XAGUSD_1D_Buyhello Analysis of silver for purchase and investment If you are looking to buy for investment, now is the time The range of support and purchase for the long term is 28,888 The next target and wavelength numbers are 38.888 and 42.222. The percentage of price growth is 35 to 45 percent.Longby Elliottwaveofficial3324
Silver XAG/USD Bearish FlagThe XAG/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around close to Shortby KABHI_TA_TRADINGUpdated 101039
Silver H4 | Rising into pullback resistanceSilver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 29.79 which is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 30.90 which is a level that sits above the 50.0% FiShort02:49by FXCM335
NEW UPDATE OF SILVER NEW UPDATE OF SILVER we see Price of silver may Times Go down Go down but know price of silver move back to up on 30.7000 Now price of silver on 28.9000 And my target is 30.7000 Stop lose 28.1212 According to my analysis silver was flay Trade with your own risk Longby mrsagarfxUpdated 6612
Silver Rebound Offers Short Trade Potential: Targeting $28In my weekend analysis, I highlighted the potential formation of a Head and Shoulders pattern in Silver's price, with the neckline positioned precisely at the psychologically significant $30 level. Yesterday, the Federal Reserve’s rate cut triggered a drop below this key level. Currently, OANDA:XAShortby Mihai_Iacob2216
Buy OpportunityObservations: Current Price: Around $28.825. Stop-Loss: $28.7218, just below the support level. Target Price: $29.3478, above a key resistance. Risk-Reward Ratio: 4.21, which indicates a favorable risk-to-reward setup. Volume Profile: A significant level of interest is visible at the price range betLongby GODOCM443
SILVER (XAGUSD):Important Bearish BreakoutThe yesterday's decision by the FED and the FOMC led to a significant decline in 📉SILVER prices yesterday. The price dropped below a key support level within a wide horizontal range on the daily chart. This breakout indicates considerable bearish momentum and suggests further potential for priceShortby linofx1115
XAGUSD: Bottom of the Rising Wedge. Bullish.Silver is marginally bearish on its 1D technical outlook (RSI = 43.462, MACD = -0.151, ADX = 27.970) as it trades under the 1D MA50 but still over the 1D MA200. The latter is at the bottom of the long term Rising Wedge and is the technical support level. As long as it holds, we will be bullish on SiLongby InvestingScope4413
Trading Silver: Sell Rallies Amid XAG/USD’s Bearish MomentumLast week, OANDA:XAGUSD made several attempts to break through the 32.30 resistance zone but failed to sustain any momentum. Much like the price action in OANDA:XAUUSD , Thursday was marked by a bearish engulfing candle, which was even more significant given the preceding day's Doji formation. FShortby Mihai_IacobUpdated 2221
Silver 45 Year Cup and Handle?If we look at the log chart of silver, we can see a beautiful cup and handle forming. The fib 1.6 extension $84. I am dollar cost averaging into silver currently. Wish I had bought a lot during the plunge in 2020! Could silver finally break out of $50 per oz?Longby Shauns_Trading2210