Silver(
XAGUSD), as I expected in my previous updates, reacted well at the Potential Reversal Zone(PRZ)[$62.00-$46.00] and started to rise right near this PRZ.
In general, precious metals, especially Gold(
XAUUSD) and Silver, are currently sensitive to news and Middle East tensions. Any news about rising tensions or even a ceasefire in the conflict can quickly alter the market trajectory. So, it’s essential to manage your risk carefully these days, as the market can be heavily influenced by sudden, high-momentum moves.
From a classic technical analysis perspective, there’s a likelihood of forming an Inverse Head and Shoulders Pattern on silver in the 4-hour timeframe. If this pattern is completed and the neckline is broken with strong momentum, we can hope for further gains.
From the Elliott Wave theory, it seems that silver has completed wave 4 near the PRZ.
I expect that in the coming hours, silver will rise once again and potentially reach $73.47.
First Target: $73.47
Second Target: $77.140
Stop Loss(SL): $65.17
Points may shift as the market evolves
What do you think about silver—do you believe it can form this Inverse Head and Shoulders Pattern, or will it continue its decline in the coming days?
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌 Silver/ U.S. Dollar Analyze (XAGUSD), 4-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
XAGUSD), as I expected in my previous updates, reacted well at the Potential Reversal Zone(PRZ)[$62.00-$46.00] and started to rise right near this PRZ. In general, precious metals, especially Gold(
XAUUSD) and Silver, are currently sensitive to news and Middle East tensions. Any news about rising tensions or even a ceasefire in the conflict can quickly alter the market trajectory. So, it’s essential to manage your risk carefully these days, as the market can be heavily influenced by sudden, high-momentum moves. From a classic technical analysis perspective, there’s a likelihood of forming an Inverse Head and Shoulders Pattern on silver in the 4-hour timeframe. If this pattern is completed and the neckline is broken with strong momentum, we can hope for further gains.
From the Elliott Wave theory, it seems that silver has completed wave 4 near the PRZ.
I expect that in the coming hours, silver will rise once again and potentially reach $73.47.
First Target: $73.47
Second Target: $77.140
Stop Loss(SL): $65.17
Points may shift as the market evolves
What do you think about silver—do you believe it can form this Inverse Head and Shoulders Pattern, or will it continue its decline in the coming days?
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌 Silver/ U.S. Dollar Analyze (XAGUSD), 4-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
Dagangan aktif
Trade was activatedNota
You can Transfer Stop Loss(SL) to Entry Point(EP) = Risk Free, or you can take your profit manually Dagangan ditutup: sasaran tercapai
First Target Done.
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🚀 Up to 75% Trading Fee Rebates Across 20+ Exchanges:
🤖 t.me/Protrader365bot
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🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.