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Silver

💡SILVER (XAGUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support of 23.75, a resumption of an uptrend is expected. We make sure when the resistance at 28.75 breaks. If the support at 23.75 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The symmetrical triangle is taking shape, and as a continuation pattern suggests, we will soon see another leg higher if the price breaks and closes above the downtrend line of the triangle. A trough is formed in the daily chart at 25.50 on 06/29/2021, so more gains to resistance(s) 26.60, 28.30, and maximum to Major Resistance (28.75) is expected. Price is below WEMA21; if the price rises more, this line can act as dynamic resistance against more gains. The relative strength index ( RSI ) is 47. Take Profits: TP1= 25.75 TP2= 26.60 TP3= 28.30 TP4= 29.85 TP5= 33.45 TP6= 37.50 TP7= 44.20 TP8= 49.80 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FOREXCOM:XAGUSDLong
by ForecastCity_ME
7
💡SILVER (XAGUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support 23.75, a resumption of the uptrend is expected. We make sure when the resistance at 28.75 breaks. If the support at 23.75 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The symmetrical triangle is taking shape. As a continuation pattern suggests, we will soon see another leg higher if the price breaks and closes above the downtrend line of the triangle. The RSI support #1 at 48 is broken, so the probability of the resumption of the uptrend is decreased. A peak is formed in the daily chart at 28.55 on 06/ 01 /2021, so more losses to support(s) 25.75, 24.50, and minimum to Major Support (23.75) is expected. Price is below WEMA21. If the price rises more, this line can act as dynamic resistance against more gains. The relative strength index ( RSI ) is 31. Take Profits: TP1= 25.75 TP2= 26.60 TP3= 28.30 TP4= 29.85 TP5= 33.45 TP6= 37.50 TP7= 44.20 TP8= 49.80 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FOREXCOM:XAGUSDLong
by ForecastCity_ME
8
XAUUSD GOLD SHORT POTENTIAL forecast !!!!Gold forecast for the week. Gold Has currently swept some liquidity on the daily. Daily is a large sell range which it has just broken today to make a new low around $1842. We have filled some imbalance on the higher time frames and we could see a pullback into $1800 before making another leg up. to new highs? However short term price action, i believe in the next day or two we could see price come back up to the $1900 level before we make a new low down the $1800 where my weekly POI is. I will be looking for a confirmed entries short around here ($1900). Trade safe and be consistent. If you find this TA helpful and you would like free updates, show your appreciation by giving us a follow and a like ❤️🙌🏻💸💰🤑
OANDA:XAUUSDShort
by Jake-from-the-trading-Cartel
Is #Silver headed for an upside breakoutThe chart shows an interpretation of the year and half long sideways move in SILVER. This has all the characteristics of a triangle that is headed for an upside break. Wave E may be slightly short, so may have some more lower go, but that is not necessary. In any case a break of the upper trendline B-D should indicate a powerful upmove will begin. This has been a long winding sideways move so the direction of breakout may be sustained move in that direction. Probability is now to the upside, but it will be wise to jump in only on confirmation
MCX:SILVERM1!Long
by SolomonsView
silver a fight between bulls and bears ... a fught between bulls and bears over the upper trendline of the downfall my personal view since 4 years is that silver has to reach 1 00 000 rs per kilogram ... the outcome for this fight might be anything as of now , but it is surely hitting the skies .... Currently the downtrend is being tested and prices are sustaining around the trendline ... I guess this month of June 2021 might be choppy and sideways in nature .... will keep updated .. Our premium traders are given trades no matter what the condition is .
MCX:SILVERMIC1!
by Anuj_8charts
💡SILVER (XAGUSD) - Weekly Technical Analysis UpdateMidterm forecast: 25.75 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 25.75 is broken. Technical analysis: While the RSI support #1 at 48 is not broken, the probability of price decrease would be too low. A peak is formed in daily chart at 28.55 on 06/ 01 /2021, so more losses to support(s) 26.60 and minimum to Major Support (25.75) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 55. Take Profits: TP1= 25.75 TP2= 26.60 TP3= 28.30 TP4= 29.85 TP5= 33.45 TP6= 37.50 TP7= 44.20 TP8= 49.80 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FOREXCOM:XAGUSDLong
by ForecastCity_ME
6
SILVER will there be further growth?As we can see, SILVER has been showing growth since March. 5 times he tried to break through the $ 28 resistance level, but to no avail, there were only false breakouts. Now the price has approached the resistance level again and is trying to test it. If the price breaks through the resistance level and consolidates, then growth is possible. If again there is a false breakout or the price bounces, then the price may even fall. If you like the idea, subscribe and like it. Good luck and big profits.
TVC:SILVER
by NaikoN81
XAGUSD - BULLISHDescription: The counter XAGUSD is moving upwards in the support trend line from 06th May. The support trend line has been tested thrice at the prices 25.68, 27.18 and 27.55. The price is still maintaining above the support trend line and there is no indication for a breakout. The buying pressure of the market may pull the price even more upwards. The existing bullish trend is expected to continue for this condition. The upward movement of the MACD indicator curves gives additional support to the description. The major levels for this counter are R2 – 28.32 R1 – 28.10 PP – 27.74 S1 – 27.53 S2 – 27.16
OANDA:XAGUSDLong
by WohlstandMarketsLimited