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SILVER (XAGUSD) Key Levels a lot of questions about silver! currently, I don't have any active positions. I have alerts placed on key levels, I will look at the reaction of the market to the underlined levels on the lower timeframe. here are the key levels: 16.7 is our current strong support 17.55 is our current resistance (due to a strong bullish rally it can just easily be broken, so don't jump in aggressively) 18.55 is resistance 2 19.55 is resistance 3 trade key levels only with a confirmation. let me know if you want to see more structure analysis!
OANDA:XAGUSDEducation
by VasilyTrader
7
Bouncing around the 61.8 before another move to the upside.After a 17% drop over the weekend we now are back in a nice consolidation zone. this level is right on our 61.8 fib level, it also lines up with previous structure before we seen a move to 10k. Short term we may head down and test the trend. IMO it wont break that overall trend and we will see another move up. I am seeing a lot of these candles in this zone which have wicks to the downside. That indicates buying pressure. I will be looking for longs off the trend. Trend bias still telling us we are bearing for the minute XBT/BTC 4hr
BITMEX:BTCUSD.PEducation
by CryptoTennille
2