More often than not, OANDA:XAGUSD provides clearer signals than OANDA:XAUUSD when it comes to technical analysis. In contrast to its bigger brother, Silver exhibited distinct signs of weakness right from the beginning of the year. This was evident as the price broke below the ascending trend line that had originated in October (In the case of Gold, the price...
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
HELLO TRADERS !!! As I can see this pair has reached at a strong resistance zone we are expecting a drop from this zone to the draw tps my charts always talk it self see other pairs charts updated so it will help alote to understand markets next move its just an trade idea share ur thoughts with us & stay tuned for more updates
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
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Bullish Channel as an Correction in Short Time Frame and Rejection from Lower Trend Line. Completed " 12 " Impulse in STF and " AB " Correction in LTF. Rejection from Demand Zone and Completed the Retracement for Break of Structure
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Head and Shoulder as an Correction in Short Time Frame. It has completed the Impulsive Waves " 12345 " and " ABC " Corrective Waves. Rejection from the Previous Resistance or Fibonacci Level - 61.80% Entry Precautions : Wait for the Proper Rejection
Dear Traders, At the beginning of the week and the first hour of trading of Monday, gold and silver price sky rocketed. The reason is many institutional traders took the price high to take their profit out as we approaches the year end. The second thing is the fear that FED will increase the interest rate that means dollar will collapse ultimately this fear led...
Silver dropped to a key daily horizontal demand zone. After a test of structure, the price formed a tiny cup & handle formation on an hourly time frame. Its neckline breakout is an important sign of strength of the buyers. We may anticipate growth now to 24.54 ❤️Please, support my work with like, thank you!❤️
Silver (XAGUSD) has hit a peak price amidst the geopolitical unrest this weekend (Red Sea attacks) and this is technically the Higher High of the medium-term Channel Up that started on the September 22 High. The 1D RSI is reversing already and as a target we have two technical candidates. In the past 7 months we've had 5 major corrections, the minimum being...
Hello Traders, I trust you are doing great and getting reading for the new trading week. Here is my view on Silver. To begin with, I will draw your attention to the monthly chart. Based on where I plotted my monthly OB, go and look at your monthly chart. Price mitigated the manipulation. Hence the rally. If you measure that bullish candle that price mitigated...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed Right Shoulder of the Corrective Pattern " H&S " in Short Time Frame and Started Rejecting from the Daily Demand Zone after it Completed " 12345 " Impulsive Waves and " abc " Corrective Waves. Bearish Channel in Short Time Frame Entry Precautions : Wait for the Proper Trend Reversal Price Action
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed Impulse and Corrective Wave " wxyx ". Symmetrical Triangle as an Corrective Pattern in Short Time Frame. Head and Shoulder Pattern in Long Time Frame, It will complete its Right Shoulder at Daily Demand Zone Entry Precautions : Wait until it Breaks UTL / LTL
Silver (XAGUSD) is one of our favorite assets to analyze on the 1W time-frame, as a result of its high reliability of following long-term patterns. You can see a few examples of such successful trades we made using this time-frame below: This time we have another major pattern forming on the 1W time-frame, an Inverse Head and Shoulders (IH&S), a...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and it is Rejecting from the Upper Trend Line and S / R Level. If it Rejects from the Lower Trend Line then it will Reject from the Daily Descending Trend Line. Break of Structure / RSI - Divergence Entry Precaution : Wait for the Breakout and Retest...
Silver (XAGUSD) gave a solid rejection at the top of the long-term Channel Down (see chart below) when we looked into it on July 21 2023: This rejection gave way to the creation of the current Bearish Megaphone pattern whose low got priced on October 04. This initiated the current bullish leg which tested the 1D MA200 (orange trend-line) and almost reached...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Falling Wedge in Long Time Frame and Rising Wedge in Short Time Frame and Rejection from the Lower Trend Line. It can Rejects from Demand Zone or Upper Trend Line at Fibonacci Level - 61.80% Entry Precaution : Wait until it Rejects from any Level with Strong Reversal Price Action
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Impulse Correction ( ABC Corrective Waves / Consolidation Phase ) Impulse Completed. It is Following Consolidation Phase in Short Time Frame if it Breaks the Upper Trend Line then Buy and If it Breaks Lower Trend Line and Retest then Sell
In my Saturday video analysis, I said that Siver could drop and test the 21 zone. XagUsd dropped hard and even exceeded my target. After the low under 21, Silver started to consolidate and recovered some losses. The recent price action is carving a small double bottom on our chart that could lead to further gains. However, considering the strong down pressure, I...