XAGUSD approaching resistance, look out for potential reversal!XAGUSD is approaching its resistance at 15.530 where it is could reverse down to its support at 15.094.
Xagusdshort
XAGUSD - SILVER - Wait for BreakoutOANDA:XAGUSD
1.Imporatant Resistance @ 15.58 zone in Daily chart.
2.If it breaks above go for buy.
3.If it breaks below 15.30 go for sell.Till then Watchout with "PAY-TIENCE"
Happy pips and Happy weekend,
Pipdified.
XAGUSD reversed from resistance, potential drop!XAGUSD reversed off its resistance at 15.29139 where it could potentially drop further to its 14.59140.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XAGUSD approaching resistance, look out for a potential reversalXAGUSD is approaching its resistance at 15.14749 where it could reverse down to its support at 14.63819.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
THE GOLDEN OPPORTUNITY OR THE UGLY SIN?Trump threat to Mexico for implementing the tariff, U.S China ugly trade war and hint by the U.S government that they could cut interest rate as soon as this summer, all are weighing on the U.S Stock indexes and benefiting the precious metal sector in a profound manner,we believe the yellow metal could easily climb $20-30$ from the level which it's currently trading at but today’s low-range close suggests the bulls are near-term exhausted and need to pause before moving higher. You would need to keep in mind that our current existing position in the yellow metal is long term trading position where we have the ability to move our stop loss higher where it is placed now due to low risk and enormous reward nature of the transaction. On the flip side, we could see a lifetime opportunity for you to enter a short position once the market will digest the news however we won't recommend you to do so at the moment.
Short term-Bullish
Our long term positions are well intact in both gold and silver.
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
XAGUSD approaching resistance, potential drop! Price is approaching our first resistance (horizontal swing high resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level to our major support a (horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension). Stochastic is also approaching resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XAGUSD approaching resistance, potential drop! Price is approaching our first resistance (horizontal overlap resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support a (50% Fibonacci retracement). Stochastic is also approaching resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XAGUSD approaching support, potential bounce!Price is approaching our first support (horizontal overlap support, 78.6% Fibonacci extension, 100% Fibonacci retracement) where we might see a bounce in price to our major resistance (23.6% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic is approaching support as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
IMPORTANT TRADE UPDATEAsset: XAUUSD ( GOLD )
Sell Stop Entry Price:1280
Take Profit: 1260
Stop Loss:1301(we will reduce the stop loss points once positions will be more favorable)
Risk/Reward: 1:1
(we can adjust (limit, close or even reverse) the position before this price level is reached)
May 13
Trade active: we have decided to move our stop loss to at $1310
Trade Update-we are trailing our stop level back to at $1301
XAG/USD: Silver Reversal Coming Soon !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
XAGUSD approaching resistance, potential drop! Price is approaching our first resistance (horizontal overlap resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop to our first support (horizontal swing low support, 50% Fibonacci retracement) might occur.
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
A short and interesting opportunity #XAGUSDA downward trend in H4 with confirmation of Stochastic which is in its selling area.
Entry price:14.91
Take profit: 14.58
Stop loss: 15.10
XAGUSD approaching resistance, potential drop! XAGUSD is approaching our first resistance (horizontal overlap resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur to our first support (horizontal swing low support). Stochastic is also approaching our first resistance where we might see a corresponding drop in price.
XAGUSD approaching resistance, potential drop! Price is approaching our first resistance (horizontal overlap resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop to our first support at 14.58 (horizontal swing low support) might occur.
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XAGUSD approaching support, potential bounce! Price is approaching our first support at 14.3904 (horizontal overlap support, 100% Fibonacci extension, 78.6% Fibonacci retracement) where we might see a strong bounce above this level to our major resistance level at 14.80 (horizontal pullback resistance, 23.6% Fibonacci retracement).
Stochastic is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XAGUSD appraoching resistance, potential drop!Price is approaching our first resistance at 14.87 (horizontal pullback resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 14.61 (horizontal swing low support).
RSI is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XAGUSD approaching resistance, potential drop! XAGUSD is approaching our first resistance at 15.53 (50% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) where a strong drop might occur below this level pushing price down to our major support at 14.73 (horizontal swing low support, 61.8% Fibonacci extension).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XAGUSD approaching resistance, potential drop! XAGUSD is approaching our first resistance at 15.53 (50% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) where a strong drop might occur below this level pushing price down to our major support at 14.73 (horizontal swing low support, 61.8% Fibonacci extension).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XAGUSD approaching resistance, potential drop!Price is facing bearish pressure from our first resistance at 15.09 (61.8% Fibonacci retracement, Horizontal swing high resistance, 100% Fibonacci extension) where we can expect a further drop to our major support level at 14.79 (61.8% Fibonacci retracement, Horizontal overlap support).
Stochastic is also approaching resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XAGUSD approaching resistance, potential drop! XAGUSD is approaching our first resistance at 15.09 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 14.78 (horizontal swing low support, 61.8% Fibonacci retracement).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XAGUSD approaching resistance, potential drop! XAGUSD is approaching our first resistance at 15.09 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 14.78 (horizontal swing low support, 61.8% Fibonacci retracement).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XAGUSD approaching resistance, potential drop! XAGUSD is approaching our first resistance at 15.09 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 14.78 (horizontal swing low support, 61.8% Fibonacci retracement).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
