XAGUSD : PENNANT & INSIDE RANGE BARHello everyone! xagusd forming penant and inside bar in daily chart | bullish sentiment | target for 26+ | wait for directional movement near trendline .
Hope you like idea , plz share your views
Xagusdlong
Complete manipulation of this pairHello loves,
The ratio of silver to gold in the Earth's crust is 18:1...
Thanks for reading! <3
XAGUSD SD Analysis Both Gold and Silver are looking quite bullish, In this Idea I will wait for the price to drop from 17.42-17.60 area to 16.46 area where I am expecting a new demand zone. Once a demand established I am expecting price to carry on the trend up to 18.70 area.
Disclaimer: This is not a recommendation or trading signal, it's just an idea for educational purpose, make your trading decision at your own risk and seek independence advise if necessary.
XAGUSD Silver - A new cycle and new highstest
What awaits precious metals? Good returns short term I believe. This is my first look at this.
Why do we ignore Silver?Gold has always been attractive to forex traders and the last few weeks were no exception. Silver, on the other hand, usually does not get the attention it deserves.
I would suggest that silver come on your watch list now, since gold is at/near all time highs. There is a lot of room to the upside in XAGUSD.
I can see a nice setup developing on the H1.
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As always, please use sound money and risk management in all your trades.
SLV closing over 2016 August high of $19.71.On July 24th, SLV closing over the 2016 August high of $19.71. The next Fibonacci level (.786) is $23.48, then $26.93. On the options market, August calls for $22 was over 7000. Sept $22 calls over 12000. July 23rd, a $24/29 October call spread bought 20k in volume. FOMC meeting is July 30th and expecting jpow to say they are printing more money. Hope you all are banking on gold and silver stocks!, Have a great day! Cheers!
I called the break out but closed at $19.3 :(Dont even think about shorting metals just buy the dip because you will get obliterated if not.
XAGUSD (Y20.P3.E1).Go Long with silverHi All,
With the current climate of the weakening dollar due to the massive fiat printing press, as well as other reasons, clears the way for other currencies to gain ground. Eg the EURO gaining ground on the dollarr.
Its time to buy silver and go long.
The chart does explain the 2 targets I see for going long.
Cheers,
S.Sari
Silver: Things just GOT REAL !! 6.5 year channel BROKENSilver has powered above long term down-sloping channel resistance.
A fakeout is possible - but it looks like a long term bottom might be in on silver - and the beginnings of a big new uptrend are taking shape
Sliver break and retest...$20 soonPrevious resistance has been broken and is now seems to be acting a sport based off of two candles rejecting that zone ...a stop below the level and a target of around $20 should be good
Silver - Triangle gameI'm watching silver for weeks now . It's in a triangle and it seems it's finally breaking out today.
The precious metal intermediate cycle is getting mature but I still think silver is not done yet. If I'm right we are going to have those 1$ up days in the following 2 weeks what we had last summer.
The question is if we can break through the multi-month-blue-trendline on the daily as we are breaking out of the triangle. If we do the rally can produce a 3-4$ rally up to 22$ in a very short period of time (5-10 days) :
I'm also watching the XAUXAG ratio:
The bear flag on the above chart is breaking down. It means silver will rally much more violently at the end of this precious metal intermediate cycle than gold.
I will use a stop if price turns back and breaks below the triangle.
Important : JP Morgan can hit this anytime to turn back down producing a bull trap. If we can't hold the breakout and reverse you will have to stop this out. Banks are hungry for your money. They've lost a lot during the pandemia.
Hi Ho Silver!!!Silver historically has followed gold so according to this chart we should see a massive spike in silver over the next couple months... Past performance is not indicative of future results but this is as close as it gets.
Silver UnclearDear Friends I Request You To Let me is this Trend Sustainable because Volumes are Decreasing and Price is Rising Is this Uptrend Sustainable ?
Silver long - 4hSilver in uptrend on 4h. Currently holding on support of around 17.3. Targeting push to next major resistance ~ 19.
Also sitting nicely in buy zone between 10-20MA on daily TF
XAGUSD. Silver will grow further!Hello dear subscribers!
The price of gold and silver performed well during the crisis.
The fall was strong, however, in a short period of time,
valuable metals were able to quickly recover after a large fall.
The price of these resources will rise even at least to the level of resistance,
there is a target.
Good luck to you!
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