Silver's Rise, Gold's Stability, and the Weakening US Dollar I wanted to draw your attention to some intriguing developments in the market that may significantly impact your investment strategies. Specifically, I would like to discuss the recent divergence between silver and gold prices and the weakening US dollar. By understanding these trends, you may be able to make more informed decisions and potentially enhance your portfolio's performance.
Over the past few months, we have witnessed a fascinating phenomenon: while gold prices have remained relatively stable, silver has experienced a notable uptrend. This divergence has sparked interest among many investors, as it presents an opportunity to explore alternative investment avenues. As an educational resource, we believe it is crucial to inform you about such developments and enable you to make well-informed investment decisions.
One of the primary factors contributing to silver's rise is its increasing industrial demand. Silver's unique properties make it indispensable in various industries, including electronics, solar energy, and healthcare. As the global economy recovers and these sectors continue to expand, the demand for silver is expected to remain robust. This growing demand and limited supply have been critical drivers behind silver's recent price surge.
On the other hand, gold has demonstrated remarkable stability during this period. Traditionally considered a safe-haven asset, gold has provided investors with a reliable store of value during times of uncertainty. However, its relatively flat performance compared to silver's upward trajectory has prompted investors to consider diversifying their portfolios and exploring the potential benefits of investing in silver.
Moreover, it is essential to take note of the weakening US dollar, which has also played a role in the recent market dynamics. As the US dollar weakens, gold and silver tend to appreciate due to their inverse relationship with the currency. This correlation has further fueled interest in silver as investors seek to hedge against potential currency risks and capitalize on the currency's decline.
Given these developments, we encourage you to explore silver alongside gold as a potential investment option. By diversifying your portfolio and allocating a portion of your assets to silver, you may be able to take advantage of its current upward trend and potential long-term growth prospects. However, conducting thorough research and consulting with your financial advisor is essential to determine the optimal allocation for your unique investment goals and risk tolerance.
Xagusdlong
Exciting Opportunity: Will Silver Bounce Off the MA50 Again?Our favorite shiny metal, silver, is gearing up for another potential bounce off the MA50, and I couldn't be more thrilled about the possibilities it presents.
As avid silver traders, we have witnessed the power of technical analysis and the significance of key moving averages. The MA50 has proven to be a reliable indicator, acting as a strong support level for silver's price movements. And guess what? It's happening again!
Over the past few weeks, silver has been exhibiting a fascinating pattern, aligning itself with the MA50. This convergence has historically led to significant upward movements in silver's price, making it an ideal time to keep a close eye on this precious metal.
You might be wondering why you should be excited about this. Well, my fellow traders, the potential for substantial gains is again within our grasp! By putting silver on your watchlist and staying tuned to its price action, you can seize the opportunity to capitalize on a potential bounce off the MA50.
Here's your call to action: Add silver to your watchlist today. Stay vigilant, keep a close eye on the MA50, and be prepared to take action when the time is right. This exciting opportunity could lead to remarkable profits, and you will want to take advantage of it!
As always, please remember that trading involves risks, and conducting thorough research and analysis is essential before making any investment decisions. Stay informed, stay disciplined, and always trade responsibly.
Silver or XAU/USD hits golden crossI am thrilled to share some exciting news - silver has just hit a golden cross!
For those unfamiliar with the term, a golden cross is a technical analysis term that occurs when the 50-day moving average exceeds the 200-day moving average. This bullish signal indicates a potential upward trend in the price of silver.
This is fantastic news for all who have closely monitored the silver market. Considering long silver and taking advantage of this upward trend is an excellent opportunity.
So, I encourage you to consider your investment strategy and add silver to your portfolio. With the golden cross in place, it's an ideal time to take advantage of this bullish signal and potentially profit from the upward trend.
XAGUSD AnalystHello Everyone! I want share my idea of XAGUSD.
Couple week ago we saw Silver big and strong Bearish moving which was actually impacted by tested YTD HIGH at 26.00$, here traders took their profits after massive and long bullish trend.
At the moment we have interesting picture, after big drop, price start again uptrend, on high timeframe for example 1D timeframe I am still looking to silver bullish and it was only correction for continue moving up.
The situation is simple, I am waiting strong sell from 24.55 LVL, if silver will brake that then we can open long position after retest.
THIS IS NOT FINANCIAL ADVICE!! THIS IS MY IDEA!!
BE PATIENT!!
Silver Is Trending Up On Min 15Silver is in a nice uptrend on the 15min time frame.
I expect brand new highs from here! We all know the situation that the us dollar is in.
If I get a buy signal from this area on min 15 , im going to buy silver.
Its heavily bearish on other time frames... So keep in mind that this trade is trending down on all other time frames except the weekly time frame and monthly.
This is just a idea that I have in mind for myself.
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.
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
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.
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.
Is Silver ready to rise again?Since the false break under 18, back in September 2022, Silver has entered a nice up trend and has risen around 40%.
After the recent high of around 26, the price corrected, and after the confirmation of new support in old resistance bulls look ready to take control again.
The next target could be the 27 zone.
Buyers should keep in mind that before both strong reversals, the price has had a false break
XAGUSD - Growth is possible | Market outlookMain scenario
Long positions will become relevant above the level of 24.48 with the targets at 27.00–28.80.
Implementation period: 7 days and more.
Alternative scenario Alternative scenario
The breakdown and the consolidation of the price below the level of 24.48 will let the asset go down to the area of 22.77–21.36.
SILVER Bullish Continuation after Pullback?
Hello Traders,
On the Weekly Chart we have been slowly trending down in a Channel.
20 Day EMA (white line) has crossed up the 20 Weekly EMA (turquoise line).
After break of Weekly Trendline to the upside I am expecting a Pullback to the Trendline or near the 20 Day EMA and then a bullish continuation to 28.000 price range.
PS. Be gentle it´s my first idea. :-) Any Feedback is welcomed.
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
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
XAGUSD H1 DEMAND & SUPPLY MARKING We have XAGUSD H1 Analysis for Zone Marking.
According to this analysis, we can see 200MA cross over the 50EMA is a sign of a Selling trend for more confirmation of we market demand & supply zone which is mentioned in the downside
Demand zone1@ 21.226 to 21.161
Demand zone2@ 21.356 to 21.251
Demand zone3@ 21.526 to 21.426
supply zone1 @ 21.989 to 21.871
supply zone2 @ 22.548 to 22.630