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XAG

Silver (XAGUSD): Starting to go up!Silver (XAGUSD): OANDA:XAGUSD In Silver, we believe we have formed the low with Wave 2 at $21.93. Since then, we've developed Waves (i) and (ii), and now likely Wave (iii) as well. It appears we've caught up with Wave (5) at the 50% extension level at $25.36. Should we now drop for Wave (iv), we expect it to be in the range between 38.2% and 61.8%, more precisely between $24.12 and $23.30. The $23.30 level is also our invalidation level, as that's where the stop of Wave (i) is located. Initially, we believe we will accept the support zone at the subordinate Wave (4) for the overarching Wave (iv). We see this as a very interesting zone and, looking upwards, we believe we will head towards the $26 mark.
OANDA:XAGUSDLong
by freeguy_by_wmc
SILVER POSSIBLE ANALYSISAfter price has been breaking higher highs and respecting higher lows on higher timeframe, it was evident that price was in a bullish trend. Price has just recently retraced and mitigated a higher timeframe demand, and zooming down to our 4h timeframe, we see that price gave us a shift in market structure for bearish to bullish trend. Price has just now tapped a demand zone on which it could use to push to the upside to take out the recently formed high
OANDA:XAGUSDLong
by BlackTygaTrades