Get started

XAG

💡Don't miss the great buy opportunity in SILVERMidterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 27.40 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is formed in daily chart at 23.95 on 01/18/2021, so more gains maximum to Major Resistance (27.40) 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 62. Trade Setup: We opened 8 BUY trade(s) @ 24.93 based on 'Hammer' entry method at 2021.01.18. Total Profit: 1584 point Closed trade(s): 354 point Profit Open trade(s): 1230 point Profit Closed Profit: TP1 @ 26.00 touched at 2021.01.21 with 107 point Profit. TP2 @ 27.40 touched at 2021.01.29 with 247 point Profit. 107 + 247 = 354 point Open Profit: Profit for one trade is 26.98(current price) - 24.93(open price) = 205 point 6 trade(s) still open, therefore total profit for open trade(s) is 205 x 6 = 1230 point Take Profits: TP1 @ 26.00 TP2 @ 27.40 TP3 @ 28.45 TP4 @ 29.85 TP5 @ 31.25 TP6 @ 32.45 TP7 @ 33.45 TP8 Free ❤️ 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 ❤️
FOREXCOM:XAGUSDLong
by ForecastCity_World
19
💡Don't miss the great buy opportunity in SILVERMidterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 27.40 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is formed in daily chart at 23.95 on 01/18/2021, so more gains maximum to Major Resistance (27.40) 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 62. Trade Setup: We opened 8 BUY trade(s) @ 24.93 based on 'Hammer' entry method at 2021.01.18. Total Profit: 1584 point Closed trade(s): 354 point Profit Open trade(s): 1230 point Profit Closed Profit: TP1 @ 26.00 touched at 2021.01.21 with 107 point Profit. TP2 @ 27.40 touched at 2021.01.29 with 247 point Profit. 107 + 247 = 354 point Open Profit: Profit for one trade is 26.98(current price) - 24.93(open price) = 205 point 6 trade(s) still open, therefore total profit for open trade(s) is 205 x 6 = 1230 point Take Profits: TP1 @ 26.00 TP2 @ 27.40 TP3 @ 28.45 TP4 @ 29.85 TP5 @ 31.25 TP6 @ 32.45 TP7 @ 33.45 TP8 Free ❤️ 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 ❤️
FOREXCOM:XAGUSDLong
by ForecastCity
16
XAGUSD (SILVER) - RETEST ANALYSIS 🔎 - XAGUSD brokeout above the descending triangle's inclined resistance. - Price retraced, breaking down below the ascending trendline support. - Price is retesting the 0.618 fibonacci retracement level and the descending triangle's inclined resistance. - RSI is printing a bullish divergence signal. - A bullish pin bar (hammer) was formed. - We could see an uptrend continuation. BUY ENTRY ⬆️ - Breakout above the horizontal resistance level 1 (R1). TARGETS 🎯 - Previous swing high resistance (R2). - Horizontal resistance level 3 (R3). SETUP INVALIDATION ❌ - Breakdown below the 0.786 fibonacci retracement level. Enjoy 🥂
FX:XAGUSDLong
by Chibuike_Odoh
4
Silver Long Setup !!Gold and Silver were diving for the past sessions however if we look into the scenario on a bigger timeframe, we can see that Silver is trading near critical level at which prices might be looking for a buy setups or news to start a new impulsive wave. please take into consideration that the above analysis is based on Elliottwaves strategy, with an invalidation level 23.64 upon breaking this level Silver might be doing a deeper wave 4 complex corrective cycle. that might target 21$ an ounce if broken 18 level !!!!
OANDA:XAGUSDLong
by josephdahrieh
GOLD and SILVER - Interesting Combination!XAUXAG is sitting around a strong support and round number 70.0 so we will be looking for buy setups on lower timeframes. unles price breaks the green zone downward aggressively, then a bearish movement would be expected. For XAUXAG to go up, there are three scenarios: 1- GOLD UP, and SILVER DOWN (best case scenario) 2- GOLD UP, and SILVER UP but with Gold moving up more aggressively. 3- GOLD DOWN, and SILVER DOWN but with Silver moving down more aggressively. How to trade it? Well it depends on your trading style/plan. but here is what I am waiting for as per my trading plan: ON H4: XAUXAG formed a valid channel in red so we are waiting for a new swing high to form around the upper trendline to consider it our trigger swing and buy on its break upward. The stop loss goes below the last swing low, and we always target double our stop loss size to have an edge over the market. Meanwhile, until the buy is activated, XAUXAG would be overall bearish and can still break the green zone downward. Good luck!
OANDA:XAUXAGLong
by TheSignalyst
35