I think we are seeing a new run in Silver about to happen on higher timeframes to be honest and I intend to be long on this when the opportunities arise. We should see next level up at $35. It has been chilling sideways for the better part of about 3.5 years I think? What a good consolidation period honestly.
Intraday - Im liking the PA we got so far in Aug/Sept...
Price is approaching a strong resistance level at 23.21 which is a pullback resistance, 50% Fibonacci retracement and a 100% Fibonacci projection.
On top of that, we have a long term descending resistance line and the bearish ichimoku cloud contributing to the bearish momentum.
A reversal from here could see prices drop all the way down to 22.22 which is a...
Price has broken a key overlap support level suggesting that price might make a bearish breakout towards the 22.16 level. The 221.16 level is a 61.8% major Fibonacci retracement and a 127.2% Fibonacci extension. If price were to drop to this level, watch out for a potential bounce from 22.16 for it to rise back up to 22.69.
Please be advised that the information...
Gold bounce to to 1900+ then dump.
Looking at some key numbers in gold using Gann numbers. Major number of 2050.00 reached.
Based on Gann Fann analysis looks to be the end of the trend for gold.
Gold to drop until 2022. USD to BOOM.
President Trump will continue to ensure stable economic growth.
DJI and NASDAQ 100 both look solid
No need to short the tech...
XAGUSD seeing more upside if it breaks above the resistance zone!
Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Until next...
Hello dear precious metals friends, hope you're doing well guys! ;)
Silver is a candidate that is very emotional for me, since I had lost the majority of my funds back in 2012 with both XAG and XAU CFD trading. My whole effort with Edgy is since to basically inform retail traders to do not the same mistakes that I did back then.
But nonetheless, it is a chart...
Hello dear precious metals friends, hope you're doing well guys! ;)
Gold has a perfect Bull Flag EQ range ongoing currently on the 4H chart. For the case we see a short break, we will have the previous highs of $1,450, now potentally turned into an S&R zone, or of course, we could look to build higher Lows even prior to that.
For the case of a bullish breakout,...
- The setups shown in this video are all in Hindsight. I did not take all the setups detailed in the video.
- Learn to train yourself to see these examples by going through Price Action from the past and you will be able to see these form in real time and react accordingly.
Common names people give to thses setups: Supply and Demand, Support and Resistance,...
XAG-USD on the 2 hour chart is coming back down again from the bull run last week. It could represent an interesting level to buy again. Keep it on the radar screen.
