Silver is often considered “second” to gold. It has unique properties that make it attractive as both a precious and industrial metal. Xtrader provides XAGUSD price today and XAGUSD chart live price trend analysis in the form of XAGUSD price chart and silver chart to help users do XAG USD investing, silver trading online and find new trading opportunities.
Short
There is a deviation between the RSI and the MacD in 4h, so it is expected to start a callback. However, we need to rebound and measure the resistance before further correction. If the chaos trading method is used, you can wait 1h for an effective fractal breakthrough before going short. The reverse trend is best to follow after a breakthrough.
XAGUSD // reverse shoulder head shoulder formation
Let's look for closures where I indicated with X. Targets are determined according to Fibonacci.
Silver Buys
- 1Hr. Engulfing Candle - Break & Retest - 5Min. Pin Bar Candle - 3 Leg Extension - Sma's - Fib. - Rsi. Divergence
MQP PRESENTS RUMORS OF A PIVOT PART 3-1 (SILVER NEEDS TO DO THIS
HEADER - This is a supplement for "RUMORS OF A PIVOT PART 3". SUMMARY - The problem with silver is that it is WAY OUT OF POSITION. But it SHOULD BE because, again in theory, SILVER SHOULD LEAD THE SECOND HAlLF. DETAILS - Here is the compare/contrast vs. gold chart posted yesterday. I will add notes soon.
Silver trade idea
I will be looking for possible longing opportunities on silver for this coming week. feel free to air your views in the comment section. Thank you
SILVER MOVE DOWN AHEAD|SHORT
SILVER is about to retest a key structure level Which implies a high likelihood of a move down As some market participants will be taking profit from long positions While others will find this price level to be good for selling So as usual we will have a chance to ride the wave of a bearish correction SHORT Like and subscribe to never miss a new idea!
Xagusd
Shows resistance zones and money box , I’ll be watching the market waiting for a good entry. At one of the breaks
XAGUSD Corrected Count
Again I was pointed to an inconsistency in my previous XAGUSD post and had to do minor adjustments to make it technically correct (replaced (wxy) with (abc). However, this did not change my outlook. On Monday the price is expected to pop up above 0.9 red line to finalise wave (b) and reverse. If that happens and later confirmed with a triangle in wave y there...
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