Silver LongThis is a high probability setup for the silver for the coming days, wait for short term price confirmation.Longby Vitezabraham2
XAGUSD tm:1hHello traders. I hope you doing well. These areas are based on my personal strategy and I will share it with you. Open a sell position on the supply area or open a buy position on the demand area. Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account. But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading. I hope you will achieve maximum continuous profit with me by using supply and demand areas. Good luck traders. Mohammad Goodarzi by itsbluemorpho4
Silver - 1H BullishSilver was in a bullish trend, and this descending channel can act as a bullish flag. The bottom of it can be good support for silver. As you can see on the chart, XAGUSD had a perfect reaction to that zone, indicating it can rise more.Longby Sober_Trading1112
Uptrend still intact with slightly modified uptrend.This is not financial advise & is only for educational purposes. Trade at your own risk as I will not be held responsible for any losses that may happen. Good luck with your trading. Longby RaSantana1
SilverDidn't expect Silver to hit the OB so early, thought we'd get a gold run out lower to the IPDA first... Still hopeful, maybe not - have to see how today / tomorrow plays out.by Cb98_0
SILVER-SELL Strategy Daily chartThe precious metal is forming an "M-Top" and since we have a potential doji bottom today, we may see pull back towards $ 31.50, which one could see as a small shoulder formation before moving lower again. Strategy is SELL @ 30.50 - 31.50 for a move towards $ 27.50 profit area. SL somewhere abve $ 32.50. Shortby peterbokma0
SILVER XAGUSD Bearish Side Money Heist PlanMy Dear Robbers / Traders, This is our master plan to Heist Silver Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: Day traders & Scalpers If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.Shortby Thief_TraderUpdated 1
Reversed The Trade After Initial Stoploss Towards Upside TriggerSelling XAG now. Across the board XAG is on a massive discount. Reversed my initial trade of going long after my SL has been triggered while going towards the upside. 1419SGT 03062024 Shortby ProfessionalDuckHunter0
Silver Bottomed Out?Major range drawn on the Hourly Time Frame. Buyers has managed to get sellers to give a massive discount, at the Major Support price level of as drawn on the Hourly Time Frame(level is obvious, look at the Hourly Time Frame). Sellers testing the water at raising prices bit by bit. Would the buyers bite? I am not sure. I bought in based on the signs of buyers trying to get in cheap. 1034SGT 03062024 Add : Going for 1.59R TP Longby ProfessionalDuckHunter0
Heading into 38.2% Fibonacci resistance?XAG/USD is rising towards a resistance level which is an overlap resistance that lines up with the 38.2% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 30.967 Why we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 31.788 Why we like it: There is an overlap resistance level which lines up with the 78.6% Fibonacci retracement. Take profit: 29.797 Why we like it: There is a pullback support level which lines up with the 100% Fibonacci projection. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Shortby VantageMarkets9
SILVER LOCAL LONG| ✅SILVER will soon retest a key support level of 30.10$ So I think that the price will make a rebound And go up to retest the supply level above at 30.60$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx112
Possibly Ascending ChannelI see silver moving according to this scenario. I will only sell some of my silver when hit 50-60 dollars. I believe once we hit those levels price will go down and then sideways for sometime (1-2.5 years) and ill be buying more around 40 dollars.by Se7enSkies9
Silver Get ready for massive runSilver has been testing the pactience of investor community for a very long time. Known as a poor man's Gold this commidity mimicks the gold price but moves are sudden and strong. Gold has been in past 5 years moving within the range of triangle and getting into a squeeze period. looking for breskout upward and flow the Gold price move. by spiritedDingo47834Updated 12
SILVER: Small Corrections And Then Shoots Up! TVC:SILVER Expecting small correction to our identified area, and a strong bounce from our region is expected. The trend is still extremely bullish however, as we said price is making a correction once it completed and at the rejection we can enter. **If you like the idea then please like,comment and follow us** Team Setupsfx_ Longby Setupsfx_8840
Double Top on XAG/USD @ D1This double top pattern has formed on the daily chart of the XAG/USD pair (Silver) following a rather long bullish trend. It can be used as a downside breakout setup. The two tops are marked with the upper yellow line; the neckline is marked with the lower yellow line. My potential entry level is at the cyan line (10% of the pattern's height below the neckline). My potential take-profit level is at the green line (100% of the pattern's height below the neckline). My potential stop-loss is not shown on the chart and will be set to the high of the breakout candle or to the high of the preceding candle if the breakout one trades mostly outside the pattern's borders. I won't be trading a bullish breakout from this trend-reversal pattern. Shortby AndriyMoraru4
XAGUSD : a cup and handle on the logarithmic monthly chart. The logarithmic chart of XAGUSD with three-month candles highlights a classic "Cup and Handle" formation, which is typically a bullish continuation pattern, indicating a strong likelihood of long-term price appreciation. The cup formation is evident with a rounded base that began in the 1980s, peaking in 2011 near $50. The subsequent correction has formed the rounded part of the cup leading up to the present. The market currently appears to be forming the handle, characterized by a lateral consolidation or slight downward movement before a potential bullish breakout. Support and Resistance Levels - Key Support: Immediate support levels are around $26.75,28$ and $30.47. - Key Resistance: Major resistance levels to watch are around $34, $35.43, $40.28, $44.29 and $47.60. Price Projections Based on the "Cup and Handle" pattern and technical analysis: - Short-Term Projection (1-2 years): After breaking out from the handle, silver could test resistance levels around $40-$45. - Medium-Term Projection (2-5 years): Continued bullish momentum could drive prices towards $60-$70. - Long-Term Projection (5-10 years): Given the historical pattern and fundamental support, silver could potentially reach $150-$300 per ounce, aligning with the upper trajectory shown on the chart. Fundamental Analysis Global Economic Conditions: - Economic Growth and Recession Risks: Silver demand as a safe-haven asset increases during economic instability or recession. Current projections indicate growth for Central Europe, but Western Europe, especially Germany, faces industrial production declines and persistent economic challenges. The global economic outlook remains uncertain, with sub-trend growth in many advanced economies due to restrictive monetary policies aimed at controlling inflation. - Inflation and Monetary Policy: High inflation is a critical factor affecting silver prices. Central banks, including the U.S. Federal Reserve, maintain restrictive monetary policies to combat inflation, influencing commodity prices like silver. As inflation moderates, potential interest rate cuts could positively impact silver prices. Geopolitical Factors: - Geopolitical Tensions: Silver prices respond to geopolitical events, increasing market uncertainty and demand for safe-haven assets. In 2024, potential conflicts and heightened tensions between major economies such as the U.S. and China, and ongoing conflicts in Europe and the Middle East are significant factors. - Trade Wars and Tariffs: Trade tensions and tariffs disrupt global economic stability, influencing silver prices. Significant developments in U.S.-China trade relations or other major economic policies can shift investor sentiment towards commodities like silver. Growing Demand for Silver - Industrial Demand: - Photovoltaic Cells: Silver is a key component in photovoltaic (PV) cells used in solar panels. The demand for silver in this sector has been growing significantly. In 2021, the solar industry consumed approximately 105 million ounces of silver. With the increasing focus on renewable energy, this demand is projected to grow by 8% annually, potentially reaching 140 million ounces by 2030. - Electronics and Automotive Industries: Silver is extensively used in electronics due to its superior conductivity. The automotive industry, particularly with the rise of electric vehicles (EVs), has also increased its silver consumption. The EV market alone is expected to consume around 55 million ounces of silver annually by 2030, up from approximately 45 million ounces in 2020. - Medical Applications: Silver’s antibacterial properties make it valuable in medical applications. The medical sector's demand for silver is projected to grow by 6% annually, driven by increased use in medical devices and coatings. Energy Markets - Correlation with Oil Prices: The correlation between the U.S. dollar and oil prices is notable. As the U.S. becomes a net energy exporter, shifts in oil prices due to geopolitical and policy changes impact broader commodity markets, including silver. Higher energy prices can increase production costs for silver mining, potentially reducing supply and driving prices up. Conclusion The formation of a "Cup and Handle" on the XAGUSD chart indicates significant long-term bullish potential. Supported by robust fundamental factors such as economic uncertainty, persistent inflation, geopolitical tensions, and growing industrial demand, silver could see substantial price appreciation in the coming years. For detailed analysis and regular updates, continue following my posts on TradingView.Longby Neutrinogold5
Silver Bump and Reversal?The "parabolic" Trend was broken yesterday. The longer term trend could coincide with 50% Fib retracement from the latest up move.by tsurutasani113
XAGUSD. Weekly trading levels 27 - 31.05.2024During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me!by Forex_HobyUpdated 8
SILVER Swing Long! Buy! Hello,Traders! SILVER is going down To retest the strong Horizontal key level of 30.00$ Again and we are locally Bullish biased so we Will be expecting A bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals114
XAGUSD SELL Could this be a possible selling zone for Silver? The RSI is showing that the market has reached maximum buying area. The 4HR is also showing a reversal chart pattern at the current zone, we could possibly see selling pressure coming in. Let's see how this will play out Shortby WiLLProsperForexUpdated 151520
Silver International : Entering Buy Zone . Silver 60 Min chart is in Downtrend at 80 Degree slope (Sign of Reversal at Support zone) Entering Buy Zone . Waiting for Price Pattern to Change HH-HL and candlestick Green. Longby Rohit_PSV3
SILVER Will Fall! 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 trading around a solid horizontal structure 31.601. The above observations make me that the market will inevitably achieve 27.300 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!Shortby SignalProviderUpdated 113