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Silversignal

Silver- 28 next?As usual, Silver is more volatile than Gold, and yesterday's 500 daily range on XauUsd translated in more than 2500 pips volatility for Silver. But, also here, nothing is changed from a medium-term perspective. The drop from 27.40, although very violent, is nothing more than confirmation for 25 as strong support. At the time of writing Silver is trading stable above 26 resistance and I expect the bull run to continue towards 28. On the short term, dips should be bought and the bullish scenario remains intact as long as we don't have a daily close under 25
OANDA:XAGUSDLong
by Mihai_Iacob
1
Silver- More to gain than GoldI was bullish on metals ever since mid-2019 when Gold broke above 1350 important resistance of the "rounded bottom" pattern and in fact, this was one of my first analyses on Tradingview. Comparing Silver and Gold charts though, we can see that Silver's break lagged about a year, the important break here happening in mid-2020. Continuing this comparison, we can see that in the last months of 2010 we also have a correction on both Silver and Gold, but, after this correction was over, Gold only rose 50% and Silver doubled its value . I expect also to be the case now and if history is to repeat its self, we can have a new all-time high from Silver by June 2012. Going down on the daily chart. we can see that Silver "held" better than Gold in this correction and didn't made a new low, instead confirmed 22 as strong support. Yesterday the price broke above important trend-line resistance and now is facing 25 psychological figure. I expect this also to be broken and from this point on the road up is clear for new ATH. Necessary pit stops I see from 2 in 2$, at 26, 28 and 30 recent high for the immediate period
OANDA:XAGUSDLong
by Mihai_Iacob
4
Silver looks very differentThe price of Silver also dropped at the beginning of the week, but the chart looks very different than Gold's. First of all, we don't have a new medium-term low for Silver with the price stopping its descent just under 23. Second, from the last low, we have higher hights on our chart and the price looks very well supported by bulls. A break of this short term consolidation can put the price again above 24 and also could signal that the correction for Silver is done and the precious metal could resume its uptrend. I'm bullish Silver, more than Gold:)
OANDA:XAGUSDLong
by Mihai_Iacob
5
XAGUSD Silver Welcome back guys Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. The information given is not Financial Advice. Please support this idea with a LIKE if you find it useful Previous 3 Months silver in a channel path you can see that in the graph, if not break the resistance red line on the channel, you can take the sell shot SILVER STOP LOSS 26.00 SELL LIMIT 25.40 TAKE PROFIT1 24.30 TAKE PROFIT2 23.30 TAKE PROFIT3 23.30 Good Luck, Please support this idea with a LIKE if you find it useful Enjoy The Trading Guys
FX:XAGUSD
by Bexi03
SILVER XABCD-CYPHER will give us 17% account growthSILVER-xagusd ********* ⏳4 Hour chart 🎲 Possible entry analysis ⛳️ Possible bull/bear target 📚Educational —————-❇️——————- Detailed analysis 💬 1️⃣ Strong break through the 25.00000 2️⃣ XABCD Cypher pattern-Bullish sign 3️⃣ Broad weakness of USD,USA election results outcome 4️⃣ 26.00000 Dynamic support and resistance 5️⃣ Price reached October high 6️⃣ 25.00000 will Acted as strong support 7️⃣ Technical support - Bull 8️⃣ 27.00000 acted as key reversal-bullish 9️⃣ October high-Immediate resistance-Alternative bearish entry 🔟 Possible swing target-29.00000-major psychological level #️⃣ Overall bullish trend —————-❇️——————- 📉 Technical bias-H4-Bullish Price Above 50,100,200 Exponential moving average Relative strength index - Reached 70- overbought condition short term fall back expected MACD -Turned green and well above signal line, oscillators pointing upward Stochastic - Reached 75- overbought condition short term fall back expected Ichimoku cloud -cloud is turned green-Price is above the cloud-Middle line support Bollinger band- Price reached around the upper band-Short term bearish correction towards middle band —————-✳️——————- Key reversal area's 25.00000 psychological level 22.60000 October month low 25.60000 October month high 25.60000 50% Fibonacci retracement level 30.00000 Major psychological level 24.75000 Possible entry- Bull 27.00000 psychological level/Trendline resistance —————-✳️——————- Bullish entry #silver #xagusd Entry price - 24.80000 Take profit 01 - 26.00000 Take profit 02 - 27.00000 Take profit 03 - 29.00000 🚫 Stop lose 24.20000 ⬆️ 17% Growth expected ⤴️ Account growth 2.4 : 16.96 ✅ Risk reward ratio 1 : 7 —————-⚜️——————- Push the like button , And cheer up if you found useful
OANDA:XAGUSDLong
by forexorbit