SILVER - Overview on daily timeframe

OANDA:XAGUSD   白銀 / 美元
On the daily timeframe , on OANDA:XAGUSD             we can see that the pair is completing a short term running flat on the 4hr timeframe, and is soon bound to resume it's upward movement, in order to complete the "B" leg of the bigger flat type correction.
As we are monitoring short opportunities on the lower timeframes, we don't want to overlook this much more interesting long opportunity on this timeframe, as the expected movement will take the price of the commodity around the $ 17.80 area, and possibly around the $ 18.50 area, according to whether it is forming a running or an expanding flat (dashed lines). Another solid reason for not missing this consequent long opportunity is that, potentially, the longer term correction might be entirely over, so it might be the beginning to an even bigger impulse to the upside (although we believe there will be another small leg to the downside before).

If you feel that our analyses and views may be a useful complement to your trading strategies and in order to be notified in real time with our updates on the lower timeframes, please remember to click on the Follow button.

Remember that you can double check the bigger structures that are at play are on the weekly and daily time frames also by scrolling around the charts in the lower 4hr and 60min timeframes (right and left, up and down).

Trade with care and only with a backtested strategy that has proven to work in relation to your invested capital, risk appetite and potential small losses you might incur in before profiting from a good trade.

Thank you for viewing.
English (UK)
English (IN)
Bahasa Indonesia
Bahasa Melayu
Tiếng Việt
首頁 股票篩選器 外匯信號搜索器 加密貨幣信號搜索器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人檔案 個人檔案設定 帳戶和帳單 我的事件處理號碼 聯絡客服 發表的想法 粉絲 正在追蹤 私人訊息 在線聊天 登出