#SILVER #XAGUSD headed for a short upmove in a corrective rallySilver's recent upward to sideways can be counted as an incomplete WXY Flat. Subdivisions of Wave Y is in its final stages. An upmove to the 24.60 -24.80 should complete the rally . The larger downtrend should then resume. Longby SolomonsView331
Short Silver Short Silver Below 24.27 Target 23.87 Target 23.32 Stoploss 24.47Shortby abhishekdeokar720
SILVER (XAGUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support 22.15, resumption of uptrend is expected. We make sure when the resistance at 26.20 breaks. If the support at 22.15 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI resistance #1 at 56 is broken, so the probability of resumption of uptrend is increased. A trough is formed in daily chart at 22.58 on 10/29/2020, so more gains maximum to Major Resistance (26.20) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 60. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Longby ForecastCity_ME223
Silver breaks the trend line as expectedPrice breaks the trend line as expected and one can expect a retest before moving big. If you find my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button, Your Support is very much 🙏 appreciated! by Tradersasi231
#SILVER #XAGUSD break of corrective channelThe downside break in prices is a possible opening for the re-entry on the downside. Watch for the risk level to hold. If prices do not re-enter back into the channel in the coming few hours, the downmove should sustainShortby SolomonsViewUpdated 334
SILVER (XAGUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is below the resistance 26.20, beginning of downtrend is expected. We make sure when the support at 19.65 breaks. If the resistance at 26.20 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: The RSI downtrend #1 is broken, so the probability of beginning of downtrend is decreased. While the RSI resistance #2 at 56 is not broken, the probability of price increase would be too low. A peak is formed in daily chart at 25.50 on 10/12/2020, so more losses to support(s) 23.05, 22.15, 21.00 and minimum to Major Support (19.65) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 50. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️by ForecastCity_ME667
#SILVER $XAGUSD positioned to tumble overSilver rallied up in three waves - and has now completed and a-b-c structure. The fall in the last 30 mins could accelerate and take the issue to new lows. Watch the indicated risk level for exits if caught on the wrong side.Shortby SolomonsViewUpdated 442
Silver potential short term topAs per ABCD pattern, we have formed an intermediate top in the 24.80-24.90 region. One can positionally short with a SL above 25.01 for a target of 22.90-22.80Shortby sanketsm0
XAGUSD, Weekly analysis, Oct 19-23Silver against Dollar pair looks to go up in initial part of the week, and it looks like going down as per Price action analysisShortby Akfx3690
Channel pattern in Silver, XAGUSDPrice forming a channel pattern and trading at support that is channel bottom. 24.52500 is looking as strong resistance levels and if price breaks this levels then look for channel top as target levels. Many consider this as Flag pattern it is also correct if price breaks the channel from here but once it breaks 24.52500 levels then the flag pattern will become invalid. by Tradersasi230
#SILVER #XAGUSD - downtrend may have resumedThe first downmove that we see has clearly traced a 5 wave sequence and a 3 wave correction. this means we are headed down. Looks for new lows with 25.57 as the risk stopShortby SolomonsView333
#SILVER #XAGUSD bounced off sighted resistance Silver headed higher this morning into the indicated resistance at 25.57 and reversed right there , the down move has all the indications of a 5 wave structure and so may turnout to be a trend reversal. Updated charts will be posted soon. Direction seems to be down to new lows if 25.57 remains intactShortby SolomonsView225
#SILVER #XAGUSD targeting 25.57 in Wave YSilver progressed very well as expected in Wave c of Wave Y. It should face resistance at around 25.57 where Wave Y = Wave W. This is also where the parallel trend channel tops. We should watch price reaction at this area to understand if the trend will change downward ( most likely will, but lets listen to the price) . 25.57 is a good area for the W-X-Y corrective upward rally to terminate.Longby SolomonsView112
💡SILVER (XAGUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support 19.65, resumption of uptrend is expected. We make sure when the resistance at 26.20 breaks. If the support at 19.65 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI downtrend #1 is broken, so the probability of resumption of uptrend is increased. While the RSI resistance #2 at 64 is not broken, the probability of price increase would be too low. A trough is formed in daily chart at 22.85 on 10/06/2020, so more gains to resistance(s) 25.65 and maximum to Major Resistance (26.20) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 53. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️by ForecastCity_ME449
Silver Long 26.02 Next TargetBuy Entry Level at 23.87 Target1* 24.10 ,Target 2 24.20, Target 3* 24.50 Stop loss 23.80 Longby abhishekdeokar720
#Silver # XAGUSD ZigZag correction should lead to Wave C upThe past few days of price action in #silver is part of the larger upward correction and now looks like the last part of Wave c (circle) of X is completing. This should have already ended or will end with a quick peek below the yesterday's low. We should be then headed upward in Wave Z to complete the upward correction TVC:SILVERLongby SolomonsView3
LONG #SILVER #XAGUSD consolidating in a Wave B triangle ?Silver could be ready to breakout on the upside from the sideways consolidation, this is the most likely scenario as it has taken a sideways triangle over the last few days. Looking for Wave C up now if the key support holdsLongby SolomonsViewUpdated 1