Languages

website utilities


Follow us:
+1 (646) 48 000 22 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Silver technical chart
Symbol XAGUSD

Download MT4 template file

Trade Setup

#XAGUSD
Total Profit: 1060 point
Closed trade(s): 268 point Profit
Open trade(s): 792 point Profit

Trade Setup:
We opened 15 BUY trade(s) @ 16.03 based on 'Valley' entry method at 2017.12.13.

Closed Profit:
TP1 @ 16.20 touched at 2017.12.19 with 17 point Profit.
TP2 @ 16.55 touched at 2017.12.26 with 52 point Profit.
TP3 @ 16.85 touched at 2017.12.28 with 82 point Profit.
TP4 @ 17.20 touched at 2018.01.03 with 117 point Profit.
17 + 52 + 82 + 117 = 268 point

Open Profit:
Profit for one trade is 16.75(current price) - 16.03(open price) = 72 point
11 trade(s) still open, therefore total profit for open trade(s) is 72 x 11 = 792 point

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

DateSun, 06/10/2018 - 19:55
Currentrange bound
Forecastbeginning of uptrend
Last weekBullish

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 15.60 would begin in Midterm.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 60.

Take Profits:

  1. 16.20
  2. 16.55
  3. 16.85
  4. 17.20
  5. 17.70
  6. 18.10
  7. 21.00
  8. 22.00
  9. 25.10
  10. 28.35
  11. 33.30
  12. 37.50
  13. 44.20
  14. 49.80
Click on the level to view price action history.

Symbol Released Current Forecast
Silver (XAGUSD) Sat, 18 May 2019
Silver (XAGUSD) Sat, 11 May 2019
Silver (XAGUSD) Sat, 4 May 2019
Silver (XAGUSD) Sat, 27 Apr 2019
Silver (XAGUSD) Sat, 20 Apr 2019