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Xagusdtrade

Silver- Ready to break above resistanceUnlike Gold, Silver is in a clear uptrend, with the price putting in higher lows and higher highs since the beginning of December. The spike to 30 from the beginning of February is now corrected and XagUsd looks ready to resume it uptrend. At the time of writing Silver is trading at 27.55, just under 27.80 resistance and a break above resistance can lead to a new challenge of 30 zone. Silver is in a clear uptrend as long as the price stays above 26 and dips should be bought
OANDA:XAGUSDLong
by Mihai_Iacob
8
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
OANDA:XAGUSDLong
by Mihai_Iacob
10
Silver- for my Cinderella critics 😱🧟Just my thoughts on Silver and some educational tips. a few things about Silver: - Silver has the highest thermal conductivity of any element Out of all the elements, silver is the best electric conductor, and is actually used as the standard by which other conductors are measured. On a scale of 0 to 100, silver ranks 100 in terms of electrical conductivity. Copper ranks 97 and gold ranks 76. - Humanity (technology) needs Silver like the desert needs some rain. It's the best semiconductor -The price of silver is driven by speculation and supply and demand, like most commodities. The price is notoriously volatile compared to that of gold because of the smaller market, lower market liquidity and demand fluctuations between industrial and store of value uses. - The price is systematically manipulated BIG TIME ( JPMORGAN example and off course, my Chicago friends at the CME , Merrill Lynch and COMEX also etc etc - probably even the Bogdanoff brothers 😱🧟) - This is no Gamestop for any retail investor group to be able to play with. It's too big. - Long-term Cycles in Silver: academic research did not find any clear evidence of silver price suppression. Moreover, when we look at the long-term behavior of silver prices (see the chart), we see clear cyclical patterns, not a permanent downward trend (or even a flat line). Thus: I expect the price to rise and I have the patience to manage my positions on Silver and also on AGQ, accordingly. That's me. One love FXPROFESSOR 💙
FX:XAGUSDLong
by FX_Professor
1
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
OANDA:XAGUSDLong
by Mihai_Iacob
6
Silver- Eyes on 30Just like Gold, Silver also had a good start of the year with price breaking above pennant resistance and confirming its strong bullish trend. As it was normal, 27.50 offered resistance and I believe this is just a pit stop in this uptrend Yesterday Silver confirmed 26.80 as new support and I expect an acceleration to the upside once 27.50 is cleared For this outlook to stay valid the price needs to stay above 26.50 and, as the title says, my medium-term target is 30
OANDA:XAGUSDLong
by Mihai_Iacob
3
Silver- 30usd in January?As I said before, in a bullish scenario, in my opinion, Silver has more to gain than Gold. And as we can see from the chart, XagUsd has spent the last part of December above important horizontal support from 25 and also above the descending trend line. giving us a clear bullish bias. Last days of 2020 the price of Siver consolidated and formed a pennant which also gives us reasons to be bullish and hopes for a continuation to the upside. My strategy is to buy dips around 26 and only a daily close under 25 would change my bullish outlook
OANDA:XAGUSDLong
by Mihai_Iacob
3