Xagusdlong
Silver can reach 28 in medium termLike its bigger brother, Silver is also strongly bullish and from my last suggestion to buy dips around 25 is up to 1k pips.
Also, it has risen so much I think there is much more in cards for XagUsd and it can reach 28 easily in the medium term.
So going forward traders should look to buy dips and an ideal place for this can be the 25-40-25-50 zone
A drop under 25 negates this scenario
SILVER (XAGUSD) | The safest target to climb🎯Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the count we had at higher times, we came to the conclusion that we will have an upward trend.
This trend may be for wave 3 from the lead or for wave c from the correction.
At this time, a wave has formed in a leading form, which we have labeled as the main wave 1, and now we doubt the beginning of wave 3 or still in the correction process for wave 2.
For this purpose, we considered several ranges, the first range is the breaking of the canal roof, which is a confirmation of the beginning of wave 3 and the uptrend.
The next price range will be 21000, which is a downtrend if this range is completely broken.
The channel ceiling is broken upwards and this wave is probably related to wave 1 of iii and in the next stage wave 2 starts and this wave completes after the pullback to the broken channel.
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Silver- Resumption to the uptrend is pretty clearAlso Silver is in high demand these days and the first signal that we can have a resumption to the uptrend has come on 21st February with a break above descending trend line resistance. 24.50 resistance zone was the next to fall and the price corrected after reaching 25.80 resistance.
Yesterday we have a strong green candle and now the price is in correction.
In my opinion, is pretty clear that Silver has resumed its long-term uptrend and this correction can be used as an opportunity to buy at better prices.
25usd can be a good place for this and medium-term traders can target 28
This bullish scenario is negated only by a daily close under 24 zone
XAGUSD TRADE IDEAfundamental:
The tone risk between Ukraine and Russia
technical:
Expect a pullback to levels 24.323 or 24.783 following the breakout above 24.700.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all
silver Silver ( XAGUSD ) is still in the sideways move since mid-2021 ,Silver is trying hard every time to penetrate the resistance levels especially the 50 EMA line
Today the Silver (XAGUSD) is trying to close above the 50 EMA line for the first time in February . if the Silver ( XAGUSD ) can close above the 23.08 level it will be a buy signal and the next resistance levels will be 23.6 and 24.44 which is the main short term resistance level (200MA blue line).
SILVER (XAGUSD) | The best place to buy🎯Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the count we had at higher times, we came to the conclusion that we will have an upward trend.
This trend may be for wave 3 from the lead or for wave c from the correction.
At this time, a wave has formed in a leading form, which we have labeled as the main wave 1, and now we doubt the beginning of wave 3 or still within the correction process for wave 2.
For this purpose, we considered several ranges. The first range is the breaking of the canal roof (green circle), which is a confirmation for the beginning of wave 3 and the ascending trend.
The next price range will be 21,000, which will be a downtrend if this range is completely broken.
In the next analysis, we will specify in more detail what the ascending and descending scenario is like.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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SILVER - XAGUSD - LONG SETUPWe're looking for the LONG in Silver.
Market has retraced to the 382 of the whole swing from Mar 2020 - present.
It has also retraced 50 of swing higher from December 2021 - present.
It has knocked on the door of a trend line connecting tops from May 2021-present.
Currently market has come back to retest the breakout are from which it went higher.
From here we're are looking for a LONG entry.
Target would be the ABCD pattern taking us to 26.400
Key level broken and buying opportunity with XAGUSDH2 time frame.
Structure: The downtrend ended when the Key level at 23.000 was broken.
Wait for the price to retest and the uptrend confirmation signal to appear, then you can find buying opportunities.
The profit target is the 23.800 and 24.800 price zones.
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Wish you all have a good trading day!
SILVER (XAGUSD) | The best place to buy🎯Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the count we had at higher times, we came to the conclusion that we will have an upward trend.
This trend may be for wave 3 from the lead or for wave c from the correction.
At this time, a wave has formed in a leading form, which we have labeled as the main wave 1, and now we doubt the beginning of wave 3 or still in the correction process for wave 2.
For this purpose, we considered several ranges. The first range is the breaking of the canal roof (red circle), which is a confirmation for the beginning of wave 3 and the ascending trend.
The next price range will be 21000, which is a downtrend if this range is completely broken.
In the next analysis, we will determine more precisely what the ascending and descending scenario is like.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
SILVER (XAGUSD) | The best scenario for climbing📝Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
As we said in the previous analysis, we will generally have an uptrend, which may be for the impulse phase or the continuation of the correction process.
According to our count from this part, the process of waves 1 and probability 2 is over, and if the upper side of the channel is broken, the beginning of wave 3 is also confirmed.
Otherwise, according to the previous analysis, the downward trend will continue, but it will deviate from normal and the strength of this decline will decrease compared to before.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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Silver (XAGUSD) SetupSilver (XAGUSD) is all ready to break the overhead resistance area. It has already tested the falling resistance area and likely to break this time.
We are expecting a little correction from here but mind you this will only be a buying on dip opportunity as it will break the resistance on next go.
Trade your levels accordingly.
Don't forget to share your valuable feedback in comment section.
Check our other Forex and Crypto Setup on Profile.
SILVER (XAGUSD) | Best point for sale🔥Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
The wave count performed for the silver weekly time creates several movement scenarios, but in all of these scenarios an upward movement the size of wave (1) is confirmed in the current analysis.
In the current analysis, wave 1 is composed of wave probably 5 at higher times, and we are inside wave 2.
Wave 2 is inside wave a and wave a forms its four waves in the form of five waves in the form of a triangle, and wave 5 is placed around the Fibonacci 0.38 or the lower side of the triangle.
In the current state of wave 5, a microwave is completed, and in the next wave and in the next wave, half of the previous wave is corrected in the first motion of this wave; The completion of this wave can be done with the same correction or it can be completed in the form of two other waves that are formed in the form of sideways in the same range and then the next descent to the lower side of the triangle occurs.
But in the next case, the descent will be created without any other side movement.
Finally, it should be said:
If the fibo is broken or the upper side of the triangle, which is more like a channel, is disappointed with the continuation of the downward movement and the wave count is somewhat different.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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