Silver Investors Should Be Cautious HereCaution is warranted here in the #silver market.
If the correction in silver follows the same ABC pattern we saw between May & August, we may have one final selloff before the bull market resumes in force.
XAGUSD trade ideas
#XAGUSDT ( silver )Inside a green pattern is oscillating.
My personal opinion is that
Until it comes under the support of the green line (under $29.7)
Can you consider the green pattern kiss on the ceiling
SILVER Will Go Higher From Support! Buy!
Please, check our technical outlook for SILVER.
Time Frame: 15m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 31.396.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 31.547 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
XAGUSD Silver: Is the Bullish Breakout Here to Stay?👀👉 Silver (XAG) has been gaining bullish momentum, with a clear breakout in market structure visible on the daily and 4-hour timeframes. My bias remains bullish, and I’m closely monitoring a retracement into the Fibonacci 61.8% zone for a potential entry. In this video, we take an in-depth look at Silver, applying a trend continuation strategy to identify high-probability setups. Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always conduct thorough research before making trading decisions. 📊✅
SILVER: Move Up Expected! Buy!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 31.54737$
Wish you good luck in trading to you all!
SILVER SHORT FROM RESISTANCE
Hello, Friends!
We are targeting the 30.477 level area with our short trade on SILVER which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
✅LIKE AND COMMENT MY IDEAS✅
Silver price alining bullishly in the key Daily Chart
I think we might get more upside moves in the Gold and Silver price.
I think the daily silver chart is looking for a buy entry today. Long term trend-line is in a bullish alignment and it's coming out of an oversold state offering attractive buy prices to investors.
I EXPECT SOME SELLING to occur for the next little while and perhaps a move down and then a brief consolidation before a move up.
XAGUSD_4H_SellSilver analysis update Elliott wave analysis The market is trying to make an upward correction, and this top can be considered Elliott wave 4 We are an important resistance area and we are not currently buying the market to create a new position The important number and range of resistance is 31 to 32 The medium-term time number and support is 30.55. If this number is lost, we will enter the last wave of decline as wave 5 to the target of 28.800.
IS SILVER READY FOR UPWARD RALLY?Silver!
N.B!
- XAGUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#silver
#xagusd
Silver Gains Traction: Short-Term Upswing Expected● Silver continues to exhibit a robust uptrend, having recently touched an all-time high of 34.9 before retracing to its key support zone around 29.8.
● Following a successful bounce off this level, the metal is now regaining momentum, positioning itself for further gains.
● Notably, the immediate resistance level – aligned with the 50% Fibonacci retracement, just 3% above the current price – presents a prime short-term buying opportunity for traders to ride the anticipated upswing.
Silver H4 | Potential bearish reversalSilver (XAG/USD) has reversed off a resistance zone identified by the 38.2% Fibonacci retracement and the red Ichimoku Cloud, and could potentially drop lower from here.
Sell entry is at 31.17 (at market).
Stop loss is at 32.25 which is a level that sits above the 50.0% Fibonacci retracement level and a swing-high resistance.
Take profit is at 29.79 which is a swing-low support.
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SilverDuring last weeks trading session, I highly anticipated the upside on silver, unfortunately it continued with a pull pack to the downside and we lost a couple of trades trying to find a better price point. Yesterday i took an early entry for the upside which is currently paying off, previous trade entry has been triggered and is now in profit, basically we have recovered our losses from the previous week, just by sticking to the trading plan and risking low all the time for higher reward. Please see previous ideas to see where we come from last week. two new entry points have also been uploaded here, fishing for those entry prices as well, please trade with caution.
XAGUSD. Trading opportunityHello traders and investors!
On the hourly timeframe, it's a long trend. In the last impulse, the key bar is in the middle at the 50% level of the impulse (!).
Locally, you can look for buying opportunities from the buyer’s defense of the 31.272–31.2 range. It’s better to set close targets, like the local high, or trail the trade. The buyer may be able to reach 32.16.
On the daily timeframe, the seller's vector 9-10 within the range is still relevant.
Good luck with your trading and investments!
Potential bullish rise?The Silver (XAG/USD) has reacted off the pivot and could rise to the 1st resistance which is a pullback resistance.
Pivot: 31.00
1st Support: 30.24
1st Resistance: 32.05
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BUY SILVER (XAGUSD) - Price action entry strategy explainedTrader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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SILVER 24hr PotterboxSILVER 24hr Potterbox. Silver has bounced off of the floor of the box. $30.201 its going up. its over the 200 day moving average with a green candle as i write this. $31.227 Well it will probly go up to the 50 % line. but it will take a week or 2 to make that move. it will be fun to watch and see where it goes. Educational purposes only. not sound financial advice. Have fun trading.
Silver Simplified: Chart Insights & Trade IdeaCAPITALCOM:SILVER
Greetings everyone ,
I like when charts are easy to read—it helps make trading decisions easier.
On the Chart today, I have XAGUSD (Silver/US Dollar).
The price of XAGUSD is currently: $31.18oz.
What Are the Benefits of Silver
Silver offers several advantages for investors and traders alike:
1. Hedge Against Inflation:
Like gold, silver is often viewed as a store of value, making it an effective hedge against rising inflation and currency devaluation.
2. Industrial Demand:
Silver is used extensively in industries such as electronics, renewable energy (solar panels), and medical applications, ensuring consistent demand.
3. Accessibility:
Silver is more affordable than gold, making it an ideal choice for small-scale investors or those looking to diversify.
4. Liquidity:
Silver can easily be bought and sold in various forms, including ETFs, futures, and physical bullion.
5. Volatility Opportunity:
Silver tends to be more volatile than gold, offering traders higher profit potential during market swings.
Does Silver Rise During Inflationary Periods?
Yes, silver often rises during inflationary periods. When inflation erodes the value of fiat currencies, investors flock to hard assets like silver and gold to preserve their purchasing power.
Key reasons silver performs well during inflation:
• Weaker Currency Value: Inflation typically weakens currencies, driving up the price of dollar-denominated assets like silver.
• Increased Demand for Safe-Haven Assets: Investors seek alternatives to cash, and silver, being more affordable than gold, often sees increased demand.
• Industrial Applications Benefit: In an inflationary environment, industrial activity can also contribute to silver’s rise due to higher commodity prices across the board.
Technical Analysis 💡
Silver / XAGUSD recently broke out of a downtrend and is showing bullish continuation.
Bullish continuation is seen when price reclaimed the $30.17 level where it bounced / wicked multiple times.
Volume analysis
Also notice the empty volume pocket between
The peak of the volume and where it touched the green box highlighted at $30.172oz. Can be seen when zoomed in on the 45m chart.
Trade Entry
We have technically missed the most optimal entry point. However never forget there is always opportunity to make money in the market 💴.
Trade setup look for re-entry on any strong break above $31.242 targeting $32.25.
Best,
C Lemard
#kissmethod #silver #commodities #trading #xau #gold
SILVER Will Keep Growing! Buy!
Hello,Traders!
SILVER has made a strong
Rebound from the horizontal
Support level of 30.00$
And as we are locally bullish
Biased we will be expecting
A further move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
XAGUSD_30MAnalysis of silver in the short term The formation of the ABC correction pattern and the main resistance range of silver is 31.33 and it can enter the fall on the side of the number 30.55.
XAGUSD: 28/10/24After touching new levels, not seen in years. History shows theirs a high probability we're due to see something big.
Silver sits at around 33/o after climbing and tickling 35/o...
A retest of 32/o and climb to new highs is a high probability.
4-hr SILVER: Short Term Pullback in SilverIn recent weeks, Silver has experienced a sharp decline of $5, marking a nearly 20% drop. This significant downtrend has been driven primarily by the strength of the U.S. dollar. The dominance of sellers in the market is underscored by a classic Death Cross pattern, where the 20-day moving average (MA) has fallen below the 60-day MA, signaling a strong sell-off. Despite this bearish pressure, Silver's lower price levels have attracted short-term buyers, who managed to push the price back up above $30.90, aligning with the 23% Fibonacci retracement level. This bounce indicates a potential corrective rally that could continue to the $31.55 area, corresponding to the 38% Fibonacci retracement. If this level is tested, it may offer an attractive entry point for short sellers looking to capitalize on the broader downtrend
