Silvercharts
Silver at Key Pivot Resistance!Sl1! Nice bull flag at strong pivot resistance zone, an uptrend, since March 31 lows actively riding as support the 9ema (blue line). Entry could be a 1-hour candle close above the .618 fib extension with the 9ema as support crossing the 28 levels. Also, consider another 9ema backtest - ascending trendline confluent if you connect a trendline from the swing lows. Same as the RSI, making higher highs and higher lows in this ascending trendline. Will be updating as we go. Sharing humbling my POV and will gladly discuss with anyone if we agree or disagree, I'm a Full-time Life & Market student, always learning! Best regards and Happy Trading! Keep it simple 😉
MAY 1ST SILVER SHORT SQUEEZEThis is the most textbook swing trade I have ever seen in my life. 4 strong rejections from the 5.80-6.00 zone. Sentiment from the silver short squeeze can easily take this stock back to 7+ very quickly. This is not financial advice, I am not advocating the buying or selling of FSM stock.
Silver - a great breakout pattern⚡️I will buy after...Price has a powerful key level of 26.6. Now we're forming squeezing. It's a nice reason for further growth. I see the entry point only after breakout and retest.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
S I L V E R - Trade Idea!!S I L V E R - Trade Idea.
Precious metals overall have a lot of catching up to do compare to other commodities such as: Lumber, Copper and many others the list is endless. We saw this a yr a go coming due to Bloomberg commodity index, inflationary aspects was going to rise further. We've had good returns overall in commodities area, but isn't it time we pay attention to where precious metals is heading.
We have been ranging for while, however there are still trading opportunity in the 'old skool' precious metals at a good risk/reward! Yes, aware that a lot of attention has gone towards cryptocurrencies this yr allowing further institutional investors with wide divide on the aspects on what to invest in. However, I still look at precious metals as % of my portfolio.
Technical Aspects
Pattern: Short Term - Pennant Longer term - Potential H&S Developing
Support: 25.625, 25.165, 24.970
Resistance: 26.660, 26.915, 27.305, 27.935
Key tip: Stick to your trade plan and develop consistency
Best wishes,
Mind Capital
(Just trade idea, not a recommendation)
Silver - target №1 - ✅, target №2 - soon. Look where to enterCongratulations to everyone who was with me in this position. TP№1 - hit. I continue to stay in. and wait for the realization of TP2. Who those who didn't enter, I showed 2 entry points in the chart. First: price starts squeezing, makes a breakout, and retest (entry point after that). Second: the price will drop on zone 25.6. There is a good time to buy.
Write below who opened a position with me and write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Silver: Waiting for the Entry Point ✅✅✅A lot of you have asked us to analyze the silver price, so here it is! We expect the price to rise between $27.045 and $27.825. From there, we believe that the silver price will be moving downwards for a long time, as we expect it to fall under $20. This would be an amazing opportunity to enter on the long side and hold those positions for an extended period. However, there still remains a 35% chance of an early breakout above $30.35.
What would you like us to look at next?
SILVER- 27 or Higher?Probably higher for reasons we have touched before.
Silver was close to 50$ in 1979... how can it possibly remain so cheap in 2021 after all this printing?
I am buying, do what you believe with your money. If you wish to go short wait for the 27$ mark and give it a go -resistance/support- .
the FXPROFESSOR
(Update) AG showing Triangle Pattern, breakout incoming?Hi. In this 4h chart I've plotted a prediction of the Elliott wave pattern that could emerge as the price has now broken through the diagonal resistance line.
I believe that the previous downturn when the price moved to the peak of the triangle was a correction wave and the current movement is the following impulse wave and that the price is currently in the first correction and that the biggest line of the wave is coming next.
See the link to the previous idea below if you want to know more.
Thank you. Please, if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods with you.
This does not constitute financial advice.
Any projected prices, even if explicitly stated, are made with intent to discuss the symbol and potential interpretations.
Any trades shown or mentioned are examples and neither recommendations or mandates.
XAGUSD (SILVER).......BUY...BUY
💹XAGUSD(SILVER) ⏬BUY @ 25.2655
✅TP-1# 25.5675
✅TP-2# 25.8341
⛔️SL 24.5654
N.B-Silver create Bearish butterfly pattern.If have small
balance plz avoid Silver trade now.Because highly volatile.
📊 Trade Accuracy 80% 📊
📊 Follow Proper M.M & Use S.L 📊
.....................................................................................
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions.
THANK YOU
Silver - we boughtLarge tringle in a long upward trend. I see continued growth. The accumulation phase confirms my thoughts. Only buy.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Silver possible bullish reversal Hi Traders
Silver (H4 Timeframe)
A low to medium probability, to go LONG is forming @ 26.473 after the market found support @ 25.342. Only the downward break of 25.342 would cancel this bullish scenario.
Trade details:
Entry: 26.473
Stop loss: 25.342
Take profit 1: 27.071
Take profit 2: 28.138
Take profit 3: 29.877
Score: 5
Strategy: Bullish Trend Reversal
SILVER 4H TIMEFRAME Welcome to BittuFX - Trading 🎯
EURAUD 4H TIMEFRAME!
SILVER SELL - 25.993
🎯TP - 25.789
🎯TP - 25.585
🎯TP - 25.381
📈SL - 26.197
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Silver ascending triangle xauusdI just realised that silver is in ascending triangle, which is bullish biased pattern. This could potentialy break out into downside, however I don't see how environment would indicate that. For the swing trade you should wait for break-out and confirmation before starting a trade. For a long-term store of value/inflation hedge this seems like not bad entry.
Turn at the bottom of the trend channelFollowing the development of the silver price since the hype some time ago it seems that we now from a technical analysis standpoint are the bottom of a longer term trend channel. From here on out my idea is that we will turn back climbing upwards towards the upper parts of the trend channel.
But hey - I'm just a TA Noob, so don't take me all to serious.
Silver can go to 30 and above if it clears 28As said before and I will say it again, in the past months, Silver's trend and evolution clearer than Gold's
And as you can see from the posted chart, after reaching 22 on Thanksgiving week (1765 correspondent in Gold), Silver has had a clear uptrend. More, last week's fall in Gold to 1760 has a 26.50 correspondent in Silver, being far from a drop and just a simple and minor correction (and 22% higher than the recent low).
I expect this divergence to continue, and Silver to be more bullish than Gold also in the future.
My strategy for Silver is buying dips and I expect 28 zone to be broken and XagUsd to accelerate its up-move
The first resistance is at 30, but this can be easily be broken if we also have a wave of Gold optimism.