SILVER | Silver Rate in the Forex market
Elliott wave analysis of Silver for January 26, 2022https://forex-images.ifxdb.com/userfiles/20220126/appsimage_analytics61f0d8b0dcc77.jpg
Silver needs to conquer resistance at 26.04 to get the "GO" for a rally towards 30.40 and ultimately a continuation higher towards the all-time high near 50. As long...
Trading signals for GOLD on January 25 - 26, 2022: buy in case of rebound at $1,843 (6/8)https://forex-images.ifxdb.com/userfiles/20220125/appsimage_analytics61f01c3705d60.jpg
Our trading plan for the next few hours will be to wait for a technical bounce at 1,843 to buy or wait for a pullback at 7/8 Murray around 1,859...
Markets' preparation for the upcoming FOMC meetinghttps://forex-images.ifxdb.com/userfiles/20220124/appsimage_analytics61ee5dbf41113.jpg
It seems likely that market participants were considering a more hawkish stance from the Fed and the FOMC meeting this week given the huge drop in US stocks...
Several events led to the growth of metals and to the collapse of stockshttps://forex-images.ifxdb.com/userfiles/20220120/appsimage_analytics61e92c71a50b5.jpg
There was a combination of events that led to a dynamic increase in the precious metals markets yesterday. According to the latest data provided by the government, the main concern...
Elliott wave analysis of Gold for January 20, 2022https://forex-images.ifxdb.com/userfiles/20220120/appsimage_analytics61e8f987d7edd.jpg
Gold is showing signs of an upward movement after having spent 6 months inside a symmetrical triangle. We are looking for a break above the triangle resistance line near 1,860...
Elliott wave analysis of Silver for January 20, 2022https://forex-images.ifxdb.com/userfiles/20220120/appsimage_analytics61e8f86cd616b.jpg
Silver is climbing higher. It may test the resistance level near 25.40. A break above here will call for a continuation higher to 30.09 and to the all-time high...
Reduction of long positions on metalshttps://forex-images.ifxdb.com/userfiles/20220118/appsimage_analytics61e67f5deaede.jpg
The gold market is still above $1,800 an ounce while waiting for the Fed's more aggressive action, which is trying to control the growing inflationary threat and curb inflation with...
Elliott wave analysis of Silver for January 18, 2022https://forex-images.ifxdb.com/userfiles/20220118/appsimage_analytics61e65a0b7402e.jpg
Silver is testing resistance at 23.40 that needs to be broken to open up for more upside pressure towards important resistance at 25.40, which marks the neckline of the possible...
Trading signals for GOLD (XAU/USD) on January 18 - 19, 2022: sell below $1,823 (21 SMA)https://forex-images.ifxdb.com/userfiles/20220118/appsimage_analytics61e63c7d9e6d6.jpg
Gold price is trading at 1,820 below the 21 SMA and above the 200 EMA. The short-term trend for the XAU/USD pair is completely sideways, the 21 SMA has become...
Trading signals for Crude Oil (WTI - #CL) on January 17 - 18, 2022: sell below 84.38 (7/8 - top uptrend channel)https://forex-images.ifxdb.com/userfiles/20220117/appsimage_analytics61e4e78321fc0.jpg
The next immediate support levels are located at the SMA of 21 at 83.25. Following a sharp break of this moving average, we could expect a move down around 6/8...