XAGUSD Which is showing a great opportunity XAGUSD is ready to breakout. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
FOREXCOM:XAUUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
Silver is currently trading in a Mid Range
- On a 4HTF Silver looks bullish
- I will look to scout for longs more here cause I believe a leap can be seen easily
-The trend is a downside, but last week's price retrace to the supply zone
-Before the price move, the upside need to retrace to 22.90-23.20
-The best 22.50-22.70 is the long opportunity
-The above 24.33, we can see the next supply zone 25.50
Silver is at the support after a strong breakout. This is a good support level with the oscillators also at the mean and we can get a resumption in the uptrend from here.
OANDA:XAGUSD
Completion of impulse wave.
Broke out of parallel channel. Now I think it's in abc correction. There are possibilities that the silver will form right shoulder of head and shoulder pattern near 50% retracement of impulse wave.
The recent conflict in the middle east and the technical has led to this great bullish move , but in the near future we may see a correction move before going up .
I believe 1880-1895 is a great place to take a short position for the take profit to 1935-1950 .
with a stop loss at 1905
Happy Trading
#Xauusd #gold
Elliott wave analysis:-
Impulse wave formation has been formed.
1,3,5 wave are impulse and the 5the wave was an Ending Diagonal. .
if this wave has not broke above the 5th wave then we can go for short at CMP.
stoploss@22.24201
if pattern failed then we have to wait and watch the wave formation.
i am not a SEBI registered advisor. Before taking a...
Elliott wave analysis:-
View 1:-
if it is a BULLISH triangle then it will break upside and the entire pattern next to w) wave is TRIANGLE X) Pattern.
View 2:-
If X wave was flat correction then a) wave was completed and b) wave was a BEARISH triangle and C wave has to break downside and the target will be same size of a) wave.
i am not a...
Elliott Wave Analysis
A correction is taking place and A wave was completed and B wave was a triangle formation.
If it break the 22.11245 then we may expect to 20.62285 - 21.27841.
The commodity is breaking out from the head and shoulder reversal pattern on the hourly charts. The chart is self explanatory, trend which one can ride for a while.
Breakdown from consolidation in the downtrend. looks like the lower supports will be tested and the momentum oscillators are also in the bearish territory.
Always take entry after multi. confirmation.
This is a smc & multi confirmation based entry.
You are requested to take full care of your risk management.
If I can be of any use to you, please dm me.
XAG/USD Is approaching a very strong pivot level. This level has been tested several times in the past and as we can see on the chart it has been acting as support and resistance both. With the silver having a very sharp fall it is very likely that this level will act as a support, and there can be mean reversion after the extended fall that we have seen in the commodity.
This is an entry taken after a multi confirmation such as SMC, price action etc...All of you are requested to trade only after getting multi confirmation and take full care of your risk management.
