Silver
XAGUSD, Ascending Triangle, Pullback & Breakout PossibilityXAGUSD is currently trading within an ascending triangle pattern. The resistance level of the ascending triangle has acted as a pullback area four times. The price is currently at the resistance level of the ascending triangle, therefore there is a possibility that a fifth pullback will occur.
Ascending triangle pattern has a bullish bias, so there is a possibility that the price will upward breakout. The price is currently consolidating within this area. This means that it is bearish for the short-term, neutral for the mid-term, and bullish for the long-term.
XAU ready to break out now that most goldbugs have lost interestI haven't posted on TV since Dec 2022 as I've been posting elsewhere (check my profile) but I'll begin duplicating some of my calls here and continue if I gather a decent audience here
I'm annoyingly accurate and can see things in the market that nobody else can so at this point if you aren't following me here you basically hate money
Some very notable calls in recent years:
SPREADEX:NIKKEI and DJ:DJI both to 40k (over 1y in advance)
CRYPTOCAP:BTC pico bottom at 15k and recent local top at 70k
FX:EURUSD pico bottom & TVC:DXY pico top at 115
TVC:USOIL pico bottom at 68
NASDAQ:SMCI mega breakout at 100
NASDAQ:NVDA mega support at 120
NASDAQ:TSLA pico bottom at 105
NASDAQ:NFLX pico bottom at 165
Strifor || GOLD-Week StartingPreferred direction: SELL
Comment: The week for gold begins with another update to its historical maximum. At the moment, the market is witnessing a climax of buying, against which a downward reversal can be expected. The approximate reversal area is located at the level of 2300 . According to scenario №1 , a movement towards this level is expected before a fall.
Scenario №2 assumes a fall from current prices, but this is an unlikely scenario. In principle, taking a short position in the medium term is relevant already at current prices. In both cases, the target for the fall is located at the level of 2200 .
Additional comments on this trade will be provided as situation changes. Follow us!
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SILVER A Fall Expected! SELL!
My dear subscribers,
My technical analysis for SILVER is below:
The price is coiling around a solid key level - 24.924
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 24.722
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
SILVER BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
SILVER pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 8H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 24.087 area.
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SILVER: Bearish Forecast & Bearish Scenario
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the SILVER pair which is likely to be pushed down by the bears so we will sell!
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Kodiak Sciences Looking Bullish Here KODTo me this looks like its about to rip. If it gets above $13 you're looking at a move straight to $52 no pullback and then maybe $120 after that. We can reassess at that time. It looks like a nice V shape recovery and could be putting in a right shoulder on the inverse head and shoulders. Or a cup and handle whichever you want but the measured move would be $52. If it falls below $4 its going to zero. Not financial advice just my opinion. Thank you
BRIEFING Week #13 : Value Rotation For Q2 ?Here's your weekly update ! Brought to you each weekend with years of track-record history..
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Phil
Natural Gas Price Forecast | DXY Crude Oil Silver Gold AnalysisNatural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis
#naturalgas #natgas #xagusd #dxy #xauusd #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil
SILVER (XAGUSD): Bullish Outlook Explained 🪙
Silver nicely respected a recently broken key horizontal resistance.
After its retest, the market started to consolidate on a 4H time frame
and formed a horizontal range.
Its resistance was broken yesterday, signifying the strength of the buyers.
The market may keep growing next week, at least to 25.5 level.
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SILVER Will Move Higher! Buy!
Here is our detailed technical review for SILVER.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 24.799.
Considering the today's price action, probabilities will be high to see a movement to 25.274.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Strifor || SILVER-26/03/2024Preferred direction: BUY
Comment: Metals also look good for long-trade at the beginning of this week, but buyers here will most likely have more difficulties than on the same currency pairs. A more likely scenario, especially for silver , is to first fall below local support before rising. This maneuver made it possible to rid the market of "spare buyers" and attract more sellers. In turn, this allows, with new forces (updated resources), to make a breakthrough towards the local maximum at level 26 . The above assumption is fully consistent with scenario №1.
Scenario №2 is also in our arsenal, but in this case the trade volume is less than in scenario №1 , since the likelihood of such a maneuver being realized is much less.
Additional comments on this trade will be provided as situation changes. Follow us!
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SILVER.. one n only supporting trend line, keep close.#SILVER.. well guys market very well holding your supporting trend line as we discussed in our video analysis,
in first go market placed exact low near supporting line and bounced.
its still valid supporting line if market hold it then again you can see upside momentum otherwise below that line a straight drop on table.
good luck
trade wisely
SILVER BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
SILVER pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 24.646 area.
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SILVER. Where is now today support? Hold or not?#SILVER... well guys market absolutely very well hold your key support in first go and placed you targeted zone.
Congratulations to all followers.
Now we have again same supporting area.
If market clear that area then downside next supporting area on table..
Good luck
Trade wisely
Silver likely to retest previous high at 30.08Silver price stand firmly above support price at 21.72, FED official mentioned would be have another three interest rate decision this year with expect of 75 basic point cut.
Outflow from dollar market share start flowing to other asset class such as Silver?
However, US presidential election would be held on coming NOV 2024, expect market would be choppy during the period.
Monthly Support- 21.72
Monthly Resistance- 30.08
BRIEFING Week #12 : AltSeason early signaling ?Here's your weekly update ! Brought to you each weekend with years of track-record history..
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Analysis of Silver in the Daily Timeframe 📈Silver had a very important resistance that it broke through with strength and now that range has turned into strong support. Silver faces another important resistance on its way, if it fails to surpass and break that resistance, we can expect a price drop to the support range of 23.417. However, in case of breaking the resistance, we may anticipate an upward movement towards the price of 25.47. 🪙
SILVER BULLS ARE STRONG HERE|LONG
Hello,Friends!
It makes sense for us to go long on SILVER right now from the support line below with the target of 25.315 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
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