acunmeswew Posted March 29, 2013 Share Posted March 29, 2013 Once corrected up to 28.14, it is expected the market will move higher towards resistance area is 28.60 to 28.83. Supports / resistances R3 29.0900 R2 28.9600 R1 28.8100 S1 28.1500 S2 28.0200 S3 27.8600 Quote Link to comment Share on other sites More sharing options...
pepy Posted December 22, 2015 Share Posted December 22, 2015 Morning star followed by falling wedge proven to be an essential part of bullish trend for Silver, on H1 chart we can see there is big chance for silver to rise at least for around 100 pips. The next target which i predicted to be a destination of Silver is resistance level at 14.626 Quote Link to comment Share on other sites More sharing options...
pepy Posted March 17, 2016 Share Posted March 17, 2016 Well, on H1 chart it seems that Silver under strong bullish presence and formed bullish engulfing pattern and break upper band indicate that Silver will rise further. Combined with RSI(14) and Stoch that rise respectively to 71 and 93 then the it seems Silver may toch 15.600 and potentially reach 15.700. Quote Link to comment Share on other sites More sharing options...
pepy Posted April 28, 2016 Share Posted April 28, 2016 On daily chart it is clear that Silver still find hard to break resistance level at 17.175 without much efforts. This morning also shows an indication that the price may pressed to fall further. At this current condition, it seems silver may fall to below resistance level at 16.745. Quote Link to comment Share on other sites More sharing options...
pepy Posted May 16, 2016 Share Posted May 16, 2016 On h1 chart some indicator such as EMA50, Ichimoku, RSI, and Parabolic SAR are showing bearish trend. Price still cannot break EMA50 even tried it few times. At this moment the bearish trend still strong and may push the price down further, i also don't see sign for oversold for now. It may target level 16,400 Quote Link to comment Share on other sites More sharing options...
pepy Posted May 24, 2016 Share Posted May 24, 2016 Silver still pressed by the bearish sentiment and is moving closer to current MA100 on the cloud trend. The price seems to test MA100 first and looking the way to break it so the price fall deeper. If rejection is the case then silver will turn the table and rising further. Quote Link to comment Share on other sites More sharing options...
pepy Posted May 25, 2016 Share Posted May 25, 2016 Silver on H4 chart saw the price is open below pivot with price still move below EMA50. The latest candle is bear bull bull. Parabolic SAR: BEARISH and MACD: BEARISH. So the conclusion is overall trend is bearish with the price may fall below resistance level at most to 16.124 Quote Link to comment Share on other sites More sharing options...
pepy Posted May 27, 2016 Share Posted May 27, 2016 On 15 minutes timeframe silver seen to break ema(50) with the price crossed middle band. Overall the trend is limited bullish considering Rsi (14) rise to area 45 and Stochastic (5,3,3) rise to level of 70. So conclusion is like i said before limited bullish to 16.330. Quote Link to comment Share on other sites More sharing options...
pepy Posted May 30, 2016 Share Posted May 30, 2016 On H1 time frame silver's ema(25) fall down and cut middle band while the price fall to the lower place temporarily break the lower band. RSI (14) is showing derivation to the area of 40. Stochastic is showing derivation to 45. Whie Macd represent low lower. The conclusion is weak bearish price movement. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 2, 2016 Share Posted June 2, 2016 On silver's one hour time frame doji formed which indicated bullish sentiment, the price also seems rise and break middle band. RSI(14) ascend to area of 48 and Stoch also ascend to the area of 76. Macd (12,26,9) indicated a low higher. The price bias is medium bullish, with the closest resistance at 16.050. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 3, 2016 Share Posted June 3, 2016 On H1 time frame silver is trying to test the lower band area where the closing price pattern is lower low, as Macd (12,26,9) noted, RSI(14) go down to area around level 45. Stochastic (5,3,3) go down to area around level 21. The falling price bias still limited to lower band at 15.875. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 8, 2016 Share Posted June 8, 2016 Even silver's movement on one hour chart hampered by the cloud trend, but the price still able to maintain its position above MA 100, so the chance for silver to rise back still highly open. The price is expected to be closed above the trend cloud or even fly higher. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 13, 2016 Share Posted June 13, 2016 Bullish engulfing pattern formed on h1 timeframe of silver and not only that the price is successfully break middle band and closed just above middle band. Stochastic (5,3,3) observed rise to 61, Rsi (14) also rise to the area around 53 plus Macd (12,26,9) formslower high. The bias is bullish with resistance at 17.500. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 20, 2016 Share Posted June 20, 2016 Silver candle on the one hour chart nearly the same with the price rise but corrected once again. Technically Silver's price still under bullish sentiment from traders and hoped to rise once again after this morning this commodity corrected with support from KDJ which rise to level 56. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 9, 2016 Share Posted July 9, 2016 On H4 time frame's chart, silver observed formed doji and at the same time the price successfully reached the lower band area with Stochatic and RSI(14) fall to level 37 and level 46 respectively supporting this descent movement. MACD on the other hand is a bit resistant with higher low. So the prediction is bias still overwhelmed by bearish and fall towards 19.190 Quote Link to comment Share on other sites More sharing options...
pepy Posted July 15, 2016 Share Posted July 15, 2016 2 dojis seen on H1 chart of silver and it is precisely at pivot point(20.250). Other indicators indicated bearish with Stochastic (5,3,3) fall to level 64. RSI(14) fall to around level 50. Macd (12,26,9) without much resistance forms lower low. The bias is bearish with support in between 19.900 to 19.710 if can break it will fall depeer to 19.190 at most. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 22, 2016 Share Posted July 22, 2016 On H1 chart, Silver's price is practically below daily pivot, also the price is kee moving below average since few hours ago. The RSI indicator also observed to rise to level 67, while Stochastic is fall to level 58. Overall even RSI and Stoch is against each other i catch the signal for bullish seeing the Stoch trend as temporary. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 2, 2016 Share Posted August 2, 2016 Silver on H1 chart get some boost in this session, so far since the opening bullish keep dominate the market. SuperTrend and EMA28 considered to be bullish even quite early, MACD forms lower high, while Stochastic rise to 65. There is bigger chance for bullish and the target is at 20.543 in this session. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 8, 2016 Share Posted August 8, 2016 The other commodity which silver successfully broke lower band on H4 time frame and closed below indicated more bearish movement especially with Rsi (14) which falls to around level 27, Stochastic (5,3,3) which falls to around level 7. Macd (12,26,9) on the other hand forms lowers low. Bias for this commodity is bearish with the target at 19.475 or even lower. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 9, 2016 Share Posted August 9, 2016 Two morning star doji formed on silver's 1 hour time frame! , not to mention it followed by bullish engulfing candlestick pattern that penetrate the middle band. RSI (14) seems up to level 45. Stochastic (5,3,3) up to level 33. Macd (12,26,9) formed lower high. Overall, bias is bullish and the price will rise towards resistance at 19.980. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 12, 2016 Share Posted August 12, 2016 On the 1 hour time frame silver forming a bullish engulfing candlestick pattern, and this means price is bullish now supported by RSI (14) which observed to rise up to around level 58. Stochastic (5,3,3) which is rising up to around level 85 . Macd (12,26,9) with lowers high. Considering the price closed above the upper band so that it can test the area around 20.240. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 17, 2016 Share Posted August 17, 2016 Three inside down pattern formed in XAG's 4 hour time frame. XAGUSD price seems fall down to near EMA10 and also able to cut EMA25. RSI (14) seems fall down to level 45. Stochastic (5,3,3) fall down to level 23. Macd (12,26,9) formed lowers low. Bias for this pair is bearish with the price fall towards support level which is in the lower band at 19,600. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 18, 2016 Share Posted August 18, 2016 H4 chart, Silver got rejection from trend line, and rejection of that form a candle pinbar. Under these conditions, it is estimated Silver will go back down and try to reach the low point came in the level 19.360. This scenario will be invalidated if the Silver managed to climb and penetrate the trend line. Other indicators: RSI (14) seems fall down to around level 40 . Stochastic (5,3,3) fall down to around level 55. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 23, 2016 Share Posted August 23, 2016 A wide gap spotted on Silver's 1 hour time frame chart, the other indicators such as Stochastic(8,3,3) also follow the same step with fall to level 18 which means the price according to Stochastic is oversold. RSI(13) also fell down to level 13 and oversold enough. It seems this pair still make limited bearish and will make reversal to the previous support. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 25, 2016 Share Posted August 25, 2016 Big white body spotted there on H1 chart, which means Silver(XAG) is under bearish sentiment. RSI(14) and Stochastic (5,3,3) are rising now to 71 and 77 respectively but MACD(12,26,9) formed lower low. I think Silver may corrected first before fall further which may break the 1st support level for today. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.