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Agusd

XAGUSD Parallel Channel LONG biasXAGUSD on the 15 minute chart had price action with a flat top then a VWAP line pullback into some continuation then rising into a head and shoulders and a fall into a support / demand zone with some tests of VWAP while underway. At present price sits on the support zone in this horizontal parallel channel with about !% of range. The ZL MACD well reflects the price action and has upgoing parallel lines at its terminus. The dual time frame RS indicator shows both low and higher time frames in the mid-range near to the 50 level. i see this as a good long trade setup for scalping or day trading especially with a leveraged forex trade potentially yielding high returns relative to the risk on the trade. It goes with out saying the trade needs to be managed for breakdown, breakout for an add and fakeouts of those.
FX:XAGUSDLong
by AwesomeAvani
Silver - Beautiful Support Level Hi, this is my new update for Silver. On 9th may 2022 we broke important support level 21.60 - 22.10$ in Silver and after ranging below it for 210 days, we finally broke the resistance on December 1st. In the last couple of days we are testing it, to see if it holds as support level again or not. I expect that we are going to hold the support level, because at the same time we have 100 and 200 days moving averages near the support level, we have also 50 and 200 weeks moving averages, so we are little bit to lucky :) Another thing we're looking at is that we are in a bullish expanding triangle and at the same we are getting back the bullish momentum in monthly timeframe for the first time since 2021. We have to be cautious too, because if we break the support level, I expect we are going much lower than 20$.
TVC:SILVERLong
by GOAT1375
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