Xagusdsignal
SILVER Analysis 20Aug2023if you look at the price movement last week, there is a possibility that a reversal will occur. I still use the Eliot Wave notation a few weeks ago with the assumption that the price will be bullish with the invalid area boundary below. if the area is violated then the elliot wave notation will change and the trend will probably be a complex correction wave.
SILVER Analysis 30July2023With the formation of a new LL in the wave structure, it is certain that the possibility of greater bearish continuation. It is possible that currently a complex correction wave is formed to determine the wave (2) where Wave 2 is always a correction wave. If you want to do a short, you can do it when the price approaches LH
Silver/XAGUSD end of session updateSilver prices shows positive trades now in attempt to move away from the bullish channel’s support line, reinforcing the expectations of continuing the bullish trend for today, which targets testing 25.30 as a next station.
Therefore, no change to the positive scenario that depends on the price stability above 24.90, as breaking it will force the price to turn to decline and head towards 24.05 before any new positive attempt.
XAGUSD(Silver) : Short Trade , 4hHello traders, we want to check the XAGUSD chart. The price has successfully broken the price level of 22.58300 to the bottom and stabilized below this price. Then the price, after settling in a suffering zone, was able to break this zone as well. break down. According to the strength of the downward trend, it is expected that the price can continue its downward trend and fall to around the price of 21.04900. Good luck.