silver ( xagusd ) Long Term Trading IdeaHello Traders
In This Chart silver HOURLY Forex Forecast By FOREX PLANET
today silver analysis 👆
🟢This Chart includes_ (silver market update)
🟢What is The Next Opportunity on silver Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Silverlong
silver ( xagusd ) Long Term Trading IdeaHello Traders
In This Chart silver HOURLY Forex Forecast By FOREX PLANET
today silver analysis 👆
🟢This Chart includes_ (silver market update)
🟢What is The Next Opportunity on silver Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
SILVER BULLISH DOUBLE BOTTOM FORMED Hello traders so XAGUSD Formed a Classic bullish reversal pattern the double bottom
so we might expect a bullish reaction.
OUR BULLISH CLUES :
-the price formed a double bottom on a key support level (M30-M15 TF)
-RSI BULLISH DIVERGENCE
the breakout and retest of the neckline will be our confirmation .
leave a like and follow if you found this helpful i post weekly setups and signals on my tradingview .
this is not financial advice just my humble opinion.
Silver 4H (Pivot Price: 22.95)Silver
stabilizing above 23.14 will support rising to touch 23.45 then 23.60 then 23.80
stabilizing under 22.95 will support falling to touch 22.81 and then 22.61
Pivot Price: 22.95
Resistance prices: 23.45 & 23.60 & 23.80
Support prices: 22.81 & 22.61 & 22.45
timeframe: 4H
Silver 4H (Pivot Price: 24.56)Silver
Hello,The silver price is facing negative pressure to try to break the 24.56 level, affected by the negativity of the Stochastic indicator.
stabilizing above 24.56 will support rising to touch 24.82 then 25.04 then 25.27
stabilizing under 24.56 will support falling to touch 24.31 and then 24.06
Pivot Price: 24.56
Resistance prices: 24.82 & 25.04 & 25.27
Support prices: 24.31 & 24.06 & 23.84
time frame: 4H
Silver - LONGThis is worth a try here - LONG;
Overall environment is a mixed bag, with a strong deflationary bias at the moment. Rates (and the $) is sitting smack in the middle of all possible ranges thus, anything can happen here - and most likely will. If this doesn't turn here (quickly!) then it's no good. (Gotta watch it closely, with narrow stops.)
I got firts signal for gold and silverSo this cycler willl be two years. So if they can as well will be still in hold...but with all economy (what was in last paar years and now what is coming) just van bot be hold more last weeks for last buy option...may be last try to shake ...but don't think-. Good luck Damen in heren
Silver ~ Snapshot TA / Bullish ConsolidationTVC:SILVER rallying to the upside & revealing its Bullish inclinations ahead of key Global Economic events.
Fibonacci Extension doing a great job identifying key Demand/Supply zones to watch for smaller-timeframe trend rejection/continuations.
Dashed horizontal lines (~25.26/~22.21) highlight key Make or Break levels for longer duration Swing Trades.
Golden Pocket/Gap Fill confluence presents interesting Stink Bid opportunity if Silver price action turns to disaster.
Boost/Follow appreciated, cheers :)
OANDA:XAGUSD COMEX:SI1! COMEX:SI2!
Why Silver could reverse NOW!Hi Traders,
Silver is at a interesting zone right now.
One the one hand the longterm long trend is still valid. But we are close on the last low at $22.1
At this zone we have a massive support with last Daily low and also longterm daily trendlie.
Looking at today´s candle it seems that we might get a long reversal (possible bullish engulfing).
TP could be the Zone arround $24.4 where we have a resistance with also some key points and another trendline.
Wish you all great success!
Team tegasFX
XAGUSD - USD Continues To Get Weaker?Analysis:
Upwards trend (bullish confluence factor)
Break & retest of previous area of resistance for support (bullish confluence factor)
38.2% fib retracement level touch (bullish confluence factor)
Upwards trendline close by (bullish confluence factor)
6K long position decrease for the USD (bullish confluence factor)
Stay Safe - The JPI Team
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you!
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
XAGUSD Spot Silver Rises LONGI analyze that the XAGUSD pair is trending up mainly due to the fall of the USD dollar .
On the 60-minute chart, in the context of the volume profile an anchored VWAP as
well as the MACD indicator of Chris Moody and the Volume Price Trend, I see an tend
up for the pair from the fall as part of the market shift mid-day on Thursday.
The stop loss is at the support line and the target at the horizontal resistance. If traded
accurately in a leveraged forex environment a simple trade like this could yield significant
realized profits especially if the stop loss is carefully raised at regular intervals using
simple visual "eyeballing" or a mechanical approach using ATR.
XAGUSD - Silver Continues To Rise?Analysis:
Taking a look at the chart we can clearly see that price is in an upwards trend. We're forming higher highs and higher lows which helps confirm this as well as the upwards trendline that is present. Price today has pulled back to an area of interest to us as this level previously held as resistance. As we know resistance often becomes support when broken so this previous area of resistance looks like a place where we could see buyers step in and push price higher. Looking at our extra confluences we don't have a fib retracement level of a trendline that lines up with our area however both of these confluences are close by, but this isn't why we took this setup. We took this setup now as we're at an area of possible support and we have the fundamentals in our favour. Fundamentals are what drive the markets so if we have a strong fundamental bias then that is more of a reliable signal then any technicals would be. Fundamentally recently we've seen the USD become weaker and as of the most recent report for COT data we saw an increase of 7K long position but we also saw an increase of 8K short positions on the USD so this is bearish for the USD, meaning that this is a bullish confluence for our bias. Overall we have a strong fundamental reason to be bullish on this pair and we've seen an opportunity present itself on the technical aspect as well. This is why we are currently bullish on Silver.
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you!
Stay Safe - The JPI Team
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Silver 4H Pivot Price: 24.98Silver
stabilizing above 24.98 will support rising to touch 25.16 then 25.35 then 25.53
stabilizing under 24.98 will support falling to touch 24.65 and then 24.50
Pivot Price: 24.98
Resistance prices: 25.16 & 25.35 & 25.53
Support prices: 24.65 & 24.50 & 24.20
timeframe: 4H
AGQ- A Silver on steroids ETF LONGAGQ a leveraged ETF of silver and its futures, spent mid-March to mid-April on a great
uptrend from which it pivoted down in a 50% Fib. retracement which took two months
to complete. After a bit of consolidation and sideways channeling, it has finally launched
into bullish continuation as shown on the daily chart. The Lorentzian AI machine learning
indicator printed a buy signal today as it reacted to a green engulfing candle crossing the
mean VWAP anchored from the pivot low of mid-March. This indicator has extreme accuracy
in its signals as demonstrated on its tables. On the MTF RSI indicator, the low TF RSI has been
riding above the higher and crossed the 50 level one week ago. The zero-lag MACD is
confirmatory. Overall AGQ is ready for a swing long trade which I will take. I will zoom
into a 30-60 minute time frame and look for a pivot low from which to enter. My target
is the line showing two standard deviations above the anchored mean VWAP presently
about 36.3 representing at least 20% potential upside and profit. The stop loss will be
narrow with the price presently at the mean VWAP and POC line of the visible range
volume profile I will set it at 29.85. ( The risk to reward is approximately 1:40 )
DYODD !
XAGUSD I Overextended "W" formation Welcome back! Let me know your thoughts in the comments!
** XAGUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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China Solar Demand Surges and Silver Mining Supply ConstrainedChina, the global powerhouse, has recently witnessed an astounding surge in solar demand, skyrocketing by a remarkable 14%! This tremendous growth is a testament to the country's commitment to clean energy and sustainability. As investors, we can capitalize on this upward trajectory and positively impact our portfolios and the environment.
In addition to the soaring solar demand, the mining supply of silver, a precious metal with diverse industrial applications, is facing constraints. This development presents an intriguing scenario for those seeking to diversify their investment portfolios with a long-term perspective. Silver's versatility and pivotal role in various industries, including solar energy, electronics, and healthcare, make it an attractive asset.
Now, how can we seize this opportunity? Well, the answer lies in strategically adding silver to our investment portfolios. By doing so, we can benefit from the increased demand driven by China's solar growth while also taking advantage of the supply constraints in the silver mining industry.
As investors, staying ahead of the curve and proactively identifying emerging trends and opportunities is crucial. Therefore, consider including silver in your long-term investment strategy. Its growth potential and the positive environmental impact of supporting clean energy initiatives make it an exciting prospect for any forward-thinking investor.
Remember, investing is not only about financial gains but also about contributing to a sustainable future. By adding silver to our portfolios, we can align our investments with our values while potentially reaping substantial rewards.
Exciting Opportunity: Will Silver Bounce Off the MA50 Again?Our favorite shiny metal, silver, is gearing up for another potential bounce off the MA50, and I couldn't be more thrilled about the possibilities it presents.
As avid silver traders, we have witnessed the power of technical analysis and the significance of key moving averages. The MA50 has proven to be a reliable indicator, acting as a strong support level for silver's price movements. And guess what? It's happening again!
Over the past few weeks, silver has been exhibiting a fascinating pattern, aligning itself with the MA50. This convergence has historically led to significant upward movements in silver's price, making it an ideal time to keep a close eye on this precious metal.
You might be wondering why you should be excited about this. Well, my fellow traders, the potential for substantial gains is again within our grasp! By putting silver on your watchlist and staying tuned to its price action, you can seize the opportunity to capitalize on a potential bounce off the MA50.
Here's your call to action: Add silver to your watchlist today. Stay vigilant, keep a close eye on the MA50, and be prepared to take action when the time is right. This exciting opportunity could lead to remarkable profits, and you will want to take advantage of it!
As always, please remember that trading involves risks, and conducting thorough research and analysis is essential before making any investment decisions. Stay informed, stay disciplined, and always trade responsibly.