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Xagusdanalysis

XAGUSD - Metals Trading | Elliott Wave Structures I Q2 2019*If you like this idea please support it with a like so I can publish more. Thanks! More details about me in my signature. XAG/USD - Elliott Wave Outlook Bullish Swings - Patterns: ABC Swing in Primary X (purple) Leading Diagonal in Intermediate (A) (blue) Expanding Flat in Intermediate (B) (blue) Ending Diagonal in Intermediate (C) (blue) Bearish Swings - Patterns: ABC Wedge Formation in Intermediate (A) (blue) Next expected swing: Bullish sequence in Intermediate (B) (blue) Structure change: A breach of the lower trend-line from the Ascending Channel could result in more weakness ahead
OANDA:XAGUSD
by Lionheart-EWA
XAGUSD (Silver) Analysis: Bullish Chart Pattern A breakout and price close above 16.202 is bullish for Silver….bullish price swing should last for weeks to months. The Daily timeframe is examined in today’s XAGUSD analysis with coverage from price peak of 21.00 on July 1, 2016 to current date. The major trend in Silver ever since its peak of 21.00 is bearish. The chart pattern that is of consideration in this analysis is the falling wedge chart pattern (diagonal). Another chart pattern that would also be valid for price action in XAGUSD is a bearish price channel. In either case, a bullish breakout upon confirmation is ideally anticipated. Further discussion will focus on the use of a falling wedge in conjunction with other important aspects of the chart annotation. The 50 day and 200 day moving average of XAGUSD is used to help maintain proper perspective in price action with XAGUSD currently consolidating at the 200 day MA. A break below the 200 MA is bearish and could possibly trigger more selling, with a close below 14.52 increasing the chances of XAGUSD testing the lower boundary of its falling wedge. 16.202 and 15.594 are indicated on the chart as immediate resistance price levels in XAGUSD. The most conservative strategy to go long (buy) involves buying on a breakout above 16.202. Less conservative strategies would seek to buy prior to confirmation or price close above the upper boundary of the wedge. A great advantage of understanding chart patterns is their forecasting ability. Assuming the use of a bearish price channel for example, the width of the channel can be used for a bullish silver forecast long term once price closes above the upper boundary of the channel. Such projection would be the minimum price anticipated for the bullish swing with the trade expected to last for weeks to months.
FOREXCOM:XAGUSDLong
by Coin_Analyst
SILVER - Bearish behaviourGood weekend everyone, WEEKLY: As we can see on weekly timeframe, silver is been on a big descending triangle since 2016 and failed to break the descending trendline 7 times so far. If you check the last weeks volume up-wave, its decreasing, maybe there is no interest on buying silver yet? The price closed the week below 50ema weekly. DAILY: After the rally upward, silver failed to keep creating new HH (chech RSI bearish divergence) and HLows and now is struggling around fibo retracement zone. 4H Ok see these last green candles on the yellow circle? low volume say : no demand. So overall, silver looks bearish so far and a break below current low can trigger a short opportunity with good RxR targeting the bottom of the big triangle, first support zone would be around 14.65 usd. This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
FX:XAGUSDShort
by MarcelMartins
XAGUSD // Silver Midterm OutlookHello traders! Today we take a look at XAGUSD // Silver within the forex markets. Currently price has shown us a strong rebound off of our Weekly EQ level forming a Demand Pivot on HTFs. I would like to see price re-test our Supply area for a rejection @ our EQ at 15.980 to pave the path towards new lows towards our EQ level and thus wiping out liquidity where we can see accumulation occur for XAGUSD. A break above this EQ level with a strong HTF close will shift bias towards the upside towards our Daily Supply level for Silver. Twitter // Telegram
OANDA:XAGUSD
by TDSniper
Silver. Posible doble bottom w bull dvg in rsi + (maybe) macd .Posible doble bottom w bull dvg in rsi + (maybe) macd in this 2h-chart. Macd in this 2h has crossed down at 0-line, this has to cross back up above again, for any significant rising to happen. One fib is at 1.618 at this bottom, and a bigger fib 0.5 (the hole move up from bottom in 2018), is also around here. It's at the bottom in a rising channel. Cross our fingers here.... bc it's not written in stone yet :)
OANDA:XAGUSDLong
by skrotkalle
DONT READ THIS!!!!!We have our target zone ( green box ) marked out ready for price to park itself in, this zone has been used as key support and resistance before as you can see. Silver has been in a downtrend market since mid may 2016 and we can see this continuing until our target is hit, and as you can see from the bearish candles last week and this week there is still a lot of selling power around, after our target is hit we can see a lovely bullish market come into play as the US economy goes into recession. What are your views on this trade? comment below.
OANDA:XAGUSDShort
by ApexFX_Pro
Silver Back At the Topside of The TrendLike gold, silver surged the last two weeks amid a global stock market correction. Now price is testing final resistance level of the trend. Follow the performance of the stock market & bonds closely, as a recovery in these assets will be very bearish for gold. Trade Step-ups: Bearish Reversal: Price rejects a breakout from the current trend. Profit levels to look for are 14.45 & 14.30 respectively. Bullish Breakout: Price breaks from current trend channel, look for consolidates above 15.00.
TVC:SILVERShort
by EmpowerTrader