The XAG/USD traded in a bullish long term trend channel and reached an all time high around 41.92 yesterday. The stochastic supports a bearish movement so the XAG/USD may fall if it fails to cross its next important resistance line around 40.97.
Printable View
The XAG/USD traded in a bullish long term trend channel and reached an all time high around 41.92 yesterday. The stochastic supports a bearish movement so the XAG/USD may fall if it fails to cross its next important resistance line around 40.97.
Pivot Point 18.579
1 Resistance 18.606
2 Resistance 18.635
3 Resistance 18.662
1 Support 18.550
2 Support 18.523
3 Support 18.494
Today,s Technical Analysis of The Pair Silver
I Select Some Good Indicator I think this is the best indicator so for in the trading
market and give the good guide line in the trading , indicator give the good direction
for long term and short term trading so i select some best indicator for the trading
and i give the signal based on the indicators
Trend of this pair is Bullish TREND see in the Bollinger Bands show UP trend
if we are watching Relative Strength Index (RSI) also Trend is Up and watching
in Moving Average Convergence Divergence (MACD) also trend is UP and Parabolic Stop and Reverse (SAR)
show also UP trend so i suggest this pair show BULLISH TREND
you enter the trade at the price : 18.42
and set the take profit at the price: 18.47
you set the stop lose at the price : 18.37
and over all Trend is Up and good Bullish trend i hope hit the target
and you make good money, Resistance and Supporting Level also important
Today in my view that's market analysis and trend : BUY
According to the indicators given below :-
MACD
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading
👍 Thank You 👍
Silver price resumes its positive trades to attack the minor bullish channel’s resistance, reinforcing the expectations of continuing the bullish trend for the rest of the day, which targets 19.00 level as a next main station, supported by the EMA50 and stochastic positivity, reminding you it is important to hold above 18.00 to continue the expected rise.
The expected trading range for today is between 18.10 support and 18.50 resistance.
The expected trend for today: Bullish
Silver *
I make my strategy to this by use the sclapping movemint .after searching the boilenger band it has bullish trend in my minde .
Moving average
MACAD ,boilenger band .
Parabolic sar allso . . . Sell
Current price is . . . . . . . 18.245
If you want profit please set the take profit & stop loss .
. . . . Thanks . .
Its post from locky........
Who tell you about the importance of the trading pair.......
As this pair we know that .it is the most important pair for trading in daily routine..
Its movement up and dowm shown its importance than compare others.
I am doing trading on this pair . After the analysis of moving arevages . Parabolic SR.
And also Use MACD trend analysis . . It always gives me much of profitable trades ...
Good luck for your trading.
Its post from locky........
Who tell you about the importance of the trading pair.......
As this pair we know that .it is the most important pair for trading in daily routine..
Its movement up and dowm shown its importance than compare others.
I am doing trading on this pair . After the analysis of moving arevages . Parabolic SR.
And also Use MACD trend analysis . . It always gives me much of profitable trades ...
Good luck for your trading.
Silver is up
1 Supporting level 18.269
2 Supporting level 18.225
3 Supporting level 18.197
1 Resistance level 18.321
2 Resistance level 18.354
3 Resistance level 18.386
To the downside I suspect that the $18.00 level will continue to offer support, and beyond that I’m sure that we also see a massive support at the gap underneath which has yet to be filled near the $17.50 level. In other words, I think that a pullback makes quite a bit of sense as we have gotten a bit ahead of ourselves recently. Markets can’t go in one direction forever so I look at pullbacks as a potential opportunity and look at the same pullbacks as beneficial for the buyers. I would not be looking to sell this market even though I do think that we fall rather soon. To the downside, I believe that the “floor” is closer to the $17.00 level, and I think that the market will fight at that point to keep the uptrend going.