Silver EW countSilver EW counts TVC:SILVER FXOPEN:XAGUSD MCX:SILVER1! CAPITALCOM:SILVER ACTIVTRADES:SILVER OANDA:XAGUSD FOREXCOM:XAGUSD
Silver elliottwave count
XAGUSD trade ideas
Does silver correct?
Hello my dears
We are at your service with silver analysis. In the drawn diagram, we considered 3 goals that there is a possibility of seeing these goals in the future.
There are 9 black dotted lines that are placed as resistance in the way of candles. We want to check the reaction of silver price when reaching these diagonal resistance levels.
If you like my analysis, support me with likes and comments. thank you
$SILVER long ideaSilver might find a floor in the upcoming days! I will be watching the next support levels for that!
Silver / US . DollarHey traders
We have a silver set up here buy limit, I am hoping it will push up a little from this support level, all details down below.
Kindly please like follow and comment be a great help thanks
Entry 29.00000
Sl 28.65984
Tp 30.50000
This chart material is for educational purposes only / Demo account should be traded only
Silver is at its crucial level of support Silver price is in the lower band of bullish flag pattern, I do not understand the reason for falling of gold and silver it's only bull trapping going on what I feel, silver will definitely be very bullish in the coming days, I am buying and holding from here now.
SILVER Is Bearish! Short!
Please, check our technical outlook for SILVER.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 29.051.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 27.611 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
XAGUSD double top patternOn the daily chart, XAGUSD formed a double top pattern, and the bearish trend is dominant. At present, we can pay attention to the resistance near the neckline of 28.56. If the rebound is blocked, we can consider shorting, and the downward target is around 26.00.
SILVER ( XAGUSD ) Support Breakout At $28.526 25.07.2024- XAGUSD support breakout at $28.526 on the 4HR chart.
- If confirmed, targets are $27.442 and $26.064.
- If breakout fails, potential resistance targets are $29.378 and $30.047.
Apply risk management
Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure.
BDSwiss is a trading name of BDS Markets and BDS Ltd.
BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene.
BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350)
Disclaimer
Silver potential Buy setupReasons for bullish bias:
- Price gave channel breakout
- Price bounced from daily support
- Safe entry at HH breakout
- Bullish divergence
Trade Plan:
Entry Level(Buy stop): 29.579
Stop Loss Level: 28.432
Take Profit Level 1: 30.726
Take Profit Level 2: 31.873
Silver Trend BreakWell I thought things might be looking like we were going to gap up and bounce a little tomorrow, but it's strange to see what's happening after the bell. Crypto and metals are falling off a cliff. Somehow they held up all day as NQ was tanking, but ETH is melting and BTC broke its uptrend as well.
Not to mention VX is green on the session again and is approaching a major break from a downtrend that started in September of 2023. Long way to go until open in the morning, but I am not feeling as optimistic as I did at close.
Bullish reversal?The Silver (XAG/USD) is falling towards the pivot which acts as a pullback support and could bounce to the overlap resistance.
Pivot: 28.67
1st Support: 28.18
1st Resistance: 29.31
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Elliot wave count for silver/usdUsd and the Dow looking shaky, money starting to come into precious metals/commodities, Silver looks good for a nice move here
XAG/USD: Unique Buying Opportunity Amidst Pivot Point ChallengeHello Everyone,
XAG/USD is currently presenting a unique buying opportunity! However, caution is advised as the price is currently below the 1-day, 1-week, and 1-month pivot points. The first sign of a bullish continuation will be the price staying confidently above the 1-day pivot point. With all factors aligning, more upside is anticipated!
TradeWithTheTrend3344
SILVER Set To Grow! BUY!
My dear friends,
Please, find my technical outlook for SILVER below:
The price is coiling around a solid key level - 29.283
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 29.853
Safe Stop Loss - 28.945
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
SILVER ( TRADING ABOVE DEMAND ZONE ) ( 4H )XAGUSD
HELLO TRADERS
Tendency , the price is under bullish pressure , until trading above turning level .
TURNING LEVEL : the price of turning level around , 28,68 , so if the price breaking this level reach a first support level , as long as silver price trading above this level reach a first resistance level .
RESISTANCE LEVEL (1) : this level around 29,66 , for reach this resistance the price it will stabilizing turning level or corrective this level .
RESISTANCE LEVEL (2) : around 30,48 , for reach this level it will be breaking by open 4h candle above resistance level (1)
SUPPORT LEVEL (1) : this level around 28,01 , for reach this support level the price need breaking a turning level .
SUPPORT LEVEL (2) : support level at 27.12 , for reach this level the price will be breaking by open 1h or 4h candle below support level (1) .
CORRECTIVE : the price may be corrective turning level at 28,68 , before rising .
TARGET LEVEL :
RESISTANCE LEVEL :29,66 , 30,48 .
SUPPORT LEVEL : 28,01 , 27.12 .
Silver poised to move lower after US CPI dataSilver poised to move lower after US CPI data
Yesterday during the US CPI data Silver increased up to 31.70 but it couldn't manage to rise further.
Today, the market is again focused on the US PPI data for another speculative move.
However, we may see Silver moving down considering that it is already well positioned.
I am not expecting gold moving down like a rock as it will take time but the direction should continue to be down.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
XAGUSDTWe can attempt to short XAGUSDT from specified level as it break HL , also bearish divergence occur indicate that it moves downward.
SL , TP mention in chart.
XAUUSD/XAGUSD afternoon updateComparing XAUUSD and XAGUSD, bullish counts. I have XAUUSD in wave 5 of (3) of ((5)), and I have XAGUSD in wave 3 of (3) of ((3)).
Ideal targets for XAUUSD and XAGUSD are 3279.14 and 47.067, respectively.
Silver educational Silver find strong support level,we also have a rejections candlesticks in this level which is pin bar n bullish ingulfing,this candlestick if they appear in a support or resistance that's were you can easily have confirmations of your predictions aswell.
SILVER - at resistance? holding or not??SILVER.. well guys market perfectly moved as per our video analysis and now again at his most important resistance zone that is 29.01 to 29.10 around
keep close that region because if market hold it then drop expected from here.
dont be lazy here.
good luck
trade wisely
SILVER: Bullish Continuation & Long Trade
SILVER
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long SILVER
Entry Point - 29.050
Stop Loss - 28.410
Take Profit - 30.224
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
XAG/USD Outlook ICT ConceptsSilver Analysis (XAG/USD)
💡Previous Analysis Review:
In the previous analysis, we expected the price to have a retracement higher and then continue lower to the previous month low. However, the price ran through the previous month low without the expected retracement and is now playing above it.
📍Current Market Overview:
Currently, the price is around 29.0100. The previous week low has already been swept, and the bias is bullish due to this sweep and also because some low resistance liquidity levels have been taken.
🔍 Identifying Key Levels:
The chart highlights several significant levels and zones influencing the current market behavior:
PML: Previous Month Low
PWH: Previous Week High
BSL: Buy-Side Liquidity
SSL: Sell-Side Liquidity
📊 Key Considerations:
Current Price Position: The price is trading around 29.0100, above the previous month low.
Previous Week Low: The previous week low has already been swept, indicating a potential bullish bias.
Low Resistance SSL Levels: These levels below the current price have been taken, contributing to the bullish bias.
📈 Bullish Scenario:
Given the current price action and key considerations, a bullish scenario is possible if the following conditions are met:
Sweep PML: The best scenario for long positions would be a sweep of the previous month low.
Continuation Higher: After sweeping the PML and taking out low resistance SSL levels, we can expect the price to continue higher.
📉 Bearish Scenario:
A bearish scenario should be considered if the following conditions are met:
Key BSL Levels Taken: For any short positions, we need the key buy-side liquidity levels to be taken first.
Create Low Resistance BSL: Alternatively, if we create low resistance BSL levels in the lower time frame, a sweep of those could give us a short position towards the previous month low.
📊 Chart Analysis Summary:
Bullish Expectation: The expectation is for the price to potentially sweep the previous month low (PML) and then continue higher.
Bearish Expectation: For a bearish scenario, we need the key buy-side liquidity (BSL) levels to be taken out first, or the creation and sweep of low resistance BSL levels in the lower time frame.
Understanding these key levels and the current market behavior helps in making informed trading decisions.
