Pullback resistance ahead?The Silver (XAG/USD) is rising towards the pivot which has been identified as a pullback resistance and could reverse to the overlap support.
Pivot: 28.78
1st Support: 27.92
1st Resistance: 29.63
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Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
XAG USD ( Silver / US Dollar)
Silver SellXAGUSD has confirmed its sell mode and going to have a dive again we are having a counter trendline waiting upside which will be most probably rejected and the price will continue to move in its bearish direction ⬇️
Also the confluence is that price is moving under 50 SMA on 1 Hourly TF so we are over all according to our time frame so we will have a bearish trade based on price action confirmation
We are watching price closely before taking any other decision
XAG/USD Silver Bullish Side Money Heist PlanHola ola Robbers / Money Makers & Losers,
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Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
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SILVER My Opinion! BUY!
My dear subscribers,
SILVER looks like it will make a good move, and here are the details:
The market is trading on 28.352pivot level.
Bias - Bullish
My Stop Loss - 27.917
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 29.195
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
XAGUSD / TRADING BELOW FVG - 4HXAGUSD / 4H TIME FRAME
The market trend is largely bearish, with the price staying below the turning level of 29.98, indicating a potential drop to the support level (1) at 28.11, and possibly further to the next target at 27.18. However, if the price breaks through the bounce level, it may shift upward toward the resistance level (1) at 29.51. To confirm a bullish trend, the price must break through this resistance and stabilize above it, aiming for 30.48 .
KEY LEVELS :
TURNING LEVEL : 29.98
RESISTANCE LEVELS : 29.51 , 30.48
SUPPORT LEVELS : 28.11 , 27.18
XAGUSD - Silver will go below 28 dollars?!Silver has been below the EMA200 and EMA50 in the 4H timeframe and has exited its ascending channel
If the downward movement continues and silver is placed in the specified demand zone, we can look for silver buying situations
Silver's upward correction will provide us with new sell positions with appropriate risk-reward
XAGUSD | 03.09.2024BUY 28.400 | STOP 26.400 | TAKE 31.000 | On the daily chart there is an upward trend, which includes the development of local growth. The correction has now completed. If the assumption is correct, then the XAGUSD pair will rise to the area of 30.800 - 31.200. The critical stop loss level for this scenario is 26.400.
SILVER Will Go Down! Sell!
Hello,Traders!
SILVER made a bearish
Breakout of the key
Horizontal level of 29.00$
And the breakout is confimred
So after a potential pullback
To retest the new resistance
Above we will be expecting
A further bearish continuation
Sell!
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XAG/USD "SILVER" Robbery plan to steal the money in long SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist XAG/USD "SILVER" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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Silver / U.S. Dollar - Silver about to shine?Hey Traders
We have silver here bounced out of demand zone, I am sorry but we should of been in this set up already from demand zone, unforeseen circumstances this week I have been away from charts, I have had this set up planned for a couple weeks now and my fundamentals line up very well, but no worries we can still get in so I am expecting silver to shine again and I'm looking to buy only. details for set up in the chart.
Please like comment and follow cheers
This chart material is for education purposes only / Demo account should be traded only
SILVER: Bullish Continuation & Long Trade
SILVER
-Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long SILVER
Entry Point - 28.865
Stop Loss - 28.400
Take Profit - 29.741
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
Why I Shorted Silver In The Friday Asia Session
This is the 4HR chart for XAGUSD. I can see that price sold off on these 4HR candles and price has tried to retrace a series of times. But I see that price kept making a lower-high with each successive candles.
I did have a Short in Gold but not long ago I booked a profit. It is quite possible that Gold has further to fall especially if the USDX breaks above the 101.50 region which it could now at anytime.
XAUUSD - 1H Bearish signsOANDA:XAUUSD is showing clear signs of weakness after struggling under resistance at $2,525. The recent break of trendline support, followed by a pullback, sets the stage for a significant drop. A logical stop loss above the resistance and a target near the bottom of the trading range could offer a solid risk-reward opportunity. Expect a move below $2,500 soon.
The bears are trying to take the lead.We are watching the price closely to see if it stays stable.
If it falls below 22 Aug bears candles (see on the chart) and stays there, it could be a problem. For now, I'm being cautious even though things seem positive overall and even too positive especially in option market.
Bearish reversal?Silver (XAG/USD) is reacting on the pivot which has been identified as a pullback resistance and could fall to the 1st support which acts as an overlap support.
Pivot: 30.11
1st Support: 29.01
1st Resistance: 30.11
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.