Xagusdanalysis
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:
XAGUSD Next MovePair : XAGUSD ( Silver / U.S Dollar )
Description :
Bearish Channel as a Corrective Pattern in Long Time Frame and Made a Breakout of the Upper Trend Line
Divergence
Break Of Structure
Consolidation Phase in Short Time Frame wait until it Breaks the Upper Zone or the Lower Zone
Completed the " 12345 " Impulsive Wave and Corrective " ABC " Wave
XAGUSD 16-20 Jan Next MovePair : XAGUSD ( Silver / U.S Dollar )
Description :
Rising Wedge in Long Time Frame and Rejecting from the Upper Trend Line with Strong Bearish Price Action as Impulse
Making Correction in the Form Bullish Channel and Rejecting from the Upper Trend Line
Fibonacci Level - 78.60%
S- R Level
Resistance Level
Divergence
Completed " ABC " Corrective Wave
$XAG - Which side?!$XAG - Which side?!
Market overall bearishness on DXY looks over done, we could get pull back on the metals break below these key areas taking silver to 22.5/21.5 areas could easily be achieved however break above 25.5 areas would be your target area..
Don't forget to trade your OWN plan!
Best
TJ
Silver Analysis 01.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
XAGUSD - Waiting for a breakout … for the week of 02 Jan 2023Silver has been steadily making its way to the up side since mid Dec 2022. At the top it has been contained around the 24.24 level, while it has been consistently making higher lows. This kind of price action is similar to a spring that is coiling up and it will have a strong release.
I expect this coiling PA to continue for a few days still. If this works out as I expect, we should see higher lows continue to be printed, while being contained above the 20 ema for some time. Then a break out should occur. Entries can be at the point of breakout or if/when a retest occurs. The 1st target can be 25.35 region with the potential to seek 26.36.
Always use sound money and risk management and stay patient in all your trades.
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Silver Investment Plan - 20/Dec/2022Hello Traders,
Hope you all are doing good!!
I expect SILVER to go Down after finishing the current wave.
Look for your SELL setups.
Considering the fact that there are also traders looking for ideas wrt investment purpose, I will be posting my view on few assets for Long term trades.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
We Have an Analysis Of XAGUSD H1. This Analysis is Based On Price Action Theory.
According to this Analysis, the market comes through the descending channel with multiple pullbacks & bounces back during this phases price in ranged and also break Descending channel with buying pressure form new Ascending channel if price will follow the channel then we have targeted price near 22.82451 & if the price break the channel then we have target down side 22.03910 & 21.61170
Silver Analysis 06.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!