Xagusd LongWaiting for the daily candle closes below or above the strong support area.
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Xagusdanalysis
XAG Silver price in Desceding Trianglesilver price is now in descending triangle if it break lower than we are going to 19 $
and close above and breakout than we will move higher
Silver looks very differentThe price of Silver also dropped at the beginning of the week, but the chart looks very different than Gold's.
First of all, we don't have a new medium-term low for Silver with the price stopping its descent just under 23. Second, from the last low, we have higher hights on our chart and the price looks very well supported by bulls.
A break of this short term consolidation can put the price again above 24 and also could signal that the correction for Silver is done and the precious metal could resume its uptrend.
I'm bullish Silver, more than Gold:)
Playing with a MAJOR area right nowThis area was last months support area where buyers was strong at. This area says alot. If we have a bounce of buyers off this area then we can see a huge swing to the upside. If the sellers continue and dominate this area then Im BEARISH next month because buyers could not lift there weight at a area from last month. If i continue to see sellers then im not convinced it will go higher. THIS is a major area. Watch it..
Silver Analysis And Signals: Check The Next TargetSilver Sell Zone 24.30 To 24.50 Price Zone With Stop Loss Above 25.00 Price Zone
TP1: 23.60
TP2: 22.70
24.50 Is identifying as strong resistance from the present price zone.
Silver / XAGUSD Analysis For 19 Nov 2020Hi Assalam-o-Alaikum , Dear GooD Evening Hope you are well and enjoing your trading , i'm here with my new analysis of SILVER
Silver / XAGUSD Analysis For 19 Nov 2020
I hope my analysis will help you in your trading best of luck
share your point of view about SILVER in Comment Section , Thanks
XAG Sılver Down-TrendThere is a very strong support area in the xag down-trend. If it passes there, it will reach 23.60 support first. With this support broken, 22.65 will come to the second support.
XagUsd BuyHello Traders, XagUsd is a nice buy because it's hitting a large volume of buy orders right now. A good candle information at the big order zone will be the trigger for the buy. I will be posting updates if necessary. Thank you.
Silver- should be sold above 25Like its bigger brother, Gold, Silver took a punch last Monday and the price dropped more than 10% in just one day.
Once it hit the ascending trend line Silver started to recover and managed to close the week above 24.30-24.50 congestion.
XagUsd remains heavy though, and I expect a new leg down soon.
I will look to sell rallies above 25 zone and only a daily close above 26 would change my bearish outlook
Silver Sell Opportunity, Next Target 23.30 Price Zone. WE MAY SEE ANOTHER BIG DROP ON SILVER. NEXT TARGET 24.30, 23.30, AND FINALLY 22.00. STOP LOSS 26.30 PRICE ZONE
Silver- under 20 till year's end?Like gold, silver fell aggressively Monday after the vaccine was announced.
The price stopped falling just under 24 and into the uptrend line support, recovered some of the losses after and now is consolidating.
The chart structure is very bearish as long as the price stays under 25 and I expect it to break under support.
Such a break could drastically accelerate losses and we can see Silver dropping under 20 figure.
A sell trade with a SL above 25 could have a GREAT R:R of at least 1:5
SILVER XABCD-CYPHER will give us 17% account growthSILVER-xagusd
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⏳4 Hour chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
📚Educational
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Detailed analysis 💬
1️⃣ Strong break through the 25.00000
2️⃣ XABCD Cypher pattern-Bullish sign
3️⃣ Broad weakness of USD,USA election results outcome
4️⃣ 26.00000 Dynamic support and resistance
5️⃣ Price reached October high
6️⃣ 25.00000 will Acted as strong support
7️⃣ Technical support - Bull
8️⃣ 27.00000 acted as key reversal-bullish
9️⃣ October high-Immediate resistance-Alternative bearish entry
🔟 Possible swing target-29.00000-major psychological level
#️⃣ Overall bullish trend
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📉 Technical bias-H4-Bullish
Price Above 50,100,200 Exponential moving average
Relative strength index - Reached 70- overbought condition short term fall back expected
MACD -Turned green and well above signal line, oscillators pointing upward
Stochastic - Reached 75- overbought condition short term fall back expected
Ichimoku cloud -cloud is turned green-Price is above the cloud-Middle line support
Bollinger band- Price reached around the upper band-Short term bearish correction towards middle band
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Key reversal area's
25.00000 psychological level
22.60000 October month low
25.60000 October month high
25.60000 50% Fibonacci retracement level
30.00000 Major psychological level
24.75000 Possible entry- Bull
27.00000 psychological level/Trendline resistance
—————-✳️——————-
Bullish entry #silver #xagusd
Entry price - 24.80000
Take profit 01 - 26.00000
Take profit 02 - 27.00000
Take profit 03 - 29.00000
🚫 Stop lose 24.20000
⬆️ 17% Growth expected
⤴️ Account growth 2.4 : 16.96
✅ Risk reward ratio 1 : 7
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Looks Bearish StillThis is my first time looking at silver. And it still looks bearish overall according to the higher timeframes. I'm still marking up all the levels of this chart for future teammates. So pay attention to the levels I found on the 4hour. They could be hints where a key level or two is right now.
BULL TPS:
• 23.766
• 24.511
• 25.372
BEAR TPS:
• 23.257
• 22.688
• 21.846
SILVER XAGUSD analysis 05 Nov 2020Hi Assalam-o-Alaikum , Dear GooD Afternoon Hope you are well and enjoing your trading , i'm here with my new analysis of SILVER
SILVER XAGUSD analysis 05 Nov 202 0
I hope my analysis will help you in your trading best of luck
share your point of view about SILVER in Comment section , Thanks
OANDA:XAGUSD
FOREXCOM:XAGUSD FX_IDC:XAGUSD
I see a clear sun for SilverMy idea is about solar panels based on silver in every house of the world as the best conductor on earth, but also as cash... use metals as cash and we will ban the FIAT forever.
