Silver will crash any momentHi everyone,
Silver is preparing for another move down, target 19-17
wait for the breakdown and enter sells at the confirmation of break, watch lower timeframes for the entries
Good luck
Xagusdanalysis
XAGUSD possilbe target 29.30-40#xagusd, silver forming higher high and higher low weekly and monthly charts. 27.45-30 highly demand zone for buy. target 29.30-40. stop loss below 27.20.
Silver bullish overall.For this week, I am anticipating a retracement on silver to around the 38.2/50% fibonacci levels before seeing a push upwards around midweek.
#XAG/USD # Wait for retest and long around 26-26.5On 7th of MAy 2021, as we can see on daily chart, Silver have broke out of down trend line and build up Squeezing broke out 26.5
Trading plan; Wait for retest at 26.5 where previous resistance turn into support, Target TP 1 at $28 , TP2 at $29
XAGUSD ... weekly
___________
On the week’s chart, it has crossed an ascending triangle.
At 4h it enters a bullish price channel.
_______
= Only buy to 27.782 - 28.367 - 29.303 - 30.239.
= Failed to buy, breaking 27.051.
________
Personal opinion buy
Silver- back to 23.80 support?Silver is trading in a range for 2 weeks now with a clear ceiling at 26.50.
Bulls are unable to take control and drive the price above this level and XagUsd keeps rolling down to support
A breakdown seems imminent for Silver and short-sellers can have a target under 24.
Sell rallies above 26 can be a good strategy and only a clear close above 26.50 would negate this scenario
XAGUSD Technical Analysis XAGUSD has been ranging on the monthly, weekly and daily. It's trending to a weekly resistance on the 4 hour. Sell at the trigger
XAGUSD RocketManChart is looking extremely bull for Silver price
Bull signals:
1 - a Major trend line shown by dotted white line has been played and respected since 2 March 2020 and we have broken back above it after a test low dip on 30 March 2021
2 - Double bottom at what has turned out to be a major support zone for silver which is at the 0.382 Fibonacci retracement zone from the swing low at march 2020 and the swing high at august 2020. Great support here, low not been seen since
3 - W pattern formed (one of my favourite - so simple and effective) right at the double bottom 0.382 which was a key indicator for the continued rise for silver which has now found the neck line at 25.487 (0.236 fib retracement)
4 - We are above 50,100 & 200 MA and SMMA lines which is an amazing bull sign, the recent break above the 50Ma is a lovely end of week close for Silver
5 - the end of week close was also sat right above the white dotted line from the August 2020 high which marks out the upper side of the descending triangle that has been formed since the last high. What we are seeing now is a possible break out north, big potential for silver to test recent high at 30 and above
As well as this the current Silver physical demand is through the roof and I do not believe that the current price at 25 reflects this.
My trading ideas are not gospel, I just like the numbers and patterns
Universal patterns are universal
XAGUSD (SILVER).......BUY...BUY
💹XAGUSD(SILVER) ⏬BUY @ 25.2655
✅TP-1# 25.5675
✅TP-2# 25.8341
⛔️SL 24.5654
N.B-Silver create Bearish butterfly pattern.If have small
balance plz avoid Silver trade now.Because highly volatile.
📊 Trade Accuracy 80% 📊
📊 Follow Proper M.M & Use S.L 📊
.....................................................................................
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions.
THANK YOU
Loading Up HereMeasured move from previous impulse uptrend. White is add/support spots. Not financial advice. Keep stacking!
XAGUSD 4h scenarioon silver we saw a bullish move that i forcasted from 23.800 and now it may continue this move to 25.4
and with a correction to 24.8 we will see another bullish move to 26.5 target.good luck have risk management
SILVER long position projection 15 and 1 min chart projecting a flag for a buy we need the retest to flag
XAGUSD - Inglourious BasterdsYou must be prepared for a move in silver to 22$ in the following weeks.
We are still in the range between 22 and 30$.
We've just wasted too much time going nowhere.
Based on the gold chart's cycle count the tag of the bottom of the range could be at the end of April.
Silver - Don't stop me nowSilver is trying to break above the 20 EMA on the daily chart today.
The dollar took a big hit after the FOMC meeting today and after the weak bounce we had during the past few days it's turning down again.
I think the weak dollar will be extremely good for gold as we are starting the new intermediate cycle:
I already posted a long idea in gold a few days ago.
But as I showed in a prevoius XAUXAG idea the big opportunity will be silver in the following weeks if the XAUXAG ratio finally breaks down the symmetric triangle:
Silver on the hourly chart is breaking out of the compression triangle and testing the trendline:
If we break the trendline , silver will be testing 30$ again and I think this time it will break through.
SILVER Short Idea, where is it going?Hello Fellow Traders, Here is a Full Updated Analysis on XAGUSD.
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk.
7.Show some support Below (Like , Comment , Follow & share)
Let Me know if you have any Questions or Comments Below
Happy Trading & Goodluck!
See You in the next Analysis!
Global Fx Education
Xagusd Silver is testing a strong support area.
A breakout and close below this zone will open 24.650 and 22.000 in extension.
Good luck to you!
Don't forget to like and share, it really helps.
Follow for more.
This is just an idea, not financial advice.
Silver is forming an uptrendIt is possible that the silver on the top of this uptrend channel will be supported and there is a head towards the targets. If it is rejected from the candlestick and can not close above this resistance, it can fall to the medulla of the ascending channel and the reaction to this line can lead to breaking the resistance this time, it can almost be said that gold and silver are forming an ascending trend.
XAGUSD BUY/HOLD 16HR TIMEFRAMEBUY CONFIRMATION ON 16HR TIME
WILL NOT SELL UNTIL WE GET SELL CONFIRMATIONS ON BIGGER TIME FRAMES.
#BLESSEDPIPS
SILVER - Wave Revision - Bullish Potential ExplainedFollowing on from my video idea I posted yesterday which talks about Inflation using some macro views. (Linked below)
In this video I give you a full break down of the waves in Silver since the early 1900's.
I do believe the pressure is mounting on shorts in this market and eventually it will snap out of this range.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
