XAG/USD - technical analysiswe still expect a massive increase, at least to take over the liquidity point WLongby KronFXUpdated 225
Silver H4 | Approaching pullback supportSilver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 31.34 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 30.35 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 32.50 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long02:35by FXCM5
Strifor || SILVER-17/05/2024Preferred direction: BUY Comment: The previous long trade in silver was successfully closed at take profit, but we continue to actively adhere to short-term buy priority. Current prices are perfect for this and one can safely consider purchases with a goal of at least level 31 (scenario №1). In the event of a sharp change in market sentiment, one can consider entering a long position as part of a re-test of the level 29.77800 (scenario №2). Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Longby Viktor_strifor_analystUpdated 113
SILVER Massive Bullish Breakout! Buy! Hello,Traders! SILVER keeps growing And it made a massive Bullish breakout of the Key horizontal level Of 30.00$ and the Breakout is confirmed So we will be expecting A further bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too! Longby TopTradingSignals112
SILVER - The Perfect Impulsive WaveSilver is showing us a perfect impulsive wave in accordance to Elliott Wave Theory. The basic principle of an impulse wave is as follows: Impulse waves = 5 waves Wave 1 - is made up of 5 subwaves (impulse) Wave 2 - Is a corrective wave made up of 3 waves (correction) Wave 3 - is another impulse wave made up of 5 subwaves (impulse) Wave 4 - is a corrective wave made up of 3 waves (correction) Wave 5 - Can be either an impulse or a correction - But its made up of 5 waves We are looking for wave 4 now, which is a correction. Anticipating price to come down to the buy zone. The closer we get to the invalidation level, the better as we don't expect price to break below it. Trade Idea: - Watch for wave 4 correction to form. This wave can be traded. Look for reversal signs on lower timeframe - Once we're in buy zone, watch for bullish price action and reversal patterns - Once entered, stops go below invalidation level - Targets: 32, 34.5, taper Goodluck and as always, trade safe!by WicktatorFX94
Silver vs Spx QuarterlyThere is no reason to fomo into #gold, #silver or the #miners. The true move has not even started yet. Still very early.by Badcharts7
The Silver bullrun coming to an end?Silver has printed very clear bullish Wolfe Waves on the weekly and monthly charts and it has reached the target of this wave pattern which also coincides with a hefty supply order block / resistance. Something to take into consideration.Shortby xcitedDelirium8
Silver price on the way back to $30?Silver price broke strong resistance $30 first time ever since 2020. Strong support are now holding at $30, predict will be forming more new highs after US presidential election 2024. Longby Ch-artwork1
SILVER DAILY OUTLOOKT&C's: Trading leveraged products such CFDs on forex and derivatives may not be suitable for all investors as they carry a high level of risk to your invested capital. Please ensure that you fully understand the risks involved, taking into account your objectives, risk tolerance and level of experience, before deciding whether to trade. Shortby NkosinathiFXT2
XAGUSD 1M Oanda ShortThe nature of the precious metals market appears bearish with a sharp move into wave (3) down. Take heed from here until 2027. XAG/USD is how silver is labeled for spot trading on the foreign exchange market. Silver (XAG) is traded against the US dollar (USD), so its price shows how much one ounce of silver is worth in USD.Shortby TheCryptoChartWhispererUpdated 112
silver Silver broke and tested resistance 1 in the Fibonacci channel. Its new target will be 1.618 Fibonacci resistance.Longby foxforex34
XAGUSD. Weekly trading levels 13 - 17.05.2024We continue the experiment with a wider range of zones. Let's see if we can guess the places to search for deals for the week ahead. During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. 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. The next morning I adjust the levels based on the new data and publish a new post. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- Levels are drawn based on volumes and data from CME. Used as areas of interest for trade. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to enter into a continuation of the movement. Until the price has drawn a reversal pattern. Don’t forget to like Rocket, Comments and Subscribe!!!by Forex_HobyUpdated 9
$50 Silver"Decade of zero returns" for the stock market = Shortening Bear Market for Commodities Price target = $50 Fractal backbone + Room in technicals for such move. Price target was established in June 2021. Time frame pushed up in anticipation of 2023 bear.Sby ILuminosityUpdated 1
XAGUSD BREAKOUT LOOKING GOODGlobal Currencies weakening to the petrol dollar, Petrol dollar is not looking like the safe haven anymore, SILVER and Gold always saves the man.Longby MoneysharXUpdated 3
SILVER - Contraction Then Pump Into Bull MarketSILVER Ok so I often joke about how slow Silver is but considering how Gold is moving I think this is worth picking some up here. I think the way to best understand this area is that the bowled dump and recovery is Wyckoff CHoCH Change of Character. Notice how before that point price action is quite noisy and wobbly. But after there is a fairly tight 3 wave pattern; back up. And that is followed by a contraction pattern that has lasted almost a year. Having spent so long in contraction and having maintained this overall area for such a long time; Silver may be due a pop and it could be the start of a bull market I like SILVER over GOLD because it appears to have some amount of protection within the contraction area. And so currently it doesn't look like it will dip below $22 unless there is another downside shakeout. So I have made an entry here and may buy more down the road 👍. Not advice Longby dRends35Updated 12
Physical Commodity Scarcity and DemandThe further I look back on the Silver chart, the more I am convinced of this scenario (though it is not guaranteed), and I see $27.70 (ish) as a strong support level. If it holds, I see ~$33 as the next movement. I go strictly by the charts. Politics and Monetary Policy could affect this scenario GREATLY. DYOR. Trade Slick. Longby kyleruzekUpdated 3
SILVER - Bullish Hammer @ Support SILVER I bought the dip and re-entered silver at support with a limit entry as we looked at before... It printed a bullish hammer / dragonfly doji with buy pressure coming in @ support. It looks good here and both gold and silver are in lower time frame descending wedges. The correction may extend but this could also just carry on up from here into a very wild uptrend 👍. Not adviceLongby dRends35Updated 1116
Cup-ceptionThere's a multi-year cup and handle within the multi-decade cup and handle on $SLV.. Hang on tight gang. AMEX:AGQ is going to the power of AMEX:SLV ref prev: Longby httpz0
If it pulback to the D1 IFVG midpoint I will take a long tradeSilver is forming a nice setup. I would like to see a pullback to the D1 FVG / BPR midpoint where I would like to take a long trade and I think they could support the price for the further move up. COT Data looks bullish to Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔ Longby Dave-FX-HunterUpdated 7
Silver: Potential Double Top Formation Signaling a DowntrendI'm observing a potential double top forming in the silver market at the 29.85 level. This pattern is typically a bearish reversal signal, indicating that silver might be poised for a downward move. Trade Details: Pattern: Double top at 29.85 Potential Target: 24.12 Technical Analysis: Double Top Formation (29.85): The price action (PA) shows that silver has tested the 29.85 resistance level twice, failing to break above it. This creates a double top pattern, a common reversal signal in technical analysis. Neckline and Confirmation: The neckline of this double top pattern is around the 26.50 level. A decisive break below this neckline would confirm the pattern and likely accelerate the bearish momentum. Target Projection (24.12): Based on the height of the double top pattern (from the peak at 29.85 to the neckline around 26.50), we project a potential target at 24.12. This level aligns with previous support zones, making it a logical target for the downward move. Supporting Factors: Bearish Divergence: Potential bearish divergence on the RSI/MACD indicators could add strength to the bearish case if observed. Market Sentiment: Current market conditions and sentiment could influence the extent of the move. If the broader market turns risk-off, it could further pressure silver prices. Fundamental Analysis: Monitor economic indicators, particularly inflation data and Federal Reserve policies, as they can impact precious metals significantly.Shortby mackmackeyyUpdated 7
Silver breaking out of its consolidationSilver is breaking out its long term consolidation and triggering a bullish reversed Head & Shoulder pattern with a target in the $42.50 area. Next resistances at the all time high near $50 then the line linking the top of the channel near $53. A break below $23.50 would invalidate this view. ________________ With gold and copper making all time highs, the governments and central banks printing money like crazy, it's hard to believe that Silver won't catch up and eventually make new all time highs. Longby powerintegral2
XAGUSD SELL About to StartIn smaller timeframe Silver start to show bearish signal Shortby PotentFXUpdated 12
Silver After 11 years highest weekly closing possible in #Silver If this done then gate open for 35/40/45$. Not immediately but in near future #forexsingnal #Commodities #silverfoxmodel #marutiby Hiren_Vora0