Get started

Silveranalysis

Silver: Close Call 😮‍💨That was a close call! Silver has missed our alternative scenario by a hair’s breadth by popping above the resistance at $25.49. As it has gotten its act together just in time though and has drawn back again, we still expect silver to return into our pink trend channel to move downwards below the support at $21.41. However, although it has been narrowly avoided, our alternative scenario with a probability of 45% remains. If it prevails, silver should rise into the blue zone between $25.88 and $29.34 first before turning around again.
COMEX:SI1!Short
by MarketIntel
1
Silver- Resumption to the uptrend is pretty clearAlso Silver is in high demand these days and the first signal that we can have a resumption to the uptrend has come on 21st February with a break above descending trend line resistance. 24.50 resistance zone was the next to fall and the price corrected after reaching 25.80 resistance. Yesterday we have a strong green candle and now the price is in correction. In my opinion, is pretty clear that Silver has resumed its long-term uptrend and this correction can be used as an opportunity to buy at better prices. 25usd can be a good place for this and medium-term traders can target 28 This bullish scenario is negated only by a daily close under 24 zone
OANDA:XAGUSDLong
by Mihai_Iacob
4
Silver: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Silver. The chart is self-explanatory. Silver price has been climbing up the local support trend line. RSI is about to reach the overbought area. Silver price has potential to drop. It may be supported by the 0.236 Fibonacci Retracement level as well as the strong support zone if price keeps falling. If Silver price moves upwards, keep an eye on the 0.50 Fibonacci Retracement level where there is strong resistance. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
TVC:SILVER
by MillionaireEconomics
6
Silver: Into the Green 🌱 🌿Silver needs to relax a bit and as its last foray into the green was too short to enjoy, it has treated itself with another trip. We expect silver to extend the stay until the upper edge of the green zone between $23.69 and $24.43, where it should finish wave 2 in green. Then, it should turn around and leave the green zone to go down below the support at $21.94 and afterwards even further below $21.41. Still, there is a 38% chance that silver could surmount the green zone and rise above the resistance at $24.75. If it makes it even above $25.49 afterwards, it should continue the ascent.
COMEX:SI1!Short
by MarketIntel
SILVER (XAGUSD) Key Levels to Watch 🥈 Hey traders, Here are the key levels for you to watch on Silver. The closest demand zone from where I am looking for buying opportunities is 21.3 - 22.0 area. Let the price reach that first and then look for a confirmation to catch a pullback trade. The closest strong resistance is based on a major falling trend line. Let the price test that and look for a confirmation to sell following the trend. In case of a bullish breakout of a trend line, the next resistance to watch will be 25.2 - 25.4 supply area. Being structure traders key levels give us the safest points to trade from. ❤️Please, support this idea with like and comment!❤️
OANDA:XAGUSDLong
by VasilyTrader
12
SILVER (XAGUSD) | The best place to buy🎯Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In the count we had at higher times, we came to the conclusion that we will have an upward trend. This trend may be for wave 3 from the lead or for wave c from the correction. At this time, a wave has formed in a leading form, which we have labeled as the main wave 1, and now we doubt the beginning of wave 3 or still within the correction process for wave 2. For this purpose, we considered several ranges. The first range is the breaking of the canal roof (green circle), which is a confirmation for the beginning of wave 3 and the ascending trend. The next price range will be 21,000, which will be a downtrend if this range is completely broken. In the next analysis, we will specify in more detail what the ascending and descending scenario is like. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
FX_IDC:XAGUSD
by mahdisoltaninjad
SILVER - XAGUSD - LONG SETUPWe're looking for the LONG in Silver. Market has retraced to the 382 of the whole swing from Mar 2020 - present. It has also retraced 50 of swing higher from December 2021 - present. It has knocked on the door of a trend line connecting tops from May 2021-present. Currently market has come back to retest the breakout are from which it went higher. From here we're are looking for a LONG entry. Target would be the ABCD pattern taking us to 26.400
FOREXCOM:XAGUSDLong
by enzenator
1
MarketBreakdown | EURUSD, USDCAD, GBPCHF, SILVER Hey traders, here is a brief technical outlook of 4 peculiar instruments in my watch list. 1️⃣ EURUSD - 3 days time frame 🇪🇺🇺🇸 Even though last week was very bullish for EURUSD, we should remember that the pair is still trading in a long-term bearish trend. After setting a lower low last week the pair perfectly retraced to a major horizontal zone of supply based on the historical structure. For now, the underlined zone looks respected. I expect a further decline from that. 2️⃣ USDCAD - 12H time frame 🇺🇸🇨🇦 For the last two weeks, the pair is consolidating. The price is trading within a narrow trading range. 1.265 is its support. 1.28 is its resistance. Wait for a breakout of the range to catch the next move or consider intraday trading within the boundaries of the range selling the resistance and buying the support. 3️⃣ GBPCHF - Weekly time frame 🇬🇧🇨🇭 GBPCHF is trading in a bearish trend. Lower highs are perfectly respecting a major falling trend line. Last week the price reached that again. With a high probability, the next bearish move will initiate from there. Look for confirmation on lower time frames to short. 4️⃣Silver (XAGUSD) - Daily time frame 🪙 It looks like the market is forming a bearish accumulation pattern. The price keeps setting lower highs respecting the same lows. Be ready for an occasional breakout attempt of the horizontal support. Alternatively, a bullish breakout of a falling trend line will be a bullish signal. ❤️Please, support this idea with a like and comment!❤️
Short
by VasilyTrader
13