XAGUSD LONG - POTENTIAL REVERSAL?Waiting for a retest of 22.490 to long XAGUSD back to 4H swing high at 23.716
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Silveranalysis
DeGRAM | Silver short from kill zoneSilver is approaching the resistance level and the 50% fibo level.
The market is in a bearish trend; it's making lower lows. Price dropped from this level.
We anticipate a short-term trade from the kill zone.
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A bearish retest of #silver ? #gumus #xagtryg#silver is now on retest of broken trendline in rising channel. In this retest, if price declines, i expect more dump. NOT FINANCIAL ADVICE.
#gumus su an kirmis oldugu trend kanalina tekrar girmek icin retest yapıyor, bearish retest dedigimiz bu fiyat ataginda onumuzdeki hafta basi itibariyle sert deklinasyonlar gelirse bu #xag gumus fiyati trendinde bir sure ayi piyasasi olusturabilecektir. Sadece teknik ongorudur , her zaman kendi kararlarinizi kendiniz verecek durumda olunuz. YATIRIM TAVSiYESi DEGiLDiR.
SILVER 4H : stabilized above 22.23 will support to rise SILVER
New forecast
Silver price trades rebounded downwards after it faced strong resistance at the level of 22.23, to test the strong support, starting the day on a positive note and heading towards testing the aforementioned level, waiting for its breach to open the way towards heading towards 22.50 as the next main target .so the main condition to be continue at the bullish trend is stabilized above 22.23 and then it will reach to 22.50 and 22.88 .
From here, our expectations for the upward trend will remain valid, keeping in mind that failure to penetrate and hold above 22.23 will put pressure on the price to decline again to head to 21.60 before any new attempt to rise.
The expect range trading for today it will be between resistance line 22.23 and support line 21.97 until stabilized
Additionally ,Today News will affect the market .
support line : 21.97 , 21.60
resistance line : 22.23 , 22.50
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XAGUSD underside retest -SHORTFollowing that impulsive sell, we have an underside retest of key level. Unless we break above and hold the level, this is an idea I think plays out. Goodluck
I expect a liquidity raid, so maybe wait that out
Today's update for silver 4H Hello everyone, The silver price is showing noticeable positive trading to approach our expected target of 21.95, and we remind you that exceeding this level will lead the price to achieve additional positive targets of up to 22.29 in the near term.
The expected trading range for today is between support 21.60 and Resistance 22.29
Pivot Price:21.95
Resistance Price: 22.29 & 22.45 & 22.71
support price: 21.77 & 21.60 & 21.41
The general trend expected for today: Bullish
Timeframe: 4H
SILVER 4H :above 21.97 will support to rise upSILVER
New forecast
The price perfectly fulfills my last idea .
The narrow range continues to dominate silver price trading, awaiting a positive incentive that will help push the price higher again and achieve our expected target at 22.23.
Until now, we continue to favor the bullish trend in the intraday term but to confirm the bullish trend should stable above 21.97 and then will reach to 22.23 remembering that breaching the 22.23 level will push the price to 22.50 as the next main station. keeping in mind that breaking the levels of 21.35 will stop the expected rise and put pressure on the price to turn lower.
The expect range trading for today it will be between resistance line 21.97 and support line 21.35 until stabilized
Additionally ,Today News will affect the market .
support line : 21.60 , 21.35
resistance line : 21.97 , 22.23
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Silver movement for next monthSell position on silver for next few days
Don't miss the stop loss near the area shown
SILVER - BEARISH SCENARIO 📉Today, The Silver Price Reached a Strong Resistance Level (22.51100 - 22.11245) and 50% Fibonacci Retracement Level.
So We Have a Bearish Scenario:
If The market Breaks The Higher Low (21.72533 - 21.57400) and Closes Below That,
I will Sell on Retest...
TARGET: 20.10000🎯
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Silver Short Term Sell IdeaH4 - Bearish trend pattern.
Lower lows.
Currently it looks like a pullback is happening.
Bearish hidden divergence.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
SILVER 4H : support further rise SILVER
New forecast
The silver price is showing weak trading now, and is waiting for a positive stimulus that will help push the price to resume positive trading and reach the expected area at 22.23 and 22.50.
Until now, we continue to favor the bullish trend in the intraday term but to confirm the billish trend should stable above 21.97 and then will reach to 22.23 remembering that breaching the 22.23 level will push the price to 22.50 as the next main station. keeping in mind that breaking the levels of 21.35 will stop the expected rise and put pressure on the price to turn lower.
The expect range trading for today it will be between resistance line 21.97 and support line 21.35 until stabilized
support line : 21.60 , 21.35
resistance line : 21.97 , 22.23
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Silver(XAGUSD) - Elliott Wave CountSilver(XAGUSD) - Elliott Wave Count
this is one of the possible expected moves... pls trade with caution as the count may not be reliable.
Silver - It appears that the correction wave A has been completed in the market and is expected to increase towards the Wave B target. However, the price may then decline towards Wave 2. It is important to note that if the price breaks above Wave 5, this means that the correction of ABC has already been completed, as indicated in the wxy, and is expected to advance further.
Please exercise caution when trading as this information is for educational purposes only.
TVC:SILVER MCX:SILVER1! CAPITALCOM:SILVER ACTIVTRADES:SILVER FOREXCOM:XAGUSD_PER0.1 OANDA:XAGUSD FOREXCOM:XAGUSD
SILVER 4H : try to retest and then push upSILVER
New forecast
The price of silver achieved a clear breach of the 21.35 level and ended last Friday’s trading above it. The day begins with an additional rise and is heading towards testing the 22.23 level mainly, which makes us likely to witness further rise during the coming sessions.
Therefore the upward trend scenario will be remain valid and effective during next days but at first the price will try to correction to 21.35 and then will rise up to 21.97 and 22.50 ,keeping in mind that breaking 21.35 will stop the positive scenario and put pressure on the price to decline again.
The expect range trading for today it will be between resistance line 21.97 and support line 21.35until stabilized
support line : 21.60 , 21.35
resistance line : 21.97 , 22.23
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
DeGRAM | SILVER longSilver price went down and tested a major support zone.
Price action is likely to consolidate at that level.
The market reached the demand zone, where the price made a sharp bullish move.
Price action created an engulfing candle at the support level, an indication of potential upward momentum.
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#silver #XAG Long Term StrategySilver has broke the trend line in the megaphone channel and will there will likely be a bearish retest. If price decline comes after retest, the silver price will probably go to find the megaphone channel dip. Mid / short time , this will be a bearish movement.
But in long term , after breaking this megaphone channel, silver will meet new ATHs in Q3 2024.
NOT FINANCIAL ADVICE. Do your own research and always decide with your knowledge not mine or anyone else.
Silver- Bear trend is the name, sell rallies is the gameIn my Saturday video analysis, I said that Siver could drop and test the 21 zone.
XagUsd dropped hard and even exceeded my target. After the low under 21, Silver started to consolidate and recovered some losses.
The recent price action is carving a small double bottom on our chart that could lead to further gains.
However, considering the strong down pressure, I do not recommend buying into correction but selling rallies above the double bottom's neckline
A good place for searching entry signals is the zone between 21.50 and 21.80
The target could be set in the recent low zone at 20.80
SILVER - SHORTMy second time trading silver, the first one was an L. Lol 😆
Let's see how it goes.
A simple trendline Breakout Strategy. Entry after break of the correction. On the higher Time frame (1H) this whole movement is a Correction/bearish flag.
Silver 1day overviewSilver fell to around $21 per ounce, the lowest in over six months, pressured by the interest rate jitters, surging bond yields, and a stronger dollar. In its latest meeting, the Fed signaled one more hike for 2023 and a slower monetary easing in 2024, which confirmed the interest rates would have to stay elevated longer, raising the opportunity cost of holding non-yielding bullion. Additionally, the ISM Manufacturing PMI rose well above market expectations to 49 in September, supporting the case for the regulator's hawkish tone. Still, silver prices remained underpinned by tight supply, the development of solar panel technologies with higher conduction needs, and hopes for an economic recovery in China after the country's manufacturing activity returned to expansion for the first time in six months.
Silver futures and options contracts are used by mining companies, fabricators of finished products, and users of silver-content industrial materials to manage their price risk. As a precious metal, silver also plays a role in investment portfolios. The largest industrial users of silver are the photographic, jewelry, and electronic industries. The biggest producers of silver are Mexico, Peru, and China followed by Australia, Chile, Bolivia, United States, Poland, and Russia.
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Silver Breaking down: Symmetrical TriangleSilver (US$/Oz) Breaking drown from a long term support trendline (22.197 levels).
Crucial support levels to look for : 21.376, 20.7-20.52 and worst case 19.945. Although if macro factors support we can see a demand uprise and a subsequent pull back to 21.376 and rally upto previous long term trendline levels.
BluetonaFX - SILVER Triangle Break SHORT IdeaHi Traders!
SILVER is approaching the trendline support of its symmetrical triangle and there is a possibility of a breakout to the downside.
Price Action 📊
There was a momentum break and close below the 20 EMA along with market swings showing lower highs and lower lows.
We are looking for a break and close below the trendline support.
Fundamental Analysis 📰
The market's demand for Silver is currently low due to current high demand for the US dollar.
Support 📉
22.232: TRENDLINE SUPPORT
Resistance 📈
22.868: PREVIOUS DAY'S HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
Silver: Breaking six Weeks lowSilver breaking its last 6 weeks low.
commodity broke down from its symmetrical triangle.
A pull back can be expected from 67441 levels but not to an extent to reach to triangle trendline levels
Key levels to watch :
Supports: 67441, 65222, 63453. Resistance: 72109, 74741.
Silver/XAUUSD ~ 2H Intraday Chart (Oct 2023)TVC:SILVER chart mapping/analysis for intraday & short-term swing trade strategies.
Silver/XAUUSD ~ Daily Swing Chart (Oct 2023)TVC:SILVER chart mapping/analysis for med-long term swing trade strategies.
