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Xagusdanalysis

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
FX:XAGUSDLong
by Money_Magnet_
3
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
OANDA:XAGUSDLong
by AronnoFx
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.
OANDA:XAGUSDLong
by chartwatchers
6
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
FOREXCOM:XAGUSDShort
by Global_Fx
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?
FX_IDC:XAGUSD
by AriasWave
AriasWave VS Fundamentals VS InflationLately I have felt that I need to touch on how AriasWave and fundamentals are inextricably intertwined. AriasWave being primarily a technical analysis tool has led me to want to understand how everything operates on the macro level, although it is technical, humans are humans and these patterns are based on psychology and ever since discovering these patterns it has led me to ask more and more questions about how everything connects together. I am not a financial advisor. This is just my own opinion. I encourage you to do your own research and learn the waves because they fit together, they are one and the same thing. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
FX_IDC:XAGUSD
by AriasWave
3
XAGUSD vs XAGCAD? More important than you might think.I have been looking at XAGUSD vs XAGCAD, with the theory that the relative performance of the pairs could be a signal. In this scenario, CAD should be thought of as a proxy for commodities, of which Silver is just one. The USD is acting as a measure of the wider economy, and the role Silver plays in it. Starting with the long term then, some general notes. The CAD (main chart) persistently pegs more closely to the price of silver, as you might expect. It has lower highs, and higher lows. Priced in Silver, CAD is less volatile. USD on the other hand, fluctuates above and below this line, with important potential observations. Notice the considerable difference between the two charts today, a potential for catch up is coming? We can see highlighted important regions. In green, the 2011 Silver and commodity bull market. Silver in USD significantly outperformed, more detail on that later. In red, we see the 2011 to 2020 bear market. Significant under performance of silver is highlighted. We will see some more detail of that in a bit as well, as there are some important differences today. Finally, the period today is highlighted, which appears to be under performed. More on that later. Next, let's get more into the thesis. Here is the consolidation phase of the 2008 bear market. We see persistent and significant out performance, almost without exception from where you set the time scale. The difference grows to as much as 30% in several parts, all before the real bull market begins. Most of this can be seen around $25, which was the previous interim top from 2006. The Silver Bull Market. The growth in XAGUSD continues throughout the process. The top in this cycle is amazingly formed as CAD reaches it's highest point in 40 years vs the USD, in April of 2011. Two months later, the CAD begins it's 30% retreat to the twenty year lows. Measured from December 2008, the performance of XAGUSD peaks in the region of +100% vs XAGCAD (This depends on the start and end date of course). The Crash; Although not obvious initially, the XAGUSD Line dips below XAGCAD and stays below, which seems to confirm this bear market. This limits this relationship for picking tops, I admit. The bear market 2011 to 2016. I've highlighted how the market consistently fails to outperform XAGUSD vs XAGCAD. Even during the 'Bull' run of 2016, there is only a brief, 3 month period where it is even possible to show out performance of XAGUSD, from Nov 2015 to Mar 2016. Move the chart and see for yourself. This signal is squashed even before the bull market begins, which could have been a warning sign as XAGUSD failed to break out relative to XAGCAD. 2016 to 2020. A mixed signal? The consolidation of 2016 to 2020 was mixed, there was no clear under performance, but neither did it outperform. Using the full consolidation phase, we cannot see a breakout today. Today; While no breakout is clear, there are perhaps signs this has changed with this current phase. From the March lows, we can now see Silver in USD is clearly outpacing Silver in CAD, although not yet by as much as in the 2008-2011 cycle. This could mean either; The signal is registering a false breakout. Although unlike the 2016 and earlier interim tops, this out performance has lasted almost a full year. Something that has not happened since 2008. We are still in the early stages of this bull market. Look for this comparison to breakout with a 20 to 30 point difference. This is not hard to see as possible, considering how far XAGUSD needs to catch up just to where XAGCAD is today. And considering that when it does, it tends to overshoot, this could be further confirmation that this party has just started. Takeaways; Look for this comparison to breakout to the upside 20 to 30 points, which could then continue for months to years. A spike in the USD is not out of the cards as always, and would be negative for this relationship. If XAGUSD remained neutral in that scenario, I would be very bullish however. This relationship currently has about 10% cushion to allow that without dropping XAGUSD below XAGCAD. A spike in the USD driving this ratio down would also need to persist for several months to indicate this is not Silver's time. Top in the relationship should be formed by a significant high in the CAD.
FX_IDC:XAGCADLong
by petrykdoug
2