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Xagusdanalysis

Silver (XAGUSD) is at support, will it break or hold?Silver price resumed its positive trading to succeed achieving our first waited target at 26.07, facing solid resistance there, to show some expected slight bearish bias, waiting to get positive momentum at 25.87 support that assists to push the price to resume the positive trades and breach the mentioned level to open the way to head towards 26.80 as a next main station, followed by 27.70 The MA50 continues to provide the positive support to the price, to continue suggesting the bullish trend for the upcoming period, noting that breaking 25.87 will put the price under negative pressure to head towards testing 24.50 and 23.90 areas before any new attempt to rise
OANDA:XAGUSD
by AdilHussain731333
1
XAGUSD H1 ZONE MARKING.We have XAGUSD H1 Analysis for Zone Marking. According to this analysis, we can see the price still running under 200MA & price also tests trendline with selling pressure is a sign of a Selling trend for more confirmation of we market demand & supply zone which is mentioned in the downside Demand zone3@ 21.356 to 21.426 supply zone1    @ 21.989 to 21.871 supply zone2    @ 22.548 to 22.630 Supply zone3 @ 23.612 to 23.396 Supply zone4 @24.654 to 24.366 With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers
FOREXCOM:XAGUSD
by Enclave_fx
2
XAGUSDWe see a high in the range of 21.845 and higher than the previous high in the range of 21.768. It is expected that if the above oscillatory movement can be supported by the two ranges of 21.551 and 21.672 and the ceiling of the channel in the above analysis can be successfully rejected. He expected to touch two targets in the areas of 22.010 and 22.159. important points: 1. The confirmation of departure from the current corrective trend can be obtained from the lower fractals. 2. It is not necessary to touch both targets. 3. The range between 2 targets can act as a resistance
FOREXCOM:XAGUSDShort
by maryammh
1
XAGUSDWe are witnessing a decreasing trend in a channelized space. We are currently witnessing a negative divergence and we are on a static resistance in the range of 21.76186. We have 2 scenarios ahead: 1. In case of breaking the resistance, you can experience a growth up to the ranges of 21.86676 and 21.95601 or between them and then continue the decrease up to the specified ranges. 2. It cannot break the resistance, the divergence works and the 3 specified targets of the harmonic patterns that have been completed in the ranges of 21.69113-21.59853-21.52730 can be considered as targets. If all of them fail We have the important range of 21.40745 in the intersection with the B area of the pattern, which is considered a strong resistance.
OANDA:XAGUSDShort
by maryammh
Silver Bulls Seem Exhausted, Major Correction ExpectedAfter our last target on XAGUSD bullish analysis (see related ideas), the target zone was hit and managed to bounce the price by a $1 i.e. 500 pips. Now, we should be expecting some large frame correction considering the following technical aspects that silver just presented: 1- Weekly Bearish Harami Candle 2- Strong Daily bearish engulfing candle on last Thursday 3- Rising wedge pattern marking bullish exhaustion which marked breakout with the daily bullish engulfing as well 4- Since we strongly bounced from the major supply starting from 24.14, we have further evidence that this may be the final target we see on silver before a reasonable correction 5- That green demand zone marked on the chart is the most probable correction target so far Best of luck and Happy trading :-)
Editors' picks
FXOPEN:XAGUSDShort
by Uzi-Trades-Forex
27
#XAGUSD In the previous analysis, we considered 3 ranges as a target in dealing with resistance, and we obtained 2 ranges, and by reaching the range of 23.44106, it created support, and by touching this range again, forming a double bottom and creating a positive divergence of the resistance range. broke to climb. Now, by checking the side range, we see the completion of the ABCD pattern in the range of 24.27206 and we have a negative reaction in reaction with it and the ceiling (resistance). The upcoming scenario is just a correction from an upward trend up to the range of 23.92651 at the intersection with the pivot and the 38.2 percent Fibo correction. After performing this movement, the next wave can be predicted according to the time and type of movement.
OANDA:XAGUSD
by maryammh
Silver Multi-Timeframe Analysis 30.01Hello Traders, welcome to this free and educational technical analysis . Silver is currently testing a very strong weekly support/resistance area amd after this massive runup there is the possibility that we will see a short term correction away from the zone. On the daily timeframe you can see a beautiful distribution phase, where the market is starting to create lower highs and lower lows, so I am now just waiting for a break of the very strong previous support zone and then a retest, and then I will definitely enter a short to capitalize on the continuation to the downside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
FOREXCOM:XAGUSD
by basictradingtv
41