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SILVER DAILY XAGSHORTS $23.9 - $24.1 Confluences: 50 Fib, Key Level, $24 Round Number $24.4 - $24.5 Confluences: 61.8 Fib, KL, Added Confluence if 50 Fib fails/small reaction (under $0.50) LONGS $21.45 - $21.3 Confluences: 88 Fib + KL $20.8 *ONLY IF $21.45-$21.30 FAIL* Confluences: Recent Lows Most of the time I will use these Zones for added confluence on gold as opposed tot aking the trade, however, if there is a strong move into the zone, with market flows in play (stocks/fear/usd) I will take the trade.
ICMARKETS:XAGUSD
by Kensei_FX
SILVER 4H : Retest and then will rise up SILVER New forecast The price of silver ended last Friday's trading with strong negativity, settling below the 23.00 level and confirming the shift to decline, on its way to testing the 22.21 level initially, and we are likely to break this level to achieve additional negative targets up to 22.00 level and then will rise up again . Therefore, a bearish bias will be likely for today, supported by the negative pressure formed by the moving average 50, taking into account that breaching 23.00 will stop the expected decline and push the price to recover again. The expected trading range for today it will be between support 22.00 and resistance 23.00 . Additionally ,Today News will affect on the market . resistance line : 22.60 , 23.00 support line : 22.21 , 22.00 Attention : We don't have any group in telegram be careful about scammer. Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDLong
by Arazmajeed
3
"Silver's 44-Year Cup and Handle Formation"Silver: 44-Year Cup and Handle Formation Points to Bullish Continuation Silver, a timeless asset with a rich history, is capturing the attention of investors as it forms a 44-year cup and handle pattern, signaling potential bullish continuation. The current compression of the handle, coupled with a bullish pennant setup, suggests that a breakout could herald the onset of the next major bull cycle. Let's explore the dynamics of silver and the promising prospects it holds for investors. Understanding Silver's Cup and Handle Formation Silver's cup and handle formation is a classic technical pattern characterized by a rounded bottom (the cup) followed by a consolidation period (the handle). This pattern typically signifies a period of accumulation and sets the stage for a potential breakout to higher levels. With the cup spanning 44 years, the formation holds significant historical significance and suggests a prolonged period of bullish sentiment. Compression of the Handle and Bullish Pennant Setup Currently, silver's handle is undergoing compression, indicating a tightening range of price movement. This consolidation phase is often accompanied by diminishing trading volumes, reflecting indecision among market participants. Additionally, the formation of a bullish pennant within the handle further reinforces the bullish bias, as it typically precedes a continuation of the prevailing uptrend. Breakout Signal for the Next Major Bull Cycle A breakout from the handle's compression zone is anticipated to signal the beginning of the next major bull cycle for silver. This breakout would validate the cup and handle pattern, confirming the bullish continuation thesis and potentially unleashing a significant upward move in silver prices. Traders and investors alike are closely monitoring key resistance levels for signs of a decisive breakout, which could mark a pivotal moment for silver markets. Conclusion: Positioning for Bullish Momentum in Silver In conclusion, silver's 44-year cup and handle formation, coupled with the compression of the handle and bullish pennant setup, suggest that the precious metal is poised for bullish continuation. As traders await a breakout signal for the next major bull cycle, strategic positioning and prudent risk management are essential for capitalizing on the potential upside in silver markets. With the historical significance of the pattern and the technical indicators aligning, silver enthusiasts are eagerly anticipating the next chapter in its enduring journey as a sought-after asset.
TVC:SILVERLong
by UnknownUnicorn2319099
SILVER 4H : Support further rise upSILVER New forecast The price perfectly fulfills my last idea and price reached to our targets. The price of silver ended yesterday's trading with a noticeable positive note, confirming the breach of the 23.00 level, reinforcing expectations of the continuation of the upward trend during the coming sessions, and the way is open to achieving the next target at 23.50 and 23.73 levels . Therefore the upward scenario will be remain valid and effective during coming period , moving average 50 continues to support the proposed bullish wave, and the price may witness some sideways fluctuation, keeping in mind that breaking the 23.00 and then 22.60 levels will stop the expected rise and put pressure on the price to turn lower. The expected trading range for today it will be between support 22.60 and resistance 23.73 . Additionally ,Today News will affect on the market . resistance line : 23.50 , 23.73 support line : 22.60 , 22.21 Attention : We don't have any group in telegram be careful about scammer. Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDLong
by Arazmajeed
2
SILVER (XAGUSD) BUYING ON DIPS !!!! TILL 30$ HELLO TRADERS,,, As i can see this chart is performing a harmonic pattern H & S and a clear view that this pair still in range for a very big incoming move Israeli and GAZA Tensions are escalating more & more Day by Day investors and traders are looking for safe-haven Gold already break 2000 level and looking for making a new all time higher high silver has also performed well on monthly based it had gain 3% .. commodity prices are sky rocketing now we have a great opportunity to enter this trade with a very low risk and a higher reward its just an trade idea not a financial advice whats Ur thoughts on Silver kindly share with us Ur idea in comment box we appropriate Ur love and support it help alot whole traders community here .... Stay tuned for more updates
OANDA:XAGUSDLong
by APEX_TRADING_ACADMEY
2
#SILVER: A strong sell off expected! Dear Traders, OANDA:XAGUSD a strong sell off is expected on silver this week. Firstly because recently price have been overbought and there is going to be ' a strong bearish impulse' due to adjusting he market equilibrium. Secondly, the NFP and other strong news that can affect the silver future price significantly. We will have to keep close eye on the price action if price does not respect our zone then the idea will be automatically invalidated. we will update on this as we progress.
OANDA:XAGUSDShort
by Setupsfx_
6
SILVER 4H : Support to rise up SILVER New forecast The silver price traded declined significantly and reached the level of 23.50, so we are forced to remain neutral until it shows the clearest trend during the coming trades. Therefore the 23.50 - 23.35 levels is important fore Silver during coming period hence failure to stabilized under 23.35 it will support the price to rise up again and targeting 23.77 and 24.00 levels , taking into account that stabilized under 23.35 will put the price under sell pressure . The expected trading range for today is between support 23.35 and resistance 24.00 . resistance line : 23.77 , 24.00 support line : 23.50 , 23.35 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDLong
by Arazmajeed
2
SILVER 4H : Still support further decline SILVER New forecast The price perfectly fulfills my last idea and price reached to our targets . The price of silver declined and succeeded in achieving our second expected target at 22.23, and opened the day with a strong decline to break this level and confirm the continuation of the dominance of the downward trend, paving the way for heading towards our next target, which reaches 21.35 and stabilized under it will reach to 20.91 and to confirm the bearish trend should stable under 21.97 and then our target will be activate . Therefore, the downward trend scenario will remain effective for the coming period supported by moving average 50, noting that the breach of 22.23 will stop the expected decline and lead the price to begin recovery attempts in the intraday term. The expect range trading for today it will be between resistance line 22.23 and support line 21.35 until stabilized . resistance line : 22.23 , 22.50 support line : 21.97 , 22.35 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDShort
by Arazmajeed
6
SILVER 4H : Under 22.73 will be downtrend againSILVER New forecast The price of silver begins today's trading with negativity, trying to break the 22.73 level and settle below it. By breaking it, it will head towards a shift in the direction to the downside, and we expect the bearish tendency to continue to test the 22.50 and 22.23 areas mainly. Therefore, we expect to witness further decline in the coming sessions, but on the condition of holding below 22.73, keeping in mind that a stabilized above 22.73 again will reactivate the bullish wave targeting the 23.12 level initially. The expect range trading for today it will be between resistance line 23.12 and support line 22.50 until stabilized . resistance line : 23.12 , 23.35 support line : 22.74 , 22.50 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDShort
by Arazmajeed
6
SILVER 4H : Uptrend above 23.12SILVER New forecast The price of silver moved upward significantly in the las week , breaching the 23.12 level and stabilized above it, heading towards achieving expected gains during the coming sessions, on its way to mainly visiting the 23.35 and 23.49 level. Therefore the uptrend scenario will be remain valid and affective supported by moving average 50 supports the chances of achieving the expected rise, taking into account that breaking 23.12 and stability below it again will forced the price to formed the negative correction and will support the price to reach 22.73. The expect range trading for today it will be between resistance line 23.35 and support line 22.73 until stabilized . resistance line : 23.35 ,23.49 support line : 23.12 , 22.73 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDLong
by Arazmajeed
4
SILVER 4H : Under sell pressure SILVER New forecast The silver price found strong support formed at the breached resistance of the descending subsidiary channel, to test the pivotal resistance 23.12 now, and maintain its stability below it so far, which supports the chances of a downward bounce to resume the expected downward trend for the coming period, whose next main target is located at 22.73. Therefore, the downward trend scenario will be remain valid and affective and we continue to favor the downward trend in the immediate term, taking to account that breaching 23.12 will lead the price to achieve new gains so above 23.12 the price will try to retest before dropping. The expect range trading for today it will be between resistance line 23.35 and support line 22.23 until stabilized . Additionally ,Today News will affect the market . resistance line : 23.12 , 22.50 support line : 22.73 , 23.00 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDShort
by Arazmajeed
18
SILVER 4H : Under sell pressureSILVER New forecast The price of silver achieved a clear break of the 22.73 level and ended yesterday’s trading below it, turning lower and heading towards visiting the 22.50 level as a next negative target, with the need to be aware that breaking this level will put pressure on the price to incur additional losses of up to 22.23 in the near term. Therefore the downward scenario will be remain valid and affective supported by the 50 moving average supports the continuation of the expected decline for today, which will remain in place unless the price is able to penetrate the 22.73 level and stabilize above it again. The expect range trading for today it will be between resistance line 22.73 and support line 22.23until stabilized . Additionally ,Today News will affect the market . support line : 22.50 , 22.23 resistance line : 22.73 , 23.00 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDShort
by Arazmajeed
SILVER 4H : War will support further rise upSILVER New forecast The price perfectly fulfills my last idea and price reached to our targets . The silver price tested the 22.73 level and maintains its stability above it after rebounded from the support level and rise up ,se we expect the price will be continue at the bullish tendency waiting to correction the price to resume the upward wave that targeting to the 23.35 level initially, remembering that breaching this level will extend the upward wave to targeting 23.49. therefore the upward trend will be remain valid and effective supported by Moving average 50 that is continues to support the suggested bullish wave, taking to account that stability under 22.73 will put the price under negative correction until 22.50 and then will be continue at the main bullish trend. also if price opened under 22.98 the price will try to start a correction . The expect range trading for today it will be between resistance line 23.35 and support line 22.73until stabilized . Additionally ,News will affect on the market . support line : 22.73, 22.50 resistance line : 23.35 , 23.50 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDLong
by Arazmajeed
8
SILVER 4H : 22.79 Is important for today SILVER New forecast The silver price tested the 22.79 level and maintains its stability above it, noting that the technical indicators continue to get rid of the negative momentum, waiting to stimulate the price to resume the upward wave that aims to test the 23.35 level initially, remembering that breaching this level will extend the upward wave to reach 23.49. Moving average 50 continues to support the suggested bullish wave, which will remain in place provided it remains above the 22.79 level. The expect range trading for today it will be between resistance line 23.35 and support line 22.79 until stabilized . Additionally ,Today News will affect the market . support line : 22.79 , 22.50 resistance line : 23.35 , 23.50 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSD
by Arazmajeed
SILVER 4H : After correction trying to rise upSILVER New forecast The price perfectly fulfills my last idea . The price of silver fluctuates with slight negativity to approach the pivotal support 22.23, and it rebounds from it and will settle above the resistance 22.50, waiting to stimulate the price to resume the expected upward trend for the coming period, whose next target is at 22.88 and 23.35. Therefore, the positive scenario will remain in place, supported by the moving average 50, keeping in mind that breaking 22.23 will nullify the positive combination that supports the proposed upward trend and put pressure on the price to decline again. The expect range trading for today it will be between resistance line 22.88 and support line 22.23 until stabilized Additionally ,Today News will affect the market . support line : 22.50 , 22.23 resistance line : 22.88 , 23.35 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDLong
by Arazmajeed
4