XAGUSD(Silver) Technicals

Posts: 527 · #16 - July 23, 2020, 09:10:03 PM

Silver is currently still dominant trend up, which means we will focus on going up for some time because indeed from a technical perspective there are no signs of a downtrend we will aim at a buy in the demand area of 22.200 prices with a target at 23.200 prices use stop losses always

Posts: 527 · #17 - July 24, 2020, 09:12:17 AM

Silver is currently still dominant trend up, which means we will focus on going up for some time because indeed from a technical perspective there are no signs of a downtrend we will aim at a buy in the demand area of 22.100 prices with a target at 23.160 prices use stop losses always

Posts: 5458 · #18 - October 06, 2020, 03:10:18 AM

Silver Explanation of the daily timeframe: the daily candle for yesterday is strong bullish and as traders we must follow the uptrend Explanation of the H4 timeframe: the mother candle h4 for today is 24.xx and 23.xx and we will wait until the high first breaks Explanation of the M15 timeframe: we can see that m15 is still rising and our chance to follow buy after the pullback

Posts: 5458 · #19 - October 08, 2020, 04:45:53 AM

Silver Explanation of the daily timeframe: yesterday's daily candle was half bullish and we will focus on buying today, waiting for the h4 break Explanation of the H4 timeframe: currently the price ranges for h4 are 23.8 and 23.3 and don't buy immediately before the body breaks Explanation of the M15 timeframe: we can see that the chart price is still high and this is our opportunity to buy