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.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
Silverusd
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.
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
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.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
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.
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.
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
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!
ANALYSIS ON SILVERUSDANALYSIS ON SILVERUSD
Welcome to my analysis
-
4HR CHart
-
Interesting Point of interest In the SILVER/USD pair.
- Price above 200 day EMA.
- look for buy signals TO GREEN ZONE.
- Watch top for sell.
- Watch line for break out to the downside.
- MACD showing bearish divergence
Long term i am expecting move to the upside. Will update soon
Stay Tuned
Silver Surfer is catching up GoldIf you like this idea, don't forget to support it clicking the Like Button!
Silver consolidated around $18 last week. Gold / Silver ratio is currently floating around 86.6.
Silver incurred in an important price increase in 2019, especially after the Fed cut interest rates in July and September (2019). However, the metal has not been able to break the $19 price range consistently.
From a technical point of view, in the long run, I would be Neutral. However, the Gold / Silver ratio is still high, and, in my opinion, the disparity between the value of Gold and the value of Silver offers a profitable investment opportunity.
Investing Fellow
Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties.
Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
I am not a financial advisor.
Waiting for SilverIf you like this idea, don't forget to support it clicking the Like Button!
Hi guys. This idea is a long term analysis of the Silver bullish trend (probably bullish).
My tactic for silver is to wait until the point (C) is reached and to expect for candle confirmation of bullish trend continuation.
If you are looking for a short-term trade on Elliott corrective waves, I suggest you look to the related copper idea.
Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties.
Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
I am not a financial advisor.
XAGUSD (Silver): Long term Buy opportunity on Symmetrical TargetSilver delivered our expected aggressive bullish break out as posted on the idea below on December 9, 2019:
On this uptrend the Symmetrical Resistance levels seem to play a key role as investors seem to be taking profits on every test of those levels, pushing the price lower. The first level of Resistance was 18.110 and the most recent one 18.750. At the moment the price is on the pull back/ rejection of that Resistance level. We are expecting the 1D MA50 (blue line) to provide adequate Support for a rebound towards the next (and final) Resistance level at 19.600. The optimal entry level will be once the MACD makes a bullish rollover.
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
Silver Long Term Bullish Trend with 3 Possible Scenarios Currently bullish on silver with the following scenarios to be considered
A. Price breaks 18.20 resistance and continues higher to 18.70 or beyond
B. Short term pullback to 9ema zone before we continue higher and break resistance
C. A larger pullback to do more formal retest of the broken 17.40 area
All daily trend signals have flipped bullish (9ema, 20ma, ichi cloud twisting green), MACD also signaling green, the STOCHRSI is signalling a pullback in the near future.
Silver is a buy, any puts i'm in are for hedging.
SILVER Near Term ProspectsLooks like we are having a nice rally in SILVER to finish out the c-wave of a multi-month (b)-wave.
Fundamentally, SILVER is in a correction, so expect tops to be spikers and bottoms to form over time. Thus, once this (b)-wave rally completes somewhere over 18.31, expect price to get Monkey Hammered down in the following (c)-wave.