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Gold - SilverGold & Silver - Gold finds support at the Fibonacci 50% ratio retracement level. In Gold - The bearish run could end here or gold could progress to the 38.2 % ratio retrace at $1,688. Silver is also at such a key level. Bang on the 61.8% ratio and a classic double bottom pattern resides here for a phenomenally strong confluence of support at this stage. I was about to open a leveraged XRP trade, however I spotted a double top pattern on the hourly chart, so I held fire for a while. #gold #silver #technicalanalysis #currency #chainlink #indices #preciousmetals #trading #equities #forex #trading
OANDA:XAUUSD
by DanBee78
Plan for SILVER - WHEN I WILL BUYHey tradomaniacs, in this chart I show you where I will look for potential BUYS. Current treasury-topic in the U.S is putting GOLD and SILVER under pressure as higher yields are a good alternative to no-interest-assests such as metalls. I will wait for a retest of this area of SILVER breaks through the current low and support-zone. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
TVC:SILVERLong
by Trading2ez
3
Will SILVER Collapse or Surge from here?Here, In the beginning, the trend was incremental. But after making a sharp peak, it converted into the descending one. It started to increase by making arc-shaped strong support and fell from the peak. The trend made an ascending triangle between the support trendline and resistance trendline. If from the last candle of an ascending triangle, It moves in the upper direction, there will be an ascending trend, and the targets will be 26.4186 and 27.3800 . But if it will fall after the ascending triangle, There will be a downtrend. And targets will be 21.2500 and 20.2686 .
OANDA:XAGUSD
by forextidings
2