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Silveranalysis

SILVER (XAGUSD) | The best place to buy🎯Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In the count we had at higher times, we came to the conclusion that we will have an upward trend. This trend may be for wave 3 from the lead or for wave c from the correction. At this time, a wave has formed in a leading form, which we have labeled as the main wave 1, and now we doubt the beginning of wave 3 or still within the correction process for wave 2. For this purpose, we considered several ranges. The first range is the breaking of the canal roof (green circle), which is a confirmation for the beginning of wave 3 and the ascending trend. The next price range will be 21,000, which will be a downtrend if this range is completely broken. In the next analysis, we will specify in more detail what the ascending and descending scenario is like. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
FX_IDC:XAGUSD
by mahdisoltaninjad
SILVER - XAGUSD - LONG SETUPWe're looking for the LONG in Silver. Market has retraced to the 382 of the whole swing from Mar 2020 - present. It has also retraced 50 of swing higher from December 2021 - present. It has knocked on the door of a trend line connecting tops from May 2021-present. Currently market has come back to retest the breakout are from which it went higher. From here we're are looking for a LONG entry. Target would be the ABCD pattern taking us to 26.400
FOREXCOM:XAGUSDLong
by enzenator
1
MarketBreakdown | EURUSD, USDCAD, GBPCHF, SILVER Hey traders, here is a brief technical outlook of 4 peculiar instruments in my watch list. 1️⃣ EURUSD - 3 days time frame 🇪🇺🇺🇸 Even though last week was very bullish for EURUSD, we should remember that the pair is still trading in a long-term bearish trend. After setting a lower low last week the pair perfectly retraced to a major horizontal zone of supply based on the historical structure. For now, the underlined zone looks respected. I expect a further decline from that. 2️⃣ USDCAD - 12H time frame 🇺🇸🇨🇦 For the last two weeks, the pair is consolidating. The price is trading within a narrow trading range. 1.265 is its support. 1.28 is its resistance. Wait for a breakout of the range to catch the next move or consider intraday trading within the boundaries of the range selling the resistance and buying the support. 3️⃣ GBPCHF - Weekly time frame 🇬🇧🇨🇭 GBPCHF is trading in a bearish trend. Lower highs are perfectly respecting a major falling trend line. Last week the price reached that again. With a high probability, the next bearish move will initiate from there. Look for confirmation on lower time frames to short. 4️⃣Silver (XAGUSD) - Daily time frame 🪙 It looks like the market is forming a bearish accumulation pattern. The price keeps setting lower highs respecting the same lows. Be ready for an occasional breakout attempt of the horizontal support. Alternatively, a bullish breakout of a falling trend line will be a bullish signal. ❤️Please, support this idea with a like and comment!❤️
Short
by VasilyTrader
13
Silver Still bearish Hey guys, This is a follow up to my last silver post against stating the fact in the short-medium term Silver and the overall market travel together. Obviously not to the same percentages but direction, This is why Silver is a great indicator to overall market direction. I still feel Silver will fall to at least the C line before consolidating which would work with the us100 falling again over the next week. If Silver closes below the green line with that bearish candle it will be a quick fall to that Sub $20 mark. These points are also backed by the DXY gaining momentum after its little pullback.
TVC:SILVERShort
by jackwheeler
SILVER (XAGUSD) | The best place to buy🎯Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In the count we had at higher times, we came to the conclusion that we will have an upward trend. This trend may be for wave 3 from the lead or for wave c from the correction. At this time, a wave has formed in a leading form, which we have labeled as the main wave 1, and now we doubt the beginning of wave 3 or still in the correction process for wave 2. For this purpose, we considered several ranges. The first range is the breaking of the canal roof (red circle), which is a confirmation for the beginning of wave 3 and the ascending trend. The next price range will be 21000, which is a downtrend if this range is completely broken. In the next analysis, we will determine more precisely what the ascending and descending scenario is like. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
FX_IDC:XAGUSD
by mahdisoltaninjad
2
Silver: No Dormancy 🐻 🐻 🐻 Usually, at this time of year, bears would be snuggled up in a cozy cave or den for their annual dormancy. However, at the silver market, they are full of beans and hold onto the price fast. After agonizing about it for a while, the silver price has finally fallen below the resistance at $23.48. Thus, we consider the downward trend we predicted affirmed. If the bears can keep the price below $23.48, we expect it to go even lower and break through the next marks at $21.94 and $21.41. Still, there remains a 30% chance that the bulls could interfere and cause a change of direction. If they prevail and bring the price back above $23.48, they could even manage to shove it above the resistance at $25.49.
COMEX:SI1!Short
by MarketIntel
SILVER (XAGUSD) | The best scenario for climbing📝Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. As we said in the previous analysis, we will generally have an uptrend, which may be for the impulse phase or the continuation of the correction process. According to our count from this part, the process of waves 1 and probability 2 is over, and if the upper side of the channel is broken, the beginning of wave 3 is also confirmed. Otherwise, according to the previous analysis, the downward trend will continue, but it will deviate from normal and the strength of this decline will decrease compared to before. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
FX_IDC:XAGUSDLong
by mahdisoltaninjad
Silver can roll back to supportSilver has had a very good start of the year, with the precious metal gaining more than 10% in only 3 weeks. From a technical perspective, the price has started to drop from an important confluence resistance given by the falling trend line and horizontal support and we can have a continuation to the downside in the next days/weeks. 23.50 is now support followed by 21.50 very important one which can also be bears target. A new high above 24.50 would negate this scenario
OANDA:XAGUSDShort
by Mihai_Iacob
6
Precious Metals on a very important inflection pointYesterday, Gold has broken above a very important level, 1830, a level that acted as resistance since July last year, and at this moment we may wonder, is this just a spike, or Gold has resumed its long-term uptrend? Looking at the posted weekly chart we can see that after the strong reversal that followed August's low, the yellow metal has put in higher lows on our chart in September and in December (also this low is confirming a strong support zone at 1750-1760). Last week Gold has reversed again, this time from under 1800 and, as I said, yesterday it has broken above horizontal resistance. At this moment XauUsd is facing an important figure, both psychological and technical, 1850. A break above this level would put bulls in a very good position and could lead to further gains towards the 1875 last high's resistance. Also, a break is extremely important, putting a stop to the sequence of lower highs started back in August 2020. Platinum: Unlike Gold, the recent high for Platinum happened in February 2021, and since then XptUsd corrected more than 30% to 900 zone, a zone that acted as support for more than 5 years. At this moment the price is back above 1k and just under a very important technical confluence resistance provided by the falling trend line and the horizontal level. A break here is also very important, signaling resumption for the uptrend started back in March 2020 and giving scope for big gains for Platinum in 2022 (even to 1500) Silver: XagUsd's was more clear and technical than Gold's, with the price stoping and reversing for 5 times from 21.50-22.00 zone and confirming this old resistance as strong support At this moment here also the price is facing an important zone and once Silver gets above, considering its violence and volatility I wouldn't be surprised to see the price at 50usd and a doubling in value.
OANDA:XAUUSD
by Mihai_Iacob
9
Silver is approaching short term resistanceAfter making an instraday low just under 22 figure on Monday, Silver has started to recover and now is trading at 22.55. However, the rise from the low looks corrective and is overlapping and now the price is also facing 22.60-22.80 strong resistance zone. My opinion doesn't changed and I 'm still bearish Silver but at this moment I wait for more confirmations. A daily close under 22.40 would bring this needed confirmation and price can drop to 21.40-21.50 after such a daily close
OANDA:XAGUSDShort
by Mihai_Iacob
4