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Silversignal

Silver May Test 22.40 Again Before Pull Back To The Upside. Gold and Silver always run in the same direction. 20/25 years back silver and gold had little divergence price gap. But the price gap between these two metals is really high. 250/300 years back gold and silver were only currency. though nowadays every country has its own currency and many digital currencies. but the necessity of Gold and Silver still exists. Gold is the highest market cap asset in the world nearly $11.137 Trillion and Silver in rank number 7 and total market cap holding nearly $1.317 Trillion (according to 8marketcap). Fundamental View Fundamentally, Silver is under a bit of pressure because of a stronger USD. U.S labor market reports, FED's hawkish bias altogether favoring USD. Yesterday US inflation report came negative but Silver is unable to push up again. which is a sign of investors being still not ready to buy silver again. we will have to wait till next week how about the US economic reports perform. The pandemic is still not over yet. as a safe haven silver may be priced in again if the situation goes worse again. Technical View this week silver tested the 22.40 price zone which is September 2020 swing low area. Silver bounced from that price and still has a chance to test the 22.40 price zone again. As long as the silver price is below 24.50 to 25.50 rice zone selling scenario won't change. 24.50 could be a better selling zone with a 25.50 stop loss and target 22.50 price zone. breaking below 22.40/22.00 price zone, we can't go for the long-term sell. on the other hand, if we see silver breaks above the 25.50 price zone, we may see another buying market. so, we will buy breaking above 25.50 price zone, target above the 28.00 price zone.
TVC:SILVERLong
by Gold_Trading_Expert
1
Silver Launch Pad is Being SetSilver has long been a favorite of mine to trade. In the past few months, it has taken a nice breather creating what looks to be a consolidation pattern before an eventual move up. Gold seems to have created a double bottom this past week and I believe Silver is in the process of making a reversal from its recent slide down. f you zoom in on the daily chart, you will see a nice falling wedge reversal pattern forming. In the long run, I still expect Silver to push towards $100, but in the short term, $35 is our next target resistance level.
TVC:SILVERLong
by CryptoSyphn
Silver - are u ready to buy?The price made a good squeezing near the key level and finally broke through it. I expect on retest to 26,65. Only in that case, I'll buy. Don't forget about SL. 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
11
Silver at Key Pivot Resistance!Sl1! Nice bull flag at strong pivot resistance zone, an uptrend, since March 31 lows actively riding as support the 9ema (blue line). Entry could be a 1-hour candle close above the .618 fib extension with the 9ema as support crossing the 28 levels. Also, consider another 9ema backtest - ascending trendline confluent if you connect a trendline from the swing lows. Same as the RSI, making higher highs and higher lows in this ascending trendline. Will be updating as we go. Sharing humbling my POV and will gladly discuss with anyone if we agree or disagree, I'm a Full-time Life & Market student, always learning! Best regards and Happy Trading! Keep it simple 😉
TVC:SILVERLong
by UnknownUnicorn21414332
8
I AM ANALYZING FOR YOUR COMFORT - SILVERYellen's departure yesterday scared investors in metals terribly. particularly silver is easily frightened and diverted from its path. Unfortunately, the beginning of a beautiful bullish trend was transformed by Yellen into a moderate decline, but followed by indecision. The question mark launched on raising rates and implicitly the USD, will weigh seems quite difficult. The silver only needs 2-3 days for braking, and only then to think about whether to go up, or wait for clarifications. Normally he should try to recover from yesterday's decline, especially since Yellen later retracted, but we're talking silver, so be patient!
S
by Viorex
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
Silver - target №1 - ✅, target №2 - soon. Look where to enterCongratulations to everyone who was with me in this position. TP№1 - hit. I continue to stay in. and wait for the realization of TP2. Who those who didn't enter, I showed 2 entry points in the chart. First: price starts squeezing, makes a breakout, and retest (entry point after that). Second: the price will drop on zone 25.6. There is a good time to buy. Write below who opened a position with me and 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
17
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
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