Xagusdanalysis
#XAGUSD ANALYSIS.. BEARISH ARGUMENTS.. I think that there are critical points to be considered in the long term for silver.. It is very important for investors to pay attention to some small details from past to present..
In the weekly chart, the price of silver is below ma50 and ma100, silver should rise above these levels for a positive trend.. As I mentioned in my previous publications, I think that we will see a strong sales wave again in the markets on a global scale, I accept that what happened in oil prices is a leading indicator.. We can see that there are similar structures in technical indicators by projection from past to present, RSI and Coppock show some similarities with 2008, and it is worth noting that 2008 is a crisis period just like the current year.. I think that we can see a similar price movement in the process we are in and we will see a retreat up to $ 8.5 in silver price..
Disclaimer: I am not a financial advisor.. Please do your own due diligence when it comes to trading.. Invest at your own risk..
I wish you all the best..
Silver- A drop to 14 is probableAlike Gold, Silver is in a clear downtrend.
The price corrected the previous leg down and the rise stopped just under 16 strong resistance.
The major trend is ready to resume now and a down correction for Gold can only help.
I will sell Silver for a 14 target with stop loss above 16 for a comfortable R:R of 1:1,5
Gold what's next!(^_^) Everything on the chart.
Trade in profit! Push up Like button if you like my reviews and help you understand the current market situation! Subscribe to the channel and stay tuned for trading ideas that are not trading recommendations.
And remember! You must have your head on your shoulders! Do not trust anyone - not even me :)
Thanks to your likes, I understand how many people rated my review positively. I spend my personal time monitoring the market situation and share my opinion openly with you. Please take this moment into account and treat it with understanding.
Silver USDHi everybody,
Silver has found a support on 14 usd but I believe it is weakening. Considering silver as an industrial material it may be alittle difficult to find buyers at this level.
I believe in short run it may decrease to a fibbonacci level support then it will go to 15,8 usd target in mid period
XAGUSD SILVER BULLISH FOR LONGRead 'em & Weep.
Yellow targets are key resistance pts. --- we should hit that final green TP right around end of q2 IMHO: so end of June/Start of July expect to see XAGUSD hovering around 20-25$ range.
Very BULLISH on this commodity; as I am with XAU, though Rosland Capital analysts have projected a $38-45 ($43 ATH) return with 400%+ projected TA yet to be priced in*
*SOURCE: ROSLAND CAPTIAL DATA PORTFOLIO ANALYTICS ++ TD AMERITRADE PROJECTED ANALYTICS.
Disclaimer
Precious metals are not my forte; though commodities/currencies are my favorite form of equity. After vigorously studying portfolio analytics & data from Rosland Capital & TD Ameritrade: the aforementioned figures & projected analysis (with green TP / yellow TP representing both targets/resistance support, respectively) I am setting this as a LONG for it could be until the mid-end of next Q before we get there -- emphasis on COULD BE. Could be much sooner.
Though I am firm on my bullish stance for XAGUSD & adamant it will return to its ATH by end of Q2.
-@a1mtarabichi
Silver Is Heading to $11 After A Short-term RecoveryHere we can see Silver making a simple zigzag pattern from September 2019 high. Wave (a) unfolded as a leading diagonal with 3-3-3-3-3 internal structure.
It then followed by an a-b-c zigzag retracement in wave (b). Since the completion of wave (b), the bears have enjoyed a massive decline in wave (c) which is not completed yet.
According to Wave Theory, five-wave make an impulse. Price seems to just complete wave iii of (c) in CADJPY's case, and wave iv is in the making.
This, in turn, meant that once the recovery in wave iv ended, another selloff in wave v of (c) would be very likely to complete the five-wave impulse pattern.
Wave iv has the potential to retest the blue resistance level that lined up with a 38.2% Fibonacci level.
What's your view on Silver?
XAGUSD. You need to wait for the right moment.Hello dear subscribers!
The price of silver continues to fall,
but as soon as it drops to the level of support,
you could buy it there.
You just need to wait for the right moment.
Target is at a key level.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
XAGUSD : Level Break Confirm.Thanks for Taking Interested in my Trading Idea.
XAGUSD : Level Break Confirm.
Market Looks Move to more Downside because Support level was broken.
Dear followers, the best Gift for me is "will be your likes , comments & Share
Note: This is only for Educational purposes; this is not investment advice.
Thanks for your support!
Silver/USD bullish signsHello.
Few noticements here on weekly time frame on silver:
Double bottom (red marks)
Good, clean looking reversed head and shoulders
After breaking the 200 ema (red line) it used it as support. If you compare this to previous movement it could be possible that we see upward movement as as long as we stay on top of it.
Same happened on the 20 ema (yellow line) four weeks back. Tested it 3 times but bulls took the lead.
Also downtrend (greenline) is broken with and nice looking cross on 50 (brown) and 200 ema which both are bullishs signs
Just simple speculation ;)
If you do trades always use stop loss
-Jebu
XAGUSD sell on H1Plan : wait for price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
trapped between 18.5 - 16.5. Fight of the bears and bulls. price if silver is stuck between 18.5 and 16.5. the sellers push it up from 16.5 till 18.5. the buyers push it down from 18.5 to 16.5.
it is an interesting sideways movement where we can expect a bullish/bearish breakout. personally I am expecting some fake moves to trap
the early sellers. but knowing the uncertainty in the world, the price can make a push above the 18.50 level.
XAGUSD roadmap on H4, a complex reversal pattern**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX