Get started

Xagusdlong

Trade for Monday : Buy the Silver Price: Long-Term Trade. Silver is about 9% off it's high price for 2024. I see this trade as a longer term setup going into September. Daily & Weekly Charts are very supportive of the Silver Price. Stop Loss: 28.45 28.45 is right under a fair-value-gap from a bullish candle that formed on 16th Augt. recently. 28.45 is about 4.83% under current price, so represents a very good R:R as we take this trade up much much higher. Entry Level: To be determined during European/London session during tomorrow (Monday trading)
EIGHTCAP:XAGUSDLong
by Easy_Explosive_Trading
SILVER XAG/USD Money Heist Plan on BullishMy Dear Robbers / Traders, This is our master plan to Heist SILVER "XAGUSD" 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 1h 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. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
CAPITALCOM:SILVERLong
by Thief_Trader
Silver's possible 'edge' over Gold (see chart) The Gold price will continue to Surge this week imo, mainly on very USD weakness & traders and people from all over the world are coming 'from-out-of-the-wood-work' to speculate on Gold's next move when The-Fed moves on interest rates in Mid-September. But the Silver price is still about 9.8% underneath it's high-price for 2024. Silver imo opinion has more volatility and price movement than Gold does, which is another reason I prefer to accrue or Trade the Silver Price. Finally, Silver is not as overbought currently on the Stochastics & RSI weekly and monthly timeframes compared to Gold. It probably does not matter which precious metal you trade or buy, they are all incredibly bullish at the moment, yes particularly Gold & Silver.
EIGHTCAP:XAGUSDLong
by Easy_Explosive_Trading
1
#SILVER: Time for another bullish move? Comment down your views!OANDA:XAGUSD Price is in sideways in smaller timeframe, possible price was waiting for fed decision on interest rates, however, the news came out to be mixed. It is still not (100%) clear that the price will rebound straightforward. Likely, we will see mix price actions in coming time. Good luck and trade safe. **Trade safe and if you like the idea and matches your bias, like and comment the idea, for more follow us** Team SetupsFX_
TVC:SILVERLong
by Setupsfx_
6
Silver (XAG/USD) H1 Channel BreakoutThe XAG/USD pair on the H1 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry : Consider entering a Long position around the current price of 29.45, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 30.35 2nd Support – 30.83 Stop-Loss: To manage risk, place a stop-loss order below 28.50. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you.
OANDA:XAGUSDLong
by KABHI_FOREX_TRADING
13
Gold Glimmering with Hope: Job Data Fuels Short-Term Price RiseGold prices in overseas markets experienced a welcome climb on Friday, snapping a three-day losing streak. Spot gold at the Comex exchange, a key benchmark, rose by $17 to $2,322 per ounce. This upward movement can be attributed to two key factors: recent US jobless data and ongoing uncertainty surrounding the Federal Reserve's monetary policy. The release of US unemployment data on Thursday played a pivotal role in boosting gold's appeal. The data hinted at a potential softening in the previously red-hot US labor market. This has sparked speculation among some analysts that the Federal Reserve may consider slowing down its aggressive interest rate hike plans in the near future. The Fed has been raising interest rates to combat persistent inflation. However, these rate hikes tend to strengthen the US dollar, making gold – a non-interest-bearing asset – less attractive to investors. So, any indication of a pause or slowdown in the rate hike cycle can be seen as positive news for gold prices. This sentiment was further bolstered by the performance of silver, another precious metal often viewed as a proxy for gold. Silver prices also rose, climbing to $29.20 per ounce from the previous day's closing of $28.94. Looking at the bigger picture, the overall outlook for gold prices in the short term remains somewhat bearish. The Fed's hawkish pronouncements, persistent inflation concerns, and a potentially strengthening US dollar continue to pose headwinds for the precious metal. Here's a breakdown of the key factors influencing gold prices: • Weakening US Labor Market: The recent US jobless data suggesting a potential slowdown in the labor market has fueled speculation of a pause in interest rate hikes by the Fed, which could benefit gold prices. • Federal Reserve Policy: The Fed's aggressive tightening of monetary policy through interest rate hikes is a major challenge for gold. Higher rates strengthen the dollar and make gold less attractive as an investment. • Inflation: Inflationary pressures remain a concern, and the upcoming PCE data release could significantly impact gold prices. A higher-than-expected inflation reading could reinforce the need for continued rate hikes, putting downward pressure on gold. • US Dollar Strength: A strong US dollar makes gold more expensive for foreign investors, further limiting demand. While the short-term outlook may be uncertain, gold's long-term value proposition as a safe-haven asset remains intact. Investors seeking a hedge against inflation and economic uncertainty may continue to view gold as a valuable addition to their portfolios. In conclusion, gold prices experienced a temporary reprieve on Friday, driven by hopes of a shift in the Fed's monetary policy. However, the release of key inflation data later in the day and the broader economic landscape continue to cast a shadow on the short-term prospects for gold. Investors should carefully consider all these factors before making any investment decisions.
OANDA:XAUUSDLong
by bryandowningqln
XAU-USD The chart for Silver/US Dollar (XAG/USD) on a daily timeframe shows a bullish "Double Bottom" pattern around the 28.60 USD level, indicating potential reversal of the recent downtrend. This pattern suggests strong support, as the price has bounced off this level twice. The current price is approximately 29.038 USD. A significant resistance level is identified around 32.00 USD, where the price has previously faced selling pressure. If the price breaks above this resistance, it could signal further upward momentum. The chart projects an upward movement towards this resistance, represented by a yellow arrow, suggesting that the price might initially face resistance but is expected to rise. Historical support around 26.00 USD is also highlighted, providing context for potential price movements. The yellow and red highlighted areas mark these critical support and resistance zones. In summary, the chart indicates a bullish outlook for XAG/USD, supported by the double bottom pattern and strong support at 28.60 USD. The key resistance level to watch is 32.00 USD. Traders should monitor the support at 28.60 USD to confirm the double bottom pattern and potential upward trajectory.
ICMARKETS:XAGUSDLong
by Dhareja
Could the Silver Price Hit $100 per Ounce?The silver market has long attracted investors due to its potential for significant returns. Recently, Keith Neumeyer, CEO of First Majestic Silver, has been vocal about his belief that silver could reach $100 per ounce or even higher. This article explores the factors that could drive such a dramatic increase and examines the realism of this prediction. Historical Context and Recent Performance Silver has experienced notable gains since 2020, hitting a nearly 12-year high of $32.33 per ounce in May 2024. Neumeyer's prediction of silver reaching $100 per ounce has been discussed in various interviews, including those with Palisade Radio, Wall Street Silver(, and Kitco. Factors Supporting Neumeyer’s Prediction 1. Market Cycles and Historical Trends : Neumeyer draws parallels between the current market and the early 2000s, suggesting a similar rebound in commodity prices. 2. Supply-Demand Imbalance : There is a significant deficit in the silver market due to increasing industrial demand from technologies such as electric vehicles and renewable energy sources. 3. Industrial Demand : Silver's applications in renewable energy and electronics are growing, with reports from (metalsfocus.com) highlighting a substantial expected deficit in 2024. 4. Potential Catalysts : Major investments, like those from high-profile investors such as Elon Musk, could drive silver prices up dramatically. Challenges and Consideratio ns 1. Geopolitical and Economic Stability : Factors like the US dollar's strength, Federal Reserve policies, and global tensions will impact silver prices. 2. Market Manipulation : Concerns about manipulation in the silver market could suppress potential price increases. 3. Historical Price Movements : Historical peaks just under $50 per ounce indicate that a significant shift in investor behavior is needed to reach $100. Expert Opinions and Outlook Opinions vary among industry experts. While Peter Krauth of Silver Stock Investor shares Neumeyer’s optimism, suggesting silver could eventually reach $300, others like David Morgan and Gareth Soloway see more conservative targets around $50 per ounce in the near term. Conclusion While $100 per ounce for silver is possible, it requires a mix of favorable conditions, including a substantial supply deficit and rising industrial demand. Neumeyer presents compelling arguments for a bullish outlook, but investors should consider a broad range of data and expert insights before making investment decisions.
FX_IDC:XAGUSDLong
by signalmastermind
Unveiling the Reasons Behind Last Month's Silver Price Surge Silver, the lustrous metal often overshadowed by its golden counterpart, experienced a remarkable price surge last month. While gold continues to hold a certain allure, it's silver that's been making headlines. Let's delve deeper into the factors that propelled silver to the forefront of the precious metals market. A Tale of Two Forces: Supply and Demand The price of any commodity is a delicate balance between supply and demand. In the case of silver, both sides of the equation have played a role in the recent price hike. On the Demand Side: A Silver Lining • Industrial Applications Take Center Stage: Silver's industrial applications have been steadily growing, particularly in the green energy sector. Solar panels are a prime example, as silver is a crucial component in their conductive layers. As the world transitions towards renewable energy sources, the demand for silver is expected to rise proportionally. • A Reliable Ally in Electronics: Beyond solar, silver is a vital element in a vast array of electronic devices. From smartphones and laptops to medical equipment, its conductive properties make it irreplaceable. The ever-increasing reliance on technology further fuels the demand for silver. • Investment Haven: Investors often turn to precious metals like silver as a hedge against inflation. When traditional currencies lose purchasing power, silver's perceived value can rise, attracting investors seeking a safe haven for their assets. Supply Under Pressure: • Mining Challenges: Silver is often mined as a byproduct of other metals, primarily lead and zinc. Fluctuations in the production of these base metals can indirectly impact silver supply. Additionally, stricter environmental regulations can make silver mining more complex and expensive. • Geopolitical Uncertainty: Global political instability can disrupt supply chains, impacting the flow of silver from major mining regions. This uncertainty adds another layer of complexity to the silver market. The Perfect Storm: When Demand Outpaces Supply The confluence of these factors – rising demand from various sectors and potential constraints on supply – has created a situation where demand is outpacing supply. This imbalance is a key driver behind the recent surge in silver prices. China's Silver Appetite: A Force to Be Reckoned With China deserves a special mention in the silver story. The world's second-largest economy is a major consumer of silver, with its demand playing a significant role in influencing global prices. China's booming industrial sector and growing investment in renewable energy further amplify its impact on the silver market. Looking Ahead: A Silver Future? The future of silver prices remains uncertain. Several factors, including global economic conditions, technological advancements, and geopolitical developments, will influence its trajectory. However, the current trends suggest that silver's industrial importance and potential as an inflation hedge will continue to drive demand. Beyond the Bling: Silver's True Value While silver's shiny exterior has always held aesthetic appeal, its true value lies in its versatility. From adorning our bodies to powering our technological advancements, silver is an essential element in the modern world. The recent price surge highlights the growing recognition of this multifaceted metal. Whether silver maintains its upward climb or experiences a correction, its role in the global market is undeniable. So, the next time you see a piece of silver jewelry, remember – it's not just about aesthetics; it's a testament to the vital role this metal plays in our world.
OANDA:XAGUSDLong
by bryandowningqln
XAGUSD tm:1hHello traders. I hope you doing well. These areas are based on my personal strategy and I will share it with you. Open a sell position on the supply area or open a buy position on the demand area. Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account. But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading. I hope you will achieve maximum continuous profit with me by using supply and demand areas. Good luck traders. Mohammad Goodarzi
OANDA:XAGUSD
by itsbluemorpho
XAGUSD (Silver) Technical Analysis and Trade IdeaSilver (XAGUSD) has exhibited a robust bullish trend on the daily timeframe. We’re currently seeking a buy opportunity aligning with the trend continuation, assuming price action plays out as per the analysis presented in the video. The video covers essential aspects such as trend analysis, price action, market structure, and a potential trade idea. Remember to manage risk diligently when trading, and note that this information is purely educational and not financial advice. 📈👍
FOREXCOM:XAGUSDLong
by tradingwithanthony
4
XAGUSD (Silver) Technical Analysis and Trade IdeaIn a recent video, I discussed a trade idea ahead of the ongoing XAGUSD (Silver) bull rally. Since then, we’ve witnessed a notable bearish movement. I’m closely monitoring the current price level for another potential buying opportunity, contingent upon price action confirming my analysis from the video. The market is currently exhibiting sideways movement, and if we patiently await increased volatility both above and below the range, we may be well-positioned to capitalize on a bullish trend. Specifically, I’m eyeing a break, re-test, and failure of the range on the 15-minute chart, provided we observe higher highs or lows forming. The video delves into critical elements such as trend analysis, price action insights, market structure, and a potential trade setup. As always, exercise prudent risk management when trading, and remember that this information serves an educational purpose and is not financial advice. 🚀📊
FOREXCOM:XAGUSDLong
by tradingwithanthony
Silver Futures Under Pressure Yet Targets Remain Intact Today'sToday's silver futures are experiencing some pressure, reflecting a challenging day for the precious metal. Yesterday, there were outflows in the portfolio on June 25 from strikes of 32.5/35. Outflows of funds from the portfolio are partial and did not lead to the liquidation of the portfolio, which indicates the management of the portfolio in a negative scenario, however, they do not cancel the most bullish idea in the medium and long term. Despite this, the previously set targets based on the significant positions held by informed market participants mostly unchanged. in addition, it is not the first time that extremely aggressive portfolios appear, aiming at the area of 45-50 dollars. It's a reminder that in the commodities market, short-term fluctuations are often just noise against the backdrop of longer-term trends and targets.
COMEX:SIN2024Long
by ClashChartsTeam
SILVER XAGUSD Bullish Robbery PlanMy Dear Silver Robbers / Traders, This is our master plan to Heist Bullish side of SILVER MARKET based on Thief Trading style Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic resistance level, Once it is cleared we can continue our heist plan to next target. support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
CAPITALCOM:SILVERLong
by Thief_Trader
Up to 207% gains in SilverSilver has given a strong impulsive break out from the long term trendline resistance after long accumulation phase. Big volume candles since July 2023 confirm healthy accumulation by strong hands. Currently price is in Primary Wave 3 which can end somewhere near 66 level. A potential gain of 135% by end of this year. Wave 5 target is around 87-88 levels which can be achieved by the end of 2026. Around 207% gains from CMP within 3 years. Do your own due diligence before taking any action. Peace!!
OANDA:XAGUSDLong
by Swastik24
SILVER Seeks Support at $22.00 Amidst Rate Cut ExpectationsOn Monday, silver experienced a sharp downturn, revisiting the $22.00 mark, reflecting a more than 2.5% decrease from its previous close. Market participants swiftly adjusted their expectations of early rate cuts by the Federal Reserve (Fed), leading to a substantial sell-off in the white metal. Technical Analysis: From a technical standpoint, the current price is positioned in a crucial support area around $22.00. This zone is fortified by a dynamic trendline, historically supportive of price rebounds. Additionally, the 78.6% Fibonacci level acts as a potential discount area, offering a foundation for the price to find support. The Stochastic indicator remains in oversold conditions, signaling the potential for a rebound. Anticipating a recovery, our outlook targets a return to $24.50 and $26.00 in extension. Economic Landscape: Turning to economic news, the CME Fedwatch tool suggests that investors are now eyeing a potential interest rate cut in May. This shift in sentiment is attributed to persistent price pressures driven by robust household spending and favorable labor market conditions. The upcoming focus of the week will be on the release of United States Q4 Gross Domestic Product (GDP) data scheduled for Thursday. A positive GDP reading would reinforce the narrative of 'higher interest rates,' aligning with the Fed's cautious approach towards premature rate cuts. Outlook: As silver grapples with the $22.00 support, the interplay of technical factors and market sentiment becomes crucial. The dynamic trendline and Fibonacci support offer a potential springboard for a price rebound. However, the economic landscape, particularly the GDP data release, will significantly influence the metal's trajectory. Traders are advised to closely monitor developments to navigate potential price fluctuations in the coming days. Conclusion: The silver market finds itself at a critical juncture, seeking support at $22.00 amid shifting expectations of Fed rate cuts. Technical indicators suggest the potential for a rebound, yet the economic data release later in the week will undoubtedly play a pivotal role in determining silver's path. Traders should exercise caution, staying adaptable to evolving market dynamics as they unfold throughout the week. Our preference Long positions Above Support Area $20 with targets at 24.50 & 26 in extension.
OANDA:XAGUSDLong
by FOREXN1
1