XAG USD ( Silver / US Dollar)
XAGUSD: DT Curve Analysis (5D)(Intermediate Curve Analysis)
SLO2 @ 31.77 📉
SLO1 @ 31.28 📉
TP1 @ 27.43 💰
TP2 @ 25.03
TP3 @ 23.27
TP4 @ 20.55
ADDITIONAL INFO:
✍️ TP1 @ 27.43, can now be used as a Sell Stop Order
📉 Silver has fallen for the third week in a row due to a poor industrial outlook and ongoing demand concerns in China.
📉 Markets have priced in silver demand from renewable energy sources, prompting investors to exit long silver positions.
📉 A key political meeting in Beijing failed to produce new stimulus measures.
NOTE:
China's central bank unexpectedly cut lending rates, and the US economy expanded faster than expected in the second quarter, with strong gains in consumer spending and business investment.
🔑
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
💰 PROFIT SHAVED
⏳ PENDING
📉 SELL ORDER TRIGGERED
XAGUSD Buy this dead-cat bounce.Silver (XAGUSD) remains within the 2-year Channel Up pattern we mentioned on our Aptil 17 analysis (see chart below) that hit our 32.000 Target:
The price is on a 3-week correction, which is technically natural within this pattern. The symmetry with the previous Bearish Leg of the Channel Up suggests that since the price has hit the 0.382 Fibonacci level from the top, it might rebound like the July 17 2023 High pricing on the 0.786 Fib (blue).
As a result, as long as the 1W MA50 (blue trend-line) stays intact, we now turn bullish for the medium-term, targeting 31.000 (just below the 0.786 Fib).
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Does silver correct?
Hello my dears
We are at your service with silver analysis. In the drawn diagram, we considered 3 goals that there is a possibility of seeing these goals in the future.
There are 9 black dotted lines that are placed as resistance in the way of candles. We want to check the reaction of silver price when reaching these diagonal resistance levels.
If you like my analysis, support me with likes and comments. thank you
Bullish reversal?The Silver (XAG/USD) is falling towards the pivot which acts as a pullback support and could bounce to the overlap resistance.
Pivot: 28.67
1st Support: 28.18
1st Resistance: 29.31
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SILVER Set To Grow! BUY!
My dear friends,
Please, find my technical outlook for SILVER below:
The price is coiling around a solid key level - 29.283
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 29.853
Safe Stop Loss - 28.945
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
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 .
SILVER: Bullish Continuation & Long Trade
SILVER
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long SILVER
Entry Point - 29.050
Stop Loss - 28.410
Take Profit - 30.224
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
XAG/USD Outlook ICT ConceptsSilver Analysis (XAG/USD)
💡Previous Analysis Review:
In the previous analysis, we expected the price to have a retracement higher and then continue lower to the previous month low. However, the price ran through the previous month low without the expected retracement and is now playing above it.
📍Current Market Overview:
Currently, the price is around 29.0100. The previous week low has already been swept, and the bias is bullish due to this sweep and also because some low resistance liquidity levels have been taken.
🔍 Identifying Key Levels:
The chart highlights several significant levels and zones influencing the current market behavior:
PML: Previous Month Low
PWH: Previous Week High
BSL: Buy-Side Liquidity
SSL: Sell-Side Liquidity
📊 Key Considerations:
Current Price Position: The price is trading around 29.0100, above the previous month low.
Previous Week Low: The previous week low has already been swept, indicating a potential bullish bias.
Low Resistance SSL Levels: These levels below the current price have been taken, contributing to the bullish bias.
📈 Bullish Scenario:
Given the current price action and key considerations, a bullish scenario is possible if the following conditions are met:
Sweep PML: The best scenario for long positions would be a sweep of the previous month low.
Continuation Higher: After sweeping the PML and taking out low resistance SSL levels, we can expect the price to continue higher.
📉 Bearish Scenario:
A bearish scenario should be considered if the following conditions are met:
Key BSL Levels Taken: For any short positions, we need the key buy-side liquidity levels to be taken first.
Create Low Resistance BSL: Alternatively, if we create low resistance BSL levels in the lower time frame, a sweep of those could give us a short position towards the previous month low.
📊 Chart Analysis Summary:
Bullish Expectation: The expectation is for the price to potentially sweep the previous month low (PML) and then continue higher.
Bearish Expectation: For a bearish scenario, we need the key buy-side liquidity (BSL) levels to be taken out first, or the creation and sweep of low resistance BSL levels in the lower time frame.
Understanding these key levels and the current market behavior helps in making informed trading decisions.
Silver Is Under PressureSilver has hit a support level and might even try to rebound a bit, but considering all the factors, like the recent COT report and retail traders activity, there's no way it's going to have any serious growth.
Plus, that 25-strike put that had a lot of trading in the options market is still out there and it also suggests that it could keep getting weaker.
Silver H4 | Potential bullish breakoutSilver (XAG/USD) is rising towards a potential breakout level and could climb higher from here.
Buy entry is at 29.28 which is a potential breakout level.
Stop loss is at 28.75 which is a level that lies underneath a pullback support.
Take profit is at 30.13 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level.
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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.
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.
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Could Silver bounce from here?The price is falling towards the support level which is a pullback support and could potentially bounce from this level to our take profit.
Entry: 28.66
Why we like it:
There is a pullback support level.
Stop loss: 28.01
Why we like it:
There is a pullback support level.
Take profit: 29.76
Why we like it:
There is a pullback resistance level which lines up with the 38.2% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
SILVER: Bullish Continuation & Long Signal
SILVER
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy SILVER
Entry - 29.222
Stop - 28.695
Take - 30.155
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
SILVER Will Grow! Buy!
Hello,Traders!
SILVER went down
Sharply and the price
Has almost reached a
Horizontal support level
Of 28.60$ and as silver
Is locally oversold I think
That we will see a
Local bullish rebound
From the support
Buy!
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