#xagusd - Tickmill Expert Blog - Forex Traders Blog

Silver testing major resistance, potential drop from here!

Silver (XAGUSD) is testing major resistance at 16.63 (Fibonacci retracement, horizontal overlap resistance, descending resistance) and a strong reaction could occur at this level to push price down...

Silver now testing strong support, watch for a potential bounce!

Silver is now testing major support at 16.63 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) and a strong bounce could occur at this level to push price up towards 16.96...

Silver is testing major resistance, watch for a potential reversal

Silver has been rising strong and is now testing major 50&percnt; resistance at 16.91 (Fibonacci retracement, Elliott wave structure, horizontal swing high resistance) and a strong reaction could...

Silver right on major resistance, watch for a potential reversal!

Silver is now testing major resistance at 16.56 (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance, Elliott wave corrective structure) and a strong reaction could occur at...

Silver testing major resistance, prepare for a potential reversal

Silver continues to test major resistance at 17.03 (Fibonacci retracement, breakout area) and a potential reversal could occur at this level. We can see that price has made a bearish exit of our long...

Silver testing major resistance, prepare for a potential reversal

Silver continues to test major resistance at 17.03 (Fibonacci retracement, breakout area) and a potential reversal could occur at this level. We can see that price has made a bearish exit of our long...

Silver testing major resistance, prepare for a potentially strong drop

Silver has broken our long term ascending support-turned-resistance line stretching all the way back to December 2017 and has made a pullback to this level. This is always a good sign that bears are...

Silver on pullback resistance, possible re-entry point

Silver has broken our long term ascending support-turned-resistance line stretching all the way back to December 2017 and has made a pullback to this level. This is always a good sign that bears are...

Silver has broken major support, prepare for a possible drop!

Silver has broken our long term ascending support-turned-resistance line stretching all the way back to December 2017. This has triggered a potential bearish drop from here below 17.03 (Fibonacci...