SILVER : FOLLOW GOLD ON DOWNSIDE : CMP 22.40Silver follow gold and extending correction in Weekly timeframe Correction...silver expected to fall upto levels 20.85...can shot at current price for tgt 20.85 with SL 23
Silvershort
SILVER top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis
Silver- Best place to sellIn my past Silver analyzes, I said that XagUsd is more bearish than Gold and the H&S trap confirmed this scenario.
Now, as in Gold's case, Silver is in a small correction and this can give us the opportunity to open short trades at better prices.
24 zone I expect to be very well offered and there we should search for selling opportunities.
Only Silver above 24.80 would change my bearish opinion
Silver- More bearish than GoldLike its bigger brother, Gold, Silver also has a good start this month, with the price rising around 2500 pips or around 10%.
However, after breaking above the neckline of an H&S, the price stalled and lacked strong continuation. Instead found a strong ceiling at 25.50 and yesterday's rally above resistance for Gold wasn't matched with a rally above 25.50 for Silver.
This consolidation above the neckline looks like distribution to me and a drop under 24.70 could accelerate losses towards 23 zone support
I will look to sell rallies and a daily close above 25.50 would negate this scenario
Silver: Slowdown Slowed Down! 😟😟😟There is a lot for the silver price to do. Overall, we expect the price to fall under $21.41, but the correction was slowed down by the bulls. As long as the price can stay below $24.94, the primary scenario is intact.
Let's see if the bears can pull the course back down!
SILVER:DOWNTREND|PRICE ACTION ANALYSIS| PRICE IS GOING DOWN... ⚡Welcome back Traders, Investors, and Community!
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SILVER : DOWNTREND | DOUBLE TOP SHORT IDEA...Welcome back Traders, Investors, and Community!
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Silver: Perfect Hit! 💯💯💯The silver price hit the target of the countermovement at $24.54 perfectly. Now, in order to also continue this perfect movement, it needs to fall. Overall, the price should approach areas below $18.82. Another increase has a probability of 35% and would need the silver price to surge past $24.94 to realize.
Happy weekend!
XAGUSD Trading Plan - 19/Oct/2021Hello Traders,
Hope you all are doing good!!
I expect silver to go Down.
Look for your SELL setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Unfiltered Silver Analysis for Pure Pragmatists 🎨🥈📉Please leave your feelings at the door.
We are here to art charts and live large.
Silver is in an objectively observable Bear.
Zero yielding rocks, down. Tech with utility, up.
Raw Truth
TVC:SILVER
AMEX:PSLV
FX_IDC:XAGUSD
COMEX:SI1!
AMEX:SLV
SILVER 4HSILVER
4 HOUR TIME FRAME
NEUTRAL MOVEMENT + SHORT POSITION
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SolarFX
Divergence signals and selling opportunities with XAGUSDH1 time frame.
Structure: downtrend.
A divergence signal and double top pattern appeared with XAGUSD.
Wait for the price to break the Key level at 22.210 and have a confirmed retest move, then you can look for selling opportunities.
The profit target is the zone of 21.400.
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Wish you all have a good trading day!
Silver is heading lowerHi there,
Silver is preparing for the next move lower, we are just making a correction in smaller timeframes for the next target between 19 to 17 usd, watch price action at smaller timeframes and short at the breakdown of the bearish triangle formation. Dxy is also heading higher and preparing a breakout, which gives us confirmation of the down move on silver.
Good luck
SILVER DOWN TO 22?Silver has formed a hanging man on the H4 at a lower low after multiple rejections of a recent strong resistance zone for a possible move down to the 22.0 price area. This is supported by the overall downtrend that silver has been in.
Silver: Landing! 🪂🪂🪂The bearish trend continues for the silver price. As long as the price remains below $24.94, we expect it to decline further. In total, the silver price should fall below $20.54.
Be patient!
XAGUSD the downtrend continues in Silver 04 Oct, 2021From my daily chart, note the S/R levels (zones) at 24.00 and 22.60.
Also see:
- a downtrend that began in May.
- for the most part, price has been contained below the 20 ema.
- a break below 22.60 and price has now pulled back.
As long as we are below 24.00 on a daily close basis, my bias is to the down side. I am anticipating a continuation of the bearish trend either immediately or a rejection at the 20 ema again. The next major support comes at 18.60 region, although we could see some stalling around 22.116.
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Always use sound money and risk management in all your trades.
SILVER IN BIG TROUBLE!If Silver holds below 22 on at weekly close then i will be looking at bears pushing price down to 19! 22 is such a key level as you can see on my chart this level has been used many times as key support and resistance, and taking into note that this is the weekly timeframe this makes this level VERY strong.
On the daily if you take a look yourself i am looking for price to push up to 22 and retest this broken support as resistance before pushing down, so this is where i will be looking at taking sell trades from.
Silver is heavily manipulated by the big banks as they want to keep the price down and make the USD look strong when the USD is far from strong! Silver is well below value as it is used in everyday items and supply is running out, so i can see Silver making a massive upwards move if we do hit that 19 target.
I am very bullish long term on Silver as you will know if you watch my YouTube channel, but this doesn't mean we cant see short term bearish moves. 2022 will be a massive year for Silver to make some big bullish moves.
If you would like any help then please message me.
Thanks.
SILVER : WEEKLY TRADE PLAN UPDATEhi traders and followers.. i wish u all the best in your trading
so this is my trade plan for this week. For those who are unfamiliar with the trade plan and structure, please see my earlier post.
as for silver.. Silver is trading sideways and showing rejection at $23.14 after last week's breakout to a new low on the daily chart.
again same with gold.. any breakout below 21.66265 is opportunity to buying dip
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Silver- Strongly bearish under 22.50Yesterday I've argued that Silver can drop hard if it breaks the flag pattern.
After the spike on FOMC XagUsd has dropped again, giving us a clear signal that the pressure is on the sell-side and at this moment is trading at 22.60, exactly above the horizontal short-term support and the ascending trend line of the flag.
I maintain my bearish outlook and I'm looking to sell rallies or directly the break.
The target can be the measured one at 21 or, in the short term, 22.30, the recent low support
XAGUSD - Silver one more leg lower? Hi Guys, XAGUSD Silver is completing a correction and it seems like it will make an impulse to the downside. Watch it closely.
Trade with care !
Silver: Bearish! 😲 😲 😲For the silver price, the bearish scenario is continuing, and we are expecting the price to fall under $21.81. However, there is a small chance of 20% that the course comes back and increases above $26.09.
Short, short!
Silver- Sell the breakIn yesterday's comment, I said that Silver is weaker than Gold and bulls don't have power.
As we can see from the H1 chart, the rise from the recent low is very anemic and is drawing a bearish flag.
I expect a break down for silver and short term traders can target 21 zone for a more than 1:3 R:R
Silver can drop to 19Unlike Gold, Silver is weaker and the price couldn't correct the drop, instead consolidated in a tight range.
At this moment the price is exactly in a strong support zone and considering the incapacity of correcting, I expect a break and a hard fall for XagUsd
My target is 19 and only Silver back above 23 would negate this bearish scenario
