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Xagusdlong

Silver XAG/USD (Overall trend is Down but)View On Silver XAG/USD (30 May 2023) Silver is doing some bullish sign at this moment. I expect 23.9~24 region will be the next resistant. So, it is not advisble to sell silver "just yet" $24 shall be the great resistant. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:XAGUSDLong
by SonicDeejay
XAGUSD ____ SELECTING THE BEST PAIRS TO TRADEHello Traders, Using XAGUSD (Silver) as a case study, I will explain why you need to select the best possible pair to trade. The reason why this is so is because almost all the FX pairs are correlated one way or the other, hence you must always choose the one with the best narrative and the best setup. When I say narrative, I mean the reason why you expect a particular move in the price i.e. a rally or drop in price. Now using XAGUSD, the dollar index just entered a weekly order block (you can look at it on your chart) which could likely mean a short-term bearish move. With this knowledge, you now know that the dollar is likely to be the weaker currency among all dollar pairs. The next thing you want to do is scan all dollar pairs, looking for the one that is well positioned to show strength against the dollar to take a trade. The reason why I picked XAGUSD, is because price entered a weekly demand-side FVG which should cause a rally in price. We also have another weekly FVG above the current price that is likely to be filled. Next, you can notice we have buy-side liquidity just below the weekly FVG. This gives price more reasons to rally. Asides XAGUSD, other well-structured pairs are GBPUSD, USDCHF & EURUSD. Always put your best foot forward. Follow me for more updates, learnings and trade ideas. Below is my previous analysis on XAGUSD at the start of the week. I expected price to go into the FVG first before the dump to my target, however, price went to my target first so I'm guessing it's time to mitigate the buy=side weekly FVG. Cheers, David
FOREXCOM:XAGUSDLong
by jabariofafrica
XAGUSD are you rdy for best short 😁Silver Woe to those who do not see the downward trend of silver. The trend of silver is downward, on the other hand, silver's older sister, gold, is not in a good position, and gold's younger sister, which is silver, should be led down with it. The trend of silver is currently in a bearish base, so we have the next bearish wave ahead of us. The trend of silver is for 20.02677 and then it is 18.93789 dollars, so if you want to open a trade, don't forget the trend of shorting and selling silver.
OANDA:XAGUSDShort
by ManochehrAzar
6
XAGUSD Trading Plan - 16/May/2023Hello Traders, Hope you all are doing good!! I expect XAGUSD to go Down after finishing the correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. 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.
OANDA:XAGUSDShort
by For3xScalper
SILVER BULLISH OUTLOOKSilver is gaining momentum, similar to the other precious metal, Gold. But their purposes are different: while Gold is used as protection against inflation from investors, silver has a lot more industrial uses, especially in the green energy sector. This makes the metal a lot more sought after. Both MACD and RSI are confirming the bullish trend, and if it continues, targets of 27.5 and even 29.1 can be expected. On the opposite scenario, as a pivot point, 23 might be considered, and if silver surpasses that level, further down movement to levels of 21.9 can be observed. 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
FXOPEN:XAGUSDLong
by legacyFXofficial
XAGUSD H1 ZONE MARKING.We have XAGUSD H1 Analysis for Zone Marking. According to this analysis, we can see the price still running under 200MA & price also tests trendline with selling pressure is a sign of a Selling trend for more confirmation of we market demand & supply zone which is mentioned in the downside Demand zone3@ 21.356 to 21.426 supply zone1    @ 21.989 to 21.871 supply zone2    @ 22.548 to 22.630 Supply zone3 @ 23.612 to 23.396 Supply zone4 @24.654 to 24.366 With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers
FOREXCOM:XAGUSD
by Enclave_fx
2
Silver -> The Bounce Is InevitableHello Traders, welcome to this free and educational multi-timeframe technical analysis. The last three weeks Silver perfectly tested a quite obvious previous weekly support zone, which was now turned resistance and with this weeks candle the market finally rejected the zone towards the downside. Considering the fact that we are now testing an insanely strong weekly support zone, I do at least expect a short term short covering rally towards the upside, after Fridays harsh dump towards the downside. From a daily perspective we are also close to retesting previous support, so I am now just waiting for a deeper retest of the support zone, before I will then enter a long position on Silver. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
FOREXCOM:XAGUSDLong
by basictradingtv
44