SILVER XABCD-CYPHER will give us 17% account growthSILVER-xagusd
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⏳4 Hour chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
📚Educational
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Detailed analysis 💬
1️⃣ Strong break through the 25.00000
2️⃣ XABCD Cypher pattern-Bullish sign
3️⃣ Broad weakness of USD,USA election results outcome
4️⃣ 26.00000 Dynamic support and resistance
5️⃣ Price reached October high
6️⃣ 25.00000 will Acted as strong support
7️⃣ Technical support - Bull
8️⃣ 27.00000 acted as key reversal-bullish
9️⃣ October high-Immediate resistance-Alternative bearish entry
🔟 Possible swing target-29.00000-major psychological level
#️⃣ Overall bullish trend
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📉 Technical bias-H4-Bullish
Price Above 50,100,200 Exponential moving average
Relative strength index - Reached 70- overbought condition short term fall back expected
MACD -Turned green and well above signal line, oscillators pointing upward
Stochastic - Reached 75- overbought condition short term fall back expected
Ichimoku cloud -cloud is turned green-Price is above the cloud-Middle line support
Bollinger band- Price reached around the upper band-Short term bearish correction towards middle band
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Key reversal area's
25.00000 psychological level
22.60000 October month low
25.60000 October month high
25.60000 50% Fibonacci retracement level
30.00000 Major psychological level
24.75000 Possible entry- Bull
27.00000 psychological level/Trendline resistance
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Bullish entry #silver #xagusd
Entry price - 24.80000
Take profit 01 - 26.00000
Take profit 02 - 27.00000
Take profit 03 - 29.00000
🚫 Stop lose 24.20000
⬆️ 17% Growth expected
⤴️ Account growth 2.4 : 16.96
✅ Risk reward ratio 1 : 7
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Silverlong
Silver - Can it go to 50$? We like to hedge by Buying Silver and selling Gold:
Gold is already at all time highs , but Silver is not even half of it's previous highs (2011)
Silver, the 'Cinderella Gold' is a semiconductor - thus rises with technology
Silver rises and drops togethjer with Gold, thus allowing us to have a beautiful hedging opportunity for the next few months
SILVER - Daily - My Thoughts Before US ElectionsHello everyone, Andrew here, want to start with, This Is Not a Political Preference or statement. If you look at the chart, you'll see either party will take Gold to it's next all time high. For different reasons, Gold will react volatile to this next presidential election. The color of the route represents the political party, Red of course is the existing party and Blue, it's rivals.
The following is what I copied from my Gold Chart, word per word. Silver, will create new all time highs as well in time frame.
The path for each party is based on my personal feelings on how I think Wall Street will react, in turn affecting short term Gold prices. That said, investors find Gold as a safe haven for uncertainty in our economy. The reason I feel the Red route will see a dip is because Wall Street should react positive. Why will Wall Street react positive? Less uncertainty in the economy. Changing parties makes investors nerves.
Why do I think Gold is going to 2400 and higher? Gold will continue its current path, but, may see a large boost soon after the election. With US Civil War looming, Debt, Gold manipulation letup, Political agendas and Record Spending, Gold has a very bright future IMO.
Will Gold hit $2400 in my time frame? In my dreams? lol...
I am not an investment advisor, please do your own homework and seek professional help before investing, period.
$XAGUSD - Inverted H&S on the spotHi guys! 👋🏻
🔔 There is a great opportunity for a profit on XAGUSD as Silver is about breakout from the neckline of the Inverted Head and Shoulders pattern.
🔔 I'd target 24.4200 as it bears a dynamic and static resistances
✊🏻 Good luck with your trades! ✊🏻
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SILVER/XAGUSD - Stay PatientAlthough price does look like it is breaking the bearish flag formation it has created, I would be extremely wary of a strong approaching supportive level coming up, price could very easily reverse from this point. What I will be waiting to see is a clear break of the supportive level marked followed by a re-test and rejection before entering a sell position.
COT Data - 71% Long
Sentiment Data - 89% Long
Silver Bump and Run Bottom QuickpostPlease review Bulkowski's site for the full write up of a Bump and Run Reversal Bottom
thepatternsite.com
Our lead in is a little short, being from Sept 1 to Sept 18, being about half the time of the 35 day average. Bulkowski does say the lead in can vary widely and I have even seen this on micro timeframes.
Very promisingly is this three day MACD set up, which has a significant amount of hidden bullish divergence (price action setting a higher low but the indicator setting a lower low) which suggest the MACD will cross the signal line as we get continuation of the uptrend (a higher high)
A review of Bulkowski always has a rundown of what happens in case of a throwback and so I refer you to him. This is a quickpost, after all. Please see my linked post on another BARR bottom. I really kick myself for not staying in this trade long enough. I am in AGQ and hope to play this to a higher high.
Silver in Uptrend channel.Silver (Spot) - Short term - We look to Buy
Trading within a Corrective Channel formation.
Prices have reacted from 23.58.
The trend of higher lows is located at 24.00. Further upside is expected although we prefer to set longs at our bespoke support levels resulting in improved risk/reward. Pivot resistance is at 25.53.
Preferred trade is to buy on dips.
Our profit targets will be 25.53 and 26.50
Resistance: 24.55 / 25.21 / 25.53
Support: 24.00 / 23.75 / 23.51
$XAGUSD - 26.120 is a must-test levelHi guys! 👋🏻
🔔 Silver mostly outperforms Gold whenever the DXY weakens, as a cheaper alternative of the safe-haven, similar to Bitcoin - Ethereum relation.
🔔 The daily chart demonstrates an end to the correction and an upcoming bullish run, Fibo 0.618 test, MACD and RSI.
🔔 Silver will continue bullish as global pandemic and money pumping into the economy continues. For the short-term I'd wait for a breakout from the dynamic resistance and go long upto the Fibo 0.618 level of the September drop, though Silver will and must test the dynamic resistance of the downtrend channel (flag).
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
ARDLooks to have hit long term support. Could reverse here for another leg higher. Argent currently have two projects in WA being drilled to expand their resources and reserves for copper/gold/silver. Both projects sit nicely in the vicinity of Newcrests massive Cadia mine, so this is elephant country. The Kempfield project had delays in July and August due to wet weather but is now in full swing. These assay results are due any day and could provide significant upside. Drilling at their second resource is due to begin this month. Exciting times.
SILVER LONG ENTRY XAGUSD SLVSilver, even after a savage nuke still remains in an uptrend. The pattern above is a BULLISH BAT harmonic. See my previous post on LINKUSD to see how these patterns work. Keep an eye on DXY as well. TP's include A, B and C of the harmonic! Watch for a bull div to form as we get closer to the PCZ!