Silver- ready to shine?Current bar looks prominent, rising above all EMAs, rally may start once silver crosses 32.9, lets wait and watch!
XAGUSDG trade ideas
TO ALL LAZY INVESTORS LIKE ME OUT THEREHI BROTHERS AND SISTERS
As you may noticed before, I generally refuse to publish my short-term ideas. because i prefer to be useful for average, unprofessional people to help them live better.
I believe that right now there is an opportunity to earn easy money in silver. if you buy silver around 31$ there is a chance to sell it around 40$ per ounce.
does it fly further? who knows? everything depends on breaking or not breaking the ATH
BEST WISHES
1-hr Silver: Breaking Above A Critical Level Might Boost Silver Since Friday, Silver has corrected by $0.60, and the 1-hour charts show a Death Cross—a traditional sell signal. However, recent price action suggests strong upward momentum, as buyers increasingly enter on dips. This bullish view is reinforced by Silver breaking above the critical 61.8% Fibonacci retracement level. This move suggests the swing may not be a mere correction of the previous drop but rather a continuation of the broader uptrend. Additionally, Gold is also trending higher, and its strong historical correlation with Silver supports this outlook. We anticipate Silver could retest $31.40 in the short term. If it breaks above this resistance, the price may climb further, potentially reaching $33.00 by the week’s end.
Bullish on Gold and Silver
Do you remember the previous post? 😉
Gold and silver moved as we expected. They showed some weakness in reaching the "Nice areas..." I highlighted this in the previous chart.
So what's next?
As I think we will see another rate cut from the US Fed I think that would be a decent driver for Gold and Silver to get a bit more stronger and don't go lower than the "Nice areas" that I highlighted.
For Silver, I see a very good potential for a move higher towards $36 (I hope before February) and for Gold, I think we can expect a bit more strength from buyers to push Gold to $3000 this year on a slow and steady pace.
Stay tuned for the next updates . . .
$silvertook liquidity below 200 ema
Dixie poke above its trend line
daily closed above the 200 which is awesome now just wanna see the blue line above reclaimed for us to have a crack at $35-37
depending on where we open you could short this bubba with invalidation above blue line
as for me holding for the eventual chad candle
Silver’s Deep Retrace: Long Setup with Bullish Potential I’ve entered a long trade on Silver (XAG/USD) after observing a deep retrace to the 0.7 Fibonacci level on the daily timeframe. The entry at $28.96 is positioned strategically based on historical support and the current technical setup.
The stop loss is set at $26.54 to mitigate risk, while the take profit target is $36.00, aligning with a potential bullish continuation. In the bearish scenario, a break below $27.50 will prompt a reassessment and tighter risk management. Conversely, on the bullish side, breaking above $32.50 will strengthen the case for holding towards the TP.
Silver’s price action showcases its potential for a significant bounce back, supported by current geopolitical and macroeconomic conditions.
Fundamentals:
1. Federal Reserve’s Hawkish Stance:
The Fed’s updated projections for rate cuts in 2025 have pressured silver prices, as a stronger dollar and rising Treasury yields (above 4.5%) diminish the appeal of non-yielding assets. However, easing inflation in the long term could rejuvenate demand for precious metals.
2. Geopolitical Tensions:
Although silver traditionally benefits from uncertainty, recent macroeconomic headwinds, such as concerns about tariffs under the new Trump administration and sluggish global economic recovery, have overshadowed its safe-haven status.
3. Industrial Outlook:
Challenges in the industrial demand for silver, particularly from China’s solar panel production slowdown, add pressure. However, as inflation stabilizes and geopolitical risks unfold, silver could regain its industrial and safe-haven allure.
Technicals:
• Entry: $28.96
• Stop Loss: $26.54
• Take Profit: $36.00
• Key Levels:
• Bearish Scenario: Manage position below $27.50.
• Bullish Case: Strength above $32.50 confirms upward momentum.
This setup leverages a confluence of technical retracement, macroeconomic factors, and the potential for a trend reversal. Stay sharp and pay yourself as the market unfolds.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
XAGUSD SELL PROJECTION XAGUSD (silver 🥈) moves just like gold but we can see price in a downtrend, and we expect price to return to that zone and it did , so we go short. Really not good with this explanation things that's why I made my chart self- explanatory
Unveiling the Path: Silver's JourneyHello Traders
In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET
today XAGUSD analysis 👆
🟢This Chart includes_ (XAGUSD market update)
🟢What is The Next Opportunity on XAGUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Reversal Entry from Key FVG and Fibonacci ConfluenceThis looks like a good zone to enter from for the larger timeframe trend.
The price is currently in a strong zone for multiple reasons, with the FVG aligning well with key Fibonacci levels.
Additionally, the $30 price level appears to be a strong support zone to build from.
SILVER IDEA : SHORT | SELL (WB: 23/12/24)Guys! End of the year - last bit of chart worklkkk until mid Jannnnnyyyyy!
Anyway! This. Is. A simple continuation trade. Silver MIGHT drop from this point but it is still in discount I’d seek for buys until price reaches premium and continues the trend… good luck trading next week!
This one will be interesting as I don’t like continuous trades.. nevertheless, we shall see
RR: 2.84
XAGUSD Downtrend structure on 4HTFThe market has confirmed a downtrend market structure on the 4-hour timeframe and is currently heading towards my second resistance level which could potentially sell the market. I will await further entry confirmation/confluence when the market opens again.
XAGUSD: Key Levels to WatchHello,
OANDA:XAGUSD appears to have found support, but the key level to watch is 29.579. If the price breaks and sustains above this level, further upside momentum is likely. However, if resistance holds, we can expect continued downside movement. Should a bullish breakout occur and momentum builds, the price may advance toward the 1M pivot point. Additionally, it's important to note that the 1M strong support is positioned at 28.702.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
XAGUSD Has Bearish Breakout XAGUSD Silver vs. the US Dollar Suggesting the price will Break Out From The Level of 29.378 Here The Price will Break Down.
If the price break above 29.3780 Resistance Level it could signal a Potential upward trend if the Strong clos e Above this Level.
Support Level at 27.150
If the Price Breaks below the 29.370 level it could Head toward the support zone at 27.150as Suggest Bearish Trend.
Rate Share Your idea what's Going on Thanks.
XAGUSD SELL PROJECTION After price refuse to go long at our demand zone 😭, it broke out and we have to wait for price to retest and go short. No confirmation no entry 🚫
XAGUUSD focuses on the supply areaOn the 4-hour chart, XAGUSD fluctuated downward, and the bears had the upper hand. At present, we can pay attention to the pressure of the 30.8-31.1 supply zone. If the rebound is blocked, we can consider shorting. The support below is around 30.0. After breaking through, the support below is around 29.6.
Silver Price Forecast: Potential DeclineHello,
OANDA:XAGUSD is likely to experience further downside, as the 1M pivot point has acted as resistance, confirming a bearish outlook. The price could potentially decline toward the 28.702 level.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
silver short resultssilver short results
targets 1 2 3 4 DONE
425% LEVX 100
84% LEV X 20
Behind these results, relevant indicators. Behind every transaction won or lost, there are lessons.
alone, not sure of getting there,
you should learn from professionals to one day be financially free through trading
The pinbar studiThe pinbar signal candle is not stable,
after 3 candles there is a sell signal candle
right at the old Resistance level.
XAGUSD / SHORTOB and patern on lq base in low we could expect a short trade on it dont forget to risk free
SILVER Will Go Lower! Short!
Please, check our technical outlook for SILVER.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 31.898.
Taking into consideration the structure & trend analysis, I believe that the market will reach 31.450 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
Silver XAG/USD Analysis --- 10.12.2024Here's a brief analysis of silver:
1. Resistance Area: The marked resistance zone is near the price level of 32.265. Price action indicates potential selling pressure at this level.
2. Target Area: The target area is marked near 30.957, showing a potential bearish target if the price fails to break the resistance zone and reverses.
3. Current Price Action: The price appears to be in a consolidation phase just below the resistance area, indicating indecision. A breakout above resistance could signal further bullish momentum, while rejection at this level could lead to a move toward the target.
4. Strategy Implication:
If resistance holds, traders might look for sell opportunities targeting the green "Target Area."
If the resistance breaks convincingly with volume, the bearish target might be invalidated, and new upward targets could be considered.
Careful monitoring of price action around the resistance zone is crucial for trade confirmation.
SILVERPrice and Time Targets:
Price: >50% to <78.6% of W.1
Time: Minimum >50% of W.1, most likely 62-162% of W.1
