SILVER - W patternHello hello! Today we have some nice Ws on many metals, the one on Platinum is already completed, so we could expect a completion on Silver and Gold as well!
Silvershort
Silver update A nice double top pattern in 4 hour frame
Looking for 20.4-20.5 today
Yesterday was a good play but we dont reach our target
Today will be easy target
GOOD LUCK
Silver update Iam already in profit sold the 22 area 21 area my target still the same 20 $ or below
I believe we can drop
Am not a buyer every upside movement is for sell
Today target 20.500
GOOD LUCK
Silver quick lookTechnically, silver will test strong support, as what it breached, we may see it again at 22 levels.
The four golden rules of trading
1 Don't be greedy
2 Always use stop loss
3 Never add other positions to the losing positions
4 Use a suitable lot for your account
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Silver update Bought more at dip and when it reach the target ill be a seller
It was a small trade , but it doesn't success.
Any way i believe the direction is down and my target still the same 20-19 .
When it goes up ill turn again to seller.
GOOD LUCK
Silver Levels & Strategy for next few daysDear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
Sagar Bhai, Silver had an excellent run in last 1 month from below 55K level to 63K plus level. Silver has made LH-Lower High pattern on chart, trading below VWAP. Showing sign of tiredness after decent up move. Silver is likely to consolidate or correct from this level. This is a good time to book profit. 59000 to 60000 should be good range to enter in long position for few months. We are likely to get a chance near next US FED hike when US Dollar Index will get stronger. Please review & share your thoughts as well.
Silver update Bearish on silver , looking over sold and going down to 21 area (red lines )
We sold the 22$ I toke my profit .
Added more today
GOOD LUCK
Silver update Who sold the the top with me ( congratulation! ! )
We may now reach to 20 minimum target
Further if we break 20$ then we go to 19$
This week is for seller
GOOD LUCK
Silver vs CPI numbers !Silver confirm ( bearish rectangular)
CPI TOMORROW
if someone think i hate silver , he is absolutely wrong .
TREND IS YOUR FRIEND
Rectangular bearish pattern mean we can go down same percentage of consolidation range percent
CPI with 75 ppt rise 18 $ in silver is normal
Good luck all!
Silver updateSilver going down to 20 first target
I think a sort of pullback then continuation down to 19
Iam still seeing the 17-13 mid term target
Its 75 ppt rise ( inflation is high)
GOOD LUCK
Silver update (read below)Silver goes up today in down movement of DXY.
However , i believe next target is 22 where it can be rejected down to 20-19
Any ways there will be no upside more than 22 this week and the coming week .
Ill short the 22 $
GOOD LUCK
Sell silverToday getting few points up and down side consolidated phase that is the more down move necessary silver target may be 15 or 14 in November month cause of the rising interest rate 100 💯💪 hawkish move in fed meetings next month so it sopport dxy audusd rejected from trend line
Big fall week silverIn my view silver is going down not only one day this could be a continuation of down trend with second wave .
I believe silver can touch 19.6 easily
GOOD LUCK
Silver update Selling silver at this ranges are perfect idea to me
I sold the 20.8 before and now in a good position also has over sells at blue line
I think we are going lower to 17 may be more
Bearish are dominance in 21 $
I believe this week we can see lower low
GOOD LUCK
Silver (XAGUSD): Key Levels to Watch Next Week
Hey traders,
What a bullish move on Silver on Friday.
Here are the key levels for you to watch next week:
Resistance 1: 21.05 - 21.23 area
It will be the next goal for buyers most likely.
Support 1: 19.06 - 20.07 area
Support 2: major rising trend line
Support 3: 18.7 - 18.94 area
Consider these structure for pullback/breakout trades.
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Silver update Yesterday we saw a big move upward
Best area of the month for sell to me
In my opinion we could go lower than 20
19 will be critical area to test again
GOOD LUCK
I
What !!! Is it a pull run Silver today play like it is strong market , yes we see that before
And then what happened , break down to new low right
Here is a new chance where i will sell again and lets see if this goes to 14-13 !!!
GOOD LUCK
XAGUSD - Analyzing Accumulation exit scenarioSilver(xagusd) like gold has broken out of a 2 year long consolidation (accumulation) as well. Now we are looking for lower targets on both metals. Silver can be seen failing to retest the breakout point at 21.5 and therefore, chances are we will see it down.
Technical aspects:
1- A rising wedge consolidation and continuation pattern observed on XAGUSD (drawn in green), which breaks out at 18.66
2- We might be having a local head and shoulders situation that are targeting 18.46 but they confirm at 18.66 breakout, although it is small 100 pips target but it is almost a sure shot
3- Silver failed to break higher than the public participation darvas box so we are still projecting downwards
4- That Demand zone I marked with red slit is the most important local zone that needs to be broken to expect further low targets
5- If the Demand zone fails to support the silver metal price, projected targets lie between 14.6-16.2
Note: This analysis is valid as long as we do not break higher than 21.5 accumulation breakout price level!
Best of Luck! Happy Trading and Happier Profits :-)
Silver update Its clear that silver can exceed 20$ area
Also the third wave will start soon
17$ is next week target to me
Ill sell at20$ to take profit at 19.2 $
I think today we will have 0.75 rates hike
GOOD LUCK
Silver weekly update Its clear that silver firming lower high……… lower low
Is coming next week
Not only that , previously showed my followers in the hourly firming triple top pattern that will take us to 19.2
Now my target is 18.2 in next week
That can also depend on the daily update
Keep on touch
GOOD LUCK
Silver update Previously mention that we formed treble top pattern
And we will reach 19.2
We reached our target expecting so more down side now
I think next target can be 18.8 then bellow to 17.5
GOOD LUCK
Silver update Why i dont give so much trade on silver
Its clear that silver will play in a range of 19-19.6
Maximum 20$
But looking at daily chart it forming a head and shoulders which means we can go down more
Furthermore , FED is still damaging the market by raising rates .
Iam only trade on selling side i think now its in selling point area
GOOD LUCK
Silver update Have been rounding around our target 19$
Now its clear that its going to 18.8 $
I will update if any confirmation occur in price
GOOD LUCK
