SILVER - NEW BREAKOUTHello Traders!
The Silver price failed to create a new lower low!
Currently, The resistance level (28.572 - 29.228) is broken!
So, I expect a bullish move 🚀
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TARGET: 30.35800🎯
About Silver / U.S. Dollar
Silver Prices have been followed for centuries. Silver (XAG) is a precious metal used in jewelry, silverware, electronics, and currency. Silver prices are widely followed in financial markets around the world. Silver has been traded for thousands of years and was once used for currency backing. Silver continues to be one of the most commonly traded commodities today. Silver prices are highly volatile due to speculation and supply and demand. Ag is the chemical symbol for silver on the periodic table of elements and its ISO currency symbol is XAG.
SILVER - Catch The Next BIG Wave!Our last 2 analysis of Silver has played out perfectly!
We identified that we were in a 5 wave impulsive move and were looking for wave 4 completion.
We have finally completed wave 4 and we are ready to load up for the 5th wave!
Trade idea:
- Risk entry anywhere above invalidation
- Safer entr
Silver H4 | Falling to 61.8% Fibonacci supportSilver (XAG/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 27.24 which is an overlap support that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 26.20 which is a level that lies underneath a pullback suppo
SILVER: Local Correction Ahead! Buy!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 29.21$
Wish you good luck in trading to you all!
SILVER - Bearish Double TOPHi Traders!
On Monday 12 August, The Silver reached the resistance line and failed to break it!
The price formed a double top pattern.
At the moment, The neckline is broken!
So, I expect a bearish move 📉
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TARGET: 26.63600🎯
XAGUSD / GENERALLY PRICES UNDER BULLISH PRESSURE - 4HXAGUSD
HELLO TRADERS
Tendency, the price is under bullish pressure, until trading above turning level at 28.58.
Turning Level: The price is currently trading above this level around 28.58. As long as it remains stable and stays above this level, a rising toward the resistance level (1)
Repositioning Silver to buy H4 19.08.2024Repositioning Silver to buy
Silver has formed a pattern of repositioning to buy
and if the pullback is given, I will look for a buy at 1/2 margin 27.90 to continue the growth.
I am targeting the area of 30, and further I will clarify.
On options bounced off the option hedge area at 26.50
and the h
SILVER (XAGUSD): Bullish Outlook & BreakoutSilver had been trading within a tight range on a 4-hour chart, but following the release of new fundamental data, there was a significant price surge that surpassed both its resistance level and a strong upward trend line.
These broken levels have now created a larger area of heightened demand. I
End of pullback????After making a major trend reversal on top, XAUUSD now pullback to upper line of his channel and heavy to goes higher.
On my view, Bear can take control again and push price lower.
Trade safe.
Good luck.
XAGUSDWe have an uptrend on 1D and 1W, where the price has broke up the downside channel inside of the rising channel. Price has retested the support zone, and will accumulate sometime before trend continuation. It is possible to see, that currently XAG stays near the bottom border of the bigger channel.
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