XAGUSD_LMAX trade ideas
XAGUSD, Silver vs Dollar Weekly analysis , May 25-29Silver price action gives a bearish idea , it may go down to touch 15.8.. from there it may start the new month price action..
$Silver started its race.silver started its aggressive mode after several years . i hope it will continue its uptrend .
Silver - Breakout - Symmetrical TriangleSilver has given a clean breakout from symmetrical triangle pattern on 15 mins time frame.
Initiate long.
Target: 15.840
Stoploss: 15.440
Silver elliot wavesCurrently silver is trading on 5th wave of elliot impulsive,in which it is in 2md subwave which is a correction wave. Buy at 0.5 or 0.618 ratio of subWave 1 will be more beneficial.
Silver - Symmetrical Triangle Pattern - 4 hourHope it break it soon and tend to move upside. Wait for the breakout and confirmation candle.
SILVER - KEY LEVELS Hi, today we are going to talk about SILVER and its current landscape.
We can observe at this timeframe, a confluence of technical factors, that entail a setup which might drive this asset to a new movement. The details of our analysis are highlighted in the chart above.
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up trendIndication of an upward trend. Additional supply growth can be achieved if demand for precious metals increases.
Price consolidating at key areaPrice consolidating in the key area. looking relevant Price Action Bar to jump into trade. I am more preferring the short.
Let's see....
Silver : Make or Break Level 13.5Price of silver had an upside breakout but failed to reach it's target 26.00
Coming of price aging in triangle pattern is very risky for long position.
A very grim situation may arise in silver if it breaks down 13.5 level.
Exxxxxxxxit all long below this.
SilverWill $13-14 act as buying zone ? Will silver rise when global economic predictions are for recession ?
Breaking down from multiple trendlinesSilver has broken out of medium term trend (line) and done retesting as shown in 2nd chart
If we short it now the target would be long term trendline shown in 3rd chart
Silver might go to 75000!!!!!Here is a long term analysis of silver, it might be ready to fly to a target of 42 dollers in the coming months, it is in the bulg of explosion.
XAGUSD (Silver/USD)Beautiful setup on Weekly. New rally more likely provided it holds key level mentioned in the chart.
