Xagusdanalysis
SILVER MIDTERM hello dear trader
Silver has a good price for the medium term... the head and shoulder pattern is clear in the daily chart... and now it is QM on the right shoulder... in addition, silver is one of the best when the market crash
my trigger and stop loss and take profit is clear in the chart
good luck
Silver- Price could rise to 24.50 (more than 1k pips)In my 13 September analysis on Silver, I said that the price could lose support and drop to the next important one at 22.30. The next day, the market did exactly this and touched the indicated zone.
However, this was just liquidity grabbing with XagUsd quickly rising back above the 23 figure on 15 Sept.
Just like XauUsd, Silver also reversed yesterday from the new top, leaving a Pin Bar on our chart, nevertheless, the structure remains strongly bullish, suggesting continuation.
In conclusion, dips should be bought with a 24.50 target.
Silver Big Bullish Move , BUY !Hello traders ,
looking at silver we can see that the price reached a support level and a bullish trendline.
the price formed the classic reveral pattern : the inversed head and shoulder
the price broke the neckline and it came down there currently testing it
i expect a bullish move towards the next key area.
trade safe!
XAGUSD TRADE IDEAhello
sideways downward bias on the daily chart
So, I only intend to enter the market once a trendline has broken and pulled back.
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills**
Thanks a lot for your support
Silver could also drop under supportUnlike Gold, which dropped under support yesterday, Silver managed to keep the range intact and is still trading above the newly found support.
However, when it comes to precious metals, the pressure seems to be on the sell side and Silver could also drop under range's support.
A drop under this level could lead to a 500 pips drop to the next important support at 22.25
SILVER BULLISH DOUBLE BOTTOM FORMED Hello traders so XAGUSD Formed a Classic bullish reversal pattern the double bottom
so we might expect a bullish reaction.
OUR BULLISH CLUES :
-the price formed a double bottom on a key support level (M30-M15 TF)
-RSI BULLISH DIVERGENCE
the breakout and retest of the neckline will be our confirmation .
leave a like and follow if you found this helpful i post weekly setups and signals on my tradingview .
this is not financial advice just my humble opinion.
Silver - LONGThis is worth a try here - LONG;
Overall environment is a mixed bag, with a strong deflationary bias at the moment. Rates (and the $) is sitting smack in the middle of all possible ranges thus, anything can happen here - and most likely will. If this doesn't turn here (quickly!) then it's no good. (Gotta watch it closely, with narrow stops.)
XAGUSD ) Long Term Trading IdeaHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
XAG/USD -Weekly Uptrend Outlook(update)- Silver's uptrend remains intact techincally speaking,
as long as its plenty of supports below are there to enforce uptrend resumption.
A decent Demand Zone as well just in case TVC:DXY starts flying by the next Feds Interest Rate Hikes decision after a Month of Breath,
making Financial Markets turn around.
For now, in the short term Silver may be struggling a little bit, only to find new
buyers at its close lower levels.
Losing grip of 0.618 Fibbonaci Trend Retracement would make me worried whether price will follow bars patterns
Note that bars patterns are there just to give a mere visualization idea for uptrends worst case scenario without breaking Weekly Uptrend market structure.
In case 22.1$ price level (recent HL market's structure) and support trendline is to be violated through huge selling volume, that would shift Character of Weekly Uptrend
Until the next one ;
Trade smart ,
TRADE SAFE
*** NOTE that this is not Financial Advice .
Please do your own Research before partaking on any Trading Activities
based solely on this Idea.
Silver- will history repeat itself?As I said, before, I usually use XagUsd as a leading indicator for Gold, and more often than not, this is the case.
Also recently, although XauUsd made a new low, XagUsd stopped its descent and reversed and on Monday the reversal was very strong, with the price slightly getting back above both the ascending trend line and the horizontal level followed by a clear up break the next day(yesterday)
If we look back at March, we could see a similar pattern, we a double false break and strong reversal.
With a renewed appetite for precious metals, we can expect price action to act in a similar way.
Technically speaking, a false break leads to reversal, and also, the recent bottom is marked by a lot of reversal candles and candle formations.
23.25 is strong confluence support and considering a trade in that zone with a target in the next important resistance a trade with a 1:4 risk: reward could be achieved