XAG USD ( Silver / US Dollar)
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Based on the indicator we predict as shown in the charts.
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SILVER Will Collapse! SELL!
My dear subscribers,
My technical analysis for SILVER is below:
The price is coiling around a solid key level - 31.178
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 30.223
My Stop Loss - 31.736
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
XAGUSD BULLISHI strongly believe silver is set for a major rally in the coming months.
To begin, I'm entering this swing trade with 12 key arguments I've identified, where 90% are bullish and only one is bearish.
Bullish Arguments:
Monthly PCH being disrespected
Monthly PCL being disrespected
Weekly swing low not respected
Weekly Bullish FVG being respected
Daily Bullish FVG being strongly respected
Daily swing low not respected
4H Bullish FVG being respected
4H swing low disrespected
4H swing high disrespected
Bearish Argument:
Daily swing high being respected
Trade Management:
Stop Loss at yesterday’s low ($29.70) since a rejection would signal a continuation into the daily FVG, giving us a better entry.
Take Profit at the swing high or near buy-side liquidity to lock in profits without being greedy.
Risk/Reward Ratio: 4.69
Risk: 2%
Gold & Silver analysis for the closing day of the post Fed weekGold & silver analysis for the closing day of the post Fed week. Interesting sessions ahead with the price high up, but maybe not high enough with bullish targets still eyed in a broken out bullish market. On the other hand, we have inside day signals days, money down below and it's Friday - anything can happen into the closing day of the week on day 3 of a 3-day cycle.
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
XAUUSD Counter-trend TradingXAUUSD has reached an all-time high of 2570, touching both a resistance zone and the channel border. With no high-impact news scheduled today and it being a Friday, there's a possibility of a pullback, as markets often correct after a strong trending week. Additionally, the price action seems to be slowing down near the resistance zone, indicating potential weakness. Given that markets typically move in cycles, there is a strong possibility of a retest of the 2550 support level before any further upward movement. The target is the support zone around 2544.800
XAUUSD Potential push for 2600This week, XAUUSD surged to an all-time high, driven by expectations of a potential Federal Reserve rate cut. The price jumped over 3%, marking its strongest weekly gain since August. Inflation concerns and global uncertainty have fueled speculation that the Fed may cut rates to stimulate the economy. Now, the market is in a new range between 2550 and 2600.
Next week’s key event is the Fed's decision, with high-impact news expected, especially Wednesday. The market could consolidate, forming a continuation pattern, though Monday may start with a short-term pullback due to a 1-2-3 price movement, typically signaling a correction.
Despite this potential pullback, the overall outlook remains bullish. A rate cut could drive prices toward 2600 or higher, supported by inflation concerns and economic uncertainty
XAGUSD: AB=CD pattern is forming, what is next? Dear Traders,
Bullish pattern is forming, and we have witness change in price. Tomorrow Fed news will likely to take down the price and then reverse from the area that we have identified. We can target a swing area and target a reasonable position. Good luck.
SILVER (XAGUSD): Bullish Rally Continues
Silver keeps rallying like crazy.
The price was rapidly growing the entire last week.
It managed to violate a significant horizontal daily resistance
and close above that on Friday.
With a high probability, the market will keep growing and reach 31.4 level soon.
❤️Please, support my work with like, thank you!❤️
SILVER The Target Is DOWN! SELL!
My dear friends,
Please, find my technical outlook for SILVER below:
The price is coiling around a solid key level - 30.720
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 29.587
Safe Stop Loss - 31.354
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
The ART of sitting ON YOUR HANDSI was not always a bear... but my arms are tired of holding these Silver Bags for over a decade. I am still bullish! In the long long term ( ;
I am still holding a longterm SILJ short position ( see previous post ) but the immediate future is not clear. Will we get an explosive rally leading up to... during... or after the FOMC? I would not bet on it. The truth is however that nobody knows. As Ray Dalio says, "He who lives by the crystal ball will eat shattered glass"
The next few weeks will provide a challenge for market timers and speculators. I expect plenty of whipsaw and broken hearts before a trend is established (bullish or bearish).
I am waiting for a break of 29.83 to become a Bull and enter Long
I am waiting for a break of 26.67 to become a Bear (a big one) and enter Short
I strongly recommend waiting for a daily close over these levels before getting to comfortable unless you are prepared to keep a tight stop and run for the hills if either of these breaks turn out to be a trap.
Until then this range (in between the two levels will provide plenty of juicy scalping opportunities for cowboys like myself. I am using the .382 Fib level 28.10 (derived from the Oct 23 Low to the High in May 24) as my guiding light and BABB (Bullish above Bearish below) in the interim with TPs at my key break levels. They will be formidable resistance/support zones until broken and proven otherwise. Happy trading!
XAGUSD / BREAKING DESCENDING CHANNEL - 4HXAGUSD / 4H TIME FRAME
HELLO TRADERS
overall , under downward pressure as long as trading below supply zone .
as long as remain below supply zone between 31.01 and 31.41 , it suggest decline to reach 30.57 , then breaking and stabilizing below it by open 4h candle expected further decline to 30.09 .
however , stabilizing above 31.41 , it indicates still continues rising to reach 31.74 and 31.96 , then stabilizing above it reach a ATH at 32.50 .
Turning Level : 31.01 and 31.41
Markets Finding Equilibrium Before FOMCAll major indexes and broad market advancing today with the US CPI/PPI combo causing some big recoveries since the post Labor Day selloff.
Momentum goes to the bulls for now until price proves otherwise. FED likely to cut 25 bps next week with more to come by end of year. It's amazing how quickly sentiment can shift like it did with Aug 1-5 and after, and again Sep 3-6 and after.
I hope you enjoy today's video. Friday's close for the day and week will be important and perhaps it's all quiet on the western front heading into FOMC next week where price can be excitable and volatile, but we'll do our best to navigate everything.
Thanks for watching!!! See you in the markets.
SILVER Risky Short! Sell!
Hello,Traders!
SILVER made a strong
Move up and Silver is now
Locally overbought so after
It hits the horizontal resistance
Above at 30.20$ we will be
Expecting a local bearish correction
Sell!
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