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Xagusdforecast

Buy Silver Long Term - XAG/USD BullishWith the current situation going on in the world with trade wars among the highest economies and NATO and Russia kicking off some of the largest military exercises since the end of the Cold War, we can expect the price of metals to increase for the next few weeks as people would cash out their money from their banks and invest in a commodity because of the current uncertainty of the ongoing situation. breakingdefense.com From the technical analysis side, XAG/USD is at its lowest since 2009. It hit this level 3 times since then. Once in 2015, next 2017 with its sudden crash and finally now. It has been retaliating its bearish trend since half September and is currently trying to find support on top of the 50 EMA. As it's in consolidation between the 50 EMA and 200 EMA on the 8H chart, we can expect a big move to happen eventually. Most probably to the upside. Give it some more time to confirm it's support on top of 50 EMA (A day or more) and you can invest. The same situation is clear for any other metals. Wether it's XAU/USD or XCU/USD, it is the beginning of the reversal of it's multiple months of bearish trend. Although, for XAU/USD we would need to wait for it to pullback and find support for it to continue up higher. *My point of view on what is going on and the interesting opportunity to arrise with the increase in price of commodities. Make sure to do your own analysis before making any investment and never solely on the opinion of someone else. Trade safe.
FX:XAGUSDLong
by MoolahMaker
4
Does XAGUSD move in tandem with XAUUSD? May be or maybe not?XAGUSD is another interesting chart we are interested in reviewing this week. The question is whether XAGUSD moves in tandem with XAUUSG. It's worth noting that sometimes they are and sometimes they are not. Here's why. From a technical outlook, XAGUSD is facing a very strong resistance at 17.35 - 17.70 area where XAGUSD found its swing highs on 16 Oct 2017 and 17 November 2017 previously. Therefore, we are watching the chart very closely to see if the price will break above this resistance level or it will turn into a triple top formation. In the case of a potential triple top formation, we forecast that XAG USD will potentially test these support areas - 16.30- 16.70. If these levels do not provide the necessary support, XAGUSD may potentially go back to test the recent swing low at 15.60 on 12 December 2017. We will monitor this instrument closely and will provide you with regular updates. Good trading NinjaSingapore 19 January 2018 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
FX:XAGUSD
by NinjaSingapore
XAGUSD : NO FEAR - PART 2Hi traders, With the barrage of negative US data we been receiving, with gold showing that this run isn't over yet, with DXY showing overall weakness against all other majors.... I'm calling long from here. Also that previous wick tells us that the bear are in control. everything else is pointing the other way. We also have a nice bounce off FIB extension from here which gives a nice technical aspect to this trade. XAGUSD LONG ENTRY : 16.97 SL : 16.858 TP : 18.57 Trade safe! Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
FX:XAGUSDLong
by ScottMescudiForex
4
XAGUSD : GIVE IT TO MEHi traders, Silver has been giving us bearish signs lately. Its movements (bearish wicks) are showing us selling pressure up above. Mix this with what it now looks like a downtrend channel.. and we have a potential bearish run ahead of us. DXY just can't seem to really fall at the moment which is not a positive outlook for silver. As we all know, commodities like to follow each others movement. Gold is also doing the same thing as silver. This brings us to believe that we might see silver going down yet again. Here's what I'm thinking : XAGUSD SHORT ENTRY : 17.112 SL : 17.297 TP : 15.86 Trade safe! Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
FX:XAGUSDShort
by ScottMescudiForex
2