#XAGUSD Break Rounding Bottom Pattern in 15 MinXAGUSD Silver Form Rounding Bottom Pattern in Shorter Time Frame
Entry =31.2890$
Target = 31.7106$
Stop Loss = 31.0800$
XAGUSDG trade ideas
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
Profitable Silver Trading PlanAlexGoldHunter TVC:SILVER Technical Analysis and Strategies for Silver (XAG/USD)
Chart Analysis
Price Levels and Patterns:
Current Price: $30.9640
Resistance Levels:
$31.0775
$31.0313
$31.0219
Support Levels:
$30.9851
$30.9105
$30.8500
Technical Indicators:
RSI (Relative Strength Index): 45.38, indicating neutral to slightly bearish momentum.
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line with negative histogram values, indicating bearish momentum.
Buy Strategy with Confirmations
Entry Point:
Consider buying when the price breaks above the resistance level at $31.0313 with strong volume.
Confirmations:
RSI: Should be above 50, indicating bullish momentum.
MACD: Look for the MACD line to cross above the signal line, confirming a bullish trend.
Volume Confirmation:
Ensure there is an increase in volume during the breakout, indicating strong buying interest.
Stop Loss:
Place a stop loss below the support level at $30.8500 to manage risk.
Take Profit:
Target the next resistance level around $31.0775 or higher, depending on risk appetite.
Sell Strategy with Confirmations
Entry Point:
Consider selling when the price breaks below the support level at $30.8500 with strong volume.
Confirmations:
RSI: Should be below 50, indicating bearish momentum.
MACD: Look for the MACD line to cross below the signal line, confirming a bearish trend.
Volume Confirmation:
Ensure there is an increase in volume during the breakdown, indicating strong selling interest.
Stop Loss:
Place a stop loss above the resistance level at $31.0313 to manage risk.
Take Profit:
Target the next support level around $30.9105 or lower, depending on risk appetite.
Summary
This chart shows a consolidating price action for silver with key resistance and support levels. The RSI and MACD indicators suggest a neutral to bearish momentum. A breakout above $31.0313 or below $30.8500 with corresponding indicator confirmations would provide potential buy or sell signals, respectively.
possible buying opportunity The market is currently at balance, with no buyers/sellers in total control. As the analysis show, price bounced on our Major low and created a Head n Shoulders pattern, which was broken and price retested our Neckline.....possible scenario is that the price might bounce on the neckline and a breakout on the Major high will occur, meaning buyers will take over and we should look for buying
Xagusd
I have two scenarios for silver. As you can see on the chart, the price is located in a critical zone. It has attempted to break through this level multiple times but has not succeeded yet. If the price closes strongly above this zone on the high timeframe, I will look for candle formations on the lower timeframe as a buying opportunity, targeting $33.
The second scenario is if the price fails to close above the zone and instead just sweeps the liquidity with a shadow. In this case, the next step could be a decline to $29.
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If you have any specific areas you'd like to improve or further questions, feel free to ask!
SILVER My Opinion! SELL!
My dear followers,
This is my opinion on the SILVER next move:
The asset is approaching an important pivot point 31.108
Bias - Bearish
Safe Stop Loss - 31.335
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 30.689
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
Silver Chart Looking Bullish#Silver chart flashing bullish vibes 🚀
A MACD crossover + 3 bullish hammer candlesticks in a row, all while bouncing off the February trendline. Eyes on the prize. 👀 #SilverSqueeze
$50 Silver"Decade of zero returns" for the stock market = Shortening Bear Market for Commodities
Price target = $50
Fractal backbone + Room in technicals for such move.
Price target was established in June 2021.
Time frame pushed up in anticipation of 2023 bear.
XAGUSD Downside Ahead?Hello,
OANDA:XAGUSD could face further downside, potentially dropping to around 28.68. If the price continues to reject the 1M pivot point, this decline seems inevitable. Let’s go!
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Decade long structure emerging on the Silver chartIt is interesting to study the Production/Accumulation/Distribution/Industrial Demand as well. Silver seems to hit a breaching point where physical prices have a premium about +45% for buying it and +20% for selling pure silver bullion coins. Troy oz./oz. is about 1.10, which should reflect a recomended trading price of 25.4$ per troy oune. Anybody able to buy at these prices?
Another interesting peak that was reached lately is the Gold/Silver Ratio reaching +104 lvl's, an increadable bias for gold if you look at the ratio that existed about 100 years ago, which is 10. . In less then 6 months time this ratio is today +70. This is a technical indicator for a strong bear legg starting a decade long correction for the multi decade long bull market in favour of Gold. This is the first leg down, and there is a lot of space for continued correction, bringing the price to a 'recommended equilibrium'.
Platinum as wel is comming back from an all time low Platinum to gold ratio 0.39 to the 0.6. Interestingly the platinum price is not having a ticker as far as I now that goes back for 100 years, which is the scale that the trend is carrying apparently for multiple precious metals. Chemistry table books presenting value of the pure element refer to a rule of tumb for pricing, that refered to the relative abundance of those elements before the 80's, here the Platinum over Gold ratio is documented to be 2x over multiple years, presumingly a good rule of tumb ratio of price to handle as historical mean.
It's becoming clear that there is some mechanism (or a superposition of multiple mechanisms) enables the overrepresentation of 'exchangeble silver tickets'. And it is difficult to find trustworthy data on the abundance of each element to date. Especially yearly mining reports giving estimeates that are discripant over 10 years, look at a mining report in 1992,2002;2012,2022 and the quality of these estimates seem to be worthless for what the physical reality could represent. Still in search for a good dataset, one could do a basic maximum physical element estimate by taking the continental crust elementary abundance calculation on the earth being a perfect sphere, having about 40% continental crust on it's surface, the maximal depth of a mine is one in south-africa, reaching 4km deep, however the mean depth of a mine will like be less than a km deep. you could go further and eliminate regions that are definetly not minable or mined (sahara, himalaya mountains, ..) but this is in my opinion the best approach to find the global maxima for the elements that are available on our beatiful planet.
Incoming 30-40% crash for Silver to $20Forecast for 2025
On the above monthly chart price action has rallied an astonishing 140% since the lows of March 2020. A number of reasons now exist for a bearish outlook. Very bearish. They include:
1) Price action and RSI support breakouts.
2) Regular negative divergence. The time length used is the same as the positive divergence.
3) The Cup and Handle projection has achieved the forecast target.
4) The rising wedge breakout. The wedge allows a forecast to be made using the top and lower touch points for a 35% correction to $20.
Is it possible Silver continues to rally? Sure.
Is it probable? No.
Ww
SilverXAGUSD ( Silver / U.S Dollar )
Bullish Channel as an Corrective Pattern in Short Time Frame
Completed " 1234 " Impulsive Waves
Break of Structure
RSI - Divergence
Consolidation Phase
XAGUSD - Silver will return to its upward trend?!Silver is above the EMA200 and EMA50 in the 4H timeframe and is moving in its medium-term bullish channel. If the trend line breaks and continues to decline, we can see the demand zone and buy within that zone with the appropriate risk reward. Stabilization of silver above the resistance area will provide us with the path for silver to rise to the supply range.
The CIBC bank forecasts that silver prices will average around $35 per ounce in 2025, maintaining this level through 2026. By 2027, prices may slightly decline, averaging $34.50 per ounce.
Analysts at the bank expressed a bullish outlook on gold and silver markets, citing preparations by global markets to deal with the unpredictable policies of Trump’s administration. Last month, the president-elect threatened to impose a 25% tariff on imports from Mexico and Canada if they fail to tighten border controls. Additionally, he warned over the weekend that a 100% tariff might be applied to the BRICS bloc if they develop a settlement currency to bypass the U.S. dollar.
Analysts stated, “We anticipate that higher tariffs, the potential for trade wars, lower interest rates, and deregulation will all support rising gold and silver prices.” They added, “We believe that Trump’s tariff policies could provoke retaliatory measures against U.S. exports, thereby fueling inflationary pressures.”
Performance of Gold and Silver in 2024:
• Gold has surged by 29% this year. Following a 3.4% increase in October and a 5.2% gain in September, gold prices declined by 2.5% in November.
• Silver also rose by 29% in 2024. However, after advancing 4.3% in October and 7.9% in September, silver prices fell by 5.2% in November.
Throughout 2024, gold has repeatedly hit record highs, breaking price ceilings 39 times. However, silver has yet to return to its previous bull market peak of $50 per ounce. While this may be disappointing for silver enthusiasts, historical trends suggest that silver often lags behind gold during bullish cycles, only to later outpace gold explosively. This lag presents an excellent opportunity for investors looking to capitalize on potential gains in this market.
Meanwhile, the market’s primary focus remains on the release of today’s Non-Farm Payroll (NFP) report and potential signals from Federal Reserve officials ahead of the central bank’s communication blackout, starting at midnight on Friday.
The most significant signal so far has come from Christopher Waller, a Federal Reserve Board member. Waller expressed willingness to support a rate cut in December, but noted that this decision depends on forthcoming economic data. He specifically highlighted the NFP report as one of five key indicators under consideration but cautioned that these figures might be distorted by factors such as October’s strikes, post-storm economic activity, and the upcoming elections.
Currently, markets estimate a 70% probability of the Federal Reserve cutting interest rates at its December 18 meeting. This likelihood has dipped slightly from 75% earlier this week but has remained unchanged since Monday.
In addition to the NFP report, scheduled speeches from several Federal Reserve officials—including Bowman, Goolsbee, Harker, and Daly—are planned for Friday.
BULLISH ON SILVER (XAGUSD)Silver has been bullish on the Higher timeframe and has just experienced a double exhaustion which coincides with the daily low, an area of support turned resistance and also the 61.8 fib level. a break of structure of the neckline and a retest of the level will have us go bullish on the precious metal with our TP on the weekly high and our Stop Loss below the H1 low.
Silver's Next Big Move: A High-Probability Trade to $34.88!This trade is based on a clean 4-hour FVG (Fair Value Gap) setup. The FVG displaced above a short-term high, confirming a bullish structure shift, and subsequently retraced into a high-probability FVG. This type of retracement often offers strong entries with minimal risk while aligning with the higher timeframe directional bias.
Key Levels to Watch:
- Entry Zone: Within the retraced 4-hour FVG.
- Immediate Target: HTF (Higher Timeframe) buyside liquidity at 34.88981.
- Stop Loss: Positioned below the 4-hour FVG to protect against invalidation of the setup.
Conclusion: This setup leverages a textbook ICT concept, utilizing displacement and retracement into a high-probability zone. If the price continues respecting the FVG and bullish structure, the HTF buyside liquidity target at 34.88981 becomes highly achievable.
DYOR (Do Your Own Research)!
TradeCityPro | XAGUSD Analysis Ready to Move👋 Welcome to the TradeCityPro channel!
Let’s step away from the crypto market and Bitcoin's ATHs for a moment to take a closer look at Silver (XAGUSD). We'll analyze this chart technically and identify potential triggers for entry.
🌟 XAG Fundamentals
Silver (XAG) is one of the most versatile and historically significant commodities, valued both as a store of wealth and for its industrial applications. Understanding its fundamentals helps in
Mining Production: Major silver-producing countries include Mexico, China, Peru, and Russia. Any disruptions, such as strikes or environmental policies, directly impact supply.
Industrial Demand: Around 50% of silver's demand comes from industrial applications, such as electronics, solar panels, medical devices, and batteries.
Investment Demand: Silver is often seen as a hedge against inflation and is regarded as a "safe-haven asset" during periods of economic uncertainty.
Silver-Gold Ratio: Silver typically follows gold but tends to show higher volatility. A rising silver-to-gold ratio signals that silver is undervalued relative to gold, and vice versa.
Silver is a more affordable option for investors who want exposure to precious metals but cannot afford gold.
⏳ 4-Hour Time Frame
On the 4-hour chart, we see that the movements are clean and logical, making it easy to identify support and resistance levels. Most price actions have been steady, without unnecessary fluctuations, making this chart suitable for identifying trading opportunities.
📈 Long Position Trigger
We are currently trading in a box between 29.79 and 31.38, with the price at the upper boundary. A breakout above 31.38 would signal an opportunity for a long position, with the target set at 32.32.
📉 Short Position Trigger
If the 31.38 resistance proves to be a fake breakout, a short position could be considered after a break below 30.76, or after a consolidation period that weakens buyers’ momentum. Additionally, if the price breaks below 29.79, it would provide another opportunity for a short position.
By carefully observing these levels and market behavior, you can find suitable trading setups while managing your risk effectively.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
XAGUSD POTENTIAL XABCD CONSOLIDATIONFor me this set up offers a very good R:R short trade.
XAGUSD showed consolidation move, unless it breaks the "C" top.
My position:
Open Sell: 31.30
SL: 31.55
TP: 30.60
CHEEERRRSS...!!!
XAGUSD MARKET ANALYSIS AND PRICE PREDICTION XAGUSD is presently consolidating at the institutional renegotiation zone. The pattern of the structure is bullish, we are expecting a break of structure and retest of Order Block in few days to give the Bulls a perfect Entry position.
The Entry, take profit and stop loss are all stated on the chat.
Good Luck Guys!
SILVER: Will Keep Falling! Here is Why:
The recent price action on the SILVER pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down.
❤️ Please, support our work with like & comment! ❤️
XAGUSD MARKET ANALYSIS AND PRICE PREDICTIONXAGUSD is presently consolidating at the institutional renegotiation zone. The pattern of the structure is bullish, we are expecting a break of structure and retest of Order Block in few days to give the Bulls a perfect Entry position.
The Entry, take profit and stop loss are all stated on the chat.
Good Luck Guys!
XAGUSDXAGUSD started in the 4-hour time frame from the perspective of corrective wave A and will continue until at least $32 corrective wave A.
Here, due to the extension of wave 3, wave 5 is a truncated wave
XAGUSDSilver has formed a double bottom in the 4-hour time frame, which will only cross the specified static resistance, and will rise sharply to $35.
Elliott Wave View in Silver (XAGUSD) Favors the Metal Going HighShort Term Elliott Wave in Silver (XAGUSD) shows that the metal ended wave ((4)) at 29.63. The metal has turned higher in wave ((5)). The structure of the rally is unfolding as a 5 waves Elliott Wave impulse structure. Up from wave ((4)) low on 11.28.2024, wave (i) ended at 30.29 and wave (ii) dips ended at 30.17. Wave (iii) higher ended at 30.75 and pullback in wave (iv) ended at 30.56. Final leg wave (v) higher ended at 30.89. This completed wave ((i)) in higher degree. Pullback in wave ((ii)) ended at 30.04 with internal subdivision as a zigzag. Down from wave ((i)), wave (a) ended at 30.5 and wave (b) ended at 30.73. Wave (c) lower ended at 30.04 which completed wave ((ii)).
The metal has resumed higher in wave ((iii)). Up from wave ((ii)), wave (i) ended at 30.67 and wave (ii) pullback ended at 30.3. Wave (iii) higher ended at 31.07 and pullback in wave (iv) ended at 30.7. Final leg wave (v) ended at 31.13 which completed wave ((iii)). Pullback in wave ((iv)) ended at 30.44 and final wave ((v)) higher ended at 31.47. This should complete wave 1 in higher degree. Pullback in wave 2 is now in progress to correct cycle from 11.28.2024 low in 3, 7, 11 swing before the metal resumes higher again.
