Silver very bullish now. Giving its usual false breaks earlier
Aggiornato
https://www.tradingview.com/x/KNld3048/
As I mentioned for Gold price and Silver, although overextended a bit in price still, I am seeing momentum swinging back for the bulls and on the important bigger timeframes like 4hr and daily.
This chart is a recent Fibs pullback. Check it out below.
As I mentioned for Gold price and Silver, although overextended a bit in price still, I am seeing momentum swinging back for the bulls and on the important bigger timeframes like 4hr and daily.
This chart is a recent Fibs pullback. Check it out below.
Trade attivo
For educational purposes.
BUY xagusd from 31.46 to 31.55
SL: 31.35
TP: 34.40
Nota
Lower time frames a bit selly for silver and gold.
2hr, 3hr, 4hr and Daily very bullish.
Nota
Currently a 3m Double Top where price has sold off slightly.
Price is turning around in favour of trade, however I see a further sell-off to occur, not too much selloff, but this will prompt new buyers as the longer intraday charts look good for the bulls.
Nota
Silver LONG alert is travelling well. Buy order alert was around 31.50. Price is moving in a rising wedge on the 30m timeframe, however its' possible that price could fall back to the 38.2% Retrace Fib Level which is also the bottom of this wedge. But price would then be pushed higher imo.
Trading is risky. But with good & calculated setups it can be profitable.
easy_explosive_trading
Nota
Chasing the high of 34.8550
Nota
Buy silver top-up at price 31,83 to 31,88
SL: 31,72
TP: NEAR previous high, 34,85
Massive RR
Nota
Chart above, shows the retrace nailed in price
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