Silver continues to rise!Silver ideas are also to follow gold, today's silver back to continue to do more, yesterday silver is a cross star, the performance is not so strong gold, today's silver back to 24.20 can continue to buy!
Silveranalysis
📉🌑 Silver's Downward Spiral: Aiming for $22, Then $18 🎯💫Following my recent sell analysis on Gold. Silver is also a short from here.
Silver 6 weekly chart: Shows resistance and the bearish trend is strong.
Target 1: $22
Target 2: $18
The bear trend is the same with gold.
The current trend is pointing downwards. You need to devise a plan to execute your trade accordingly.
Buy silver directly around 24.3Buy silver on dips today
Baiyin daily line received Dayang line yesterday!
And after all, the bulls have strongly broken through the previous high pressure
So silver's trading signal today!
24.3 Buy!
SILVER (XAGUSD): The Growth Will Continue 🪙
Silver set a new higher high higher close, violating a key horizontal resistance on a daily.
It is an important sign of strength of the buyers.
The market will most likely keep growing.
Next goal - 25.0
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SILVER will hold resistance or not??#SILVER... market just reached at his upside final resistance of the day , keep close it because if market hold it then again drop expected otherwise not.
24.42 was our area if you remembered guys, that was our first supporting area in our last 4 to 5 #SILVER ideas,
in first go market hold it and then create a volume to move any side, now at his final area and that is 24.42
keep close it and dont hold your short positions above that level .
trade wisely
good luck
DeGRAM | Silver 50% retracement levelSilver pulled back to resistance and 50% fibo level.
If the market fails to break through the resistance level by creating a false breakout, we can sell from the confluence level.
We anticipate a retest of the support level since we have a price drop from resistance.
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#SILVER: A strong sell off expected! Dear Traders,
OANDA:XAGUSD a strong sell off is expected on silver this week. Firstly because recently price have been overbought and there is going to be ' a strong bearish impulse' due to adjusting he market equilibrium. Secondly, the NFP and other strong news that can affect the silver future price significantly.
We will have to keep close eye on the price action if price does not respect our zone then the idea will be automatically invalidated. we will update on this as we progress.
Silver analysis XAG/USD A monthly analysis of the silver chart is showing a major structure struggle. A lot of consolidation going on. However we have a higher timeframe head and shoulders pattern that has formed. The $25 $26 zone is the neck line here. We need a breakout on the weekly for the next exponential move up. Keeping in mind we have a multi year wedge patter within the same consolidation area.
SILVER (XAGUSD): Important Breakout 🪙
Silver broke and closed below a key daily structure support
with a high momentum bearish candle.
The broken structure turned into a strong resistance.
Probabilities will be high that the market will drop much lower.
Next support - 22.25
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Long silver...After fake breakout above 25.00 level, Silver had a deep pullback
and now its on support and has chance to goes high again.
Trade safe.
Have a good week.
XAGUSD LONGhello traders.for silver we had choch in weekly and also daily time frame.now we are in demand area and after confirmation in this zone ,price can keep going to upside.
what do you think?
R:R 2.32
“”your follows and boosts encourage me to publish more analysis””
previous support is no longerCOMEX:SIH2024 previous support is no longer valid. New sentiment - LONG (use in combination with your own technical analysis)
Silver - down and then up?Silver - down and then up?
As you can see, the price is in a correction mode now, but we are in an up-trend, and not just this, but also in ascending triangle + possible W reversal in up..so the support zone is a good area for long.
Reasonable support detectedReasonable support detected.
Importantly, this portfolio was built before today's downturn began.
Silver trying to break 12year old trendline.Silver trying to break 12year old trendline.
This is a long term chart. Based on history, big trend lines
shifts the long term trend.
With all the inflation going on people historicaly buy silver and gold
to protect them self from inflation and preserve their puchasing power
while their currencies fall.
On of my favourite copper/silver stocks that is leveraged for rising prices.
is Brixton Metals corp /symbl: BBB
AUMN - Time For Another Big Risk/Reward Play?I've certainly been wrong on AMEX:AUMN in the past, BUT I have always had proper stops in place to protect from the possibility of waterfall losses. I personally believe it's time to try again.
Gold & Silver appear to be breaking out and the setup is (once again) in play for AUMN. Below the teal support box is when to exit the trade . That's when you know you're wrong.
Other than that, we have clear resistance areas above and, ultimately, are still hopeful for the long-term target.
SILVER - Important Breakout 📈Hello Traders !
On The Daily Time Frame, The SILVER Price Broke a Strong Resistance Level (23.77640 - 23.24650).
This Resistance Level Becomes a New Support Level.
Moreover,
-The Price Formed aa Descending Channel.
-The Resistance Line is Broken.
So, I Expect a Bullish Move.
I'm Waiting For Retest...
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TARGET: 24.67000🎯
XAGUSD LONG - BIG BULLISH COMING!Waiting for a retest of 24.08155 to long XAGUSD back to Daily key level at 25.16368
If you agree drop a like and if you have any questions leave a comment :)
SILVER (XAGUSD): Technical Outlook & Trading Plan 🪙
Silver is currently trading within a narrow horizontal range on a daily.
23.20 – 23.43 is the support of the range.
23.93 – 24.14 is the resistance of the range.
Bullish breakout of the upper boundary of the range will give you a strong bullish signal.
Daily candle close above will confirm the violation.
A bullish continuation will be expected to 24.70 then.
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SILVER 4H : Support to rise up SILVER
New forecast
The silver price traded declined significantly and reached the level of 23.50, so we are forced to remain neutral until it shows the clearest trend during the coming trades.
Therefore the 23.50 - 23.35 levels is important fore Silver during coming period hence failure to stabilized under 23.35 it will support the price to rise up again and targeting 23.77 and 24.00 levels , taking into account that stabilized under 23.35 will put the price under sell pressure .
The expected trading range for today is between support 23.35 and resistance 24.00 .
resistance line : 23.77 , 24.00
support line : 23.50 , 23.35
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Silver is bullish in the 15m time frameSilver goes to 23.97 in the 15 minute time frame.
We can see confirmation of the upward trend in 1-hour and 4-hour periods
Silver - the next gold?Hello Friends 😁
After the peak in April 2023, it OANDA:XAGUSD has been declining throughout the year until now. I assume that this is a complex correction. In the A-B-C-W-X-Y correction, there is a nice A-B-C-D-E correction. The E wave should have completed the entire correction, and ideally, it should not fall back to the previous level.
I believe we are in a minor Wave (ii) of an encircled Wave iii. I expect that after the small correction that is coming now, we will see an increase to at least $25.
Bye 🫡
XAG-Silver Sell opportunity Hi dudes. I'm waiting for sell on silver for the week ahead. Sell zone opportunity on 1H. To notify the free signals, analysis, follow, boosts, comments, and write questions. Observe the money management (Use 1~3 % of your balance for each signal) and the stop loss.
