XAGUSDPair : XAGUSD ( Silver / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
Break of Structure
RSI - Divergence
Fibonacci Level - 78.60%
Demand Zone
Xagusdidea
XAGUSDPair : XAGUSD ( Silver / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and " A " Corrective Waves
RSI - Divergence
Break of Structure
Fibonacci Level - 78.60%
Resistance Level
Silver ShortTechnical Analysis: Silver has failed to break above key resistance levels multiple times, indicating a lack of bullish momentum.
Market Sentiment: There's growing uncertainty surrounding global economic recovery, with concerns about inflation easing and a potential interest rate hike. This could dampen demand for silver as a safe-haven asset.
Dollar Strength: The US dollar has been strengthening, putting downward pressure on commodity prices including silver, which is priced in USD.
Supply Dynamics: Silver mine production is expected to increase, potentially leading to a surplus in supply. Meanwhile, industrial demand remains subdued due to global supply chain disruptions.
Risk-Reward Ratio: With resistance levels holding and fundamental factors weighing on silver, the risk-reward ratio favors a short position at this time.
A short signal for silver is recommended, with a focus on managing risk through appropriate position sizing and stop-loss orders.
XAGUSDPair : XAGUSD ( Silver / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame
Break of Structure and Retracement
RSI - Divergence
Consolidation Phase
Completed " 1234 " Impulsive Waves
XAGUSD Pair : XAGUSD ( Silver / U.S Dollar )
Description :
Symmetrical Triangle as an Corrective Pattern in Short Time Frame
Break of Structure
RSI - Divergence
Fibonacci Level - 61.80%
Impulse Correction
XAGUSDPair : XAGUSD ( Silver / U.S Dollar )
Description :
Completed Impulsive Waves " 12345 "
Rising Wedge as an Corrective Pattern in Short Time Frame
Rejection from Resistance
Break of Structure and Retracement
Fibonacci Level - 461.8
XAGUSD bullish scenario i am bullish on XAGUSD it will move up like XAUUSD chart. lets make money. good luck.
XAGUSDPair : XAGUSD ( Silver / U.S Dollar )
Description :
Completed " 123 " Impulsive Waves
RSI - Divergence
Break of Structure
Bearish Channel as an Corrective Pattern in Short Time Frame
Fibonacci Level - 61.80%
XAGUSDPair : XAGUSD ( Silver / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves
Consolidation Phase as an Corrective Pattern in Short Time Frame and rejection from Upper Trend Line
RSI - Divergence
Break of Structure
XAGUSD Pair : XAGUSD ( Silver / U.S Dollar )
Description :
Completed " 123 " Impulsive Waves
Fibonacci Level - 261.8%
Break of Structure
Bullish Channel as an Corrective Pattern in Short Time Frame
XAGUSDPair : XAGUSD ( Silver / U.S Dollar )
Description :
Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement
Break of Structure
RSI - Divergence
Completed " 123 " Impulsive Waves
XAGUSD Pair : XAGUSD ( Silver / U.S Dollar )
Description :
Completed Impulse Correction
Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement
Break of Structure
RSI - Divergence
XAGUSDPair : XAGUSD ( Silver / U.S Dollar )
Description :
Consolidation Phase in Long Time Frame
RSI Divergence
Break of Structure
Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement
XAGUSD
XAGUSD appears to be exhibiting a bullish trend on the daily timeframe, supported by an ascending channel and ABC pattern. The recent falling wedge breakout followed by a successful retest suggests further upside potential. It's prudent to await confirmation through bullish price action before considering entry into the market.
XAGUSDPair : XAGUSD ( Silver / U.S Dollar )
Description :
Completed Impulsive Waves and " AB " Corrective Waves
Break of Structure and Completed the Retracement
Symmetrical Triangle as an Corrective Pattern in Short Time Frame
RSI - Divergence
Rejecting from Strong Resistance Level
XAGUSDPair : XAGUSD ( Silver / U.S Dollar )
Description :
Falling Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line
Strong Divergence in RSI
Break of Structure and Completed the Retracement
Completed " 123 " Impulsive Waves
XAGUSD - SilverPair : XAGUSD ( Silver / U.S Dollar )
Description :
Completed the Breakout of the Corrective Pattern " Rising Wedge " in Short Time Frame and Completed the Retracement at Previous Strong Resistance Level. " 12345 " Impulsive Waves and " ab " Corrective Waves completed
XAGUSD 25/01Pair : XAGUSD ( Silver / U.S Dollar )
Description :
Falling Wedge as an Corrective Pattern in Short Time Frame with the Rejection from the Upper Trend Line. Completed " ABC " Corrective Waves and " 12 " Impulsive Waves. We have Break of Structure and Retracement
XAGUSDPair : XAGUSD ( Silver / U.S Dollar )
Description :
Bearish Channel with the Breakout of the Upper Trend Line and Retracement. Completed " 1234 " Impulsive Waves at Fibonacci Level - 61.80%. We have Break of Structure and Retracement. It will Reject from Upper Trend Line or Demand Zone
SILVER (XAGUSD) BUYING ON DIPS !!!! TILL 30$ HELLO TRADERS,,,
As i can see this chart is performing a harmonic pattern H & S and a clear view that this pair still in range for a very big incoming move Israeli and GAZA Tensions are escalating more & more Day by Day investors and traders are looking for safe-haven Gold already break 2000 level and looking for making a new all time higher high silver has also performed well on monthly based it had gain 3% .. commodity prices are sky rocketing now we have a great opportunity to enter this trade with a very low risk and a higher reward its just an trade idea not a financial advice whats Ur thoughts on Silver kindly share with us Ur idea in comment box we appropriate Ur love and support it help alot whole traders community here ....
Stay tuned for more updates
Silver Breakout ?Pair : XAGUSD ( Silver / U.S Dollar )
Description :
Breakout of the Daily Ascending Trend Line and Completed the Retracement. Completed " AB " Corrective Waves in Long Time Frame and " 12 " Impulsive Waves in Short Time Frame. Symmetrical Triangle as an Correction in Short Time Frame with the Breakout of Lower Trend Line
XAGUSD ( Silver / U.S Dollar )Pair : XAGUSD ( Silver / U.S Dollar )
Description :
Breakout and Retracement for the Daily Descending Trend Line and Break of Structure. Completed Impulse and Correction and Rejection from Fibonacci Level - 61.80%. Completed " 1234 " Impulsive Waves , Will make its 5th Wave at Daily Demand Zone
Silver short!Hi everyone!
Silver has been making lower lows. Obviously we look for shorting opportunities.
Notice confluent zone holding the price. IF price breaks 22.000 level then it's reasonable go short.
