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XAG

SILVER (XAGUSD) | The safest target to climb🎯Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. The counting shows that in general a forward motion has been formed which may be for wave 1 or a and wave 2 or b, and now we have entered a new phase by breaking the channel related to the term. This trend may be for wave 3 or c. However, we assume that these waves are related to wave-1, and that this wave 1 has completed its 1, 2, and 3 microwaves, and now that it is in the range of 26,500, it can be said that this prz range is a harmonic pattern. It has formed its 4th wave, this 4th wave is probably formed in the form of a zigzag and this zigzag breaks the black channel downwards and moves up to half of the blue channel and then prepares to form the 5th wave. This analysis is just a possibility and has no validity. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
FX_IDC:XAGUSD
by mahdisoltaninjad
11
Silver double bottom nearing a confirmation breakoutXAG is looking solid. I've been accumulating the SLV ETF as well as FSM, SVM, and PASS since December. The weekly candle for December 13th was the proof in the pudding for me. Seller exhaustion on both the MACD and RSI with confirmed classic bearish divergence. Now XAG is approaching a confirmation of that double bottom. If XAG breaks the $26 neckline to confirm the double bottom, we'll probably see a $30 price a few weeks later. The way I see it, any pullback would be a gift if you're not allocated to SLV or silver miners. If Gold continues to push precious metals higher, I think silver will outperform gold by 50-100% during the next 6-18 months. And I still think we'll see a $2,700 Gold price within 2 years (by the end of 2024). So, that could mean a $50-$100 silver target. We'll see the closer we get there. Precious metals and miners are looking primed for a solid run the next couple years.
OANDA:XAGUSDLong
by MediumOfEscape
1
104 months of LTCBTC price actionAs time goes on and Bolinger Bands of this chart get tighter over time, a possible significant price movement is expected, following news related to Litecoin adoption. Many times before in the history of Litecoin we did witness explosive price surges following the news (i.e. fake Walmart announcement). Currently, in the areas of ALL TIME LOWS, Litecoin presents some lucrative opportunities for patient SPOT BTC traders who follow capital management. Leverage trading at this point is rather not recommended. Incoming volatility and possibly large incoming volume might result in long shadow wicks on lower time frames.
Long
by crypto_poet