Silver may have some ways to go before it breaks out.Silver seems to be forming a bullish downward trending flag pattern, which is bullish to the upside. It will break out eventually, probably when we exit this deflationary period due to the virus and we enter the high inflationary period that follows due to intense monetary stimulus which as preceded.
Silverforecast
#XAGUSD ANALYSIS.. BEARISH ARGUMENTS.. I think that there are critical points to be considered in the long term for silver.. It is very important for investors to pay attention to some small details from past to present..
In the weekly chart, the price of silver is below ma50 and ma100, silver should rise above these levels for a positive trend.. As I mentioned in my previous publications, I think that we will see a strong sales wave again in the markets on a global scale, I accept that what happened in oil prices is a leading indicator.. We can see that there are similar structures in technical indicators by projection from past to present, RSI and Coppock show some similarities with 2008, and it is worth noting that 2008 is a crisis period just like the current year.. I think that we can see a similar price movement in the process we are in and we will see a retreat up to $ 8.5 in silver price..
Disclaimer: I am not a financial advisor.. Please do your own due diligence when it comes to trading.. Invest at your own risk..
I wish you all the best..
SILVER (US$ / OZ) Monthly, Weekly, & DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
SILVER ROADMAP (long trade idea)I see an opportunity to go long if the price is able to bounce off at 14.650 support level, please wait for price deceleration on the lower timeframe before placing any buy order
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
SILVER UPDATE technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support
📌Why DepaDigitalTrading:
*Analysis based on my program and tactic readings
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*Price action - FIBO - Candl pattern
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*Simple ideas
💡 SILVER technicaly based idea, technicaly indicators showing we can expect higher push up in price, we can see strong bulish candels formation, technicaly picture good, expecting to see push in price till FIBO 0.6, possible based on candl foramtion and break of 0.6 FIBO
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
SILVER is in neutral position! we need solid evidence before placing buy or sell order, currently we are seeing price testing key level for the third time and from daily chart we can see that silver is in a consolidation phase. wait for price deceleration before going long and wait for key level breakout before going short on this metal asset, use smaller timeframes for entries. be patient!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Hand Sanitizer + Facemasks + Precious MetalsA bit concerned. I dismissed claims that silver would not be available when the time came but tonight, I've just noticed apmex.com (a top online retailer for precious metals) has now listed many of the top selling 1 OZ SILVER BARS as PRE-SALE ONLY. AKA SOLD-OUT. Then I checked the smaller sub ounce gold coins. Same story.
Wonder what happens next?
FOREXCOM:XAGUSD TVC:SILVER TVC:GOLD OANDA:XAUUSD OANDA:XAUEUR FX_IDC:XAUCNY OANDA:XAUJPY AMEX:JNUG AMEX:JDST AMEX:GLD AMEX:GDXJ AMEX:GDX AMEX:BTG NYSE:GOLD AMEX:NGD FX_IDC:XAGUSD AMEX:SLV
NOW ON PRE-SALE AKA BACKORDERConcerned. Had always dismissed claims that silver would not be available when the time came but tonight, I've just noticed apmex.com (a top online retailer for precious metals) has now listed many of the top selling 1 OZ SILVER BARS as PRE-SALE ONLY. AKA SOLD-OUT. Then I checked the smaller sub ounce gold coins. Same story.
Wonder what happens next?
FOREXCOM:XAGUSD TVC:SILVER TVC:GOLD OANDA:XAUUSD OANDA:XAUEUR FX_IDC:XAUCNY OANDA:XAUJPY AMEX:JNUG AMEX:JDST AMEX:GLD AMEX:GDXJ AMEX:GDX AMEX:BTG NYSE:GOLD AMEX:NGD FX_IDC:XAGUSD AMEX:SLV
Silver approaching the 16.90 support level!this roadmap gives you potential support and resistance level that might be respected by price, we can open buy order if price bounce off from 16.90 support level. please use smaller timeframe for entry .. good luck!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Silver - The Forgotten Store of ValueAlthough Silver/oz prices exceeded $36 in 2011 I believe that price action can be looked at irrational. With that being said we can identify over a long period of time that Silver has tested the 78.6% fib level TWICE now.
To follow that, we have always been in a "upward trend" except when we dropped down to $14 level in 2018 and 2019 which has shown to be strong support for over a decade. Around $18 dollars seems to show heavy resistance for over a decade as well. This $18 dollar level also happens to be 61.8% fib level.
If we can break through this 61.8% level ($18) we could see a surge in price. Especially if this "slight recession" that we are in now stabilizes over the next 3-6 months we could see the same price action if not heavier price action than we saw in 2010.
Short term price per oz action will be choppy between $16-$18 dollars until the global markets stabilize. Silver bullion would be a great hedge going forward with the times that we are in.
Please follow, comment and criticize.
Waiting for SilverIf you like this idea, don't forget to support it clicking the Like Button!
Hi guys. This idea is a long term analysis of the Silver bullish trend (probably bullish).
My tactic for silver is to wait until the point (C) is reached and to expect for candle confirmation of bullish trend continuation.
If you are looking for a short-term trade on Elliott corrective waves, I suggest you look to the related copper idea.
Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties.
Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
I am not a financial advisor.
Trade idea for XAGUSD SILVER, The major run is getting preparedXAGUSD broke the trendline, retested it and continuing for a rally
its a long term hold
Also it has retested the weekly 200ema so beautifully
I have put the aggressive stoploss you can adjust it according to previous swing low according to you
LONG Don't miss the great buy opportunity in XAGUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (17.44). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 18.16
TP2= @ 18.70
TP3= @ 19.629
SL= Break below S2