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SILVERCFD trade ideas

XAUUSD Double Top Breakdown & Target – Bearish Reversal in Play?In today’s analysis, we focus on Silver (XAG/USD) on the daily timeframe, which is currently presenting a high-probability bearish reversal setup. The price action has completed a Double Top pattern — a classic reversal formation — and has broken down below its neckline support, signaling a potential shift in momentum from bullish to bearish. This chart setup is particularly valuable for swing traders, pattern traders, and anyone seeking to anticipate mid-term directional moves in the commodities market. 📐 Technical Breakdown: 🔷 1. Double Top Formation: The Double Top pattern forms after a sustained uptrend and is identified by two peaks at nearly the same level. In this case: Top 1 formed near $35.5. Top 2 retested the same zone but failed to break above. The neckline support — drawn across the $28 zone — was eventually broken. This price action confirms the classic M-shaped structure, signaling distribution and potential bearish continuation. 🔷 2. Neckline and Breakdown: After failing at Top 2, price dropped below the neckline, breaking critical horizontal support. This move completed the pattern, triggering many technical sell signals. Price is now retesting the neckline zone, a common phenomenon where broken support becomes resistance (known as a "retest"). This retest offers a textbook short opportunity if bearish confirmation follows. 🔷 3. Curve Resistance: The upper curved blue line represents dynamic resistance. It has successfully capped price action across multiple attempts and aligns with the pattern's second top — enhancing the strength of this rejection area. 🧱 Support & Resistance Zones: Resistance Zone: $34.50–$35.50 Strong resistance from both peaks (Top 1 & Top 2) and historical sellers. Neckline / Retest Zone: ~$28.00 Now acting as resistance — this is the critical level to watch for rejection or breakout. Support Zones / Take-Profit Levels: TP1: ~$26.40 — aligns with recent horizontal structure and minor support. TP2: ~$22.58 — matches major historical support and measured move projection from the Double Top pattern. 📉 Measured Move Target (Pattern Projection): To calculate the target from a Double Top: Measure the height from top to neckline. Project that downward from the neckline’s breakout point. In this case: Height: ~$35.5 – $28 = $7.5 Breakdown point: $28 – $7.5 = Target near $20.5–22.5 The TP2 at $22.58 matches this logic — further validating the downside potential. 🔄 Market Psychology & Sentiment: This pattern reflects a shift in sentiment: Bulls tried and failed twice to push through resistance. The eventual breakdown shows bearish conviction, and the ongoing retest represents a decision point. If sellers hold this level, we could see a cascade of downside pressure as stops are triggered and momentum builds. 🛠️ Trade Setup & Scenarios: 📌 Scenario 1 – Bearish Continuation (High Probability): If price fails to reclaim the neckline (now resistance) and forms bearish confirmation (e.g., engulfing candle, rejection wick, breakdown below $31), this confirms a likely move toward TP1 and TP2. Entry Idea: Short on rejection from the $28–$29 zone Stop-Loss: Above $30 TP1: $26.40 TP2: $22.58 📌 Scenario 2 – Invalidated Pattern: If bulls push price back above the neckline ($29–$30 zone) with strong volume and daily close, this invalidates the setup and may lead to: Bullish continuation toward $32–$34 Possible trend resumption if curve resistance breaks 🧠 Educational Notes: Double Tops are most reliable when: Formed at the top of strong uptrends. Followed by a neckline break with volume. Retested with rejection. The retest phase is often the best risk/reward entry because: It confirms resistance. Offers clear invalidation levels. Keeps your stop tight while targeting deeper moves. 📢 Final Thoughts: Silver is currently at a critical technical juncture. The Double Top breakdown has played out, and now all eyes are on the retest. If bears defend the neckline, this setup provides a strong case for continued downside, offering a clean structure with well-defined targets. ⚠️ Risk Management is crucial — always manage your position size and respect invalidation zones.
OANDA:XAGUSDShort
by GoldMasterTrades
XAGUSD[SILVER] : A Start Of Swing Sell, Comment Your Views?Silver is currently consolidating in the daily timeframe, with no clear indication of where the price may move forward. Looking at the volume of the last few days or week’s candles, we can confirm that a swing sell could be imminent in the market. Fundamentals and technical data support this view, as well as our own trading experience. This analysis predicts the future price of the XAGUSD (SILVER) but does not guarantee that the price will move exactly as described. However, we want to emphasise that this analysis should be used for educational purposes only and should not be considered as a secondary bias. We would love to hear your thoughts on this idea. Additionally, please remember to like, comment, and share the idea to encourage us to bring you more trading ideas! Much love ❤️ Team Setupsfx_
OANDA:XAGUSDShort
by Setupsfx_
20
Silver Long-Term Outlook: Wyckoff, Fibonacci & Volunacci in PlayOn the monthly chart, Silver is showing a strong setup for long-term investors. We can clearly identify two adjacent Wyckoff accumulation patterns, signaling institutional accumulation phases. Price action is following an ascending Fibonacci channel, reflecting a steady bullish structure. After breaking out of the second Wyckoff pattern, a Volunacci projection has formed—pointing toward a potential move to retest its historical high near $48. This alignment of classic technical patterns with volume-based projection tools strengthens the long-term bullish case for Silver.
FXOPEN:XAGUSDLong
by helsamra
Silver Finds Its Footing—Are the Bulls Back? (Elliott Waves)Silver rebounded quite aggressively in April, following Trump’s decision to impose a 90-day tariff pause. At the time, there was still a lot of uncertainty, so many investors turned to metals as a safe haven—particularly during periods of trade tensions. More importantly, we can see silver forming five waves up from the 28.34 low. In Elliott Wave terms, when we see a strong directional move that can be counted in five waves, it often represents the beginning of a new trend. That means the current pause is likely just a correction, and more upside should follow. The 31.00–31.50 area is a very interesting support zone for silver—an area from which we could see a rebound, possibly after a completed A-B-C setback from the 33.70 region.
OANDA:XAGUSDLong
by ew-forecast
SILVER: Target Is Down! Short! My dear friends, Today we will analyse SILVER together☺️ The market is at an inflection zone and price has now reached an area around 32.131 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 31.954.Stop-loss is recommended beyond the inflection zone. ❤️Sending you lots of Love and Hugs❤️
FOREXCOM:XAGUSDShort
by FreeXauusdSignals
1
Silver as a Proportion of M2 ExcessWe see here a parallel log channel of silver / (USM2 / USGDP), which is silver's spread over the ratio of excess M2 to GDP. So as M2 grows over GDP and there is excess liquidity, silver becomes cheaper. As M2 shrinks relative to GDP, silver is more expensive. The cup and handle calculated non-LOG gives a $67 breakout target and target of $128. Or we could follow the doldrums again and head back down to the bottom channel, yet these prices are the ratio of silver to excess m2, not nominal. If we overlay the LOG of silver and line it up, we see a discrepancy as silver should be around $89 using the spread chart. Indicating it is significantly undervalued relative to its nominal price as a proportion of excess M2.
TVC:SILVERLong
by Shauns_Trading
Silver Retreats on Semiconductor TensionsSilver pulled back to around $32.50 in Friday’s Asian session, giving up part of its recent gains following reports that the U.S. plans to blacklist several Chinese semiconductor firms. Given silver’s integral role in electronics and chip manufacturing, the news weighed on sentiment. Demand for precious metals has also weakened with easing trade tensions, as the U.S. and China agreed to reduce tariffs, cutting U.S. duties from 145% to 30% and China’s from 125% to 10%. Despite this, silver found support from a weakening U.S. dollar, which followed soft economic data reinforcing expectations for Federal Reserve rate cuts. Powell, however, warned that persistent supply shocks could complicate inflation control moving forward. Resistance begins at $32.50, with further levels at $33.80 and $34.20. Support is seen at $31.40, followed by $30.20 and $29.80.
FOREXCOM:XAGUSD
by ChartMage
Silver SurgeHello traders, Hopefully everyone is doing and performing well. My trade-idea finally shaped up after a few weeks on Silver. Patience pays: Silver has formed a 4H corrective structure in the shape of a running channel / 3-touch flag with an accepted override. While the flag itself doesn't make the setup highly probable on its own, the higher time frame (HTF) still supports a bullish trend. Recent near-misses of previous highs suggest potential for downside liquidity grabs, but the correction may have built up enough volume to push price toward the third touch of the weekly running channel. Clockwork in the making.
OANDA:XAGUSDLong
by FlappenmanFX
SILVER / USD (XAG/USD) – Market OutlookMarket Condition: Sideways / Ranging Bias: Bullish (Breakout Anticipation) Strategy: Pending Buy Stop Order Trade Plan: I’m placing a Buy Stop above the consolidation zone to catch the breakout if price accelerates upward. This strategy allows me to avoid false breakouts and only enter if momentum confirms direction. Split Positioning ensures that I can lock in profits early with TP1 while letting the second trade run to TP2 if the trend strengthens. Summary: I’m patiently waiting for confirmation. If price breaks above the current sideways range, I’ll be in the trade with a defined risk/reward setup. Until then, I stay on the sidelines and let the market come to me — no chasing, just clean execution. 🛑 As always, manage your risk and monitor any major economic news that could trigger volatility.
CAPITALCOM:SILVERLong
by asimafridi
Silver Shines Again! | XAGUSD Long Trade IdeaXAGUSD is showing bullish potential as price rebounded strongly from a key support zone, forming a higher low structure. On the 4H chart, price has broken above the descending trendline and is now trading above the 50 EMA – a classic bullish confirmation for trend continuation. With bullish momentum building, a pullback to the breakout zone or the 50EMA could offer an attractive entry opportunity for long positions. Look for confirmation with bullish candlestick patterns or strong volume push. 🎯 Potential Target: Previous swing high / Pivot resistance 🛑 Stop Loss: Below recent higher low or 50EMA support zone 📚 Educational Note: In metals like silver, trendline breaks coupled with EMA alignment often provide high-probability setups. Always wait for confirmation to avoid fakeouts.
PEPPERSTONE:XAGUSDLong
by Amitrading