Selling XAG now. Across the board XAG is on a massive discount. Reversed my initial trade of going long after my SL has been triggered while going towards the upside. 1419SGT 03062024
we had a market structure shift (Ch) that could tell us that silver might be bearish aswell as there are a lot of imbalances to still take after price moved very hard without pullbacks. I also see that we broke some 4H trendlines as an extra confluence. For now i will be waiting for a Break of structure to signal that silver wants to go down. this is just a...
looks awful. everyone was eyeing $18 as obvious support. looks incredibly weak here. think this dumps with xag and crypto. been eyeing arouund $15.60 for a good while now.
LONG XAGUSD IN THIS MONTH MAYBE 28.000 This month will go up to 28 XAGUSD BUY 📈 (long term +20 days ) ENTRY PRICE 25.000 -TP1 27.000 -TP2 28.000 -SL 24.500
Hello Traders Silver is still bearish. We are working the final bearish wave of a WXY pattern where wave W is a Zigzag Wave X is a Triangle and wave Y should unfold on a 5 wave impulse Please share your opinion in the comments below. Thanks and happy trading
All the PMs but especially Silver is a Major SHORT here, with a Low-risk Entry! A Bullish G/S and a likely USD reversal here - even if potentially limited in scope - should underpin a substantial decline in all the metals, from these levels. Charts like this are no help, either! (Stock market forced liquidations have a tendency to spare nothing and no one,...
Much like in the old George Foreman grill commercials; "Just set (sell) it and forget it!". It's a dog but a great Short here! Here is the "panoramic view"; It will deflate in 2 seconds flat, right along side with the rest of the currently prevalent inflation fantasies.
TBH first time ever trading silver, heard a lot and it looked promising. so after 2 hrs staring at weekly and daily and hr time frames, I was able to form this. predicting that price might continue the long trend or retest the drawn arrows and either break structure to a NL or continue up after correction. I'll be placing a sell limit @27.475 with a small SL...
XAGUSD has a falling trend and it is losing its power. For the 1d graph, it has lower highs and a "falling triangle". Also, shoulder-head-shoulder formation and double pick were seen in the short past. They indicate weakness. I'm more close to short but before taking a position, it must wait for a confirmation. Short opinion: If it will break the support...
XAG chart with price action completely shows that the trend is going to be bearish and soon will be profitable, stay tuned :)