SILVER ( TRADING ABOVE DEMAND ZONE ) ( 4H )XAGUSD
HELLO TRADERS
Tendency , the price is under bullish pressure , until trading above turning level .
TURNING LEVEL : the price of turning level around , 28,68 , so if the price breaking this level reach a first support level , as long as silver price trading above this level reach a first resistance level .
RESISTANCE LEVEL (1) : this level around 29,66 , for reach this resistance the price it will stabilizing turning level or corrective this level .
RESISTANCE LEVEL (2) : around 30,48 , for reach this level it will be breaking by open 4h candle above resistance level (1)
SUPPORT LEVEL (1) : this level around 28,01 , for reach this support level the price need breaking a turning level .
SUPPORT LEVEL (2) : support level at 27.12 , for reach this level the price will be breaking by open 1h or 4h candle below support level (1) .
CORRECTIVE : the price may be corrective turning level at 28,68 , before rising .
TARGET LEVEL :
RESISTANCE LEVEL :29,66 , 30,48 .
SUPPORT LEVEL : 28,01 , 27.12 .
Silverusd
XAGUSD / SILVER Bearish Heist Plan To Steal the SilverMy Dear Robbers / Traders,
This is our master plan to Heist Silver Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
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SILVER ( TRADING ABOVE TURNING LEVEL ) ( 4H )XAGUSD
HELLO TRADERS
Tendency , the price is under bullish pressure until trade above turning level
TURNING LEVEL : the price of turning level around 30.817 , indicates the price trade above this level reach a resistance level , but if breaking this level reach a support level .
RESISTANCE LEVEL : around 31.454 , for reach this level will be stabilizing above turning level
SUPPORT LEVEL : support level at 30.138 , for reach this level will be breaking and stabilizing below turning level
PRICE MOVEMENT : currently price at 30.907 , as long as the price stabilizing above this level reach a resistance level at 31.454 , then breaking this level reach 32.128 , but if the breaking turning level and stabilizing below this level reach a support level at 30.138 , then breaking this by open 4h or 1h candle reach a 29.711
TARGET LEVEL
RESISTANCE LEVEL : 31.454 ,32.128 .
SUPPORT LEVEL ; 30.138 , 29.711.
XAGUSD ( UNDER UPWARD PRESSURE ) ( 4H )XAGUSD
HELLO TRADERS
Tendency the price trade above turning level at 30.73 , indicates is under bullish pressure
TURNING LEVEL : a black line between resistance and support level around 30.73 , indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level
RESISTANCE LEVEL : there is a black line above turning level around 31.48 , indicates selling have already increase this level , so if the price trade above turning level reach this level
SUPPORT LEVEL : there is a black line below turning level around 30.11, indicates buying have already increase this level , so if the price breaking turning level reach this level
PRICE MOVEMENT : first the price will trying to dropping a turning level around 30.73, after rising to the resistance level around 31.48 , then stable above this level reach 32.01 , if the price breaking turning level reach a support level at 30.11 , then stable by open 4h candle above this level reach a 29.50
TARGET LEVEL :
RESISTANCE LEVEL : 31.48 , 32.01
SUPPORT LEVEL : 30.11 , 29.50
XAGUSD SILVER Robbery Plan To Loot MoneyMy Dear Robbers / Traders,
This is our master plan to Heist XAGUSD Silver market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Stop Loss : Recent Swing Low using 3h timeframe
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
Unveiling the Reasons Behind Last Month's Silver Price Surge Silver, the lustrous metal often overshadowed by its golden counterpart, experienced a remarkable price surge last month. While gold continues to hold a certain allure, it's silver that's been making headlines. Let's delve deeper into the factors that propelled silver to the forefront of the precious metals market.
A Tale of Two Forces: Supply and Demand
The price of any commodity is a delicate balance between supply and demand. In the case of silver, both sides of the equation have played a role in the recent price hike.
On the Demand Side: A Silver Lining
• Industrial Applications Take Center Stage: Silver's industrial applications have been steadily growing, particularly in the green energy sector. Solar panels are a prime example, as silver is a crucial component in their conductive layers. As the world transitions towards renewable energy sources, the demand for silver is expected to rise proportionally.
• A Reliable Ally in Electronics: Beyond solar, silver is a vital element in a vast array of electronic devices. From smartphones and laptops to medical equipment, its conductive properties make it irreplaceable. The ever-increasing reliance on technology further fuels the demand for silver.
• Investment Haven: Investors often turn to precious metals like silver as a hedge against inflation. When traditional currencies lose purchasing power, silver's perceived value can rise, attracting investors seeking a safe haven for their assets.
Supply Under Pressure:
• Mining Challenges: Silver is often mined as a byproduct of other metals, primarily lead and zinc. Fluctuations in the production of these base metals can indirectly impact silver supply. Additionally, stricter environmental regulations can make silver mining more complex and expensive.
• Geopolitical Uncertainty: Global political instability can disrupt supply chains, impacting the flow of silver from major mining regions. This uncertainty adds another layer of complexity to the silver market.
The Perfect Storm: When Demand Outpaces Supply
The confluence of these factors – rising demand from various sectors and potential constraints on supply – has created a situation where demand is outpacing supply. This imbalance is a key driver behind the recent surge in silver prices.
China's Silver Appetite: A Force to Be Reckoned With
China deserves a special mention in the silver story. The world's second-largest economy is a major consumer of silver, with its demand playing a significant role in influencing global prices. China's booming industrial sector and growing investment in renewable energy further amplify its impact on the silver market.
Looking Ahead: A Silver Future?
The future of silver prices remains uncertain. Several factors, including global economic conditions, technological advancements, and geopolitical developments, will influence its trajectory. However, the current trends suggest that silver's industrial importance and potential as an inflation hedge will continue to drive demand.
Beyond the Bling: Silver's True Value
While silver's shiny exterior has always held aesthetic appeal, its true value lies in its versatility. From adorning our bodies to powering our technological advancements, silver is an essential element in the modern world. The recent price surge highlights the growing recognition of this multifaceted metal. Whether silver maintains its upward climb or experiences a correction, its role in the global market is undeniable. So, the next time you see a piece of silver jewelry, remember – it's not just about aesthetics; it's a testament to the vital role this metal plays in our world.
Short-term correction for silver
After strongly breaking the 2020 highs with a large green candle and some growth in volume, the asset is on a steeply sloping trend line that has found rejection in the $32-$31 zone.
This can be seen in the last three red candles, with a shooting star type candle in the middle.
If we zoom in and look at the chart on a daily timeframe, we will see how a double top pattern is being executed.
We can also observe divergences in the Stoch RSI and RSI, both in oversold territory.
A return to the resistance zone of the previous highs can be expected, now probably converted into new support. If you already have a position open, the correct thing to do would be to hold and otherwise open longs when the current correction has finished developing.
SILVER XAGUSD Bearish Side Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist Silver Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: Day traders & Scalpers If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Silver at the top of a channel?Silver has been trading traditional fib longs and and extensions in this big bull runup. However, we are very overextended, trading well in excess of big support over the past two days. We are also at a potential top in terms of it trend channel. The risk of a decline in silver is significant, and unlike gold which gives you a clue on the fifteen minutes charts, silver could simply start falling and keep going. Given the lack of bull fib support, I think this is a good spot to take profit and enter a small short position. There is a good chance that we begin the down leg of silver here.
XAGUSD. Weekly trading levels 13 - 17.05.2024We continue the experiment with a wider range of zones. Let's see if we can guess the places to search for deals for the week ahead.
During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.
Levels are valid for a week, the date is in the title. The next morning I adjust the levels based on the new data and publish a new post.
The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)
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Levels are drawn based on volumes and data from CME. Used as areas of interest for trade. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to enter into a continuation of the movement. Until the price has drawn a reversal pattern.
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SILVER XAGUSD Bullish Robbery PlanMy Dear Silver Robbers / Traders,
This is our master plan to Heist Bullish side of SILVER MARKET based on Thief Trading style Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic resistance level, Once it is cleared we can continue our heist plan to next target.
support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Up to 207% gains in SilverSilver has given a strong impulsive break out from the long term trendline resistance after long accumulation phase.
Big volume candles since July 2023 confirm healthy accumulation by strong hands.
Currently price is in Primary Wave 3 which can end somewhere near 66 level. A potential gain of 135% by end of this year.
Wave 5 target is around 87-88 levels which can be achieved by the end of 2026. Around 207% gains from CMP within 3 years.
Do your own due diligence before taking any action.
Peace!!
Silver MonthlyTarget for the next several months is ~20 usd
The sooner we hit it, the sooner we can start another bullish leg.
Short Term Targets are bullish ~23 usd
Anything can happen in this market, as JPM, Deutsche, USB, HSBC have all been fined for spoofing or manipulating the silver market in the past 3-4 years.
Silver 2 Year Wedge Breakout Looming?Silver is at a critical point in it's chart. With gold breaking to new highs, Silver has underperformed but has rallied alongside the yellow metal. Now we are at a critical stage that can see silver breakout of its flag and continue it's bull trend. The indicator that I love to look for longer-duration breakouts is the slow stochastics, specifically, when it becomes embedded or stuck on one side or the other side at the extremes. The last embedded nature for Silver on the daily chart occurred a year ago, late March 2023, that saw price on silver rise from 19.90 to 26.50. For three weeks, slow stochastic was embedded. We are at that point again with this rally. We are also at resistance from the wedge pattern. While I do think we can trade down in the early part of this week, I'm looking for support and a rally to kick us back into the overbought range and embed or "lock-in" price action. Gold has already embedded. I'm looking for silver to do the same and get us through the topside for a breakout.
"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.