Description: The counter XAGUSD is moving upwards in the support trend line from 06th May. The support trend line has been tested thrice at the prices 25.68, 27.18 and 27.55. The price is still maintaining above the support trend line and there is no indication for a breakout. The buying pressure of the market may pull the price even more upwards. The existing...
Daily closing above $28 will provide required momentum and once closes above $31, we might be in for new ATHs in Silver. Plan and trade accordingly. Disclaimer: idea only for educational purpose. No recommendation to buy/sell.
c&h formation, macd, all indicators are suggestive of longs
XAGUSD - Silver - Hourly Analysis CMP 27.678 $ SHort below 27.5$ - 1 hour Candle closing basis or 27.8-27.7$ SL above 28.05 - (1 hour candle closing basis) Targets 27.26- 27- 26.78- 26.5+ Target
Midterm forecast: 25.75 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 25.75 is broken. Technical analysis: A peak is formed in daily chart at 28.75 on 05/18/2021, so more losses to support(s) 26.60 and minimum to Major Support (25.75) is expected. Price is above...
Looks like we have completed 5 Wave Advance and it is leading diagonal. Wait for Wave C trading opportunities. We can take decisions based on price actions .
easy way to get a buy, just get the supply zone formed by a pin bar, we got the gold zone fib 50-61 + pinbar singal buy + ratio more than 1/2 +
Head & Shoulders seen in 5 mins chart of 0.75 points in Silver, Short silver for a target of 26.65 Sl 27.48
Silver is in Uptrend. Going up from Area of Confluence
WE CAN GO FOR SHORT IN SIDE THE PATTERN WITH SMALL SL. AS PER DOW Theory we have lower low now and pullback so short possibel