XAGUSD 4H Possible scenarioI just wished that this would be the bottom, this would be the end, and just buy buy buy but, FED and Treasury are way more popular than Gold n Silver these days, specially Silver, despite higher cost for mining and, despite industrial demand for Silver to build solar panels and energy efficient cars, that's not what the price of Silver reflects
It's just down down down as everyday passes and, i'm just wondering what could've possibly gone wrong so i could just sit n watch the central planners just get away with this ? what this world has became and why do we people just keep listening to what central banks say
After all those poor people in 2008 who lost almost everything, their homes, their 401k their trust in life, why on earth history has to repeat itself and i'm just wondering when people including me gonna say, wait a minute, why do we have to keep doing this like a sheep ?
XAG
✅SILVER NEXT MOVE|LONG🚀
✅SILVER will be retesting a support level soon
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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SILVER too looks BULLISH IN Coming Months!SILVER too will be BULLISH soon? Elliot Wave Long/Short-term analysis! 21st June 2022
Only for educational purposes.
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Weekly and daily technical analysis for the price of silverWhy was there such a sharp decline in the price of silver in the second half of April and into May? And where could it potentially move next?
After taking out last year’s low just below $20.5 per ounce, silver has now slowly, but surely, retraced slightly higher. Now the price of XAGUSD is settled for the time being. Over the past few weeks, the price of silver has settled around $22.0 per ounce.
Looking at the weekly chart we have two indicators; the Williams Alligator and a Money Flow Index (MFI).
With the Money Flow Index, we see divergence take place with the most recent highs marked out with the blue trend line. While price has played out well with this sharp decline, the MFI is suggesting uncertainty. While there is still plenty of room for more downside, it may be reasonable to expect price the price to consolidate further with the Money Flow Index sitting exactly at the equilibrium.
The Williams Alligator uses the intersection of the moving average lines to help identify a trend. In the graph below, we have recently seen the longer term lines cross over the shorter lines. This scenario suggests that the market is signaling a downturn, just as it did before the rapid decline in the price of silver at the beginning of April.
From a daily time-frame perspective, $22.5 appears to be a bridge too far for XAG if it does counter the bearish indicators above and muster some upside. A more reasonable bullish target might the closer to the 13-day moving average, at $22.2 per ounce. On the other side of the coin, downside levels to watch include $21.9 and $21.5.
SILVER Shall Fall! Sell!
Hello,Traders!
SILVER was retesting the horizontal resistance level
And now we are also seeing a bearish breakout
So the bearish vibe is dominating
And I think the price will fall further down
Sell!
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See other ideas below too!
Daily Futures Volatility Forecast 27 May 22 Gold, Silver, OilGOLD XAU USD 27 May 2022
For today, the current expected volatility is going to be below 1.5% with a chance of probability of 88%
This is going to be translated in a movement of +- 27.6 from opening candle
Taking into account the close candle price which was around 1850 we can consider our daily channel the next
TOP 1878
BOT 1823
For today we have no big fundamental news which can affect the price of the asset.
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SILVER XAG USD 27 May 2022
For today, the current expected volatility is going to be below 2.78% with a chance of probability of 88%
This is going to be translated in a movement of +- 0.62 from opening candle
Taking into account the close candle price which was around 21.98 we can consider our daily channel the next
TOP 22.6
BOT 21.37
For today we have no big fundamental news which can affect the price of the asset.
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US OIL 27 May 2022
For today, the current expected volatility is going to be below 4.6% with a chance of probability of 88%
This is going to be translated in a movement of +- 5.25 from opening candle
Taking into account the close candle price which was around 114 we can consider our daily channel the next
TOP 119
BOT 109
For today we have no big fundamental news which can affect the price of the asset.
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Weekly Volatility Forecast 23-29 May 2022 Gold & SilverGOLD 23-29 May 2022
We can based on the last month analysis, that the current volatility is around 3.66%
This is translated into 68$ from the current point.
So lets imagine that GOLD is going open Monday candle around 1845
With that in mind, with close to 86% probability of pointing correctly the top and bottom places we are going to have:
TOP 1845 + 68 -> aprox 1913
BOT 1845 - 68 -> aprox 1777
If we want at the same time to narrow a bit this channel, we can go for close to 76% probability.
In this case the volatility would be around 2.75% => 50$
TOP 1845 + 50 -> aprox 1895
BOT 1845 - 50 -> aprox 1795
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SILVER 23-29 May 2022
We can based on the last month analysis, that the current volatility is around 6.93%
This is translated into 1.5$ from the current point.
So lets imagine that SILVER is going open Monday candle around 21.7
With that in mind, with close to 86% probability of pointing correctly the top and bottom places we are going to have:
TOP 21.7 + 1.5 -> aprox 23.2
BOT 21.7 - 1.5 -> aprox 20.2
If we want at the same time to narrow a bit this channel, we can go for close to 76% probability.
In this case the volatility would be around 5.2% => 1.1$
TOP 21.7 + 1.1 -> aprox 22.8
BOT 21.7 - 1.1 -> aprox 20.6
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