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XAG USD ( Silver / US Dollar)

Silver target hit precisely after inverse head & shoulders breakJust posting this update on the silver chart to exemplify how TA often does work with exact precision. As soon as the inverse head and shoulders on silver validated its breakout the price action climbed to the exact price target before its current correction. We can see how the wick on this particular chart even hit the top of the measured move line at exactly the time it hit its target. Always a cool thing when that occurs. *not financial advice*
OANDA:XAGUSD
by DrDovetail
Silver correcting after 1st target hit; bigger invh&s trgt = $34The top of the highest wick on silver is actually the exact measured move target of the previous inverse head and shoulders silver recently hit precisely. On the journey as it retested that ones neckline it formed this anger more horizontal inverse head and shoulder neckline and has since also broken above it with a measured move target much higher at around $34. I am currently watching for the dotted purple measured move line or the horizontal neckline to get retested here and hopefully one or the other wil maintain support…price could easily also dip back below the neckline a few times before the real breakout like it did with the previous inv h&s neckline. I will link the previous invh&s chart down below for you to compare. *not financial advice*
OANDA:XAGUSD
by DrDovetail
SILVER Trading Opportunity! BUY! My dear followers, This is my opinion on the SILVER next move: The asset is approaching an important pivot point 27.222 Bias - Bullish Safe Stop Loss -26.487 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 28.310 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
OANDA:XAGUSDLong
by AnabelSignals
1
XAGUSD set up for long entry XAGUSD on the 120-minute chart is at the top of the high volume area on the profile. This is a relative volume void above and a high volume area breakout is possible or even likely. The TTM squeeze indicator has just triggered. The Price Momentum and Relative Trend indicators appear bullish. I assert that spot silver is bullish right now and mining stocks especially junior miners may be ready to take long positions as well. My immediate target for spot silver is 25.75, the recent high pivot in March and then 25.95 the high pivot of December, and then 26.5, the highs of Spring 2022. Played in a leveraged forex setting, the profit potentials are significant.
OANDA:XAGUSDLong
by AwesomeAvani
FSM a silver junior miner poised to profit on silver's momentum FSM is on a 30-minute chart. The trade idea is that FMS suffers in drops in spot sliver but thrives when spot silver rises as its fixed expenses in mining allow for increases in margin in a curvilinear fashion when spot silver rises. This is more so than a senior miner such as FCX that moves slower when metal prices rise or fall. I see the quick geopolitical dip in spot silver as an opportunity to pick up junior miners ( including GDXJ the ETF) at a discounted price to be held for spot silver recovery and then averaged out for realization of profits.
NYSE:FSMLong
by AwesomeAvani
2
Strifor || SILVER-25/04/2024Preferred direction: BUY Comment: Let's refresh our previous silver trading idea. Here, as before, we expect more strengthening of the buyer, however, it must be said that the situation is quite uncertain, and it would be better to even take a closer look at the same major currency pairs, the situation there is more interesting. Scenario №1 is already in progress, and the pressure at 27.50 indicates a likely breakout upward towards the target at 28.50 . We don’t forget scenario №2 and keep it as plan B. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
OANDA:XAGUSDLong
by Strifor
1
Strifor || AUDUSD-25/04/2024Preferred direction: BUY Comment: The previous trading idea for the Australian dollar was successfully closed with a profit. At the moment, the US dollar continues its downward correction on almost all fronts. We expect further growth for this pair, but of course it will be more limited than before. In our decisions, we are tied to the support level of 0.65010 . Scenario №1 assumes an increase from current prices towards the local resistance level of 0.65474 , and scenario №2 - after a test of the level of 0.65010 , the goal is the same as in scenario №1 . Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Strifor
3
Strifor || SILVER-23/04/2024Preferred direction: BUY Comment: Metals , on the contrary, show a negative trend at the beginning of the week, but within the framework of long-term movement, this is just a normal correction. Long trades of both gold and silver are considered. For silver , the price approached important support at the level of 26.50 , from where last time we recorded a maximum at the level of 29.78. A more likely scenario involves growth from this support with a target at the level of 28.50 ( scenario №1 ). Scenario №2 assumes growth after a small false movement towards the support area of 25.50 . Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
OANDA:XAGUSDLong
by Strifor
1
Strifor || GOLD-Week StartingPreferred direction: BUY Comment: Gold has been saving a long mood since last week. Despite the short-term fall at the beginning of the new trading week, growth is still expected towards the current historical highs at the level of 2430 . Scenario №1 , which we gave in our previous trading idea for gold, is already active. The maximum from current prices is expected to grow towards the level of 2430 . Most likely, a new maximum will be recorded, so growth to 2500 can be considered. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
OANDA:XAUUSDLong
by Strifor
3
Strifor || EURUSD-Week StartingPreferred direction: BUY Comment: Since last week, we continue to follow to the buy-priority for the euro . Last week passed mainly within the balance of 1.06000 - 1.07000 . For the coming week, we highlight two scenarios, where the most likely scenario №1 says about an increase from current prices. Scenario №2 is quite aggressive on the part of the seller, but it is not excluded since the US dollar may still strengthen at the moment, and strengthen significantly. We consider the growth target at the level of 1.07225 . Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Strifor
1
Waiting for the 5th wave! or deeper correction for wave 2?Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules. As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy. I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision. For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea. My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace. I express my gratitude for your continued support and kindness, and welcome your comments and critiques. May my analysis be a valuable asset to your business journey, and I remain sincerely yours, Mr. Nobody
BLACKBULL:XAGUSDLong
by mehdi47abbasi79
Rising into 50% Fibonacci retracement resistance?XAG/USD is rising towards a resistance level which has been identified as a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 27.861 Why we like it: There is a pullback resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 28.872 Why we like it: There is a pullback resistance level Take profit: 26.399 Why we like it: There is a pullback support level which aligns with the 61.8% 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.
VANTAGE:XAGUSDShort
by VantageMarkets
Silver (XAGUSD): Surge Beyond $28 or Pullback?The entire precious metals sector, including Silver, is currently of great interest, not just gold. For silver, we currently assume that we are probably nearing the end of Wave (iii), which can reach a maximum of 28.51 dollars. We are currently within our target zone for the Wave 5s, so it will likely be challenging to break through and invalidate the 461.8% extension level. If that were to happen, we would need to make adjustments. Otherwise, we believe we might see another drop to between 38.2% and 61.8%, i.e., between 25.75 dollars and 24.30 dollars. We will not place a limit order just yet. We first want to see some sell-off in this market before placing a limit order, to avoid having to adjust it frequently if it gets invalidated. So, wait until we send out the limit order.
OANDA:XAGUSDLong
by freeguy_by_wmc
Dive into the world of options with our latest Silver analysis!In the next two options, with expiration dates on May 28 and June 25, bullish sentiment appeared on silver. Starting on April 19, the participant collected bullish spreads with construction sites 31/31.5 and 32.5/35 in his portfolio. Based on the delta values of these strikes, these spreads can be classified as aggressive. The following is noteworthy: The position set has a systemic character, even in a negative scenario. But We cannot claim that the participant holds these portfolios without hedging. Further monitoring of the outflow/inflow of open interest will give a hint about the participant's actions and a sentiment for further price movement.
COMEX:SIN2024Long
by ClashChartsTeam
SILVER A Fall Expected! SELL! My dear subscribers, This is my opinion on the SILVER next move: The instrument tests an important psychological level 28.573 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 27.228 My Stop Loss - 29.350 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
OANDA:XAGUSDShort
by AnabelSignals
1