Silveranalysis
XAGUSD - one n single support, what's next??#SILVER.. market have one n single supporting region that is around 30.95 to 31.03
Keep close that region because it is most important key supporting area for now and if market hold it then it means a further buying is still valid.
And keep in mind that it is our cut n reverse area on confirmation.
Good luck
Trade wisely
KOG's RED BOXES - SILVERSILVER:
Key level here is 29.63 with the bias being bullish above.
Retracement needed with support just below at the red box which will need to break to go lower.
Have a look at the previous pinned posts on Red boxes to familiarise yourself with how they are so effective in keeping traders the right side of the markets.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Silver 1D Short Trade : Retracement After Bullish MomentumAfter observing strong bullish momentum in silver over the past few days, the recent price action suggests the potential for a retracement. This setup is based on the daily chart, indicating that silver might be approaching a temporary peak. The anticipated move is towards the 29.800-29.600 area.
The trade is not intended to be short-term but rather based on a daily timeframe, which could span several days or even weeks. The key signal for this trade will be if today’s daily candle closes bearish, confirming the weakening bullish momentum and setting up a favorable short trade.
Trade Setup:
• Entry: Anticipated upon confirmation of a bearish daily close.
• Target: A retracement towards the 29.800-29.600 area.
• Stop-Loss: A tight stop-loss has been placed to manage risk. This will be adjusted as the trade progresses based on daily price action.
Risk Management: Since this is a trade based on the daily timeframe, it’s important to manage the position with the understanding that the trade may take time to develop. The stop-loss is placed tightly to protect against any sudden reversals, but as the trade progresses, it will be adjusted accordingly. This strategy allows for dynamic risk management, where profits can be secured incrementally if the market moves in our favor.
This trade idea is built on the expectation of a cooling down period after recent bullish activity. The key will be the daily close, and traders should be prepared to adjust positions based on evolving market conditions. Stay patient, manage your risk carefully, and let’s see how this trade unfolds.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Poised for a Historic Breakout Beyond $50The chart represents the price action of Silver (XAGUSD) on a weekly timeframe, spanning multiple decades, from the late 1970s to the present. It shows major price cycles, long-term support and resistance levels, and key price patterns. The chart is designed to highlight a large cup and handle formation that appears to be developing over a long period, potentially indicating a significant future breakout.
Cup and Handle Formation:
The chart shows the possibility of a "Cup and Handle" pattern. This is a bullish continuation pattern where the price forms a rounded bottom (the cup) followed by a consolidation (the handle) before potentially breaking out to higher levels.
The cup started forming after the massive spike in Silver prices around 1980 when it hit all-time highs near $50. This was followed by a prolonged decline over the years, forming the rounded bottom throughout the 1990s.
The price of Silver began recovering in the early 2000s, reaching another peak in 2011, followed by another downturn forming the "handle" of the pattern.
The breakout zone for this potential pattern is around $48 to $50, which coincides with Silver’s previous all-time highs.
Resistance Levels:
$50: The most significant historical resistance level, tested during 1980 and 2011, represents a crucial price level. A break above this would signal a major bull run.
$30 - $35: This region is a shorter-term resistance zone. The current price action is pushing toward the $30 handle, with minor pullbacks along the way, suggesting consolidation.
Support Levels:
$14 - $18: There is a strong support range, which Silver tested multiple times in recent years. This level has provided a foundation for upward movements and seems to have formed the lower boundary of the handle.
$20 - $22: A more immediate support level that aligns with previous price corrections in 2016, 2018, and 2020. This zone may provide short-term protection for the price in case of a retracement.
Long-term Perspective:
If the price breaks out of the current resistance levels, the next long-term target could be as high as $80 to $100, based on the magnitude of the cup and handle pattern.
Conclusion:
This chart on Silver presents a compelling case for a long-term bullish breakout. The formation of a large cup and handle pattern indicates that once Silver breaks above the $50 mark, it could potentially reach much higher levels. However, in the short term, there is strong resistance around $30, where consolidation may occur before another attempt at higher prices. A failure to break these levels could see Silver return to the $20 - $22 support zone.
SILVER READY FOR ACTION...MCX:SILVER1! trade at 86900. SILVER FUTURE chart shows its support on previous resistance and ready for moving upside. So you can watch for an upside move.
Silver - Looking To Buy Pullbacks In The Short TermH1 - Bullish trend pattern
Strong bullish momentum
Until the strong support zone holds my short term view remains bullish here.
Silver is Rising!With the weakening of the U.S. labor market, expectations for a 25 basis point rate cut by the Fed remain intact. In this context, U.S. 10-year Treasury yields have turned downward. The dollar's depreciation in yesterday's session led to a recovery in commodities, supporting a rebound in silver prices from the 27.75 level. The inflation data to be released today will provide further clues regarding the extent of the Fed's interest rate cuts.
From a technical perspective, if prices hold above the 28.90 resistance level, a rise to 30.0 and then to 30.80 could occur. On the downside, if the price falls below the 27.75 support level, it could decline to 26.75 and then to 25.70.
GOLD is going to start getting much cheaper in SILVER terms.Gold has been on an absolute tear lately as the de facto U.S. corporate government has been printing and spending FRNs (Federal Reserve Notes) into oblivion. As a result, real money is gaining value against the Federal Reserve's monopoly money. Naturally, those who saw the money devaluation coming have been buying gold to preserve their purchasing power, but silver has been lagging behind, even though it has also been appreciating. Although the price of precious metals is, and will continue to be, on the rise, the price of gold is about to get much cheaper in terms of silver. Instead of buying gold, I believe the best move right now is to buy silver, hold it, and once the exchange rate drops to the 35/45 to 1 area, then exchange your silver for gold.
I believe that in the next year to a year and a half, we will see the price of gold cut in half in silver terms, which means it will take half the silver to buy the same amount of gold, effectively doubling the purchasing power of silver versus gold.
Good luck!
Silver Major Price Levels and Trend InsightsWelcome to my latest Silver (XAG/USD) technical analysis using Gann grid lines! If you're new to Gann analysis, don’t worry—I'll break it down in simple terms.
What Is Gann Analysis?
Gann analysis is a method developed by legendary trader W.D. Gann. It combines geometry, time, and price to identify key levels in the market where price action is likely to react. In essence, Gann theory suggests that markets move in predictable cycles and that certain price levels are more significant than others.
How Does This Gann Chart Work?
In the chart you see above, I've applied Gann grid lines, which create a web of horizontal, vertical, and diagonal lines across the chart. These lines represent price-time relationships and help identify critical levels where Silver’s price might find support or resistance.
Each horizontal line corresponds to specific price levels (in US dollars), while the diagonal lines help capture the trend and potential pivot points.
Key Price Levels
Here’s a breakdown of the most significant levels that you can see marked on the chart:
Resistance Levels:
427.5° = $33.49 (Strong overhead resistance).
405° = $32.05.
382.5° = $30.66.
360° = $29.29.
Support Levels:
337.5° = $27.95 (Current level, a key area to watch).
315° = $26.64.
292.5° = $25.37.
270° = $24.13 (Major support zone).
The numbers next to these levels represent angles or "degrees" in Gann theory, which are important for measuring cycles of price and time.
What Do These Levels Mean for Silver?
Currently, Silver is trading around the 337.5° level ($27.95). This level could act as strong support, and we could see a potential bounce if buyers step in. However, if the price breaks below this, the next significant support level is at 315° ($26.64).
If Silver holds the 337.5° level: We might see a move back up towards $29.29 (360°), followed by $30.66 (382.5°) if the bullish momentum continues.
If Silver fails to hold 337.5°: The price could drop towards $26.64 (315°), which is another strong support zone.
Diagonal Trendlines and Time Cycles
The diagonal lines crossing the chart represent Gann angles, which help forecast turning points in the trend. For example, when price interacts with these lines, it often leads to shifts in direction or momentum. These angles can give clues as to when a price change might occur in relation to both price and time.
Conclusion
In summary, Silver is at a key inflection point. A bounce from current levels could take the price higher toward $29 and beyond, while a break below $27.95 might lead to further downside. Using Gann analysis helps traders understand not only key price levels but also the timing of potential moves, giving a more complete picture of market dynamics.
Silver SellXAGUSD has confirmed its sell mode and going to have a dive again we are having a counter trendline waiting upside which will be most probably rejected and the price will continue to move in its bearish direction ⬇️
Also the confluence is that price is moving under 50 SMA on 1 Hourly TF so we are over all according to our time frame so we will have a bearish trade based on price action confirmation
We are watching price closely before taking any other decision
SILVER - near to his resistance? what's next??#SILVER.. market just near to his today resistance area 28.23 keep close that area because if market holds then drop expected from here.
dont be lazy here.
good luck
trade wisely
Silver little bleak and weak now, but will shine later and how. Shadow of Silver today is greyish. As if the fading moon after a full moon day. Silver may consolidate between 82 to 78K levels. If 78K is broken by any chance, the threat of it falling to the levels of 65-68K looms large. If it reaches 65 to 68K level by any chance, Silver become a must accumulate commodity. On a long term time frame (14 to 28 months) Silver looks all set to cross 100K mark. If there is some global event that bring uncertainty, Silver can reach 100K sooner. Keep Watching this commodity. It is an accumulate at lower levels.
SILVER - NEW BREAKOUT !Hello Traders !
The SILVER price failed to create a new higher high.
Currently, The last higher low is broken !
So, I expect a bearish move📉
_____________
TARGET: 27.56800🎯
XAG/USD "SILVER" Robbery plan to steal the money in long SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist XAG/USD "SILVER" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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Silver Plunges Faster-Further on USDX Strength to 101.50
The Silver-price I noticed was holding up strong during this week because it's Chart until yesterday (Friday) was much stronger than Gold's chart. But as Gold sold-off on strength of the USDX rebounding to 101.50, as I'd been saying was about to occur, the Silver-price sold off savagely.
This is the hourly chart for Silver.
This is a 5 minute chart of where Shorter's consolidate into positions at Silver's weakness zone.
* I hope this analysis helps you with your own trading.
* Please don't rely solely on my own financial advice or analysis of the Silver-price.
Silver / U.S. Dollar - Silver about to shine?Hey Traders
We have silver here bounced out of demand zone, I am sorry but we should of been in this set up already from demand zone, unforeseen circumstances this week I have been away from charts, I have had this set up planned for a couple weeks now and my fundamentals line up very well, but no worries we can still get in so I am expecting silver to shine again and I'm looking to buy only. details for set up in the chart.
Please like comment and follow cheers
This chart material is for education purposes only / Demo account should be traded only
Silver has a Great chance to Reach 300% or 30.000 Points.Im pretty sure that silver will reach 30k.
so its time now for you to invest in silver buy side.
my yesterday analyses were true as well.
so try my tips and earn profit.
Short setup Silver: Please see chart.XAGUSD Short setup.
Price is retracing back to the neckline.
I will be shorting this on a bearish cancer or impulsive move with volume
Trade for Monday : Buy the Silver Price: Long-Term Trade.
Silver is about 9% off it's high price for 2024.
I see this trade as a longer term setup going into September.
Daily & Weekly Charts are very supportive of the Silver Price.
Stop Loss: 28.45
28.45 is right under a fair-value-gap from a bullish candle that formed on 16th Augt. recently.
28.45 is about 4.83% under current price, so represents a very good R:R as we take this trade up much much higher.
Entry Level:
To be determined during European/London session during tomorrow (Monday trading)
SILVER - NEW BREAKOUT Hello Traders !
The Silver price failed to create a new lower low !
Currently, The resistance level (28.572 - 29.228) is broken !
So, I expect a bullish move 🚀
________________
TARGET: 30.35800🎯
Silver XAGUSD Bearish Robbery Plan to steal EverythingMy Dear Robbers / Traders,
This is our master plan to Heist Silver XAGUSD market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
SILVER XAG/USD Money Heist Plan on BullishMy Dear Robbers / Traders,
This is our master plan to Heist SILVER "XAGUSD" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
