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Xagusdlong

Silver to 18.50Context: Silver is currently trading within a Macro Range dated back from 2014 to now. This Range is based off monthly candles which suggest they are very wide apart. Currently, price is trading between 75% and 50% of the range. Recently, Silver breakout which seen a massive rise and is now facing some resistance at 17.50. There are 2 ways to get onboard the next rally. 50% FIB Retracement - Entry 16.1 , Stoploss 15.25 Await the retest of Daily Range High after current retracement - Entry 17.5 , Stoploss will be placed under low of current retracement Target : 18.5 How i play it? I will be putting limit orders awaiting . However, sometimes price do not retrace as much as we want so if it does , i will try to get on board as well. Levels mentioned: Dark Thick Green line - 75% and 50% of Macro Range Thick Black line - Monthly level which i believe current retracement will bounce off from
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by FX20
Silver Long - Overall Bullish AnalysisI am overall bullish on several. We saw a reversal in price in around the price of $11 and $12 and a huge breakout on Thursday/Friday has proven that a move to the upside is highly within reason. I've drawn about my support zones with the grey rectangular regions and the current price has bounced straight off the zone of interest. I've used a Fibonacci tool the help find a possible retracement for the ability to place more positions on a buy entry within the blue zone which would be the price range of $15.985 and $16.15. My targets are up to 18, 20, and by the end of this year possibly high $30. I will be sure to hold these positions with a moving stop loss if the retracement opportunity presents itself to me. If anyone has any advice on where I can find an additional entry, please be sure to share in the comment selection below. Thank you and happy trading to all.
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by africanxmamba
XAGUSD SILVER BULLISH FOR LONGRead 'em & Weep. Yellow targets are key resistance pts. --- we should hit that final green TP right around end of q2 IMHO: so end of June/Start of July expect to see XAGUSD hovering around 20-25$ range. Very BULLISH on this commodity; as I am with XAU, though Rosland Capital analysts have projected a $38-45 ($43 ATH) return with 400%+ projected TA yet to be priced in* *SOURCE: ROSLAND CAPTIAL DATA PORTFOLIO ANALYTICS ++ TD AMERITRADE PROJECTED ANALYTICS. Disclaimer Precious metals are not my forte; though commodities/currencies are my favorite form of equity. After vigorously studying portfolio analytics & data from Rosland Capital & TD Ameritrade: the aforementioned figures & projected analysis (with green TP / yellow TP representing both targets/resistance support, respectively) I am setting this as a LONG for it could be until the mid-end of next Q before we get there -- emphasis on COULD BE. Could be much sooner. Though I am firm on my bullish stance for XAGUSD & adamant it will return to its ATH by end of Q2. -@a1mtarabichi
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by UnknownUnicorn3861629