Get started
Silver/AUDSilver/AUDSilver/AUD

Silver/AUD

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

XAGAUD trade ideas

XAGAUD @ 24°Increase in the price of silver (AG) has risen AUD$4.09 from its low on 24 September 2020. Subsequent peaks and troughs through 17 October have remained within a 24° band. Extrapolating this sees a further increase through November with resistance at AUD$36.70 and then at AUD$37.88. The price could still go up beyond that. How far that goes I'm not sure. Several things, of course, will have an impact on that - the US election chief among them. With an efficient (and peaceful?) transition of US administrations, there won't be too much of an issue. So much so, there may even be cause to anticipate a downturn in the price of silver with downward resistance at AUD$32.40. The extremes are just that - it's unlikely we'll see AUD$40.00 silver, and if the price rockets it'll stubbornly sit under the forty dollar mark. In the other side, a low of AUD$30.00 is not out of the question albeit unlikely.
OANDA:XAGAUD
by JamsilMonkey
XAGAUD - Silver, the bulls are backHey guys welcome back. This week we will be looking at silver. If your liking the charts so far show some support and give me a follow. Likes and comments are also appreciated. Currently I have SilverAUD as a long. The reasoning? well call me crazy but last I checked inflation was running ramped. Although it has not hit the market as of yet due to the distribution of this freshly printed fiat pouring into certain assets cough* "The property market". Now with that said silver and gold has never looked more appealing. Why, because you can't print metals. This idea is Australians will look to shelter their money into another assets once a certain market started to pull back. Ta wise Silver is looking extremely bullish, as depicted on the chart. My current count has us at wave three, with wave four completing. If you would like to request a chart for me to look at comment them below! If you want to learn more about market cycles, Elliot wave or company investing check out the books below! Use my link and support me directly! www.amazon.com.au www.amazon.com.au
FX_IDC:XAGAUDLong
by davidred
1
XAG/AUD - Another lovely down trendHere is another lovely down trend in play and another cross I am stalking. I'm waiting for a small bearish candle to present itself to me in the cradle zone, then will play a short trade if it's there. I like how the price is nearing in on the previous level of support/resistance. I'd like to see it test that level before bouncing to the downside. We have convergence all the way up to the daily, as well as the trend in our trading direction. I'll stress to you that I'm sitting and waiting to see what happens with this trend, I know what I'm looking and waiting for and will not settle for anything less. If you're interested in learning the methods I use, visit; www.tradercobb.com Peace, and remain patient.
OANDA:XAGAUDShort
by larizzy