XAG
SILVER (XAGUSD) | The best place to buy🎯Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the count we had at higher times, we came to the conclusion that we will have an upward trend.
This trend may be for wave 3 from the lead or for wave c from the correction.
At this time, a wave has formed in a leading form, which we have labeled as the main wave 1, and now we doubt the beginning of wave 3 or still in the correction process for wave 2.
For this purpose, we considered several ranges. The first range is the breaking of the canal roof (red circle), which is a confirmation for the beginning of wave 3 and the ascending trend.
The next price range will be 21000, which is a downtrend if this range is completely broken.
In the next analysis, we will determine more precisely what the ascending and descending scenario is like.
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!!! SILVER !!! - First call to the buy !Hi,
We have the first call to buy, but the RSI indicates at least two more days of decline.
Let's go carefully until Tuesday when the RSI will indicate bullish.
On the chart we see 3 points for entry, tomorrow I think we will have less volatility do not expect big moves.
This is just an idea.
Take care.
SILVER (XAGUSD) | The best scenario for climbing📝Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
As we said in the previous analysis, we will generally have an uptrend, which may be for the impulse phase or the continuation of the correction process.
According to our count from this part, the process of waves 1 and probability 2 is over, and if the upper side of the channel is broken, the beginning of wave 3 is also confirmed.
Otherwise, according to the previous analysis, the downward trend will continue, but it will deviate from normal and the strength of this decline will decrease compared to before.
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✅SILVER WILL GO DOWN|SHORT🔥
✅SILVER is about to retest a key structure level
Which implies a high likelihood of a move down
As some market participants are taking profit from longs
While others find this price level to be ok for selling
So as usual we have a chance to ride the wave of a bearish correction
SHORT🔥
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SILVER Local Short! Sell!
Hello,Traders!
SILVER is making a pullback from the resistance
After a the price retested the level
And I think that we will see bearish continuaiton
With the retest of the local support below
Sell!
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See other ideas below too!
Silver (XAGUSD) Analysis 04/03/2021this is a 2 Day Candle Chart
as we can see the Price is up Ranging in a Yellow Ascending Parallel Channel where currently it is trying to break the lower bond.
there exist a Fibonacci golden zone of the smaller impulsive wave, which can show Support and if the price bounces from it then we can target the 1TP, which is Fibonacci Expansion -27% level of the main Bullish Wave.
the Red Box (Fib Confluences Level IMPORTANT) is the confluences of the 76.4% Fib Retracement of Smaller Impulsive wave and 38.2% Fib Retracement of the main bullish wave, where if the price falls and it stands as a support and bounces the price, then we can target the 2TP, which is the -61.8% Fibonacci Expansion Level of the main Bullish Wave.
there are 2 Vertical Lines which Shows the Speculated Dates for Achieving the Specified Targets, they are specified by Trend-Base Fibonacci Time,
there are total of 2 TPs Specified
1TP=35$
2TP=41$
please comment your Opinions...
SILVER (XAGUSD) | The best area to fall🔥Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
The wave count performed for the silver weekly time creates several movement scenarios, but in all of these scenarios an upward movement the size of wave (1) is confirmed in the current analysis.
In the current analysis, wave 1 consists of wave 5, probably 5 at higher times, and the valance is inside wave 2.
Wave 2 is inside wave a, and wave a forms its five waves in the form of five waves in the shape of a triangle, and wave 5 is located around the Fibonacci 0.38 or the lower side of the triangle.
To complete this wave 5, we will have a descent to the lower side of the triangle before the Fibonacci retracement of 0.618 or the range of 23,500, but this is normal.
And after this move, wave a ends and wave b starts, which corrects for a long time and in terms of correction up to Fibo 0.618, ie 25,600.
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