XAG/USD moving back to resistance Fib Silver putting in a solid move back to resistance - target is the 61.8 Fib zone - would watch what for the MA Squeeze for any pullback
Silverusd
XAGUSD. The price of silver will not change.Hello dear subscribers!
The price of silver will not change in the near future.
The price will remain neutral and will not change,
it will hit the mark (15.50000).
Good luck to you.
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This idea does not provide the financial advice.
Silver Rising WedgeSilver has formed a rising wedge
I expect after a final push the wedge will breakdown, i cant be sure though its just TA
The rising wedge pattern is a bearish continuation pattern
This is a short time frame 1H
IS THE SILVER READY TO FLY ?Silver wants to go up, grinding slow the resistance.
If we break up here, next target will be the 200 sma in 4H chart
Once there we can continue going up with some small retracement, so better to take a position now
Silver Against the dollar (my last post charted silver against GBP) silver has now hit the long term trend line created in 2001-2003 and after 'capitulating' has now reclaimed the .786 fibonacci level!
XAGUSD. The price of Silver has gained stability.Hi subscribers!
The price of Silver will grow because the key level has maintained
and strengthened the price at a stable level.
The price will rise up to the target.
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Silver fractalSome silver fractals, what i mean by 'equilibrium crossover' is the point where the rising wedge breaks down into the falling wedge, producing the bullish pattern. After some more movement down within the wedge upward movement can be expected as per the falling wedge pattern. Used a mirror support level for a possible reversal point for silver.
XAGUSD. Will the growth be so long?Hi subscribers!
The price of silver will rise.
The support level has started to work and helps the price to rise up.
The price will go to their targets.
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XAGUSD. Price for silver began its long-awaited growth!Hello dear subscribers!
In the previous chart for silver,
the price began to rise, the buy zone is still active.
Do not miss the moment.
The target is just above 17.40000.
Good luck.
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SILVER Intraday BullflagSilver has formed a bullflag on the 1H chart, this will lead to fresh gains. It can be seen that the price is sitting above the immedaite trend line resistance.
XAGUSD: Consolidation on the Lower Low. Buy opportunity.Silver has completed last week the bearish leg of the 1D Channel Down that started in September (RSI = 34.367, MACD = -0.179, ADX = 27.061, Highs/Lows = -0.7962) and made a Lower Low at 16.200. The RSI action shows that the price may consolidate a while before rising towards the Lower High zone, but remains an optimal buy opportunity nonetheless. Our Target Zone is 17.500 - 17.850.
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XAGUSD. Does this mean growth?Hey.
In just 4 days, the Silver price managed to fall from the resistance level to the support level.
For now, I would not recommend buying or selling silver. Because in this case it is a big risk, however,
the price will rise in the near future and will reach its target at a key level. Be careful. I wish you good luck.
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Silver - The Forgotten Store of ValueAlthough Silver/oz prices exceeded $36 in 2011 I believe that price action can be looked at irrational. With that being said we can identify over a long period of time that Silver has tested the 78.6% fib level TWICE now.
To follow that, we have always been in a "upward trend" except when we dropped down to $14 level in 2018 and 2019 which has shown to be strong support for over a decade. Around $18 dollars seems to show heavy resistance for over a decade as well. This $18 dollar level also happens to be 61.8% fib level.
If we can break through this 61.8% level ($18) we could see a surge in price. Especially if this "slight recession" that we are in now stabilizes over the next 3-6 months we could see the same price action if not heavier price action than we saw in 2010.
Short term price per oz action will be choppy between $16-$18 dollars until the global markets stabilize. Silver bullion would be a great hedge going forward with the times that we are in.
Please follow, comment and criticize.
Silver Inverse Head and Shoulders Pattern. $20 /oz by Mid SummerClear inverse head and shoulders pattern could lead to a breakout in silver, finanly above $20/oz. Leading the way for a bull run in the PM's.
Don't miss the great buy opportunity in XAGUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (17.87). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. SILVER/U.S. DOLLAR is in a range bound and the resumption of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Take Profits:
TP1= @ 18.33
TP2= @ 18.73
TP3= @ 19.65
SL= Break below S2
Don't miss the great buy opportunity in XAGUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (17.87). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. SILVER/U.S. DOLLAR is in a range bound and the resumption of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Take Profits:
TP1= @ 18.33
TP2= @ 18.73
TP3= @ 19.65
SL= Break below S2
Silver (XAGUSD): Short term action plan.Silver is trading within a Channel Down on the 4H chart (RSI = 43.954, MACD = -0.061, Highs/Lows = -0.0197) since January 7th. The RSI sequence however is currently posting a short term bullish signal. Our Target Zone is 18.000 - 18.100. If however the dashed Higher Low line breaks then the pattern will most likely complete the Lower Low on a roughly -5% sequence near 17.170.
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SILVER D1silver is middle of the down trend channel, on the other hand I think we have a support level 17.5
if you draw fibo level, you notice that the price reached to 61.8 after that pull back to up side
I do not think the metal market is going to down side, I am looking for buying opportunity
XAGUSD SilverUSD 1 Hour Fun Fact: Gold global production in 2018 was 3,260 metric tons and Silver was 27,000 metric tons. This is a ratio of 1 : 8.28, the “price” ratio is currently 1 : 89
Spotted another reversal on the 1 hour:
Previous Analysis:
This is not trading/financial advice.
Silver is about to start the madness!!Monthly looking bullish. Bull flag finishing up nicely.
On the daily time frame it bounced from .618 golden pocket retracement, around 17.28ish.
Ready to start wave 5 of this move. Finishing up wave 4.
Target would be around local highs at 19.5$
Long-term view 1-3 years bullish. It will retest the 50$ area in the next bull run which is about to start in my opinion.
I would buy the shit out of silver right now. It will drop a few cents to test the .618 or .786 of this mini wave, and then boom!
Silver's Midterm CorrectionWe will not be surprised if silver fuels from lower levels starting from now. Target is quite down so our stop is spread and leverage is low.
Entry: 18.16
Stop: 18.65
Target: 17.13
Have a nice week! Follow for more.
