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#silver#commodities

Silver Still Moving SidewaysIn July 2020, price was making good progress in Silver after moving above a previous high at $21 to go on to reach a high of $29 the following month. Ever since that high was made, price has been in consolidation and has been struggling to move above the $30 round number. Price has been in consolidation for seven months now and holding in between $21 & $29. On February 1st price spiked above the resistance hitting $30 but that was a fakeout and price quickly returned back inside the consolidation zone. This fakeout is a reminder why we don’t just jump into a position straight away. We need to see a clear break and a close above/below resistance/support. Price is above the daily 200 simple moving average and pointing up so the bias is bullish for now. All we need to see is a move out of consolidation and we are looking for our confirmation signal which is shared with our members. This will guide us to enter only high probability opportunities. Silver is looking good and it is only just a matter of time before we see an opportunity to enter a position in this commodity. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
TVC:SILVER
by Sublime_Trading
Silver: Wait After WaitThe last couple of weeks have been relatively tiring as we are desperately waiting for the silver to make a move. This market is developing very slowly. Our expectation is that we will see declining prices for silver, as we expect it to move under $24.04. Somewhere around $22.23, we should see a short correction before the price gradually moves under $20. As long as we stay above $24.04, however, there is a 35% chance that the bulls take over and push for new highs above $30.35. Patience pays off!
COMEX:SI1!
by MarketIntel
Silver Stays Range-BoundThe technical picture for silver has not changed much in recent trading sessions. Silver remains stuck between the support at $25.85 and the resistance at the 50 EMA at $26.25. Silver has already tested both levels during the current trading session but failed to gain any momentum. If silver declines below the support at $25.85, it will head towards the next support level at $25.55. In case silver moves below this level, it will head towards the next support at $25.20. On the upside, a move above the 50 EMA will push silver towards the next resistance at $26.70. In case silver settles above this level, it will head towards the resistance at $27.00. Most likely, silver will be able to develop significant momentum once it manages to settle outside of the current trading range so traders should be prepared for fast moves.
OANDA:XAGUSD
by FXEmpirecom
Silver Tests Resistance At $26.25Silver failed to settle below the support at $25.85 and rebounded towards the nearest resistance level at the 50 EMA at $26.25. The 20 EMA is located in the nearby, so the resistance at $26.25 is set to be a material obstacle on the way up for silver. RSI remains in the moderate territory so there is plenty of room to gain additional upside momentum in case the right catalysts emerge. If silver manages to settle above the 50 EMA, it will head towards the next resistance at $26.70. A move above this level will open the way to the test of the resistance at $27.00. On the support side, the nearest support level for silver is still located at $25.85. If silver declines below this level, it will head towards the next support at $25.55. A move below the support at $25.55 will push silver towards the support at $25.20.
OANDA:XAGUSD
by FXEmpirecom
Silver Tested Support At $25.85Silver had recently made an attempt to settle below the support level at $25.85 but lost momentum and rebounded towards the resistance at the 50 EMA at $26.45. In case silver manages to settle above this level, it will move towards the next resistance which is located at $26.70. A move above the resistance at $26.70 will push silver towards the next resistance at the 20 EMA at $27.00. If silver gets above the 20 EMA, it will gain additional upside momentum and head towards the resistance at $27.50. On the support side, silver needs to settle back below the support at $26.30 to have a chance to get to another test of the support at $25.85. If silver settles below the support at $25.85, it will head towards the support at $25.55. A successful test of the support at $25.55 will open the way to the test of the next support level which is located at $25.20.
OANDA:XAGUSD
by FXEmpirecom
1
Siver Failed To Settle Below $27.00Silver continues to trader near the support level at $27.00. Silver has already made several attempts to settle below this level in recent trading sessions but failed to develop sufficient downside momentum. If silver settles below the support at $27.00, it will head towards the next support level at $26.70. A move below this level will push silver towards the support at the 20 EMA at $26.60. In case silver declines below the 20 EMA, it will move towards the next support level at $26.30. A successful test of this level will open the way to the test of the support at the 50 EMA at $25.95. On the upside, silver needs to stay above the support level at $27.00 to have a chance to develop upside momentum in the near term. The next resistance level for silver is located at $27.50. A move above this level open the way to the test of the next resistance at $27.75.
OANDA:XAGUSD
by FXEmpirecom
2
Silver Tests Support At $26.20.Silver is currently testing the nearest support level at the 20 EMA at $26.20. RSI is in the moderate territory, and there is plenty of room to gain additional momentum in case the right catalysts emerge.  If silver settles below the 20 EMA, it will head towards the next support level at $25.85. A move below this level will push silver towards the support at the 50 EMA at $25.65. In case silver gets below the 50 EMA, it will move towards the next support at $25.30 although it may also receive support near $25.55. On the upside, silver needs to stay above the 20 EMA to have a chance to develop upside momentum in the near term. The next resistance level for silver is located at $26.70.  If silver gets above this level, it will head towards the resistance at $27.00. A move above $27.00 will open the way to the test of the next resistance at $27.50.
OANDA:XAGUSD
by FXEmpirecom
0 to 100… Real Quick! ⚡Rumors about a potential run on silver surfaced some while ago on Reddit. At the end of last week, the run started and the silver price made a first jump on Thursday, followed by another sharp increase on Friday. Starting this week, we are experiencing another drastic increase in the price for silver, which also what we expected a long time ago. 😏 Now, it is important that the price does not fall below $28.10. In that case, we will see the price rising above $33. After reaching this mark, we can expect a corrective movement. Stay trading!
COMEX:SI1!
by MarketIntel
XAG USD - update longsPurple = weekly Blue = Monthly Orange = Daily grey = 4hour pink = 1 hour Hello Traders and Analysts, Based on what merit? We have seen a nice impulse into the channel and a rejection upon reaching the zone of $29.00. Good question, based on the fact - from a technical standpoint - the sell off back in February, March 2020 - reversed on a fractal point within the market structure to the crisis of the reluctance for the demand of the Commodities . However, this produced a demand zone to hold from so we have a buying opportunity. This imbalance was created in which created the impulse. Price re-established itself now between $22-27 zone for a further imbalance where price will now look to as a strong demand for price engineering if needed. Currently we are in $27.00 zone where the price can see a risk-off rejection however we could see a holding price for the bulls on the lower time frame at the 4 hour level to see where the smaller imbalance is. See the analysis which brings us to 2021. See the XAG XAU XAU XAG - correlation chart Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise and clears your mind. If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes. Regardless we will continue producing analysis. Thanks, Team LVPA MMXXI
FOREXCOM:XAGUSDLong
by LupaCapital
3
Silver Rallies Amid Increased Speculative ActivitySilver got a boost from increased speculative activity in shares of silver miners. Currently, silver is trying to settle above the resistance at $27.20. If this attempt is successful, silver will get to another test of the resistance level at $27.50. If silver gets above this level, it will head towards the next resistance at $27.75. On the support side, the nearest support level for silver is located at $27.00. A move below this level will push silver towards the support at $26.70. If silver declines below this level, it will head towards the next support at $26.30. It should be noted that while RSI is in the moderate territory, the risks of a near-term pullback are significant as the current rally is inspired by speculative activity of retail traders on the stock market while gold markets have not supported the rally in silver markets.
OANDA:XAGUSD
by FXEmpirecom
Silver Tests Resistance At $26.30Silver gained strong upside momentum and managed to settle above the resistance at $25.85. Currently, silver is testing the next resistance level at $26.30. If this test is successful, silver will move towards the next resistance level which is located at $26.70. RSI is in the moderate territory, and there is plenty of room to gain additional upside momentum in case the right catalysts emerge. If silver settles above $26.70, it will head towards the next resistance at $27.00. A successful test of the resistance at $27.00 will open the way to the test of the resistance level at $27.20. On the support side, the previous resistance at $25.85 will likely serve as the first material support level for silver. If silver declines below this level, it will head towards the next support at the 20 EMA at $25.60. A successful test of the support at the 20 EMA will open the way to the test of the next support level at the 50 EMA at $25.30.
OANDA:XAGUSD
by FXEmpirecom
Off we go! 🙌Except for Robert Kiyosaki, the writer of “Rich Dad Poor Dad”, only a few others seem to talk about silver. However, we might be facing a nice run over the coming days from this metal. We are increasingly confident that it is now leaving the mark of $25.12 behind and moving up to tackle $28.10. This is an important hurdle in our calculation that silver needs to take. After that, and just shy of reaching $29, we expect the price to drop for quite some time – even past $25.12, $24.04, and $23.63. Alternatively, we give a potential breakout over $29 a chance of 35% if silver happens to catch too much fire on its way up. Stay trading! 🙌
COMEX:SI1!
by MarketIntel
Possible bought in Silver; I show you this rejection!!!At the moment, Silver it's show us a good opporunity in long position. As we see in the past days, we was into thes bearish risign wedge, but right now, we are into important support key in daily chart. The Daily support it's in yellow rectangle. Now, the only that I see it's in the H8 timeframe that we identify a good possible to entry in the long position. but it's without confirmation and not sure to entry until to see any bullish candlestck signal, and therefore, we can to entry in the market of commodities. So guys, if you like this analysis, I invite you to share this analysis with your friends, traders and amateurs to be prepared and have a plan if you have a Silver to trade this week. And also, noticed that in Silver we was into this bullish rising wedge, waoh!!! This it's a bullish signal so good!!!
FOREXCOM:XAGUSDLong
by harisonhbn9718
1
Silver Tests Support At $27.00Silver continues its attempts to settle below the nearest support level at $27.00. If silver declines below this level, it will head towards the next support at $26.70. A move below $26.70 will open the way to the test of the next support level at $26.30. In case silver manages to settle below the support at $26.30, it will decline towards the support which is located at the 20 EMA at $26.00. On the upside, the nearest resistance level for silver is still located at $27.50. Silver needs to get above this level in order to continue its upside move. The next resistance is located at $27.75. If silver manages to settle above this level, it will gain additional upside momentum and head towards the next resistance level at $28.30.
OANDA:XAGUSD
by FXEmpirecom
Silver Tests Resistance At $27.50Silver managed to settle above the resistance at $27.00 is is trying to settle above the next resistance level at $27.50. RSI is very close to the overbought territory but there is still plenty of room to gain additional momentum in case the right catalysts emerge.  If silver settles above the resistance at $27.50, it will head towards the next resistance level at $27.75. A move above $27.75 will push silver towards the resistance at $28.30. In case silver gets above $28.30, it will move towards the resistance at $28.90. It should be noted that there are no significant levels between $28.30 and $28.90 so this move may be fast.  On the support side, the previous resistance at $27.00 will likely serve as the first support level for silver. No material levels were formed between $27.00 and $27.50 so silver may quickly get to the test of this level.  If silver declines below the support at $27.00, it will head towards the next support level at $26.70. A move below $26.70 will open the way to the test of the key support level at $26.30.
OANDA:XAGUSD
by FXEmpirecom
Silver Is Stuck Near $26.30The technical situation has not changed at all compared to the previous trading session as silver is still trying to get above the nearest resistance level at $26.30. Silver has already made several attempts to gain upside momentum above $26.30 but these attempts yielded no results, and it remains to be seen whether silver will be able to attract enough interest in the remaining trading sessions of the year. If silver settles above $26.30, it will move towards the next resistance level at $27.00. RSI is in the moderate territory so there is plenty of room to gain momentum. A move above $27.00 will open the way to the test of the next resistance level at $27.50. On the support side, silver should receive solid support near $25.85. In case silver declines below this level, it will move towards the next support level at $25.55.
OANDA:XAGUSD
by FXEmpirecom
1
Silver Faces Strong Resistance At $26.30Silver is currently trying to settle above the nearest resistance level at $26.30. Silver has already made several attempts to settle above this level in recent trading sessions and even managed to get above $26.30 but failed to gain sufficient upside momentum.  The resistance near $26.30 remains strong, but silver will have a good chance to develop strong momentum once it manages to settle above this level. The next resistance for silver is located at $27.00. If silver moves above this level, it will head towards the next resistance at $27.50. On the support side, the situation has not changed compared to the previous trading session. The nearest material support level for silver is located at $25.85. If silver gets below this level, it will head towards the next support at $25.55. A move below the support at $25.55 will open the way to the test of the next support which is located at $25.30.
OANDA:XAGUSD
by FXEmpirecom
Silver Makes Another Attempt To Settle Above $26.30Silver gained strong upside momentum and is trying to settle above the resistance at $26.30. It has recently made several attempts to settle above this level but they were not successful. This time, it looks like silver has good chances to settle above $26.30 and get to the test of the next resistance level at $27.00. RSI is still in the moderate territory so there is plenty of room to gain momentum in case the right catalysts emerge.  If silver gets above the resistance at $27.00, it will move towards the next resistance near the recent highs at $27.50. A move above $27.50 will push silver towards the resistance at $27.75. On the support side, a move below $26.30 will open the way to the test of the support level at $25.85. In case silver settles below this level, it will quickly get to the test of the next support at $25.55.
OANDA:XAGUSD
by FXEmpirecom
Silver Tries To Move Higher In Holiday-Thinned TradingToday, silver made an attempt to settle above the resistance at $25.85 but failed to develop sufficient upside momentum and pulled back towards the nearest support level at $25.55.  If silver settles below the support at $25.55, it will move towards the next support level at $25.30. A successful test of the support at $25.30 will push silver towards the next support level at $25.00. On the upside, silver needs to settle above the resistance at $25.85 to have a chance to develop additional upside momentum. If silver gets above this level, it will head towards the resistance at $26.30. It should be noted that silver does not have good chances to develop strong momentum during today's trading session due to low trading activity, so any material moves will likely take place during the next week. 
OANDA:XAGUSD
by FXEmpirecom
1