bottom level for a bull market. If the RSI holds above the 40, with a divergence in the CBRSI indicator forming, we should see a move to the 35 handle. With the limited supply of physical silver now available world wide, we could see a larger bull market unfold.
OANDA:XAGUSDLong
by TRADER-RI
To Infinity And Beyond Buzz Lightyear is in control of this rocket ship. For me a key level of interest and a sign that price finally broke out of the downtrend came in my yellow box, as we can see price came back up to test the trendline for the 4th time, it broke on this 4th touch and then came back down to test this same trendline as support before bouncing in a bullish fashion and hitting my 1st target 26.0 which i could see been used as slight resistance. On Friday price did use this as resistance, tried to push through but bulls were not strong enough causing the bears to push price back down below this level, Today we have pushed back above this level and i can see price staying above it and pushing even higher. 26.5 will be my next level and then 28.0 If you have any questions then please just ask, i will be happy to have a chat and see how i can help you. Peace out.
OANDA:XAGUSDLong
by Premier_FX
(Update) AG showing Triangle Pattern, breakout incoming?Hi. In this 4h chart I've plotted a prediction of the Elliott wave pattern that could emerge as the price has now broken through the diagonal resistance line. I believe that the previous downturn when the price moved to the peak of the triangle was a correction wave and the current movement is the following impulse wave and that the price is currently in the first correction and that the biggest line of the wave is coming next. See the link to the previous idea below if you want to know more. Thank you. Please, if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods with you. This does not constitute financial advice. Any projected prices, even if explicitly stated, are made with intent to discuss the symbol and potential interpretations. Any trades shown or mentioned are examples and neither recommendations or mandates.
NYSE:AGLong
by Kabeldon
Silver, XAG/USD - new entry point🔥For the fourth time, the price approached the resistance level. If the price breaks the level this time, I will wait for a retest to open a long position. Let's see! 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
OANDA:XAGUSDLong
by Yuriy_Bishko
8
Long AGQ multi-month tradeThe silver sentiment is much better than gold. Gold/silver bull run should start somewhere end of this month and next month. Start adding position on AGQ around 44-48. a weekly close below 55 MA should be stop loss (around 42 currently). profit target depends on the time frame rather than the price target. Note: The only thing to be aware of is the USD cycle --- whether we are in a new multi-year-long rising or falling USD cycle (check DXY). With infinite QE, I would bias towards a falling USD cycle, as of 2020. But if USD continues to rise then we will different sentiment.
AMEX:AGQLong
by IC50_50
I love silver to protect me from inflationI am sure that inflation will rise in the coming months. Too much money is injected by central banks and few opportunities to intervene on rates. Buying tangible assets seems to have become an investor's refrain. Ray Dalio also insists on this aspect. Youtube Ray Dalio interview on Bloomberg : www.youtube.com I thought for a long time about which real asset to address and in the end I chose silver because I prefer it to gold. Silver has many industrial uses and could be significantly underestimated at the moment. It is not only a haven asset, it is also a real commodity, but there is more. Banks will try to keep inflation low without intervening on rates. But banks own gold and not silver, so they can't sell silver. This is why I chose it to protect myself from inflation. I would say that technically it is also not bad. It is on nice support that seems very solid.
AMEX:SLVLong
by LukkVal
5