Silver Getting ready for bull runSILVER is all get for its new bull run.
Gold have already made a new high of $2900+/OZ
Silver- ABC completed Silver has completed ABC move towards upside from the low of 29.70 A completed a 31.70 and B at 30.68 and C at 32.65, which is 100% as per ABC move, if it breaks below 31.85 and sustain below than this ABC will be confirmed and the entire move will become 3 wave correction. Start of wave from 28.7
Silver likely to shine !!Silver CMP $32.09
Fibs- The precious metal is at resistance at 32.97. Its next resistance is at $36.50. In my view it is headed for the $48.
SILVERHello & welcome to this analysis
Since May 2024, Silver (Comex) has surpassed $32.5 only once and failed on 4 attempts (including Fri - 14th Feb). Silver (MCX) has surpassed 96500 only once and failed on 3 attempts (one less due to $:INR impact).
Is this setup a complex H&S in the making (multiple
Silver sell on rise levels mentioned on chart read description How to take trades using Harmonic pattern projection Trade setup is explained below :-
To take fresh trade in Buy/ Sell side we have to check if Price if Above / below 23.6 mentioned as D(23.6%)
Then we can take fresh buy or sell trade with SL or recent high/ low mentioned as point D( 0 %).
Tar
Silver (XAG/USD) Gaining Momentum – Next Target $32-$33?Silver is showing strong bullish momentum, currently trading around $31.53, with a +1.25% gain. The price has broken above key resistance levels and is now trading above the 200 EMA (currently at $30.48), which signals a potential continuation of the uptrend.
There's a fair volume range above, alon
US tarrif imposed negative for silver sell on riseHow to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal
Analyzing Silver's Price Action: Educational Trade IdeaShort Bias Setup:
Entry: Wait for the price to retest the descending trendline (~$31.50) and fail to break above it.
Target: $30.00 (initial), followed by $28.50 if momentum persists.
Stop Loss: Above $32.00 to protect against a trendline breakout.
Alternative Long Opportunity:
Entry: A confirmed
Silver XAGUSD downside Target 31.17 -30.95 sell on riseHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st D point : 0% is recent top or bottom.
Trailing SL: 17.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 17.5% then early or risky traders can rev
Silver XAUUSD bought at 31.45 booked at 32.30 How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st D point : 0% is recent top or bottom.
Trailing SL: 17.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 17.5% then early or risky traders can rev
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Displays a symbol's price movements over previous years to identify recurring trends.