Silverlong
Silver- New leg up?As I said in my previous Silver analysis, as long as the price stays above 22.20 support, bulls hold the upper hand.
At this moment, on H1 chart and smaller time frames, we can see a small pennant forming which can lead to continuation.
The confirmation comes with the price above 22.65-22.70 zone and the parget can be 23.50
Silver- Where to buy?After breaking above the trend line resistance on Friday, and confirming the drop under 22 as a false break, Silver has riched a high around 22.7
Now XagUsd is in a normal correction and this can be a good opportunity for bulls to load long positions
A good place for this is 22.30 support and a break back below 22 would invalidate this bullsih scenario
23.50 could be the target
Silver- Buy dips is my strategySimilar to Gold, Silver also has reversed strongly yesterday and at this moment is trading in confluence resistance as well.
A break to the upside would confirm reversal on medium-term and also a false break of support
Buy dips is my strategy and I will remain bullish as long as the recent low is not violated
First Majestic: Turnaround soon? 😢😢😢It has not been a particularly good year for the First Majestic stock. However, we expect a turnaround just above the support line at $12.56. If the bulls can turn the course around there, big-time upward movements await us. If the price falls below the support line, we will see one-digit prices.
Happy trading!
SILVER SYMMETRICAL PATTERNHello
Welcome to this analysis about SILVER , we are looking at daily timeframe perspectives. SILVER in recent times heavily decreased with bearishness however it now moved into an oversold condition. SILVER is developing here that will be a decisive factor in the upcoming times. I discovered the main formation SILVER is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how SILVER has emerged with this key SILVER SYMMETRICAL PATTERN marked in my chart with the black boundaries. SILVER is near support region which is an important support and also psychological support-mark together with the lower-boundary of the SILVER SYMMETRICAL PATTERN a pullback
In this manner, thank you for watching my update-analysis about SILVER and its major SILVER SYMMETRICAL PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
SILVER SYMMETRICAL PATTERNHello
Welcome to this analysis about SILVER , we are looking at daily timeframe perspectives. SILVER in recent times heavily decreased with bearishness however it now moved into an oversold condition. SILVER is developing here that will be a decisive factor in the upcoming times. I discovered the main formation SILVER is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how SILVER has emerged with this key SILVER SYMMETRICAL PATTERN marked in my chart with the black boundaries. SILVER is near support region which is an important support and also psychological support-mark together with the lower-boundary of the SILVER SYMMETRICAL PATTERN a pullback
In this manner, thank you for watching my update-analysis about SILVER and its major SILVER SYMMETRICAL PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
SILVER HARMONIC PATTERNHello
Welcome to this analysis about Silver, we are looking at daily timeframe perspectives. Silver in recent times heavily decreased with bearishness
however it now moved into an oversold condition. As when looking at my chart now we can watch there how silver has emerged with this key AB =CD harmonic pattern marked in my chart. Silver is Active Harmonic B point
In this manner, thank you for watching my update-analysis about SILVER and its SILVER Harmonic Pattern. support the analysis with a like and follow or comment for more market insight!