XAG
✅SILVER WILL GO DOWN|SHORT🔥
✅SILVER is about to retest a key structure level
Which implies a high likelihood of a move down
As some market participants are taking profit from longs
While others find this price level to be ok for selling
So as usual we have a chance to ride the wave of a bearish correction
SHORT🔥
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SILVER Local Short! Sell!
Hello,Traders!
SILVER is making a pullback from the resistance
After a the price retested the level
And I think that we will see bearish continuaiton
With the retest of the local support below
Sell!
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Silver (XAGUSD) Analysis 04/03/2021this is a 2 Day Candle Chart
as we can see the Price is up Ranging in a Yellow Ascending Parallel Channel where currently it is trying to break the lower bond.
there exist a Fibonacci golden zone of the smaller impulsive wave, which can show Support and if the price bounces from it then we can target the 1TP, which is Fibonacci Expansion -27% level of the main Bullish Wave.
the Red Box (Fib Confluences Level IMPORTANT) is the confluences of the 76.4% Fib Retracement of Smaller Impulsive wave and 38.2% Fib Retracement of the main bullish wave, where if the price falls and it stands as a support and bounces the price, then we can target the 2TP, which is the -61.8% Fibonacci Expansion Level of the main Bullish Wave.
there are 2 Vertical Lines which Shows the Speculated Dates for Achieving the Specified Targets, they are specified by Trend-Base Fibonacci Time,
there are total of 2 TPs Specified
1TP=35$
2TP=41$
please comment your Opinions...
SILVER (XAGUSD) | The best area to fall🔥Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
The wave count performed for the silver weekly time creates several movement scenarios, but in all of these scenarios an upward movement the size of wave (1) is confirmed in the current analysis.
In the current analysis, wave 1 consists of wave 5, probably 5 at higher times, and the valance is inside wave 2.
Wave 2 is inside wave a, and wave a forms its five waves in the form of five waves in the shape of a triangle, and wave 5 is located around the Fibonacci 0.38 or the lower side of the triangle.
To complete this wave 5, we will have a descent to the lower side of the triangle before the Fibonacci retracement of 0.618 or the range of 23,500, but this is normal.
And after this move, wave a ends and wave b starts, which corrects for a long time and in terms of correction up to Fibo 0.618, ie 25,600.
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XAGUSD - WHAT IS NEXT?SILVER's price is moving in the parallel channel for quite some time. After hitting the bottom of the channel at 21.70 price had a considerable bounce. Now, what is next? This is a good level to eye the top of the channel again. If bulls fuel up their momentum at the top we may find a channel breakout and the price could move towards 23.0 Good Luck!
Silver ready to run?Give a like and follow!
XAGUSD had a perfect bounce last week off it's late September low.
Possible double bottom formation.
RSI divergence on the Daily bar immediately before the dip and bounce.
MACD has just turned.
Looking at the 0.382 Fib level around 24.7 as target, with potential for a runner above 26 towards the 0.618 Fib level.
SILVER (XAGUSD) | The best area to fall🔥Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
The wave count performed for the silver weekly time creates several movement scenarios, but in all of these scenarios an upward movement the size of wave (1) is confirmed in the current analysis.
In the current analysis, wave 1 is composed of wave 5 at higher times. We are inside wave 2.
Wave 2 is inside wave a and wave a forms its wave in the form of five waves in the form of triangle, and wave 5 is formed around Fibo 0.38 or the lower side of the triangle, and then wave b is formed. And correction for wave a begins.
Wave b is relatively time consuming and long considering the time spent on wave a and in terms of price it can be guessed that Fibo is moving 0.618.
If the move exceeds Fibonacci 0.618, it can be said that Wave 2 has already been completed.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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SILVER Swing Long! Buy!
Hello,Traders!
SILVER is trading in a local downtrend
But the price will soon hit a weekly support level
Which will most likely withstand the attack of the bears
And so the price will go up from the support
Buy!
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Silver holding the uptrend .. for now..Looking at some bearish indicator driven by US 10yr bonds. I do expect that the support levels will break soon and silver catching up with the price of gold.
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SILVER (XAGUSD) | The best area to fall🔥Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
The wave count performed for the silver weekly time creates several movement scenarios, but in all of these scenarios an upward movement the size of wave (1) is confirmed in the current analysis.
In the current analysis, wave 1 is composed of wave 5 at a higher time and the valance is inside wave 2.
Wave 2 is inside wave a and wave a forms its four waves in the form of five waves in the form of a triangle, and wave 5 is formed around Fibo 0.38 or the lower side of the triangle, followed by wave b and correction. Starts for wave a .
Wave b is a relatively long wave due to the time spent on wave a and in terms of price it can be guessed that Fibo is moving 0.618.
If the move exceeds Fibonacci 0.618, it can be said that Wave 2 has already been completed.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
Potential opportunity long xag silver usdHere we have the silver against the usd which is at the dawn of a breakout. On the chart we see that at 31.25100 the silver will surpass a high point dating from 2011. If it is heading towards its old ATH of $ 49.81, it will enter a price discovery phase after 10 years of consolidation and accumulation. There is a lot of potential on this chart.
I will take this long once the 31,251 is exceeded and closed daily, here it is not a question of opening a trade and exiting immediately but of riding the potential upward acceleration by increasing its stop loss gradually in a structured and non-aggressive way. .
My stop loss will be 20% of my entry price and my entry price will be based on a daily close. I know it is better to wait for a 3D timeframe or weekly closing on this kind of asset but this is my plan and in no way investment advice.
Feel free to comments my chart and share your opinion.
Thanks