ANALYSIS ON SILVERUSDANALYSIS ON SILVERUSD
Welcome to my analysis
-
4HR CHart
-
Interesting Point of interest In the SILVER/USD pair.
- Price above 200 day EMA.
- look for buy signals TO GREEN ZONE.
- Watch top for sell.
- Watch line for break out to the downside.
- MACD showing bearish divergence
Long term i am expecting move to the upside. Will update soon
Stay Tuned
Xagusdlong
Will Silver Reach $22 Per Ounce?The daily chart above shows Silver's entire rally from November 2018 low. As visible, the price appears to be forming a textbook five-wave impulse pattern, labeled (i)-(ii)-(iii)-(iv)-(v). The sub-wave of wave (i) and (iii) are also visible while wave (v) is still unfolding.
According to Elliot Wave theory, wave (v) should exceed wave (iii) high, in Silver case price is still in the middle which means that the recent rally is just sub-wave "i" of wave (v).
Once sub-wave ii correction is completed around 50 - 78.6% Fib ratio, price is expected to resume higher in wave iii. Wave (v) will most likely find resistance within the gray resistance zone that lined up with upper ascending channel resistance around $21-$22.
What's your thought about Silver?
XAGUSD (Silver) Slight correction after rising...XAGUSD (Silver) Slight correction after rising. The exchange rate moves in a rising wave sequence. The analysis shows that the first fractal can be copied. You can also see that the bottom of the second fractal shifted slightly down. Blue wave rectangles indicate this wave shift. I do not expect the departure correction to be greater than that indicated by the yellow square. If my analysis is correct, the target price for the exchange could be 19.268usd. I treat this level as my primary target price. This means I use a target price tracking strategy when I reach the level. This is due to the increased possibility that the exchange rate may rise further. I do not want to miss this further rise.
XAGUSD BuyXAGUSD Buy
**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.
_________________________________________________________________________________________________________________________________________
Thank you for your support!
Tradewithsam
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
Silver May Soon See Further UpsidePrimeXBT has scanned the markets and gathered some pertinent information about XAGUSD that we would like to share with you.
Silver futures, meanwhile, continued their recent outperformance. They rose to $17.75 an ounce, just off an intraday high of $17.63 that was their highest in seven weeks. Silver has now risen 6.7%+ this month.
If its price is able to decisively break above the resistance level of 50% Fibonacci and its H12 candle closes above this level, we can begin looking for ideal long entries.
Silver, from a technical perspective, there are two key levels in the near-term. One above and one below the current price of $17.65 per ounce and below at $17.36 per ounce.
Day's Range: 17.37602 — 17.7689
Volume: 3.818K
Support Zone: 17.36 — 17.24
Resistance Levels: 17.65, 17.90
The best way to get consistent quality analysis is to follow us. You won’t miss a thing!
We’re wishing you all a great and profitable week of trading!
XAGUSD (LONG *UPDATE*) ENTRY SIGNAL: THANKSGIVING DAY-P *ACTIVE*Please defer to the related link publication below posted on Thanksgiving Day 11/24; here we are now (rather than update a publication over a month ago, I figured I'd update it with a new chart) & if I'm being completely honest; I'm only re-publishing this for gloating purposes cause WE HIT THE JACKPOT ON THIS CALL BABY.
I'll repost link for those of you who are too lazy to click on it.
Damn I knew I was good...I knew I had magic...but DING 60 (WoW reference) my crypt0w1z has capped at max lvl (ironically during a commodity pub) & now it's time to start collecting swathes of loot as this baby (blue) whale feasts on tons of krill each passing day until around Q2-Q3 2020 where I'll have the largest mammal to have ever existed in the history of mankind with veins so big that a 7" tall 220lb adult male could swim through them -- #Facts (incase you didn't know, the largest animal to have ever existed in the billions of years since Earth's crust formation, wasn't during the prehistoric or paleolithic era...but still exists today!)
The Blue Whale is not just the largest mammal on this Earth, it's the largest living sentient being to have ever existed in our current (known) universe.
This wiz has no intention of being a blue whale...i'm a goddamn wizard. My intent is summon an army of blue whales on that OGBUFFET status. Notice I said INTENT not GOAL or ASPIRATION.
Nike.
DISCLAIMER
NOT FINANCIAL ADVISE
ridethepig | XAG Market Commentary 2019.12.17Here we can see price risks are still skewed to the topside, with CB's buying Gold at a rate unseen since the Nixon era meaning Silver will continue to move as collateral. Prices have trended in the same direction over the past 4 waves, the market appears to be underpricing the odds of future demand risks as well as a meaningful pick-up in risk due to completions and geopolitics.
The long term XAUXAG chart still looks to have formed a meaningful top so I expect to see Silver outperform Gold in 2020.
Here I stick to the $17 - $18 range and expect the metal to hit main targets within a 3m basis. Thanks all for keeping the support coming with likes, comments, questions, charts and etc. As usual jump into the comments with your ideas and views to open the discussion for all!
XAGUSD TARGETING $28 IN 2023According my elliot count XAGUSD really responsive elliot wave theory rules. First let's look general view;
In this view, W and Y has 1:1 extension exactly.
Latest correction of small impulsive wave in 2016,
W and Y has 1:0.786 extension which is technical. You can see here;
What i am expecting now?
In this impulsive wave, i am expecting to this +$21 area in 2020.
After that correction will occur during 2021.
If correction plays ideally, $16.67-$17.53 would be ideal buy opportunity for Silver. (After hitting $21 area)
And then for 3rd impulsive move, i am expecting +$28 area in 2023.
I will update this analysis after years.
This is not a financial advice. Educational purpose only. Follow, like and share for more thanks.
XAGUSD (silver) starts to climb... From the analysis it can be seen that the fractal sequences do not follow each other in amplitude of 1-2 or 2-1. But in the proportions above the fractal arrows. The point is that the next sequence of the exchange rate is not 1-2 but 1-2.25. This is an important factor. After all, the answer is not 2-1 but 2-0.75. Because exchange rate amplitude shifts higher by 0.25% ATR. This also marks the beginning of a stronger uptrend. In short, the current silver exchange rates are suitable for long positions.
XAGUSD "SILVER" SHOULD SURGE RAPIDLY IN WAVE iii of (iii)Just like GOLD and EURUSD, Silver is expected to advance higher in wave iii of (iii). This is wave is usually explosive and send the market in the direction of the trend faster.
I'm already long!
What's your thought on Silver?
Kindly let me know in the comment.
XAGUSD MAY DUMP MORE FROM HERE.In the name of Allah, the Most Gracious, the Most Merciful.
SILVER MAY DUMP MORE.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example, you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.