SILVER trade ideas
SILVER PRICE AND GOLD/SILVER RATIO RELATIONEach time the ratio hits 88-89 zone, silver price rises. This is also supported by the parallel channel lower boundry and MA-200 making it a tradeworthy position.
Master Silver Trading: Profitable Price Action Strategies!CAPITALCOM:SILVER @Alexgoldhunter
Price Action Analysis and Strategy
Key Levels and Zones
Support Levels:
28.500 USD: A crucial support level where the price has found buying interest before.
28.700 USD: Another significant support level indicating strong buying pressure.
Resistance Levels:
29.400 USD: A strong resistance level where the price has faced selling pressure.
30.480 USD: Another notable resistance level suggesting potential selling interest.
Break of Structure (BOS):
Multiple BOS annotations on the chart indicate significant shifts in market structure, highlighting potential areas of interest for traders.
Fibonacci Retracement Levels:
0.382 Level: 29.108248 USD
0.5 Level: 29.222 USD
0.618 Level: 29.33552 USD
0.705 Level: 29.4162 USD
0.786 Level: 29.497704 USD
Volume Analysis:
Volume spikes are visible, indicating periods of high trading activity, which can be used to confirm breakouts or reversals.
Buy Strategy
Entry Point:
Consider entering a buy position if the price breaks above the resistance level at 29.400 USD with strong volume confirmation.
Alternatively, look for a bounce from the support level at 28.500 USD with a bullish candlestick pattern and increasing volume.
Stop Loss:
Place a stop loss below the recent swing low or support level, for example, below 28.500 USD.
Take Profit:
Set take profit levels at the next resistance levels, such as 30.480 USD or use Fibonacci extension levels for further targets.
Sell Strategy
Entry Point:
Consider entering a sell position if the price breaks below the support level at 28.500 USD with strong volume confirmation.
Alternatively, look for a rejection from the resistance level at 29.400 USD with a bearish candlestick pattern and increasing volume.
Stop Loss:
Place a stop loss above the recent swing high or resistance level, for example, above 29.400 USD.
Take Profit:
Set take profit levels at the next support levels, such as 28.500 USD or use Fibonacci retracement levels for further targets.
Simple VIP Signal
ENTRY: 28.500 USD
TP1: 29.108248 USD
TP2: 29.497704 USD
SL: 28.500 USD
Conclusion
This chart shows a detailed technical analysis of Silver (XAG/USD) using price action techniques, highlighting key support and resistance levels, break of structure points, and Fibonacci retracement levels. These elements can be used to develop a buy and sell strategy based on market behavior and volume analysis.
Follow @Alexgoldhunter for more strategic ideas and minds
XAGUSD Downtrend structure on 4HTFThe market has confirmed a downtrend market structure on the 4-hour timeframe and is currently heading towards my second resistance level which could potentially sell the market. I will await further entry confirmation/confluence when the market opens again.
Silver's Next MoveI strongly believe silver has officially bottomed out. Doing so we should now see a quick spike back up to the $31 range. After we get through that resistance the last main one is $32 which I believe we will have plenty of support to break through. Keep Holding.
XAGUSD: Key Levels to WatchHello,
OANDA:XAGUSD appears to have found support, but the key level to watch is 29.579. If the price breaks and sustains above this level, further upside momentum is likely. However, if resistance holds, we can expect continued downside movement. Should a bullish breakout occur and momentum builds, the price may advance toward the 1M pivot point. Additionally, it's important to note that the 1M strong support is positioned at 28.702.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
SilverXAGUSD ( Silver / U.S Dollar )
Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
Break of Structure
RSI - Divergence
Bearish Channel as an Corrective Pattern in Short Time Frame
Demand Zone
Deeper Lows Ahead Before Reversal in SILVER ? Elliott WavesThe chart suggests a potential downward trend for Silver to complete wave (C) Blue of wave ((4)) Black and then wave Uptrend ((5)) Black.
Elliott Wave Structure:
The chart appears to be in a corrective wave structure, likely a Zigzag.
The current position seems to be within a corrective wave ((4)) Black in which wave (A) & (B) are completed and now we are unfolding wave (C) Blue of ((4)) Black.
Inside wave (C) we had completed wave 1 & 2 and now we are unfolding wave 3 Red in wave (C), post wave 3, we have to unfold wave 4 & 5 Red to finish wave (C) Blue of wave ((4)) Black.
Potential Scenarios:
Downside: If the downward trend continues, the price may reach Fib extension level where wave (C) equals with wave (A) and some times may goes towards 1.236 Fibonacci extension level.
Post completion wave ((4)) Black, we may see Reversal towards new Highs to finish wave ((5)) which generally goes beyond wave ((3)) High.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Buy OpportunityObservations:
Current Price: Around $28.825.
Stop-Loss: $28.7218, just below the support level.
Target Price: $29.3478, above a key resistance.
Risk-Reward Ratio: 4.21, which indicates a favorable risk-to-reward setup.
Volume Profile: A significant level of interest is visible at the price range between $28.80 and $28.90.
Signal:
Entry Point: Enter a long position at the current level, near $28.825, assuming confirmation of support.
Stop-Loss: Place your stop-loss at $28.7218 to limit downside risk.
Take Profit: Set your target at $29.3478 to capture the upward move.
Additional Confirmation:
Look for bullish candlestick patterns or higher volume around the support area.
Consider the behavior of the moving averages (EMA) and ensure there’s no immediate downward pressure before entering.
SIlver (XAGUSD) Bullish Plan For Coming DaysAs Expected Monthly Candle Close above $30,30. October Low Sweep, So I am Bullish in December because Order Flow is Bullish of Gold and Silver, In New Month Price will Tap in FVG Then Bullish Move Expected. Follow With Risk Management.
XAGUSD_1D_Buyhello
Analysis of silver for purchase and investment
If you are looking to buy for investment, now is the time
The range of support and purchase for the long term is 28,888
The next target and wavelength numbers are 38.888 and 42.222.
The percentage of price growth is 35 to 45 percent.
XAGUSD Has Bearish Breakout XAGUSD Silver vs. the US Dollar Suggesting the price will Break Out From The Level of 29.378 Here The Price will Break Down.
If the price break above 29.3780 Resistance Level it could signal a Potential upward trend if the Strong clos e Above this Level.
Support Level at 27.150
If the Price Breaks below the 29.370 level it could Head toward the support zone at 27.150as Suggest Bearish Trend.
Rate Share Your idea what's Going on Thanks.
Could the Silver rise from here?The price is reacting off the support level which is an overlap support that lines up with the 127.2% Fibonacci extension and could rise from this level to our take profit.
Entry: 28.78
Why we like it:
There is an overlap support level that lines up with the 127.2% Fibonacci extension.
Stop loss: 27.71
Why we like it:
There is a pullback support level.
Take profit: 29.83
Why we like it:
There is a pullback resistance.
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XAGUSD - longthis is a market structure trade . simple is better . never complicate to much! use risk managment !
NEW UPDATE OF SILVER NEW UPDATE OF SILVER
we see Price of silver may Times Go down Go down but know price of silver move back to up on 30.7000
Now price of silver on 28.9000
And my target is 30.7000
Stop lose 28.1212
According to my analysis silver was flay
Trade with your own risk
XAGUSDON hawkish fed cut all metal dropping in price ,2025 have mixed feeling for investors as change in leadership will bring different economic reforms .
silver will continue to drop until we approach our demand floor
SILVER support zoneHuge support zone around this area 27.6 - 27, this will be the full retest of the broken wedge
SILVER - its breakout? what's next??#SILVER.. market perfectly moved as per our video analysis and now market just break his supporting area.
if this is a breakout then be ready for a straight drop towards our supporting area.
good luck
trade wisely
SILVER (XAGUSD):Important Bearish BreakoutThe yesterday's decision by the FED and the FOMC led to a significant decline in 📉SILVER prices yesterday.
The price dropped below a key support level within a wide horizontal range on the daily chart.
This breakout indicates considerable bearish momentum and suggests further potential for price decline.
The next support level to watch is 28.78.
Silver H4 | Rising into pullback resistanceSilver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 29.79 which is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level.
Stop loss is at 30.90 which is a level that sits above the 50.0% Fibonacci retracement level and an overlap resistance.
Take profit is at 28.86 which is an overlap support.
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Silver Rebound Offers Short Trade Potential: Targeting $28In my weekend analysis, I highlighted the potential formation of a Head and Shoulders pattern in Silver's price, with the neckline positioned precisely at the psychologically significant $30 level.
Yesterday, the Federal Reserve’s rate cut triggered a drop below this key level. Currently, OANDA:XAGUSD is experiencing a normal rebound.
This rebound may provide traders with an opportunity to consider short positions if the broken $30 level is retested.
The next significant support level is at $28, which could serve as the target for this potential move.
19.12.24 Morning ForecastPairs on Watch -
FX:EURNZD
OANDA:XAGUSD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
SIlver possible buy set upSilver is currently in a downtrend, driven by the strength of the U.S. dollar following Fed Chair Powell's speech earlier today. However, as we analyze the chart, we can see that the price is approaching a key diagonal support level. This area has historically shown buyer interest, and I anticipate a potential rebound from this zone.
With the Fed signaling a slower pace of rate cuts in the coming year, the dollar's momentum may be temporary, creating an opportunity for silver to regain strength. This setup presents a favorable risk-to-reward scenario for a buy on XAG/USD, targeting a bounce from the diagonal support while keeping an eye on USD dynamics and upcoming economic data. Monitor closely for confirmation of buyer activity before entering the trade.
