Silverusd
AGQ - Lose a thousand or make a million🍒💰My favorite ETF to buy.
Why buy Gold at almost record all time highs?
Why trade Silver futures with a high leverage that can bit me in the ass in a single day?
I prefer to buy the ETF and trade it like a share✔️, thus no expiry on a CFD✔️, no huge leverage✔️, no expiry means i do the broker no favors✔️
For this trade alone I have an account on a broker just for this one, yes only this trade. I deposited an amount I can lose without crying and I do 2 things:
I buy it and I compound the profits.
If Silver goes to 50 again then this should go to 700s again like it did 10 years ago.
If that happens, the broker will be in pain. My favorite people to hurt (financially) is the brokers.. as you all they can afford it.
Risk to reward with a leverage of 5 and compounding is 300 to 1. I take this trade 20 times if I have to (this is actually attempt number 3😉)
Silver Price at Trend line Support | Uptrend Silver chart is showing really good trend line support here it can move higher and higher
Silver price today is moving in below last 3 day low. breakout above will be our entry.
After correction in US dollar Commodities Price is moving good also in pandemic situation Investor majorly hold the commodities and bitcoin which is one of the best investment considered by the major institutions.
silver price must close below or above the trend line for next price direction
Silver Bullish scenario, wave 3 in preparation 238$Silver is gaining momentum in bullish territory on the monthly chart.
All MA's are now acting in support which is really good. VWAP is also under which give great push on the upside.
Here are some projection for next Grand Cycle Wave 3
Based on last intermediate wave 2, the intermediate wave 3 can reach :
161.8% - 86.688$
261.8% - 133.092$ (my favorite choice)
361.8% - 179.496$
The Big view can bottom of Grand Cycle Wave 2 give us a clear path for W3 to :
161.8% - 86.688$
261.8% - 129.64$
361,8% - 178.288$
461,8% - 226.612$
Some upside strong indicators :
-Bullish Monthly KDJ
-Monthly RSI in bulls control
-5M chart bullish Stoch Rsi
-5M bullsih KDJ
-5M Bullish RSI
-Everything look good on daily, weekly chart-
-Weekly MACD gaining momentum
-Daily MACD Bullish-
-Pretty strong momentum Monthly MACD
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Silver - interesting entry Preconditions:
- global uptrend
- local uptrend
- large accumulation at the bottom, shows the big player who buys on the cheap silver..
You will learn the best place where we can trade this instrument at low risk.
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- 30usd in January?As I said before, in a bullish scenario, in my opinion, Silver has more to gain than Gold.
And as we can see from the chart, XagUsd has spent the last part of December above important horizontal support from 25 and also above the descending trend line. giving us a clear bullish bias.
Last days of 2020 the price of Siver consolidated and formed a pennant which also gives us reasons to be bullish and hopes for a continuation to the upside.
My strategy is to buy dips around 26 and only a daily close under 25 would change my bullish outlook
Silver - Daily and 4H bullish scenario Here's the scenario I'm thinking of for Silver, it might drop a bit to the demand zone where there's a strong support on different timeframes, it also indicates to be overbought on the daily, macd is weak and stochastic want to decide.
Anyway, it might drop as I said or just continue to be bullish to target 29. But if it dropped I don't expect it to go under 200 ma (red moving average).
If none of the above scenarios happen then we got another demand zone as backup (22.5)
Silver Getting Ready To Continue It's Parabolic RunSilver has been in a sideways descending channel consolidation for several months. Many are convinced Silver has lost its momentum and will cease to grow, we know this is false, Silver will rise and challenge its previous all-time high in the coming future. We need to see a close above the monthly pivot to initiate a shift in the current trend, followed by a strong close above the descending channel top resistance. Keep in mind, failure to close above the pivot "could" result in a move to the bottom of the channel, overall I expect the price to stay within this channel if it pushes down further
Silver- New challenge of 25?After a first leg up from 22 to 25, Silver entered a period of correction/consolidation.
The price is staying above 22.20-22.50 zone support and I expect this support to hold and a new leg up to follow.
Dips towards this support should be bought for a new challenge of 25 resistance
Silver- Bullish also on short term (H1 outlook)A few minutes ago I made an analysis and explained why I'm bullish Silver in the long term.
Looking at H1 chart we can see that XagUsd is also bullish in the short term...
After the drop from 2 weeks ago and the low from Monday, Silver recovered quickly and price and up just under 24.50 zone important resistance.
In this H1 chart, we can clearly see that price is pressing this resistance and it formed an ascending triangle.
A break to the upside should accelerate gains towards 26 resistance.
Interim resistance are 25 and 25.50 and 23.50 is strong support now
Dips towards this support should be bought and also buying the break can be a good strategy
XAGUSD Silver Welcome back guys
Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not Financial Advice.
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Previous 3 Months silver in a channel path you can see that in the graph, if not break the resistance red line on the channel, you can take the sell shot
SILVER
STOP LOSS 26.00
SELL LIMIT 25.40
TAKE PROFIT1 24.30
TAKE PROFIT2 23.30
TAKE PROFIT3 23.30
Good Luck,
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Enjoy The Trading Guys
SILVER another move coming after several days of consolidation?SILVER looks to be winding up towards the end of the next consolidation period, with a move in the next few days likely. A move up could take us back to $25.50 and a move down could take us to $22 and change. Worth watching over the next few hours.
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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