There is a descending channel coming out and the price is ready to break out.
A descending channel suggests a compelling price action indicator that is used to spot a further move up when price breaks out.
XAG/USD aims to complete a retracement towards the 22.4 zone as the commodity becomes supported.
Silver: Bullish Flag
XAG/USD,
1 day
LONG
Mar 18
There is a bullish flag diagnosed.
If price breaks out to the the upside, the move could spot a bullish price action.
XAG/USD to strengthen to 23 on impulse above 22 as downside pressure alleviates.
Silver: Ascending Channel
XAG/USD,
1 hour
SHORT
Dec 22
Silver: Bullish Flag
XAG/USD,
1 hour
LONG
Apr 10
As we can see a bullish flag has been diagnosed, the price breaks out now.
A bullish flag is believed to be a useful price pattern that can be used to identify the more likely potential of rising prices in case if price breaks out.
XAG/USD to continue the appreciation trend to 25.15.
Silver: Descending Channel
XAG/USD,
1 hour
LONG
Jan 29
XAG/USD forms a descending channel, XAG/USD needs a next bigger impulse up to confirm descending channel breakout.
Once price breaks through the resistance, the resulting move could signal a bullish price move.
XAG/USD hints a change to the upside towards 23.1.
Silver: Bearish Rectangle
XAG/USD,
4 hours
SHORT
Jan 17
A bearish rectangle is almost done, the price requires a move to confirm bearish rectangle breakout.
A bearish rectangle typically results in prices are likely to keep falling downward when price breaks out to the the downside.
There is a chance of a rangebound towards 22.6.
Silver: Falling Wedge
XAG/USD,
4 hours
LONG
Nov 6
There is a falling wedge revealed and silver wants a steady move as evidence of a breakout.
A falling wedge predicts a next move up when price breaks above resistance.
A bullish price action towards the 48.5 level is on the cards amid rising bets for the move.
Silver: Ascending Channel
XAG/USD,
1 hour
SHORT
Apr 14
There is an ascending channel emerging, the price is breaking out.
An ascending channel represents a signal that often predicts that the price to go down if price breaks through the support.
XAG/USD could drop to the 26 level on a breach of 26.08.
Silver: Ascending Channel
XAG/USD,
1 hour
SHORT
Jan 3
An ascending channel is uncovered.
When price breaks through the support, the resulting move could spot that the price to go short.
XAG/USD is at risk of resuming its decline to 23.8 on a breakdown of the ascending channel as the commodity becomes weaker.
Silver: Falling Wedge
XAG/USD,
1 hour
LONG
Oct 25
A falling wedge is very close to being finished, XAG/USD asks for a next move as a verification of a breakout.
A falling wedge is a reliable bullish indicator that is used to predict that the price to go up when price breaks out.
XAG/USD turns bullish towards the 23.1 zone.
Silver: Descending Channel
XAG/USD,
1 hour
LONG
Jan 5
We can see that a descending channel has been discovered and the price is ready to break out.
A descending channel identifies a bullish price signal that indicates that the price will rally further when price breaks out.
XAG/USD to continue the appreciation trend to the 23.3 level.
Silver: Ascending Channel
XAG/USD,
1 hour
SHORT
Apr 14
An ascending channel occurs and the price requires next pullback for the certainty of breakdown.
An ascending channel often spots a move down once price breaks out to the the downside.
A bearish price action towards 25.8 looks possible.
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Silver · XAG/USD