#SILVER... At breakout level? What's next??#Silver... market at his breakout level.
Keep close it if breakout done then again upside target in table..
Good luck
Trade wisely
XAGUSD trade ideas
XAGUSD - 15 JUL 2024 - 15M LONGStopped out of 1st Entry
Spread kicked me in market - 2nd entry live.
XAGUSD - 15 JUL 2024 - 15M ENTRY LONG4HR Main 5 Touched and in zone
15M - Aggressive Entry to Upside level.
Entered 14:35 as the price was cheaper.
Monitoring 4 Hour Close of current candle.
SMC - BUY XAGUSDConditions for setting up a Buy:
1. The price returns to the liquidity zone
2. The price returns to the Fib 0.318 - 0.5 zone
3. Divergence appears on the H1 timeframe (waiting) and M15 timeframe (waiting)
4. The trend is upward on the H4 and H1 timeframes
Entry Point:
Around the Fib 0.318 - 0.5 zone, with mandatory divergence and a reversal candlestick pattern.
SL below the Fib 0.5 zone, TP: 31.750
Note: This is personal analysis for reference only. Take responsibility for your own potential losses
Silver update Is not easy the way you think,that it can just turn before target but is normal to create reversal patterns n not followed them just to make it difficult for traders as you know market can't just goo all the way up without pull back,my question is what do you do when is on pull back,do stick to the plan or easily controlled by emotions n negative energy?try by all means to find right mentors whose not gonna hide the importance of human controls n emotions,n trading phycology.
SILVER Will Move Higher! Long!
Here is our detailed technical review for SILVER.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 30.789.
Taking into consideration the structure & trend analysis, I believe that the market will reach 31.447 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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silver double bottomA beautiful double bottom formation forms on the silver chart. set the alarms guys
Silver Looks Jumpy, Might Be Ready For $34I see July ending strong for Silver, in the $33-$35 range. We'll see.
Side Note: Political Violence = Everyone Loses. Be gentle out there.
Trade Slick. DYOR.
XAG----usd------Bearishthere is before series of higher and higher low and after getting rejection from resistance and break of trend line
now we have three points for reversal
1. Break of trend line
2. Rejection from resistance
3. Divergence
SILVER Is Very Bearish! Short!
Please, check our technical outlook for SILVER.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 30.620.
The above observations make me that the market will inevitably achieve 29.279 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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SILVER SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
SILVER pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 17H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 29.733 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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still years for a breakoutSilver in its 3rd congestion phase.
I estimate another 5 years of sideways
movement before a giant break out.
markets even though manipulated will find their true
value in the end. just like the housing market worldwide is centrally planned. Eventually it will crash and burn.
while some people hold 5 houses and others rent for life.
real wealth comes from living a good life and having good
health and not from renovating houses and conspicuous consumption.
SILVER BULLISH Similar to the highly correlated asset with xauusd, it shows bullish price action , the wick down grabbed the buyside liquidity, a little pull back to the 1 hour demand zone would be nice to drive up to the supply area above .
XAGUSD - 14 JUL 2024 UPDATE - RANGEMonthly Range on Silver Near to the Downside of the Range.
On Weekly be have 2021 High recently broken through to upside
We have the Daily Trendline showing 2 points touch upside
4H - Main 5 has 5 touches ( 30. 847 )
SILVER (XAGUSD): Bullish Outlook Explained
Silver may start growing next week after the market opening.
I see a nice bullish engulfing candle on a 4H time frame
after a test of a strong intraday horizontal structure support.
I think that the price will reach at least 31.2 level.
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SILVER Will Go Down! Sell!
Please, check our technical outlook for SILVER.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 30.973.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 29.002 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
