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SILVER PROJECTION Here's my projection for Xag this week. PS: price would do what it wants to do regardless We cleared the high of the second week of the Month 34.067 and close bearish last week. Hence my anticipation that price is going to clear the los of the second week as well which is 31.789 taking that as my draw of Liquidity 🧲. Shuffling down to H4, everything now depends on confirmation. Price may react from 33.302 and continue to the downside or price may decide to go and test that 33.597 zon before the sell continuation. Watch out for these zone for trade opportunity. Kindly boost if you find this insightful 🫴
FX:XAGUSD
by HallowAdept
XAGUSD - Silver on the rise?!Silver is above the EMA200 and EMA50 on the 4-hour timeframe and is moving within its medium-term descending channel. If a valid trendline break or bullish correction is observed, silver can be re-sold and followed to the specified support level. Looking ahead, analysts predict that rising economic uncertainty will drive stronger investment demand in Western markets. In recent weeks, consumer sentiment has dropped to its lowest level in years, while concerns over inflation have intensified. Experts argue that stagflation provides an ideal environment for gold, as the precious metal is widely regarded as a safe-haven asset during economic instability.Additionally, higher inflation leads to lower real yields, reducing the opportunity cost of holding gold, which does not generate interest. Major investment firms, including WisdomTree and Goldman Sachs, believe that despite the possibility of short-term corrections, gold remains on track to reach $3,000 per ounce this year. In another indication of investor sentiment, analysts at BMO Capital Markets reported that gold and copper were the most discussed commodities at their exclusive mining industry conference. Interestingly, silver ranked as a “distant third” in terms of interest. While downside risks for gold still exist, focusing on the long-term outlook remains crucial. Daniel Ghali, a senior commodities strategist at TD Securities, stated that gold is in a unique position where it can appreciate regardless of the U.S. dollar’s performance. Meanwhile, silver’s physical supply flows and structural deficit could make it a long-term winner in the market. Ghali also noted that even as Washington considers devaluing the U.S. dollar to enhance export competitiveness, the currency’s strength is actually supporting higher gold prices. He remarked, “What’s fascinating about this gold rally is that, contrary to conventional wisdom, I genuinely believe a strong U.S. dollar has contributed to gold’s price increase.” He added, “One of my core beliefs is that market anomalies can teach us invaluable lessons.” According to Ghali, gold’s exceptional performance last year was highly unusual. He explained, “Gold managed to rally even during periods of rising U.S. interest rates and a strong dollar.” He also pointed out that historically, gold has only twice exhibited such strong performance alongside a robust S&P 500 index. The first instance was in 1933, when the U.S. government revalued gold, and the second occurred in 2009, during the most significant round of quantitative easing (QE) policies. He emphasized that gold has never sustained such a strong uptrend without a concurrent bearish market for the U.S. dollar. Ghali concluded, “Clearly, gold’s price strength represents a market anomaly, and I believe this sends a message to those willing to listen.” Regarding silver, Ghali argued that the metal is no longer seen as a lesser counterpart to gold. He said, “Silver has a truly unique narrative. We are now entering the fifth consecutive year of a structural deficit. The imbalance between supply and demand is unprecedented, primarily driven by surging demand, particularly in the global solar energy sector.” He continued, “Silver’s situation is different because we are transitioning from a demand surge to a liquidity crisis. The physical pull of silver from London to the U.S. has been so intense that it has placed enormous strain on the world’s largest bullion storage system, disrupting daily physical market trading.” He added, “We believe this situation could worsen, ultimately requiring higher silver prices to incentivize the return of supply from unconventional sources to London.”
OANDA:XAGUSDShort
by Ali_PSND
SILVER at Key Resistance Zone - Sellers Ready to Step In?OANDA:XAGUSD is testing a key resistance zone, an area that has previously triggered strong selling pressure, making it a key level to watch. If rejection occurs at this zone, such as through wicks, bearish engulfing patterns, or an increase in selling volume, sellers could regain control and drive the price lower toward the 31.650 target. This aligns with a short-term pullback scenario within the broader market structure. However, a sustained breakout above this resistance would invalidate the bearish outlook, potentially opening the door for further upside. This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in. Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments. Best of luck , TrendDiva
FOREXCOM:XAGUSDShort
by TrendDiva
1
SILVER at Key Resistance: Correction Ahead?OANDA:XAGEUR is currently approaching a key resistance zone. The ongoing bullish momentum may face exhaustion as price reaches this area, making it a potential turning point. If bearish confirmation appears, such as rejection candles or a bearish engulfing pattern, I anticipate a pullback targeting the 29.49615 level. This area represents a logical target within the current market structure, reflecting a possible short-term correction. This setup aligns with the idea of trend exhaustion near resistance. If you agree with this analysis or have additional insights, feel free to share your thoughts!
OANDA:XAGEURShort
by DanieIM
1
SILVER - Potential Short Setup at Key Resistance LevelOANDA:XAGUSD is currently testing a key resistance level, presenting a potential sell opportunity. If price fails to break above and holds below this resistance, a downward move towards 30.61800 could be expected. A rejection at this level—confirmed by a bearish candlestick pattern or strong selling pressure—would strengthen the bearish outlook. Traders should watch for signs of failure to break resistance, which would support the short position. However, if the price breaks and closes above resistance, the bearish scenario would be invalidated, and the bias would shift to the upside. This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in. Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments. Best of luck , TrendDiva
OANDA:XAGUSDShort
by TrendDiva
1
XAGUSD - Silver Awaiting Higher Numbers?!On the 4-hour timeframe, silver is above the EMA200 and EMA50 and is moving within its ascending channel. If the correction continues, we could see the channel bottom. A consolidation above $31 will provide us with a path for silver to rise to the supply zone, where we can sell with a risk-reward ratio. South West Pinnacle Exploration Ltd JV has announced plans to commence exploration for copper, gold, and silver in Block 22B in Oman. The company has signed a concession agreement for this block, which is believed to hold significant potential for further mineral discoveries. Despite some challenges, Hansen, Head of Commodity Strategy at Saxo Bank, holds a more optimistic view on silver due to its dual role as a monetary and industrial metal. He stated, “In 2024, increased industrial demand contributed to a physical deficit in the silver market. Sectors such as electronics and renewable energy, especially photovoltaic (solar) technologies, played a major role in driving this demand.” Hansen predicts that steady industrial demand will keep silver in a supply deficit heading into 2025. This deficit could be further exacerbated by rising financial or “paper demand” through financial instruments like exchange-traded funds (ETFs). (“Paper demand” refers to financial transactions without physical backing, such as futures, options, or ETFs, as opposed to physical commodity purchases.) Hansen also forecasts that silver will continue to outperform gold, expecting the gold-to-silver ratio to decline from the current level of 88 to around 75. His positive outlook on silver aligns with his broader perspective on the commodities market, where he sees greater potential for metals linked to the electrification of the global economy compared to those tied to construction. He elaborated: “Among industrial metals, we maintain our long-term positive outlook on those that support the energy transition, particularly copper and aluminum. These metals are crucial for investments in power grids and the rapid expansion of renewable energy installations, including electric vehicles, solar panels, and wind turbines. On the other hand, we see limited potential for metals like iron ore and steel, which are heavily reliant on construction sector demand.” Meanwhile, trade tensions between the United States and China, which escalated early in Trump’s presidency, appear to be easing. Many major companies, including Nike, Amazon, and Apple, stand to suffer significant losses if tariffs are increased. On the other hand, China has indicated that it is prepared to take retaliatory measures against any new tariffs, which could push Trump toward negotiation rather than confrontation. In response to Trump’s threat of imposing new tariffs on Chinese goods, China’s Ministry of Commerce stated: “China is willing to work with the United States to promote the sustainable and healthy development of economic and trade relations.”
OANDA:XAGUSDShort
by Ali_PSND
XAGUSD - Silver, waiting for the start of the upward trend?!Silver is located between EMA200 and EMA50 in the 4-hour timeframe and is moving in its descending channel. If the decline continues, we can see a support limit. Stabilization of silver above the resistance range will provide us with the path of silver up to the supply zone, where we can sell in that range with a suitable risk reward. In 2025, it might be wiser to adopt a contrarian approach, as the upcoming year has the potential to be one of the most turbulent, especially in the commodities market. The return of Donald Trump as the President-elect of the United States brings the threat of disrupting global trade flows through the imposition of heavy tariffs on U.S. imports. With a Congress led by Republicans, there seems to be little to restrain him this time. Furthermore, there remains significant uncertainty regarding the economic trajectory of China, the world’s second-largest economy and the biggest buyer of commodities. Historically, the dollar tends to perform strongly in January and February. Interestingly, last month also saw a 2.6% rise in the DXY index, breaking a seven-year streak of December weakness. This performance suggests that macroeconomic factors and expectations around Trump’s policies were strong enough to counteract the usual seasonal drag. As the year begins with a positive phase for the dollar, any shift in the current narrative sustaining the dollar’s strength through the end of the year would require a significant change in economic dynamics. The U.S. dollar started 2025 with a slight dip but quickly resumed its upward trend, as the fundamental drivers of the U.S. economy remain intact. The Federal Reserve, adjusting its projections downward, indicated that there might only be two rate cuts in 2024. This stance has further widened the yield gap between the U.S. and other major economies, as central banks in other regions move towards more accommodative monetary policies. Kugler, a member of the Federal Reserve, recently stated that the U.S. economy ended 2024 in good shape, exhibiting solid growth. He noted that the Federal Reserve is likely to take its time before implementing future rate cuts and sees no urgency in this regard. Meanwhile, questions remain about whether inflationary pressures will continue to persist. Kugler also highlighted improvements in productivity and labor supply, which have played a key role in strengthening the economy. He emphasized that the labor market still appears stable, with the current unemployment rate remaining at historically low levels. Even as the labor market cools gradually, real wages remain elevated. Overall, while the labor market is slowly losing heat, it continues to demonstrate resilience. Similarly, the disinflation process is steadily progressing at a consistent pace.
OANDA:XAGUSDShort
by Ali_PSND
Silver is in the Bearish trend after testing ResistanceHello Traders In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET today XAGUSD analysis 👆 🟢This Chart includes_ (XAGUSD market update) 🟢What is The Next Opportunity on XAGUSD 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
OANDA:XAGUSDLong
by ForexMasters2000
Silver- Obvious Head and Shoulder pattern, with great potential!Hi guys, today we are overlooking Silver (XAG/USD) with some great Technical analysis. Currently the overview is on a 1D time frame making this opportunity Mid-Term as to how much time we would expect it to reach it's destination. Currently as we can see on the chart there has been a perfect formulation of the typical Head and Shoulders pattern. Additionally I would say on a shorter term the overall price has entered and formuilated a Descending Channel, which boost's our confidence in the price action that we are expecting. Additionally we are looking into the fundamentals so we can get the extra confidence in the price action that we are targeting. Entry: 29.31 Target: 26.60 which is just above the Strong Support Level Do let me know what you think about this analysis in the comments and what is your overview on this great Precious Metal.
TVC:SILVERShort
by DG55Capital
Silver Short Setup: High-Probability Sell Targeting SSLFollowing the HTF bearish bias, silver is presenting a high-probability short setup. Price has respected both LTF and HTF Fair Value Gaps (FVGs), aligning with the overall downtrend. Additionally, the 30 MA has been decisively broken, adding confluence to the bearish narrative. Key Points: - HTF bearish bias confirmed with respect to FVGs on multiple timeframes. - Price broke below the 30 MA, signaling a shift in momentum. - High-probability sell setup targeting previous day’s low, where sell-side liquidity resides. - Equal lows (EQL) observed at the target level, increasing the likelihood of a liquidity sweep. Trade Idea: - Entry: Around 29.30 after price confirms rejection from FVGs. - Target: Sell-side liquidity at 28.78 (previous day’s low). - Risk: Ensure proper risk management with a stop loss above the FVGs for protection. - The setup aligns perfectly with ICT principles, leveraging liquidity sweeps and fair value gaps for high-probability entries. As always, DYOR before taking any trades. DYOR :)
OANDA:XAGUSDShort
by INSIDER_INTEL
Silver Sell-Off Alert: 10% Drop Dead Ahead● After hitting a high of $34.87, the price entered a notable consolidation phase, eventually created a Head & Shoulders pattern. ● Following the breakdown from this pattern, the price also fell beneath its trendline support, paving the way for a more significant decline. ● Immediate support is anticipated at the $27.8 level. ● If the price drops below this threshold, it could plummet to $26.5, representing a 10% decrease from the current position.
OANDA:XAGUSDShort
by NaranjCapital
Fri 13th Dec 2024 Daily Forex Charts: 8x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 8x new trade setups this morning. As usual, you can read my notes on the charts for my thoughts on these setups. The trades being a EUR/USD Sell, GBP/USD Sell, Silver Sell, AUD/CHF Buy, EUR/AUD Sell, GBP/AUD Sell, AUD/NZD Buy & CAD/CHF Buy. I also discuss some trade management. Enjoy the day all. Cheers. Jim
by JAGfx
17