Silver stuck up at the bottom in red ascending triangle making ABC Pattern in weekly chart ABC waves are marked by various highlighted points. Green line above is working as resistance. Further, there are two black lines marked between 22.574 and 23.800. This is the range in which the price is stuck up right now. Let us drill down to lower time frame chart.
Silver Started its Super Wave at 22.090 as is marked with vertical Pink line and now retraced back to 22.608 Level. A green Triangle is formed and the Hypotenuses on the right side creating resistance. Buy, only when price comes out of this triangle. Last Friday, in the hourly chart, it touched 100, 50, 20 & 8 SMA. Wait for the price to cross 200 SMA. In...
Buy Silver, but wait till closing of today's candle. The Analyst is not a registered analyst with any regulatory authority. But, uses GANN,, Fibonacci, Waves analysis and own leading indicator.
Hi Guys, This is a video about what is happening in potentially the most traded metals in the world. The analysis is based on Institutional Demand and supply and Harmonics study. Any contrary views are welcomed.
XAGUSD is forming Bearish Rectangle Pattern looking for 22.40 target
Silver looks good so long it does not break 22.678, Crucial Daily Level. The Author is not a registered Analyst with any Regulatory Authority. It is only for educational purpose. Author applies Gann, Wave and Fibonacci alongwith own customized leading indicator. It is only for educational purpose. Happy to share.
looks like silver is falling in short term and going in correction phase. can go down almost 2% good for shorting in smaller TF.
Pair : XAGUSD Daily bias : bearish DOL : Downside BPR @ 23.87 Notes : Downside BPR Should support price for further upside move , Market structure shift in 1Hr time frame. SMT : Yes with gold. Entry : 1) From Breaker TP : Recent Low SL : 1) Above FVG
Silver break out upside with big volume with price action. target will be upper trend line & SL willbe just today candle low. Same as Gold.
Based on the current market conditions, a potential selling zone could be observed when the asset's price reaches a significant resistance level,
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.
Silver MCX chart on weekly time frame. its is comes at good buying zone until & unless support lime is int acted Target will be upper channel trend line. this is only educational
Either 26 or 20 Trend confirmation on horizontal levels breakout
A short video on the gold and silver after the fall yesterday and looking at the longer term time frame to understand the key levels. Gold has been the worst performer while the rest are actually looking bullish. Silver has been outperforming gold and that is something that we need to be aware of as it is also used in the industry. Overall the base metals and...
TVC:SILVER Daily Swing Short Setup Keep On EYE....!!!
Hey guys, XAGUSD has approached a very strong demand area. 24.500 area has been holding and price keeps retracing when it reaches there. wait for afew rejections to the upside before taking the trade. Always use proper risk management.
Hello Friends, Hope you are doing well, Here we had shared possible Elliott wave counts on Hourly time frame chart of Silver in which we can see that we have completed wave 1 as impulse and now we are in wave 2 as a correction, in wave 2 we have finished wave A & B and now we are in second last leg of wave C. Wave C should unfold as five subdivisions as a wave...
remember the green zone whatch your stops if the trend had a strong pivot before u shouldnt enrty the market