XAGUSDHello Traders Welcome back to another profit day
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Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
XAGUSD moving through minor support area take small units long trade from minor support, if in case silver fall into the major support take big units long trade
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profit week guys
Xagusdidea
Silver- Bulls need a clear victory above 28Since the beginning of April the price of Silver has risen by more than 20%.
Now the battle is given between 27 and 28 levels and we will have a winner soon.
I'm bullish in the medium term and I expect a break above 28.
30 is my target, but a daily close under 27 would deny my outlook
XAGUSD growing from the support, time to buyHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
After today fall silver trying to grow up, Let's watch together
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit week guys
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
Silver- To maintain its strong bull trendAs I said in a lot of my previous analyzes, Silver is more bullish than Gold and although XauUsd lagged and stayed under 1900 and weel under its all-time high, XagUsd spiked to reach 30.
As normal a correction followed and Siver dropped over 15% to 26.
From a technical perspective, the structure remains strongly bullish and 26 is strong support at this point.
My strategy is to buy dips towards this support and 30 can be the target in the medium term
SILVER - The ShiningSilver intermediate cycle bottomed with gold on the 30th November.
Silver didn't have that serious decline at the end of the last intermediate cycle
like gold.
Notice that we were in a consolidation box for 4 months and today we broke out.
Is it too late to enter the party?
No. We are still early in this game and I think silver will run to 42 and maybe to 50 in the following 3-4 months.
I've already posted my thoughts regarding the XAUXAG ratio:
If you are looking for targets in silver I suggest to read the idea above .
If you are not in a position yet I would wait for a backtest of the consolidation box at 26.00$. If you already in a position I would increase the position size at 26$.
We have a lot of time in this trade before we have to worry about a top.
TSI is just turning up and RSI just reached the overbought territory.
RSI can stay overbought for a month or more just like last summer.
I will set this idea as a long idea as we broke out of the box but I would wait for a backtest at 26$ before entering.
Silver- buy dips for a break of 26As always, Silver is showing a more clear picture than Gold...
On Monday, similar to Gold, we have a false break of support, marked here with a strong reversal Pin Bar on H4. After this fake break, Silver re-entered its familiar range between 24.50 and 26.
Yesterday the intraday spike on Gold also affected Silver and bulls managed to keep 25 important zone intact.
At the time of writing Silver is trading at 25.90, just under important 26 resistance.
I expect a pullback from this resistance and this can be a good opportunity for bulls to buy dips for a break above.
This outlook is valid as long as 25 remains intact