Xagusdshort
#XAGUSD ANALYSIS.. BEARISH ARGUMENTS.. I think that there are critical points to be considered in the long term for silver.. It is very important for investors to pay attention to some small details from past to present..
In the weekly chart, the price of silver is below ma50 and ma100, silver should rise above these levels for a positive trend.. As I mentioned in my previous publications, I think that we will see a strong sales wave again in the markets on a global scale, I accept that what happened in oil prices is a leading indicator.. We can see that there are similar structures in technical indicators by projection from past to present, RSI and Coppock show some similarities with 2008, and it is worth noting that 2008 is a crisis period just like the current year.. I think that we can see a similar price movement in the process we are in and we will see a retreat up to $ 8.5 in silver price..
Disclaimer: I am not a financial advisor.. Please do your own due diligence when it comes to trading.. Invest at your own risk..
I wish you all the best..
Silver- A drop to 14 is probableAlike Gold, Silver is in a clear downtrend.
The price corrected the previous leg down and the rise stopped just under 16 strong resistance.
The major trend is ready to resume now and a down correction for Gold can only help.
I will sell Silver for a 14 target with stop loss above 16 for a comfortable R:R of 1:1,5
XAGUSD. Price will fall to a key level.Hello dear subscribers!
The price of Silver will fall at the moment when the price enters the sell zone,
the Price will fall to a key level, but will not fall beyond this level.
Watch the dynamics of prices.
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This idea does not provide the financial advice.
Silver Is Heading to $11 After A Short-term RecoveryHere we can see Silver making a simple zigzag pattern from September 2019 high. Wave (a) unfolded as a leading diagonal with 3-3-3-3-3 internal structure.
It then followed by an a-b-c zigzag retracement in wave (b). Since the completion of wave (b), the bears have enjoyed a massive decline in wave (c) which is not completed yet.
According to Wave Theory, five-wave make an impulse. Price seems to just complete wave iii of (c) in CADJPY's case, and wave iv is in the making.
This, in turn, meant that once the recovery in wave iv ended, another selloff in wave v of (c) would be very likely to complete the five-wave impulse pattern.
Wave iv has the potential to retest the blue resistance level that lined up with a 38.2% Fibonacci level.
What's your view on Silver?
XAGUSD : Level Break Confirm.Thanks for Taking Interested in my Trading Idea.
XAGUSD : Level Break Confirm.
Market Looks Move to more Downside because Support level was broken.
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XAGUSD sell on H1Plan : wait for price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
$XAGUSD $SLV #Silver repeating 2016Silver is a strange one, the chart looks like a volatility chart, ie sudden spikes up, which then slowly fade (unlike stocks which do the reverse).
The last cycle from Jun 16 to Jun 18 was a classic bearish descending triangle. Price action from summer 2019 looks remarkably similar to May 2016 onwards, we are now at Nov 2016, which means this is just the place to short for a 6.7:1 trade.
SELL 18.00 (MARKET), SL 18.50, TP 14.65, RR 6.7
XAGUSD sell on H3Plan : wait for prices to bounce off horizontal / trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
ANALYSIS ON SILVERUSDANALYSIS ON SILVERUSD
Welcome to my analysis
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4HR CHart
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Interesting Point of interest In the SILVER/USD pair.
- Price above 200 day EMA.
- look for buy signals TO GREEN ZONE.
- Watch top for sell.
- Watch line for break out to the downside.
- MACD showing bearish divergence
Long term i am expecting move to the upside. Will update soon
Stay Tuned