Get started

Xagusdtrade

Silver- 24.40- 24.50 zone is the line in the sandSince August top at 30, Silver dropped 8usd (if we consider the low) which is approx 25%. The drop is clearly corrective in nature and, unlike Gold, Silver didn't make a new low. Now XagUsd is trading just under an important confluence resistance zone and a break and daily close above would signal the end of this correction On the short term 23.50-23.60 zone is support now and dips towards this zone should be bought with a target around 24.40 resistance
OANDA:XAGUSDLong
by Mihai_Iacob
1
Silver looks very differentThe price of Silver also dropped at the beginning of the week, but the chart looks very different than Gold's. First of all, we don't have a new medium-term low for Silver with the price stopping its descent just under 23. Second, from the last low, we have higher hights on our chart and the price looks very well supported by bulls. A break of this short term consolidation can put the price again above 24 and also could signal that the correction for Silver is done and the precious metal could resume its uptrend. I'm bullish Silver, more than Gold:)
OANDA:XAGUSDLong
by Mihai_Iacob
5
Silver- under 20 till year's end?Like gold, silver fell aggressively Monday after the vaccine was announced. The price stopped falling just under 24 and into the uptrend line support, recovered some of the losses after and now is consolidating. The chart structure is very bearish as long as the price stays under 25 and I expect it to break under support. Such a break could drastically accelerate losses and we can see Silver dropping under 20 figure. A sell trade with a SL above 25 could have a GREAT R:R of at least 1:5
OANDA:XAGUSDShort
by Mihai_Iacob
5
XAGUSD H4. This Analysis Based On Price Action Theory.We Have an Analysis Of XAGUSD H4. This Analysis Based On Price Action Theory. Pair is looking completely strong and heading to the north side full of bullish momentum. The swings are making successively higher highs and higher lows on the hourly and 4 hourly charts. Pair is trading above all the major and minor EMA lines which are favoring the bulls and heading towards the north side. RSI and MACD indicators are also favoring the bulls and heading to the north side full of bullish momentum. We will keep our view bullish on the pair as long as 23.80 level remains intact. Odds are in favor of bulls. The $25.00 level is the next arrival of bulls and a valid breakout of this level will open the way towards the $25.30 and $25.70 level. I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade. Thanks Regard shivamfx Technical Team Note- Please Take Only Two ✌️ 2% Risk On Given Analysis
FX_IDC:XAGUSD
by shivamfx
Silver - At the request of the publicSilver is not an easy market. It depends of many factors. Precious metal so most of the time follows gold. Industrial metal so it follows stocks as well. And as most assets the dollar determines its movement. Right now I think the significant part of silver damage in this intermediate decline is done. The decline started at 30$ and it dropped down to 22$. It was nearly 27% move. If you take a look at the XAUXAG ratio: you will notice that not so much left for XAUXAG to tag the 200 SMA. I don't think it will go much higher than that level. It might or might not tag the 200 SMA. For an outperforming silver decline we need the XAUXAG ratio trending higher . If it's going sideways or drops gold's decline will outperform silver's decline. That's the reason I suggested to switch from silver shorts to gold shorts. I think the gold drop from this point will be more severe ... Even if silver's drop slows down I still think we are going to tag the 200 SMA in October. There is also a good chance that silver will backtest the breakout level at 18.7$. Watching the weekly charts the maximum where this retrace can go is the 100 and 200 SMA at 17$. I don't see any realistic chance that silver will go lower than 17$ . JPM likes to cause a flash-crash in silver before the bull trend continues. If you have a short position I would set a take profit between 17 and 18$. If an overnight crash is coming better to take profit with the banksters...
OANDA:XAGUSDShort
by chartwatchers
4
XAGUSD H3. This Analysis Based On Price Action Theory.We Have an Analysis Of XAGUSD H3. This Analysis Based On Price Action Theory. According to Multiple Analysis, We Can See That the Market has a Bullish Direction Even those market prices make a double top 🔺This indication of sell but due trend line or previous support we consider & For this We have Two ✌️ Target (Resistance) Area Around @24.117 & @24.400 For More Confirmation, You can see that Bollinger Bands, Fib Retracement & Super Trend The all are reflected Market Bullish Pattern I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade. Thanks Regard Enclavefx technical group
FX_IDC:XAGUSD
by Enclave_fx
2