XAGAUD A1+ setup. Perfect alignment for a squeeze to the upside!XAGAUD recent price metrics is conveying a rare but beautiful A1+ setup. One of my favorite patterns of identification of a short squeeze -- and this pair is showing that characteristic now.
Based on recent 4h price data, XAGAUD is very near at entering the heatzone. A break in structure of that area would mean a very strong momentum to the upside.
A 300 + pips growth prospect is expected on this attempt. Target set at 38.5
Spotted at 35.30
TAYOR.
SILVER-AUD
Silver price awaits further riseThe silver price resumes its positive trading, moving away from the 23.00 level, to support expectations of a continuation of the upward trend for the rest of the day, and the way is open to achieving our next main target at 24.14, breaching which represents the key to rushing towards 25.02 in the near term, recalling the importance of stability above 23.00 to achieve the proposed goals.
Pivot Price: 23.00
Resistance prices: 24.17 & 25.02 & 26.02
Support prices: 22.34 & 21.81 & 20.75
The general trend expected for today is bullish
Silver price is facing negative pressures Silver
if it falls above 22.71 in this direction will rise to 22.96 then 23.14 then 23.38
but if it is below 22.71 the direction will go down 22.44 , 22.21 then 21.95
Pivot Price: 14759
Resistance prices: 22.96& 23.14 & 23.38
Support prices: 22.44& 22.21 & 21.95
The general trend expected for today: bullish
timeframe:4
Silver 4H price gathers positive momentumHello everyone, The silver price is showing noticeable positive trading to approach our expected target of 22.71, and we remind you that exceeding this level will lead the price to achieve additional positive targets of up to 22.96in the near term.
Pivot Price:22.71
Resistance Price: 22.96 & 23.14 & 23.38
support price: 22.21 & 21.95 & 21.71
The general trend expected for today is bullish
Timeframe: 4H
SILVER 4H shows some slight upward tendencyThe silver price shows some slight upward bias, affected by the positivity of the Stochastic indicator, but since the price is below the 22.89 level, our expectations for the downward trend will remain effective for today.
stabilizing above 22.89 will support rising to touch 23.14 then 23.30 then 23.45
Resistance prices: 23.14 & 23.30 & 23.45
Support prices: 22.61& 22.45 & 22.20
The general trend expected for today: bearish
timeframe: 4H
Silver Bullion Spot Price - Spike up! Oct 3rd, 2022Significant pump up at about 8% today. . I will be watching this carefully. Not sure if this is a sign of a reversal considering the economy. Heads up. FYI only.. Thanks.
Disclaimer
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,( Technical Analysis ) are for informational and educational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, or post.
MACD ReLoaded Strategy - INDICES & METALS BacktestingThe pair and the time frame you see is the winner in the INDICES-METALS category with profit factor criteria
From 4032 results we have for this strategy :
* 1927 results with Profit Factor > 1
* 168 results with Profit Factor>1 and Sharpe Ratio>0
* 6 results with Profit Factor>1 and Sharpe Ratio>0 and Percent Profitable>50
* Best timeframe : 3m with 10 pairs
* Best pair for all categories : OANDA:BTCUSD with 20 / BINANCE:BTCUSDT with 18 timeframes
* My rating for this strategy is : 0.1488%
Check my posts for all instrument categories
1st (FOREX), 2nd(CRYPTOs) and 3rd(INDICES/METALS)
I will split each strategy backtesting in this manner
I'm talking for strategy
MACD ReLoaded STRATEGY (by KivancOzbilgic) Jul 04, 2021
I test 29 Forex pairs from FXCM, 51 Crypto Pairs from Binance and 46 CFDs Indices and Metals from OANDA
In total 126 pairs using 32 !!! timeframes
1,2,3,4,5,6,7,8,10,12,15,17,20,24,25,30,45 minutes
1,1-1/2,2,3,4,5,6,7,8,10,12,16,20 hours
1 and 2 Days
In total 4032 results per strategy
I like profit factor and Sharpe ratio as my main guides but also percent profitable does matter
The results of forex were with 1000 contracts, default currency USD and 0.07 USD per order commission
At Cryptos i use 1 contract, default currency USD and no commission because most cryptos are spread based.
At Indices i use the same details as Crypto.
I didn't touch any settings at the strategy for all three ideas (only the backtesting starting day where i maxed out the available data)
I can't post direct links according to house rules, since i love TradingView and i play with their rules.
However my profile links and my signature may help for extensive information.
Silver at Key Pivot Resistance!Sl1! Nice bull flag at strong pivot resistance zone, an uptrend, since March 31 lows actively riding as support the 9ema (blue line). Entry could be a 1-hour candle close above the .618 fib extension with the 9ema as support crossing the 28 levels. Also, consider another 9ema backtest - ascending trendline confluent if you connect a trendline from the swing lows. Same as the RSI, making higher highs and higher lows in this ascending trendline. Will be updating as we go. Sharing humbling my POV and will gladly discuss with anyone if we agree or disagree, I'm a Full-time Life & Market student, always learning! Best regards and Happy Trading! Keep it simple 😉
Why was silver going up again?The 1980 bullrun wasn't the same as the 2011 bullrun. Because Fiat decreased in value. The current bullrun isn't the same as 2011 and certainly not 1980. What I do say is new high in real value. Which means we have a long long way to go. Everything below 3 digits is cheap.
Search for value not fiat. Stocks are crashing for years already.
XAG/AUD - Another lovely down trendHere is another lovely down trend in play and another cross I am stalking. I'm waiting for a small bearish candle to present itself to me in the cradle zone, then will play a short trade if it's there. I like how the price is nearing in on the previous level of support/resistance. I'd like to see it test that level before bouncing to the downside.
We have convergence all the way up to the daily, as well as the trend in our trading direction.
I'll stress to you that I'm sitting and waiting to see what happens with this trend, I know what I'm looking and waiting for and will not settle for anything less.
If you're interested in learning the methods I use, visit; www.tradercobb.com
Peace, and remain patient.