Get started

Silversignal

20 REASON FOR BUY SILVER 1 Structure analysis time frame DAILY 2 target time frame :DAILY 3 Current Move :IMPULSE 4 Entry Time Frame : H4 4.1 Entry TF Structure: BULLISH 4.2 entry move : CORRECTIVE 5 Suppot resistence base :H4 FAIR VALUE GAP 6 FIB: DISCIUNTED AREA FILLED 7 candle Pattern: PANIC BOTTOM 8 Chart Pattern: LOWER HIGH 9 Volume : AVERAGE 10 Momentum UNCONVENTIONAL Rsi: SIDEWAYS 11 Volatility measure bollinger bands: LOWER BAND FAKE BREAKOUT BULLISH 12 strength ADX: SIDWWAYS 13 Sentiment ROC: BULLISH 14 final comment : LONG 15 : decision : BUY 16 Entry: 19.178 17 Stop losel: 18.968 18 Take profit: 20.950 19 Risk to reward Ratio: 1:10 Excepted Duration : 5 DAYS
TVC:SILVERLong
by Optimum369
1
Silver analysis: How far the bear market rally might go?Silver is in the midst of a bear market rally, up 8% in the last two weeks and 13% since the end-of-August lows. Although silver prices are still 23% below the peak reached in March, recent price movements suggest that silver is attempting to make a trend reversal at these levels. Slowing market pricing for Fed interest rates next year has prompted the rally in silver prices over the past weeks. Investors reduced their forecasts for interest rates in the second half of 2023, and in the last week they priced in a first drop of 25 basis points after Fed funds are expected to reach a high of 4.9% in the first quarter of 2023. An asset like silver that is extremely vulnerable to US interest rates has been granted some breathing room by both the decrease in Treasury yields – the US 10y yield has dropped by 30 basis points in the past week – and the weakening of the US dollar – with the DXY index falling below 110. Silver has been strongly and inversely correlated with the US dollar performance throughout the year. The Federal Reserve meeting next week poses a concern because it could reignite hawkish arguments about the need to curb inflationary increases, which might halt the silver's rally. However, understanding how likely the Fed views a recession in 2023 will be critical, given the market builds many of its expectations for the conclusion of the hiking cycle next year on this matter. A new attempt to break the 23.6% Fibonacci retracement level (2022 max-min range) can be seen on the daily silver technical chart. Sellers fought back hard at this level in September, pushing prices below the $19.7–20 zone. This level was breached in early October, causing prices to rise to $21.1-21.2 (38.2% Fibonacci). Momentum indicators indicate that bullishness is gaining traction. The 14-day RSI surpassed 50 days once more, and the MACD indicates a bullish crossover close to the zero line. If silver is successful in breaking over $19.8, a new overshoot toward $21.1 or $21.6 (200-day moving average) is possible. At that point, sellers might resume offering fierce pushback. Next Wednesday, a very hawkish Federal Reserve could return to exert downward pressure, leading to a retest of the 18.2 support level. Idea written by Piero Cingari, forex and commodity analyst at Capital.com
CAPITALCOM:SILVER
by Capitalcom
Silver can rise 3000 pipsAfter the recent drop under 18, Silver corrected higher and reached 19.50-19.80 resistance given by the horizontal level and the falling trend line of a falling wedge pattern. A new drop followed, but this new attempt of breaking under 18 failed (at least so far) Considering the importance of the 18 zone support, a level that offered resistance back in 2019 and 2020, I expect a reversal to the upside from Silver and bulls can buy against the recent low with 20.60 and 21.80 in extension as targets. I will remain bullish as long as 17.80 is intact
OANDA:XAGUSDLong
by Mihai_Iacob
10
SILVER SHORT TERM BULLISH OUTLOOKThe price of the precious metal rose today, recovering from previous losses. But it still keeps raging, expecting the Fed interest rate decision. Technical indicators are suggesting entering into long position, MACD histogram is above 0 line and RSI is above the neutral 50 line, which might provide a speculative short term opportunity for traders to get advantage of. In this scenario the price of the instrument might test the levels of 20 dollars, on the other hand, if the trend reverses, the price might reach its previous support level at 18.75 Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
TVC:SILVERLong
by legacyFXofficial
XAGUSD - potential setupsFX_IDC:XAGUSD Hello everyone! 🛎 Let check the trading idea for XAGUSD 🤗 Not making anything difficult everything is pretty straightforward. 👉 1. Price goes ABOVE the selected range on the picture. Long positions to activate. 🟢 👉 2. Price goes BELOW the selected range. below. Short positions to activate. 🔴 ---------------------------------------------------------------------------------------------------------------------------- ⚠️ Important Notes: 1. Always follow your trading plan regarding entry, risk management, and trade management. ❗️❗️❗️ 2. Timeframes: up to H4 ---------------------------------------------------------------------------------------------------------------------------- 😉 If you like the idea there was a like 🚀 and sign up so you can continue receiving great ideas like this one and also for us to make pattern the idea! 🤝 💪 Profitable lock for everyone! 🙏
FX_IDC:XAGUSD
by Solidity_best_options
4
My new silver idea...Based on the Fed's adamant nature on raising rates over the next two meetings, I see weakness in the silver price. But not much more. I think the Fed pauses and possibly pivots to easing after August when the true nature of the coming recession reveals itself. Following that I see a rapid rise in the price of silver, in a similar time frame between 2008 and 2011. However I do see silver will retaking $50/oz much quicker than it did the last time. Then the price of silver is in no man's land and we must base our projects based on measurements of silver compared to other investments or commodities.
TVC:SILVERLong
by WinstonWolfe
2