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XAG

Gold - XAUUSD is about to push above 2 000 USDTechnical and fundamental factors continue to push gold higher. At the moment, it trades around 1 995 USD/oz., just slightly below 2 000 USD price tag. We maintain a bullish stance on gold and we expect it to break above 2 000 USD and continue higher. Our medium-term price target of 2100 USD stays in place. Our long-term price target of 2300 USD also remains active. Technical analysis - daily time frame RSI, MACD, and Stochastic are all bullish. DM+ and DM- show bullish conditions in the market with ADX rising. Overall, the daily time frame is very bullish for gold. Technical analysis - weekly time frame RSI, MACD, and Stochastic are all bullish. The same applies to DM+ and DM-. Meanwhile, ADX shows that the bullish trend of a higher degree continues to strengthen. Overall, the weekly time frame is very bullish for XAUUSD. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
OANDA:XAUUSDLong
by Tradersweekly
16
SILVER (XAGUSD) | The safest target to climb🎯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 counting shows that in general a forward motion has been formed which may be for wave 1 or a and wave 2 or b, and now we have entered a new phase by breaking the channel related to the term. This trend may be for wave 3 or c. However, we assume that these waves are related to wave-1, and that this wave 1 has completed its 1, 2, and 3 microwaves, and now that it is in the range of 26,500, it can be said that this prz range is a harmonic pattern. It has formed its 4th wave, this 4th wave is probably formed in the form of a zigzag and this zigzag breaks the black channel downwards and moves up to half of the blue channel and then prepares to form the 5th wave. This analysis is just a possibility and has no validity. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
FX_IDC:XAGUSD
by mahdisoltaninjad
11
Silver double bottom nearing a confirmation breakoutXAG is looking solid. I've been accumulating the SLV ETF as well as FSM, SVM, and PASS since December. The weekly candle for December 13th was the proof in the pudding for me. Seller exhaustion on both the MACD and RSI with confirmed classic bearish divergence. Now XAG is approaching a confirmation of that double bottom. If XAG breaks the $26 neckline to confirm the double bottom, we'll probably see a $30 price a few weeks later. The way I see it, any pullback would be a gift if you're not allocated to SLV or silver miners. If Gold continues to push precious metals higher, I think silver will outperform gold by 50-100% during the next 6-18 months. And I still think we'll see a $2,700 Gold price within 2 years (by the end of 2024). So, that could mean a $50-$100 silver target. We'll see the closer we get there. Precious metals and miners are looking primed for a solid run the next couple years.
OANDA:XAGUSDLong
by MediumOfEscape
1