Silvershort
Silver M Buy / Sell Based on FIBO / GANNRisky can Buy at CMP 56420 stop loss 55990 Target 58050 / 58640
Sell at 58600 Stop loss 59480 Target 58640 / 58060
which ever entry triggers first then go that side and leave the other view
Fibonacci and Gann always rocks support us follow us and research with us
You heard it here first! 🥇 - DailyMarketUpdate 📉 Silver is tanking!
After reaching our defined turnaround zone in yellow, the bears take over the market. Just as indicated in our first Silver post (👇🏿 hyperlinked below 👇). The support level at $25.78 is broken, and the downtrend accelerates. The next support to watch out for is at $23.58. At around $23, we expect the next major countermove.
Happy Trading! Feel free to discuss!
Silver - TrendThe silver run has been really fun to watch and trade lately.
However, i believe it is ready for a pullback to ~ 23.4 area the coming weeks.
Stay safe!
XAGUSD is heading southSilver is heading south the 61.80% level of fibonacci retracement, but it may consolidate for at least two days.
XAG USD - Broke the Triangle!Hello Fam!
Short
Reasons:
Broke the symmetrical triangle to downward
Good luck to you!
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Idea is not the financial advice!
XAGUSD SILVERSilver idea, I rarely trade this but it looks good this week, with DXY looking bullish somewhat on the daily, and also XAUUSD looking bearish.
Opinions?
ridethepig | Silver Waterfall Event📍 What's in play here?
This boat is becoming very crowded and the absolute freeing move would be a pullback into support before continuation to the topside in 2021. I have dropped my target to 18.5x, because even after the defensive CB manoeuvres continue the strength is mostly priced, and late buyers are underestimating that.
The nucleus of the move comes from a 11 August with the start of an ABC part inside a 5-3-5 pattern to open up the possibility of a slingshot in wave 3. For now, to the downside sellers must not allow buyers too far down, or else the threat of the creation of a wedge would becoming disastrous. Take for example 22.4x and 18.5x as main targets to aim for. While to the topside, invalidation and reassessment needed above September highs.
Thanks as usual for keeping the feedback coming 👍 or 👎
Silver- a more clear view than GoldAlike Gold, Silver is offering a more clear view...
The price of Silver doubled its value almost verticaly and 30 zone acted like a clear ceiling for this commodity.
From this point the price could drop hard to at least 24 and in my opinion rallies above 28 should be sold
Possible waiting sell NFP approaching and could trigger a heavy dump..I still believe we need to test Aug 12 support before going long
Sturgeon MoonMost people don't really want the truth .They just want the constant reassurance that what they believe in is the truth
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SILVER DROP INCOMMINGXAG/USD
SELL
Silver is making a head and shoulders, this would mean its gonne have a correction to the downside.
USD will have its correction to the upside also.
Make sure u are on the right side of the trade this week because I think things can go fast.
Have a good day.
GV
SILVER ANALYSIS AND FORECAST FOR NEXT WEEK UNTIL 28th OF AUGUST Please share with me your thoughts,
Regards
Silver - Buy ZoneFantastic Buy Zone I have marked out here for potential longs into the 30 region. If price manages to break below the key level marked then we will consider a direction change but for the moment I still have a bullish bias.
XAGUSD Long/ShortI'm shorting this for fast cash, overall I still think metal is in bull trend as dxy is so dead right now.
I still holding some buy position and will go in for short if it pull back from my resistence level, or continue to add more position to long if it break the resistence.
Bearish on silver , waiting the price to reach support levelMy view on silver during the week of 17-21th Aug
