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Xagusdlong

XAGUSD approaching resistance, potential bounce! XAGUSD is approaching our first resistance at 16.10 (Horizontal overlap resistance, 50% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 15.49 (Horizontal swing low support, 23.6% fibonacci retracement , 61.8% fibonacci extension). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding bounce in price should it bounce off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
FX:XAGUSDShort
by Tickmill
long xagusdlong xagusd entry: 15.7 stop loss: 15.4 tp :15.95 timeframe: swing Dear all previous metals bulls, Lets all make a guess, is gold reaching 1300 first or silver hitting 16 ? my odds are on gold of cuz, nevertheless , for those who wanna slowplay previous metals, you can try bulling silver as an alternative to gold. As both metals has a very high correlation coefficient for last 2 months, it is wise to long either one of them , but you may try silver as it is more undervalued than gold. ( in recent months) Do note that that silver is just hit a 3 years low of sub 14 dollars levels in as recent as nov 2018 As for the reason why I long previous metals, you can read my other post longing gold published on the same day Best of luck in trading 2019
OANDA:XAGUSDLong
by advancedstrategist
XAGUSD approaching resistance, potential drop!XAGUSD is approaching our first resistance at 15.6584 (horizontal pullback resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 14.9941 (horizontal pullback support, 61.8% Fibonacci extension, 38.2% Fibonacci extension). Stochastic (55,5,3) is also approaching our resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAGUSDShort
by easyMarkets
XAGUSD approaching support, potential bounce!XAGUSD is approaching our first support at 15.00 (horizontal pullback support, 23.6% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 15.62 (horizontal swing high resistance, 50% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias. RSI (34) is also seeing a bullish exit where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAGUSDLong
by easyMarkets
XAGUSD testing resistance, potential drop! Price is testing our first resistance at 15.21 (horizontal pullback resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension, Elliot wave structure) where a strong reaction could occur below this level pushing price down to our major support at 14.78 (horizontal pullback support, 100% fibonacci extension, 38.2% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAGUSDShort
by Tickmill
XAGUSD approaching resistance, potential drop!XAGUSD is approaching our first resistance at 15.16 (horizontal pullback resistance, 38.2% fibonacci retracement, 100% fibonacci extension, Elliot wave structure) and a strong drop might occur below this level pushing price down to our major support at 14.69 (38.2% fibonacci retracement, 100% fibonacci extension). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAGUSDShort
by easyMarkets
1
XAGUSD approaching resistance, potential drop! XAGUSD is approaching our first resistance at 14.51 (horizontal overlap resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 14.29 (horizontal pullback support, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX_IDC:XAGUSDShort
by easyMarkets
XAUUSD approaching resistance, potential drop! XAUUSD is approaching our first resistance at 1214.51 (horizontal overlap resistance, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1192.67 (horizontal overlap support, 76.4% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAUUSDShort
by easyMarkets
3
XAGUSD approaching resistance, potential drop!XAGUSD is approaching our first resistance at 14.25 (horizontal pullback resistance, 23.6% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 13.90 (horizontal swing low support). RSI (89) is also seeing a bearish exit and we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX_IDC:XAGUSDShort
by easyMarkets
1
XAGUSD approaching resistance, potential drop! XAGUSD is approaching our first resistance at 15.20 (Horizontal pullback resistance, 61.8%, 100% fibonacci extension, 38.2% fibonaccci retracement) where a strong drop might occur pushing price down to our major support at 14.58 (Horizontal overlap support, 61.8% fibonacci extension, 61.8% fibonaccci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresonding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX_IDC:XAGUSDShort
by Tickmill
XAGUSD approaching resistance, potential drop! XAGUSD is approaching our first resistance at 15.20 (horizontal pullback resistance, 100%, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 14.54 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX_IDC:XAGUSDShort
by easyMarkets
Silver Back At the Topside of The TrendLike gold, silver surged the last two weeks amid a global stock market correction. Now price is testing final resistance level of the trend. Follow the performance of the stock market & bonds closely, as a recovery in these assets will be very bearish for gold. Trade Step-ups: Bearish Reversal: Price rejects a breakout from the current trend. Profit levels to look for are 14.45 & 14.30 respectively. Bullish Breakout: Price breaks from current trend channel, look for consolidates above 15.00.
TVC:SILVERShort
by EmpowerTrader
XAGUSD approaching resistance, potential drop!XAGUSD is approaching our first resistance at 15.20 (horizontal pullback resistance, 61.8%, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 14.54 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX_IDC:XAGUSDShort
by easyMarkets
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
XAGUSD approaching resistance, potential drop!XAGUSD is approaching our first resistance at 15.20 (horizontal pullback resistance, 38.2% fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 14.53 (horizontal swing low support, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX_IDC:XAGUSDShort
by easyMarkets
1