XAGUSD - SHORTXAGUSD - SHORT I was expecting a drop last week, but the market went up impulsively, next week DXY can start pushing up and all the majors and commodities can drop or can make bigger corrections. look for the sell setup on the current level or in the red box above, the red line will be invalidation. risk small and use SL No setup No trade Shortby Ragunath-London1
Silver - Bullish ContinuationTVC:SILVER is currently in a strong bullish trend on daily timeframe. Recently price broke through the resistance trend line and lower high and created a higher low on 4 hr TF. Expecting price to retrace before continuing with the bullish momentum!Longby Tempo_Trades2
Silver Weekly Chart AnaylsisWhen the pandemic hit in March 2020, SILVER traded firmly down and broke the bottom of its range of $14 to $11.82, closing the week back within the range and using the momentum of high demand during uncertainty to break out of the top of the range. From there, it traded to the next support turn resistance level of $28 in Q3 of 2020. It took 2years of consolidation to retest the top of the range of $18 before heading back up, forming a new uptrend. Recently, it broke the resistance level of $30, and it should head up and test the resistance level at $34.50.Longby And0t0
Silver prospects.Over the next 1.5 to 3 years, silver will storm the historic $48 level. by averkie_skila227
silver to $33ishAfter June's falling and consolidating, I am expecting silver to rise from the breakout point 2~3 usd, to reach around $32-33ish. in 2 weeks.Longby Propro20202
SILVER - near his swing resistance? hold or not??#SILVER... perfect move as per our video analysis, and market perfectly palced our aeas, now market is near to his swing resistance area and that is 30.98 to 31.12 keep close that resistance region because if market hold it then drop expected from here. good luck trade wiselyby AdilHussain7313330
SILVER Will Go Up! Buy! Here is our detailed technical review for SILVER. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 29.039. Taking into consideration the structure & trend analysis, I believe that the market will reach 29.405 level soon. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 223
Is $SILVER performing a fake out?#xagusd #silver price has broken out the bear channel but bearish divergence and probable double top may trigger the price to retrace to retest zone or into the channel again. Not financial advice. by naphyse1
XAGUSD SHORT 30.530 SL & TP ON CHARTTaking a low risk sell position on silver looking for a return back to last weeks lows 29.300 area, I believe gold is also sells from 2363 back to 2330 area which will assist this trade. Likely to see both gold and silver stay in its current range for the next few weeks take advantage of these swings. DXY sitting nicely at 105 flat, crypto market bleeding, global tensions appearing to be reducing....not sure fundamentally why we should see a breakout of Gold & Silver at this current time Risk is 1% looking for 3R as usual trade responsibly Shortby PGTrades7
Silver to test Highs?Hi Guys, XAU/USD , silver , looks like it is back in control of buyers after the recent selloff. Much like its counterpart, Gold, Silver has created a double bottom right on the Anchored Vwap from an important low, (made in February). The pullback from its recent high and the double bottom are in the Fib golden zone using recent high and daily support as the high and low and on the demand zone created in May from its last run up. Also it has climbed back over its key moving averages with some strong 4 hour candles once it cleared the 50ma. Silver is in uptrend now on the 4 hour and a pullback and retest of the demand zone created by clearing the resistance (blue box) and broken down trendline (There is another trendline connecting the very top points on the chart which I think is of more importance than the channel trendline and that upper line will form resistance with the first red shaded resistance zone) could provide a good buy opportunity with nice risk to reward. Safe Trading allLongby elyask120Updated 116
#SILVER: Time for another bullish move? Comment down your views!OANDA:XAGUSD Price is in sideways in smaller timeframe, possible price was waiting for fed decision on interest rates, however, the news came out to be mixed. It is still not (100%) clear that the price will rebound straightforward. Likely, we will see mix price actions in coming time. Good luck and trade safe. **Trade safe and if you like the idea and matches your bias, like and comment the idea, for more follow us** Team SetupsFX_Longby Setupsfx_Updated 6626
Trading Signal For XAGUSD Silver Trading Setup: There is a Trading Signal to Buy in XAGUSD OANDA:XAGUSD Silver 4h Traders can open their Buy Trades NOW ⬆️ Buy Now or buy on 29.6 ⭕️SL @ 28.8 🔵TP1 @ 32.2 🔵TP2 @ 34.5 🔵TP3 @ 37.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .Longby pullbacksignal9
XAGUSDPair : XAGUSD ( Silver / U.S Dollar ) Description : Impulse Correction Break of Structure Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves RSI - Divergence Bearish Channel as an Corrective Pattern in Short Time Frameby ForexDetective3
XAGUSDPair : XAGUSD ( Silver / U.S Dollar ) Description : Impulse Correction Break of Structure Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves RSI - Divergence Bearish Channel as an Corrective Pattern in Short Time Frameby ForexDetective3
Short silver, short-middle term trade.I see that price of Silver is oversold. I would expect to catch pull back during the dayShortby rafael_kyrdanUpdated 1
SILVER LOCAL SHORT| ✅SILVER is going up to retest a horizontal resistance of 30.86$ Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 30.28$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx2
SILVER ( CONTINUES TO FALLING )XAGUSD HELLO TRADERS AT 15.30 have a important news , huge affect a movement price Tendency the price is a bearish pressure in 28.68 TURNING LEVEL : the price turning level at 28.68 , price stable below this level by open 4h candle it becomes reach a support level , but until trade above this level reach to resistance level RESISTANCE LEVEL: if the price breaking turning level at 28.68 , the price will rise to 29.68 and 30.28 , then stable this level reach to 30.82 SUPPORT LEVEL : the price trade below turning level 28.68 , it will reach the support level of 28.21 and 27.45 , stable this level reach to 26.50 ------------------------------ * Thank you , if you support this idea with your likes and comments , I hope you a profitable day🤍🤍🤍🤍🤍 by ArinaKarayiUpdated 2210
Silver yellow fifth wave opensSilver 4-hour wave count: Silver is currently in the main upward trend of the white third wave, and the yellow fourth wave WXYXZ correction corresponds to the yellow second wave, which has now ended. The yellow fifth wave has started to rise, and the big target is 40.Longby qwekjc3
Silver (XAG/USD) H1 Channel BreakoutThe XAG/USD pair on the H1 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry : Consider entering a Long position around the current price of 29.45, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 30.35 2nd Support – 30.83 Stop-Loss: To manage risk, place a stop-loss order below 28.50. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you. Longby KABHI_FOREX_TRADINGUpdated 131332
Multiple pattern analysis on XAGUSD (GOLD) 30m chart- Descending Channel: There is a prominent red descending channel, marked by red dashed lines, indicating a general downtrend. - Ascending Triangle: Within the descending channel, there is a green ascending triangle pattern formed by higher lows and a relatively horizontal upper trendline. - Symmetrical Triangle: There are also indications of a symmetrical triangle (blue lines) within the more recent price action, suggesting a potential breakout. Volume Profile Analysis - Volume Nodes: There are significant volume nodes at key levels, particularly around the $29.40 . These areas indicate strong buying and selling interest. - Low Volume Areas: There are lower volume areas in between these nodes, suggesting potential zones for price movement with less resistance. Price Action Analysis 1. Top Right (1-Month Candle Chart): - Trend: The long-term trend appears to be bullish, with recent months showing strong upward momentum. - Candlestick Patterns: Recent monthly candles show higher highs and higher lows, suggesting continuation of the uptrend. 2. Mid Right (2-Week Candle Chart): - Trend: The 2-week chart also indicates an uptrend, with the last few candles showing a significant upward move. 3. Bottom Right (Weekly Candle Chart): - Trend: The weekly chart shows a bullish trend, though the most recent candle indicates some bearish pressure. Possible Trade Based on Analysis - Long Trade: - Entry: Consider entering a long position if the price breaks out above the symmetrical triangle (around $29.60) with strong volume, confirming the continuation of the uptrend. The chart presents opportunities for both long and short trades depending on the breakout direction of the symmetrical triangle. The long-term and mid-term trends are bullish, but caution is warranted given the potential for a short-term reversal. This analysis is provided for informational purposes only and should not be considered financial advice. Trading financial instruments involves risk, and you should perform your own research and analysis before making any investment decisions. Always consult with a professional financial advisor.Longby TJalamUpdated 1
Bullish Reversal in Silver AheadWill we now see a bullish reversal in silver? It seems so! The price has formed a double bottom after finding support in a fair value gap from the daily timeframe. There is a MarketStructureShift in the subordinate time frames (from H3). We are therefore now bullish for silver.Longby OchlokratUpdated 2
XAGUSD Ready for a Major Move After Breakout! Introduction Silver (XAGUSD) has been a fascinating asset to watch, especially for long-term traders. After a prolonged consolidation period of 200 weeks, the recent breakout has caught the attention of many market participants. This analysis delves into the potential bullish scenario unfolding for XAGUSD, supported by multi-timeframe technical insights. Weekly Timeframe Analysis After 200 weeks of consolidation, XAGUSD has finally broken out of its range with a powerful bullish candle that ticks all the boxes for a breakout (large size and full body). Last week’s pullback sets the stage for further upward movement this week. If XAGUSD manages to close above 31.631 this week, we could see a move similar to the previous bullish wave, targeting a high of 41. But let’s not forget the key resistance at $35 on the way up! Daily Timeframe Analysis The price is riding a curved trendline, consistently making higher highs and higher lows, which confirms the bullish trend. Given this upward momentum in the higher timeframe, breaking above the yellow line on the daily chart could pave the way for a long trade aiming for 32.15. An RSI close above 56.68 will provide additional confirmation of the bullish momentum. 4-Hour Timeframe Insight Currently, the price is correcting within a descending channel and has reached the top of this channel. Given the bullish momentum in higher timeframes and the strong momentum of this 4-hour bullish wave, along with the RSI nearing the overbought zone (potentially causing FOMO), there is a high probability of an upward breakout. If the channel is broken with a strong candle on the 4-hour chart, I expect the price to move upward by the width of the channel, targeting the daily resistance at $32. Conclusion XAGUSD is showing significant bullish signals across multiple timeframes. The weekly breakout, daily higher highs and higher lows, and the potential 4-hour channel breakout all point towards a strong upward move. Traders should keep an eye on the key levels mentioned and watch for confirmations such as the RSI close above 56.68. With a possible target of 41 in sight, silver could be poised for a major rally. Stay tuned and trade wisely! Disclaimer This analysis is for informational purposes only and does not constitute financial advice. Please conduct your own research and consult with a professional financial advisor before making any trading decisions. Longby pouoyannn2215