SILVERCFD trade ideas
Silver Futures (CFD)Silver closed above 40 ema in daily time frame in trading session of day before yesterday, it automatically confirms that the silver has completed a complex correction recently, now there is a good chance that a major bottom is done.
Silver can possibly make a move towards north direction in the forthcoming trading sessions, as per price we can say towards $24.89 which is the high of wave X and coincidently it is also top of current rising channel.
on the way down, or in the worst scenario, the 20 day simple moving average and the lower end of the channel which around coincide around $22.62, will be the crucial support level to watch out for.
fib key levels for target and whole scenario
macd in weekly
macd in daily positive and uptick
rsi in weekly uptick
stochastic in weekly
stochastic in daily
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Disclaimer
i am not sebi registered analyst
my studies are for educational purpose only
please consult your financial advisor before trading or investing
Good breakout in Silver1. Horizontal Levels Breakout
2. Trend Line Breakout
3. Very Bullish Candlestick Pattern
More than 1:2 risk reward
XAGUSD (ARGENT)Salut a tous.
Juste un petit rappel sur l'argent qui a un potentiel sous estimé jusque là selon moi.
Le prix oscille autour de 22.0 $, super. On peut se positionner en long avec un premier TP a 30$ et un deuxième a 40$ après cassure de la résistance a 30$.
À l’instar de l’or, l’argent physique est, en tant que métal précieux reconnu dans le monde entier et ayant servi de monnaie aux quatre coins du globe, une valeur refuge historique. Le nombre de mines d’extraction de l’argent diminuant de plus en plus au fil des ans, le métal gris bénéficie d’un niveau de rareté qui renforce sa valeur sur le marché.
L’argent et les produits en argent présentent également l’avantage d’être plus accessibles aux petits budgets, notamment par rapport à l’or.
💡Don't miss the great buy opportunity in XAGUSD (SILVER)Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (22.66).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XAGUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 55.
Take Profits:
TP1= @ 23.14
TP2= @ 23.43
TP3= @ 23.96
TP4= @ 24.59
TP5= @ 25.12
TP6= @ 25.52
TP7= @ 26.00
SL= Break below S2
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💡Don't miss the great buy opportunity in XAGUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (22.470).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XAGUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 52.
Take Profits:
TP1= @ 22.787
TP2= @ 23.124
TP3= @ 23.404
TP4= @ 23.700
TP5= @ 23.954
TP6= @ 24.289
SL= Break below S2
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SilverSilver 22.45$
this is how I see silver ....
Holding of 22.2$
one can expected 23.5/24.3$
Just a small view!
#Silver #XAGUSD may have completed a long sideways correction Silver seems to have completed a rather long sideways correction to 21.42 levels. A labelled chart is shown. Yesterday's dip was a 5th wave downside thrust from a 4th wave triangle and found support at the earlier low in Sep '20
If yesterdays low holds, we are headed higher. The Risk to Reward on this trade is worth a bet on. Look for new multi year highs if 21.40 level holds
The current count has a very small wave 2 (circle) and a large wave 4 (circle) - This is not ideal but we'll go with this for now. The alternate is that the current sideways move is Wave 2 and the Aug '20 high was wave 1 - this makes it a extremely bullish count.
silver looks +ve1. rising crude (-ve for equity, good for bullions)
2.+ve divergence on RSI and MACD.
SILVER FALLING WEDGE PATTERNHello
Welcome to this analysis about SILVER , we are looking at daily timeframe perspectives. SILVER in recent times heavily decreased with bearishness however it now moved into an oversold condition. SILVER is developing here that will be a decisive factor in the upcoming times. I discovered the main formation SILVER is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how SILVER has emerged with this key SILVER SYMMETRICAL & FALLING WEDGE PATTERN marked in my chart with the black boundaries. SILVER is near support region which is an important support and also psychological support-mark together with the lower-boundary of the SILVER SYMMETRICAL & FALLING WEDGE PATTERN a pullback
In this manner, thank you for watching my update-analysis about SILVER and its major SILVER SYMMETRICAL & FALLING WEDGE PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
Silver - a little too far away $80 ? While Gold looks really promising, Silver looks a little far for the BO zone. If it just shoots up irrespective of the curve, which it did earlier also, then $80 seems to be on chart, but after a long time.
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
XAGUSD ( Silver ) silver is buy on dips no forming ascending triangle pattern an the chart target are marked on the chart need a bit of catalyst for the further movement . Til the time its not breaking the pattern targets are intake.
SILVER*INVERTED CHART*
Waiting for price to reach KL
Price is moving within a structure and is at the 3rd touch region now.
As per my backtested data, The balance between supply & demand has a chance of shifting at these levels.
WAITING FOR A BIAS CONFIRMING SIGNAL.
XAGUSD LOOKS WEAK AND CONTINUING DOWNSIDE MOVEMENTXAGUSD LOOKS WEAK AND CONTINUING DOWNSIDE MOVEMENT
short xagusd with strick stoploss
silver looks like strong bearish
If price rejects from resistance zones AT 20 EMA OR 50 EMA OR 200 EMA
Twith hen go for short
STRONG SL - 23.60
TARGET 1 - 22.00
TARGET 2 - 21.60
TARGET 3 - 21.20
TARGET 4 - 20.50
Silver ... Last post clearly mentioned twinkle gone... (idea attached below for reference)
Now in a bear territory
every rise is a sell...
treading levels marked..........
20 to 20.550 small support...
XAGUSD ( Silver ) LONG Target 1 : 35$
Target 2 : 42-43$
Good time in invest positionally in metals .
Keep buying near support near for the given target.
Trade duration : 6-10 months .
Silver... Twinkle Gone...SIlver
23.771 is a very bearish level..
Strategy : Sell on Rise...
Levels defined
Happy Trading...
LIke.... Share.... Follow....
Silver... Bulls in controlBulls seems to be in control for short term
September levels marked....
Happy trading...
Buy Silver / xagusd above 24.28, for target 24.7 to 26.2.Silver is trying to recover from over sold zone, a sharp recovery can be expected once resistance line is crossed.
Buy above 24.28, s.loss 23.8,
Target 24.7 - 25.46 - 26.02
i.e. about 66900-69200-69800 in rupees.
💡SILVER (XAGUSD) - Weekly Technical Analysis UpdateMidterm forecast:
While the price is above the support of 22.15, a resumption of an uptrend is expected.
We make sure when the resistance at 28.75 breaks.
If the support at 22.15 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
While the RSI resistance #1 at 48 is not broken, the probability of price increase would be too low.
A trough is formed in the daily chart at 22.87 on 08/20/2021, so more gains to resistance(s) 24.50, 25.75, 26.60, and maximum to Major Resistance (28.75) is expected.
Price is above WEMA21, if a price drops more, this line can act as dynamic support against more losses.
The relative strength index (RSI) is 47.
Take Profits:
TP1= @ 26.60
TP2= @ 28.30
TP3= @ 29.85
TP4= @ 33.45
TP5= @ 37.50
TP6= @ 44.20
TP7= @ 49.80
TP8= @ 60.00
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