Elliott Wave View: Silver (XAGUSD) Correction May Extend

by elliottwave-forecast.com | October 29, 2020 3:21 pm
Short term Elliott Wave View in Silver (XAGUSD) suggests that cycle from August 7 peak is unfolding as a triple three Elliott Wave structure. In the 60 minutes chart below, the metal ended wave ((X)) ((X)) at...

AUG (Gold/Silver Ratio) Showing A Five Waves From 03.18.2020

by elliottwave-forecast.com | October 1, 2020 4:29 pm
AUG( Gold/Silver Ratio), Showing A Five Waves From 03.18.2020. The Ratio between Gold/Silver ( AUG) is a very good indicator of where the market is heading and especially the $USDX trade. The Ratio reached the extreme blue...

Elliott Wave View: Support Area for Silver

by elliottwave-forecast.com | September 23, 2020 2:54 pm
Elliott Wave View of Silver (XAG) suggests the cycle from September 1 high has ended as wave (1) at 25.82 low. From there, the metal bounce higher in wave (2). The correction unfolded as zigzag Elliott Wave Structure....

Silver ( $XAGUSD ) Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | August 5, 2020 4:27 pm
Hello fellow traders.  Another instrument that we have been trading lately is SILVER ( $XAGUSD )  . In this technical blog we’re going to take a quick look at the Elliott Wave charts of SILVER, published in...

Elliott Wave View: Silver Has Room for More Upside

by elliottwave-forecast.com | July 22, 2020 4:15 pm
Silver 1 hour chart below shows that the metal has ended pullback from July 13 high as wave ((ii)) at 18.85 low. From there, the metal has continued to extend higher. The rally has also broken above...

Forecasting The Rally in Silver (XAGUSD)

by elliottwave-forecast.com | July 21, 2020 4:00 pm
In this blog, we are going to take a look at the Elliott Wave chart of Silver (XAGUSD).  The 45 minutes London chart update from July 17 shows that the metal has ended cycle from July 2...

Silver (XAGUSD): Getting Ready For A Huge Rally.

by elliottwave-forecast.com | April 14, 2020 4:38 pm
Every trader around the World relates trading XAGUSD with XAUUSD. Most of the time, they trade in what we call direct correlation, which means they agree in both swings and overall direction. Since 2015 something very interesting...

Elliott Wave View: Silver Has Scope for More Downside

by elliottwave-forecast.com | January 30, 2020 5:24 pm
Elliott wave view in Silver (ticker: XAGUSD) suggests that the sequence from January 8, 2020 high remains incomplete. As such, the metal still has scope to see more downside to reach the 100 – 123.6% Fibonacci extension...

Gold-to-Silver Ratio Near Turning

by elliottwave-forecast.com | June 20, 2017 12:59 pm
Gold-to-Silver Ratio Daily Chart Gold-to-Silver ratio is correcting cycle from 2/29/2016 peak (83.68) in 7 swing. While the bounces fail below 83.68 high, the ratio should resume lower or at least pullback in 3 waves. Down from...