website utilities


Follow us:
+1 64 64 8000 31 (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: 1140 pip
Closed trade(s): 200 pip Profit
Open trade(s): 940 pip Profit

Trade Setup:
We opened 13 BUY trade(s) @ 14.60 based on 'Trough (Valley) & Close above 14.45' entry method at 2018.09.28.

Closed Profit:
TP1 @ 14.95 touched at 2018.12.26 with 35 pip Profit.
TP2 @ 15.25 touched at 2018.12.27 with 65 pip Profit.
TP3 @ 15.60 touched at 2019.01.02 with 100 pip Profit.
35 + 65 + 100 = 200 pip

Open Profit:
Profit for one trade is 15.54(current price) - 14.60(open price) = 94 pip
10 trade(s) still open, therefore total profit for open trade(s) is 94 x 10 = 940 pip

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.
  • If the Midterm level 15.250 is broken, we will close open trades.

DateJanuary 12, 2019 - 16:19
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 15.250 is a major support, while this level is not broken, the Midterm wave will be uptrend.
  • We will close our open trades, if the Midterm level 15.250 is broken.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A peak is formed in daily chart at 15.87 on 01/04/2019, so more losses minimum to Major Support (15.25) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 67.

Take Profits:

  1. 14.95
  2. 15.25
  3. 15.60
  4. 16.20
  5. 16.85
  6. 17.20
  7. 18.10
  8. 21.00
  9. 25.10
  10. 35.35
  11. 44.20
  12. 49.80
Click on the level to view price action history.

Symbol Released Current Forecast
Silver (XAGUSD) new free Sat, 16 Mar 2024
Silver (XAGUSD) free Sat, 9 Mar 2024
Silver (XAGUSD) Tue, 5 Mar 2024
Silver (XAGUSD) free Sat, 2 Mar 2024
Silver (XAGUSD) Sat, 24 Feb 2024