#SILVER is currently moving in a correction phase and has reached the Fib retracement zone between 0.382 – 0.5, which historically acts as a strong buying area for long-term investors.
At this zone, no major bearish signs are visible, and the structure suggests a possible formation of a bullish AB=CD pattern.
Trading Plan:
Wait for a clear breakout above the 0.5 level and resistance zone around 49.765.
On the break and retest, we’ll look for long entries with proper risk management.
Key Takeaways:
Correction phase nearing completion
Possible AB=CD bullish pattern
Watching for breakout confirmation before entry
Stay patient — the next bullish leg could start soon if confirmation aligns.
What’s your view on #SILVER? Do you think this zone will hold or break deeper? Drop your analysis below!
#SILVER #XAGUSD #TradingView #Fibonacci #ABCDPattern #TechnicalAnalysis #BuyTheDip #Commodities
At this zone, no major bearish signs are visible, and the structure suggests a possible formation of a bullish AB=CD pattern.
Trading Plan:
Wait for a clear breakout above the 0.5 level and resistance zone around 49.765.
On the break and retest, we’ll look for long entries with proper risk management.
Key Takeaways:
Correction phase nearing completion
Possible AB=CD bullish pattern
Watching for breakout confirmation before entry
Stay patient — the next bullish leg could start soon if confirmation aligns.
What’s your view on #SILVER? Do you think this zone will hold or break deeper? Drop your analysis below!
#SILVER #XAGUSD #TradingView #Fibonacci #ABCDPattern #TechnicalAnalysis #BuyTheDip #Commodities
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
