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Xagusdbuy

XAGUSD : NO FEAR - PART 2Hi traders, With the barrage of negative US data we been receiving, with gold showing that this run isn't over yet, with DXY showing overall weakness against all other majors.... I'm calling long from here. Also that previous wick tells us that the bear are in control. everything else is pointing the other way. We also have a nice bounce off FIB extension from here which gives a nice technical aspect to this trade. XAGUSD LONG ENTRY : 16.97 SL : 16.858 TP : 18.57 Trade safe! Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
FX:XAGUSDLong
by ScottMescudiForex
4
Silver testing major resistance, watch for a reversal!Silver is testing major resistance at 17.21 (61.8% Fibonacci retracement, horizontal swing high resistance) and a strong reversal could potentially occur at this level to push price all the way down to 16.21 support (Fibonacci retracement, horizontal overlap support). Stochastic (34,5,3) is seeing major resistance below 96% and a recent bearish exit signals that further downside movement could occur on price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX:XAGUSDShort
by Tickmill
SILVER LONG IN PROCESSSilver completed abc pattern on daily time frame Silver paused on Daily TL and then created a reversal channel formation then broke out of down channel creating an impulse move up, Price pulled back into bullish order block, cleared stops and now possible up trend in play my buy order was set 16.464 which was the bullish order block from where price broke out of the down channel. it got triggered on the pull back after impulse move out of reversal channel entry: 16.464 SL: 16.100 (dynamic stop) TP: 17.1325
OANDA:XAGUSDLong
by DMequities