Silver Short Term Sell IdeaH4 - Bearish trend pattern
Strong bearish momentum
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
XAGUSD trade ideas
Trade idea - XAGUSD Long4H
Bullish M pattern can potentially play out.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
Market moving in Bull Flag formation towards entry zone.
More clear from a 1H perspective:
= Confirmation to place Buy limit.
1.5% risk.
XAGUSD 5000PIPSIdentify Major Trend:
Long-term Technical Analysis: Review weekly or monthly charts to identify key support and resistance levels, as well as the overall trend. Silver tends to follow large cycles, so confirming a trend alignment in the right direction (bullish or bearish) is crucial.
Technical Indicators: Use indicators such as the moving averages (50, 100, 200-day), RSI, and MACD to confirm the strength of the trend. Look for converging signals that align with your target direction.
Set Entry Point:
Fundamental News: Keep an eye on key economic indicators and news events that impact silver prices, like U.S. dollar movements, interest rates, and geopolitical events.
Precise Technical Entry: Wait for a breakout from a key resistance or support level on shorter timeframes to enter in alignment with the long-term trend. Confirm entries with candlestick patterns, trendline breaks, or key price reversals on the daily or weekly charts.
Silver ALWAYS disapointsSome huge pain is coming for ALL markets, but silver will be the leader per usual.
Silver Remains Bearish Below $31 as Solar Demand DipsSilver 's downtrend is boosted by lower demand for China's solar panels. XAG/USD has tested the bearish FVG. The trend will remain bearish below $31.35, with the next target at $30.10.
Article: fxnews.me
Silver trade to run back upwards, for now.
A lot of contraction/squeeze on Gold and Silver price at these levels.
I think I counted 12% correction, it happened quickly.
Not a great deal of momentum as you would expect at the turnaround and the USD over 106.
Will look for a proper entry to go long.
WHAT'S FLOWING: CRYPTO / FX / METALS / ASIAHere’s a breakdown for today’s "What's Flowing" episode based on the latest charts:
UNIUSD: Bullish. Uniswap is showing strength with clear upward momentum, indicating potential for continued gains.
SXPUSD: Bullish. Strong buying signals are evident here, with prices moving toward higher levels, making it favorable for long positions.
EURCAD: Bearish. The pair is exhibiting signs of weakness, with potential for further downside movement, presenting a short opportunity.
CADCHF: Bullish. CAD is gaining over CHF, showing a positive upward trend, suggesting a good setup for a bullish play.
XAGUSD (Silver): Bearish. Silver is trending lower, with indications of continued downside, suggesting it’s suitable for bearish positions.
ZNC (Zinc): Bearish. Zinc’s price action is leaning downward, showing selling pressure that may lead to further declines.
JPN225 (Nikkei): Bearish. Japan’s index is showing weakness, with a downward trajectory suggesting a potential for shorting.
CHNAH (China A50): Bearish. The Chinese index appears to be facing resistance, with bearish momentum indicating possible further declines.
This lineup features a mix of bullish and bearish setups across various assets, including cryptocurrencies, metals, and indices. Use these flows as a guide, and manage your trades with caution. As always, consider market conditions and maintain disciplined risk management.
SILVER: Market Is Looking Down! Sell!
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 downside. So we are locally bearish biased and the target for the short trade is 30.07330$
Wish you good luck in trading to you all!
SILVER BULLISH BAISE LONG SILVER is set to retest a strong support level below at $3.000 After trading in a local downtrend from same time
which makes a bullish rebound a likely secenario
With the taret is being a local resistance above at 31.36$ long
SILVER: Local Correction Ahead! 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 30.95107$
Wish you good luck in trading to you all!
Gold and Silver short-term correctionAs I pointed out in the previous post, Silver and Gold are showing a weakness in their price.
The correction in gold is not far from my expectations, it needed some rest after this crazy marathon in 2024 😁. Also, Silver is going into a deeper correction, which makes the silver stackers and long-term investors of this shiny metal excited. So, I would like to see Silver keep going down and reach below $30 while in the same time it would be nice to see gold is reaching below $2580.
Both Silver and Gold might experience this weakness until the end of November. Then, I would like to see another leg up forming until the end of February.
Silver H1 | Resistance at 61.8% Fibonacci retracementSilver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 31.72 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 32.30 which is a level that sits above a swing-high resistance.
Take profit is at 30.95 which is a swing-low support.
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XAGUSD: Key Support Levels to Watch for Potential DownsideHello,
OANDA:XAGUSD has recently moved downward, and further decline is anticipated. The first indicator of this trend will be if the weekly/monthly support at 31.211/30.049 fails. If this support level breaks, further downside is likely. Currently, confidence is centered on these levels holding as support, with most investors hoping for a bullish continuation. Time will reveal the outcome!
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Silver Chart below - I could be wrong or seriously right.
Most of my ramble is within the chart.
I think traders might have already witnessed the commencement of a bigger market correction for the Gold and Silver price.
Bearish continuationThe white metal failed to rally up into the 32.000's and we'll likely go further down and touch the Weekly lows.
Silver price down 1.75% (intentional I think) to take longs out.
A lot of people were long on gold and silver on thursday and I think that it was planned to keep the price selley today to take out stops.
Anyway, XAGUSD is down 1.75% and about 31.38 now. I think the price will move swiftly back up if buyers are there.
Join the friday afternoon free silver train long and get paid to do nothing.
Incoming ShortThe white metal is currently bullish, but the bullish momentum ran out of steam as price action failed to reach and stabilise the 35.00 region. While the metal is correcting, failure to break through and stabilise above 34.9 - 35.00 will likely see bearish momentum to the immediate supports.
SILVER: Move Down Expected! Sell!
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 downside. So we are locally bearish biased and the target for the short trade is 31.08239$
Wish you good luck in trading to you all!
SILVER - Bullish Bias - 1h TFSimple Dow therory principle
Series of HH-HL
Stop Loss should be last HL
Silver Short-Term Analysis for 08/11/2024Disclaimer: This is my personal opinion and is intended for educational purposes only. Please consult your financial advisor before making any decisions.
Time Frame: 4-hour
Market Analysis:
The 4-hour XAGUSD chart exhibits a bearish trend, with the Relative Strength Index (RSI) indicating a slight oversold condition.
Key Levels:
POC (Daily Point of Control): 30.59
Order Block (Lower Target): 28.90 - 28.72
Resistance: 32.74
Local Support: 30.12
Trading Bias:
The price is retesting the strong support level at 31.47. If it holds, the price may move upward to 32.75 (POC). Conversely:
A break below 30.12 (local low) could send the price to 30.80 (previous low).
If 30.81 holds as support, the trend may turn more bearish, potentially dipping to 28.92 - 28.72.
SILVER_105 2024.11.08 03:36:03 Trading Signal BUYFrankPro Signal for SILVER_105
Type: Screen
Signal: BUY
TP: 32.043
SL: 31.551
Entry Price: 31.715
Analysis for SILVER
Forecast Overall(Short-Term, Long-Term): ST= Strong Down LT= Strong Down
Forecast Methods(Short-Term, Long-Term):
ST=Down LT=Down
ST=Down LT=Down
ST=Down LT=Down
Analysis Method(0)
Based on the provided analysis, here is my assessment of the expected price movement for XAG/USD (Silver) in both the short-term and long-term:
**Short-term (next few days to a week):**
* Expected price movement: Down
* Reasoning: The price has broken below key support levels, including the 50-day SMA, and is currently under pressure. The technical outlook suggests a potential bullish correction to test the resistance area near $32.05, but this is likely to be followed by a downward rebound. Additionally, market indicators such as oscillators on the daily chart are gaining negative traction, indicating a path of least resistance to the downside.
**Long-term (next few weeks to months):**
* Expected price movement: Down
* Reasoning: The analysis suggests that silver prices are vulnerable and may continue to decline unless there is a strong breakout above key resistance levels. The technical outlook indicates a potential continuation of the fall, targeting levels below $28.45. Furthermore, the strengthening of the US Dollar following the presidential election is likely to maintain downward pressure on silver prices.
It's worth noting that a strong breakout above $33.65 could indicate continued growth to the $35.05 area, but this scenario seems less likely based on the current analysis.
Result: ST=Down LT=Down
Analysis Method(1)
Based on the provided analysis, here are my conclusions on the expected price movement of XAG/USD (Silver) in both the short-term and long-term:
**Short-Term Analysis (next few days/week):**
* The price is expected to go down. The current price action suggests further potential declines, with support levels identified at $30.40-$30.35 (100-day SMA) and potentially lower to $30.00, $29.70, and the 200-day SMA near $28.55.
* However, there is an expectation of an attempt to develop a bullish correction in the price of silver, testing the resistance level near $32.05, followed by a potential downward rebound and continuation of the fall in price.
**Long-Term Analysis (next few weeks/months):**
* The price is expected to go down. The technical outlook indicates that any attempted recovery might be seen as a selling opportunity, with the path of least resistance currently to the downside.
* The strong US Dollar, bolstered by Trump's election victory, is a significant factor in the current downward pressure on silver prices, which is likely to continue in the long-term.
* However, if the price clears the $33.00 mark, it could target the October 31 high of $33.89 and potentially higher levels, indicating a potential reversal of the downtrend.
Overall, the analysis suggests that the price of silver is likely to continue its downward trend in both the short-term and long-term, with potential support levels at $30.40-$30.35 and $28.55. However, there is a possibility of a bullish correction in the short-term, and a potential reversal of the downtrend if the price clears the $33.00 mark.
Result: ST=Down LT=Down
Analysis Method(2)
Based on the analysis, here are my predictions for the Silver price (XAG/USD):
**Short-term (next few days to a week):**
* The price is expected to go down. The breakdown below the 50-day SMA and the short-term ascending trend-channel has triggered bearish sentiment, and oscillators indicate negative traction. The price is likely to continue its fall towards the 100-day SMA support around $30.40-$30.35.
* Immediate support levels to watch are $30.23 (100-day SMA) and the psychological mark of $30.00. If these levels are broken, the price could drop further to $29.70.
**Long-term (next few weeks to a month):**
* The price is expected to stay the same or go down slightly. The strong US Dollar following Donald Trump's victory in the presidential election is likely to keep Silver prices in check. The price may eventually drop below the $30.00 psychological mark, heading towards the $29.70 zone and the 200-day SMA near $28.55.
* However, if the price manages to break above the 50-day SMA breakpoint near $31.40, it could lead to a short-covering move, but it may not sustain and could fizzle out near the $32.65 region.
Overall, the technical analysis suggests a bearish sentiment in the short-term, while the long-term outlook is neutral to slightly bearish due to the strong US Dollar.
Result: ST=Down LT=Down
silver xagusd is "undervalued"technically very strong coming back to low levels, silver will hit 36 easily soon in my opinion, but i think it can go to 38/40.
