SilverA falling wedge Breakout on silver hourly. Overall structure is sideways on Daily. A breakout above 23.5 will show a good directional move for a target of 24-24.5
XAGUSD trade ideas
Silver - Live Market update
Buy, if the support by green arrow is not broken from here for 5 hrs next.
Disclaimer: I am not a registered analyst with any of the National/ International agency. Please consult your financial advisor before making any decision.
Silver if break today low then fall till near previous lowOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
XAGUSD SILVER | Update | 20th Feb | FOREX
🔹Timeframe: 4 hour
🔹Stratergy: Neutral
🔹Silver prices at around $23 per ounce, down from seven-week highs.
🔹 Waiting on upcoming FOMC minutes and statements.
🔹Initial expectations for a March cut now shifted to a 53% chance of a 25bps cut in June.
🔹Silver expected to rise in 2024, influenced by a weaker dollar and lower Treasury yields amid looser Fed policy.
Silver MCX also sell on rise till Friday high not breakSilver sell on rise till recent high not break on mcx also. Sell Target recent low
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver started moving up , buy on dip only same in MCX Silver buy on dip till yesterday low not break 22.10 best buy area and 69500 on mcx Target 74500 + and mentioned on chart
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver Started flying high buy given near 22.20 buy on dip On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver comex hit our 2nd Target buying recommended near 22.30 On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver comex buy given on 22 jan now ready for upside move sharpOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver ready for upside move On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver ready for upside move On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
XAGUSD / Silver Swing long Setup 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
XAGUSD#SILVER Head and Shoulders Neck Line Short Time Frame with the Breakout. Completed : Elliott Impulse Wave (12345) : and making its " Elliott Correction Wave (ABC)
Silver near support, we get huge profit on recent sell trade On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
silver long price broke out of an inverted H&S pattern and price is retesting the neckline
price is at convergence of the EMAs
very low risk
Target and stop loss marked
Silver in bear market since 2011Silver price goes inverse to stock market
example:
Silver bull markets
1966-1980
1990-2011
Stock bear markets
1966-1980
2000-2010
Silver bear markets
1980-1990
2011-current
Stock bull market
1980-2000
2010-current
XAGUSD Analysis-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 will see profit booking On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
XAGUSD LONGAfter Impulse move market in cosolidation im looking to catch next Impulklse move, trade not active yet Placed BUYSTOP .
Silver ready for fly again above 25 $On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Poised for an upside - XAGUSDSilver is getting ready for another up move if proves the above impulse wave pattern. Failing which, will continue in its downward trajectory. If looking for a long entry, Look for confirmations, Aggressive entry is not recommended.
#Silver Silver is Tested Each Resistance, Looks Like Take a flight from these 2 zones. Do your own Research with Proper Risk Reward Management to take your Trade.
