BUY SILVER @ 29.36BUY ABOVE: 29.36 🟢
SILVER
STOP LOSS: 20$ LOT SIZE0.01 or AND 28$ MARK ON CHART for STOP LOSS ❌
TARGETS:
🎯 30.63
🎯 31.66
🎯 32.32
🎯 33
🎯 33.90
Happy trading! 📈
SILVER trade ideas
XAGUSD: Key Support Levels to Watch for Potential DownsideHello,
OANDA:XAGUSD has recently moved downward, and further decline is anticipated. The first indicator of this trend will be if the weekly/monthly support at 31.211/30.049 fails. If this support level breaks, further downside is likely. Currently, confidence is centered on these levels holding as support, with most investors hoping for a bullish continuation. Time will reveal the outcome!
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Silver is in the bullish trend after testing supportHello Traders
In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET
today XAGUSD analysis 👆
🟢This Chart includes_ (XAGUSD market update)
🟢What is The Next Opportunity on XAGUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Bullish Flag Emerges: Silver Gearing Up for the Next Rally?The bullish flag on Silver suggests that the market is in a temporary consolidation phase, with bulls gathering strength for the next push. A break above the pattern's resistance could trigger a continuation rally, while failure to do so may lead to further sideways movement.
SILVER My Opinion! BUY!
My dear friends,
My technical analysis for SILVER is below:
The market is trading on 31.3070 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 32.361
Recommended Stop Loss - 30.604
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
XAGUSD_3Hhello
Analysis of silver in the medium term time frame
Elliott wave analysis style
The market is in 5 downward waves, which is currently in a descending channel and in the 5th downward wave.
For the next week, the important resistance is the number 31.700, and by maintaining this number, it will continue to fall towards the number and range of 3.000 and 30.400, which is the end of the fall, and it can enter a new upward trend towards the number 33.000.
Silver price down 1.75% (intentional I think) to take longs out.
A lot of people were long on gold and silver on thursday and I think that it was planned to keep the price selley today to take out stops.
Anyway, XAGUSD is down 1.75% and about 31.38 now. I think the price will move swiftly back up if buyers are there.
Join the friday afternoon free silver train long and get paid to do nothing.
Bearish continuation setups taken on Silver and WTI today explaiIn this video, I walk you through my entire thought process during today's trading session. You'll learn how I selected the pairs and executed three key trades:
* Silver Breakdown Retracement Continuation Short, R4,5
* WTI Breakdown Continuation Short, R3
I'll also provide a detailed explanation of the BD Continuation setup, helping you understand how to apply this strategy in your own trading. Breakdown Continuation is one of my personal A+ playbook setups. Don't miss out on these valuable insights and tips!
Bullish reversalSilver dropped and may likely be on a verge of a bullish momentum due to the bearish move losing steam. The previous established regions between 34.480-34.850 we'll be areas of interest to where price is headed to. The move to the upside we'll be significant if the white metal remains above 30.800.
Incoming ShortThe white metal is currently bullish, but the bullish momentum ran out of steam as price action failed to reach and stabilise the 35.00 region. While the metal is correcting, failure to break through and stabilise above 34.9 - 35.00 will likely see bearish momentum to the immediate supports.
SILVER: Move Down Expected! Sell!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 31.08239$
Wish you good luck in trading to you all!
Silver Short-Term Analysis for 08/11/2024Disclaimer: This is my personal opinion and is intended for educational purposes only. Please consult your financial advisor before making any decisions.
Time Frame: 4-hour
Market Analysis:
The 4-hour XAGUSD chart exhibits a bearish trend, with the Relative Strength Index (RSI) indicating a slight oversold condition.
Key Levels:
POC (Daily Point of Control): 30.59
Order Block (Lower Target): 28.90 - 28.72
Resistance: 32.74
Local Support: 30.12
Trading Bias:
The price is retesting the strong support level at 31.47. If it holds, the price may move upward to 32.75 (POC). Conversely:
A break below 30.12 (local low) could send the price to 30.80 (previous low).
If 30.81 holds as support, the trend may turn more bearish, potentially dipping to 28.92 - 28.72.
SILVER_105 2024.11.08 03:36:03 Trading Signal BUYFrankPro Signal for SILVER_105
Type: Screen
Signal: BUY
TP: 32.043
SL: 31.551
Entry Price: 31.715
Analysis for SILVER
Forecast Overall(Short-Term, Long-Term): ST= Strong Down LT= Strong Down
Forecast Methods(Short-Term, Long-Term):
ST=Down LT=Down
ST=Down LT=Down
ST=Down LT=Down
Analysis Method(0)
Based on the provided analysis, here is my assessment of the expected price movement for XAG/USD (Silver) in both the short-term and long-term:
**Short-term (next few days to a week):**
* Expected price movement: Down
* Reasoning: The price has broken below key support levels, including the 50-day SMA, and is currently under pressure. The technical outlook suggests a potential bullish correction to test the resistance area near $32.05, but this is likely to be followed by a downward rebound. Additionally, market indicators such as oscillators on the daily chart are gaining negative traction, indicating a path of least resistance to the downside.
**Long-term (next few weeks to months):**
* Expected price movement: Down
* Reasoning: The analysis suggests that silver prices are vulnerable and may continue to decline unless there is a strong breakout above key resistance levels. The technical outlook indicates a potential continuation of the fall, targeting levels below $28.45. Furthermore, the strengthening of the US Dollar following the presidential election is likely to maintain downward pressure on silver prices.
It's worth noting that a strong breakout above $33.65 could indicate continued growth to the $35.05 area, but this scenario seems less likely based on the current analysis.
Result: ST=Down LT=Down
Analysis Method(1)
Based on the provided analysis, here are my conclusions on the expected price movement of XAG/USD (Silver) in both the short-term and long-term:
**Short-Term Analysis (next few days/week):**
* The price is expected to go down. The current price action suggests further potential declines, with support levels identified at $30.40-$30.35 (100-day SMA) and potentially lower to $30.00, $29.70, and the 200-day SMA near $28.55.
* However, there is an expectation of an attempt to develop a bullish correction in the price of silver, testing the resistance level near $32.05, followed by a potential downward rebound and continuation of the fall in price.
**Long-Term Analysis (next few weeks/months):**
* The price is expected to go down. The technical outlook indicates that any attempted recovery might be seen as a selling opportunity, with the path of least resistance currently to the downside.
* The strong US Dollar, bolstered by Trump's election victory, is a significant factor in the current downward pressure on silver prices, which is likely to continue in the long-term.
* However, if the price clears the $33.00 mark, it could target the October 31 high of $33.89 and potentially higher levels, indicating a potential reversal of the downtrend.
Overall, the analysis suggests that the price of silver is likely to continue its downward trend in both the short-term and long-term, with potential support levels at $30.40-$30.35 and $28.55. However, there is a possibility of a bullish correction in the short-term, and a potential reversal of the downtrend if the price clears the $33.00 mark.
Result: ST=Down LT=Down
Analysis Method(2)
Based on the analysis, here are my predictions for the Silver price (XAG/USD):
**Short-term (next few days to a week):**
* The price is expected to go down. The breakdown below the 50-day SMA and the short-term ascending trend-channel has triggered bearish sentiment, and oscillators indicate negative traction. The price is likely to continue its fall towards the 100-day SMA support around $30.40-$30.35.
* Immediate support levels to watch are $30.23 (100-day SMA) and the psychological mark of $30.00. If these levels are broken, the price could drop further to $29.70.
**Long-term (next few weeks to a month):**
* The price is expected to stay the same or go down slightly. The strong US Dollar following Donald Trump's victory in the presidential election is likely to keep Silver prices in check. The price may eventually drop below the $30.00 psychological mark, heading towards the $29.70 zone and the 200-day SMA near $28.55.
* However, if the price manages to break above the 50-day SMA breakpoint near $31.40, it could lead to a short-covering move, but it may not sustain and could fizzle out near the $32.65 region.
Overall, the technical analysis suggests a bearish sentiment in the short-term, while the long-term outlook is neutral to slightly bearish due to the strong US Dollar.
Result: ST=Down LT=Down
