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Xagusdshort

Silver- Sell rallies is my strategyIn my last Silver analysis I said that above 23 is strong sell zone for Silver, and after 3 attempts to stay above this figure, Silver has dropped hard, confirming these attempts as false breaks and breaking back under 22.60 support. Now XagUsd is trading at 22.15 which is minor support and I expect continuation to the down side. My medium term target for Silver remains 19usd, but short term traders can see also 21.50 support as a confortable target. Sell rallies towards 22.60 is my strategy for Silver and the price back above 23 would negate this scenario
OANDA:XAGUSDShort
by Mihai_Iacob
1
XAG NEAR FUTURE PREDICTIONS (1HCHART)Technical Analysis Summary XAG/USD TREND ANALYSIS We have 2 Downtrend in red color (Internal and long term) We have 1 Uptrend in green color (Internal Uptrend) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy. Sorry I did not post lately since I had covid Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
FOREXCOM:XAGUSD
by husseindergham
Silver is entering my sell zoneIn my yesterday's commentary on Silver, I said that around 23 is the best place to sell. If we look at the h1 chart, we can see that since the 21.50 low and daily support, Silver has started its rebound. However, the rise is overlapping, not impulsive, and is drawing a rising wedge on our short-term charts. At this moment Silver is entering my sell zone between 22.80 and 23.30 and I expect gains to be well capped here. Confirmation of a potential drop comes with a break under wedge's support and the target can be the recent low. Also, a reversal from this point will make me strongly bearish Silver and in my opinion, this 21.50 can fall also if you get there. Silver above 23.50 would negate this scenario
OANDA:XAGUSDShort
by Mihai_Iacob
9
SILVER (XAGUSD) | The best area to fall🔥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 5 at higher times. We are inside wave 2. Wave 2 is inside wave a and wave a forms its wave in the form of five waves in the form of triangle, and wave 5 is formed around Fibo 0.38 or the lower side of the triangle, and then wave b is formed. And correction for wave a begins. Wave b is relatively time consuming and long considering the time spent on wave a and in terms of price it can be guessed that Fibo is moving 0.618. If the move exceeds Fibonacci 0.618, it can be said that Wave 2 has already been completed. 🙏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!❤️
FX_IDC:XAGUSDShort
by mahdisoltaninjad
1
Will Silver drop to 19 zone(3000 pips drop)?Since August, Silver is trading in a 10-12% range, with a low just above 22 and a high in 24.50 zone. At the beginning of November, we have a false break above resistance and a quick drop to support afterward. Usually, false breaks lead to strong moves in the other direction and I don't expect this time to be different. In conclusion, in my opinion this support will fall, and XagUsd has a clear road to the next important support at 19 zone (a more than 3000 pips drop) I will remain extremely bearish Silver as long as the price is under 23.50 and traders should look to sell rallies towards that zone. Best of luck! Mihai Iacob P.S: Write your comment or share your chart and analysis in the comment section. Also "Likes" are much appreciated
OANDA:XAGUSDShort
by Mihai_Iacob
8
Silver can drop to 21.50In my previous Silver analysis I said that XagUsd is more bearish than Gold, arguing that after the false break of the H&S pattern, the price would also break the trend line support and fall to 22.50 support. And, indeed, the price fall even more and found support at 22. Now we are in a normal rebound and 22.80-23 zone should act at resistance at this point. Rallies towards that zone should be sold and the target can be 21.50 support. Only strong buying above 23 would change my bearish opinion
OANDA:XAGUSDShort
by Mihai_Iacob
6
SILVER (XAGUSD) | The best area to fall🔥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 5 at a higher time and the valance is 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 formed around Fibo 0.38 or the lower side of the triangle, followed by wave b and correction. Starts for wave a . Wave b is a relatively long wave due to the time spent on wave a and in terms of price it can be guessed that Fibo is moving 0.618. If the move exceeds Fibonacci 0.618, it can be said that Wave 2 has already been completed. 🙏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!❤️
FX_IDC:XAGUSDShort
by mahdisoltaninjad
4
Silver- Strongly bearish under 24.80Yesterday I said that Silver is more bearish than Gold, and indeed, although it has risen, it could reach the last top As you all may have seen, we have a clear H&S pattern with the neck-line at 24.80, which is broken at this moment. Although this means upward momentum, the price is stalling above this neckline and looks more like distribution at this point and could be a false break. Silver back under 24.80 (the neckline) is strongly bearish and confirms the false break. In this case, I expect acceleration to the downside and Silver to drop to at least 23 zone (around 1800 pips) My scenario is valid as long as the price stays under 25.60 on the daily close bases
SShort
by Mihai_Iacob
11
Silver- More bearish than GoldLike its bigger brother, Gold, Silver also has a good start this month, with the price rising around 2500 pips or around 10%. However, after breaking above the neckline of an H&S, the price stalled and lacked strong continuation. Instead found a strong ceiling at 25.50 and yesterday's rally above resistance for Gold wasn't matched with a rally above 25.50 for Silver. This consolidation above the neckline looks like distribution to me and a drop under 24.70 could accelerate losses towards 23 zone support I will look to sell rallies and a daily close above 25.50 would negate this scenario
OANDA:XAGUSDShort
by Mihai_Iacob
14