XAGUSD01 trade ideas
Bearish reversal for the Silver?The price is rising towards the pivot and could reverse to the pullback support.
Pivot: 37.51
1st Support: 36.20
1st Resistance: 39.33
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SILVER: Move Up Expected! Long!
My dear friends,
Today we will analyse SILVER together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 37.330 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
SILVER Is Going Down! Sell!
Please, check our technical outlook for SILVER.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 3,722.4.
The above observations make me that the market will inevitably achieve 3,685.7 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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(Updated) Silver Rebounds from Golden ZoneSilver dumped hard into the Golden Zone and reversed exactly where we marked it. Bulls stepping in? Now we watch for follow-through.
📌 Price respected the Golden Zone and reversed clean
📌 Bullish break and EMA shift underway
📌 Watching for continuation toward $38
⏱️ Timeframe: 1H
#silver #xagusd #fibonacci #reversalsetup #technicalanalysis #tradingview #quanttradingpro
Silver Bulls Unstoppable – Price Discovery Next?Silver has been on a strong uptrend, consistently making higher lows (HL) and higher highs (HH) over the past few years.
The long-term trendline, which acted as strong support for multiple retests, was finally broken to the upside. The old resistance zone has now turned into a solid support area, showing clear bullish strength.
Currently, price is hovering just below its all-time high (ATH) around $39.59. If bulls manage to break and sustain above this level, we could see fresh highs and a strong continuation of the upward momentum.
DYOR, NFA
My alternate wave count for silverBelow is a slighly altered wave count for silver...it shows we have completed wave 5(yellow) which is a wave 1 (white) and are now in the process of working out wave 2 (white)...the first leg down (a) has just completed...and wave b of the ABC should start and complete over the next few days...follwed by one more low (wave c)...around the $34-$34.50 area.
I do not expect a move below $34 due to all the support on the chart at this level (look left and you will see that the $34 was a major prior resistance zone...when resistance is broken it becomes support.
If this count is the correct one (again it is my alternate to the one posted previously), it meas a bit more patience is required over the next few weeks...before we see a major move up (above $50) will start.
#XAGUSD: A Strong Bullish Move, Possible Target at $45?Silver is currently experiencing a correction, but the overall price remains bullish. Analysing the data, we can see a potential price reversal in our area of interest. Following the recent higher high, price is poised to create another record high. We should closely monitor volume and price behaviour. A strong volume signal would indicate a potential bullish move in the future.
Good luck and trade safely.
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Team Setupsfx_
SILVER Move Down Ahead! Sell!
Hello,Traders!
SILVER is about to retest
A horizontal resistance level
Of 37.21$ and its a strong
Key level so after the retest
We will be expecting a
Local pullback
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
SILVER My Opinion! SELL!
My dear friends,
Please, find my technical outlook for SILVER below:
The price is coiling around a solid key level - 37.026
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 36.725
Safe Stop Loss - 37.189
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Resistance at 38.32235After the price reached the point we mentioned and got rejected, it's now trying to approach that area again. However, we're seeing a divergence, which could indicate weakness in the trend—though that's not always the case.
In any case, we have to wait and see; if it manages to break through that level, we can hope for the price to reach 39.17994.
XAG/USD Long Setup | H1 TimeframeA classic setup based on #SmartMoneyConcepts:
✅ Change of Character (CHOCH) after a liquidity sweep.
✅ Price returned to the Order Block & filled the FVG.
✅ Entry at the Point of Interest (POI) with a high R/R.
Waiting for it to reach the buy-side liquidity targets. Do you agree?
Silver The Week AheadKey Support and Resistance Levels
Resistance Level 1: 3756
Resistance Level 2: 3855
Resistance Level 3: 3915
Support Level 1: 3600
Support Level 2: 3544
Support Level 3: 3480
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Is silver roadmap at a crossroadssilver trend has been up for ages. perhaps pushing to attack the highs of "50.000" - the trend is your...
ZONE: offers 2 roadmaps:
1.going with the trend up favours bullish entry signals - ABC complete??
2. a unusaul significant entry signal suggesting abc correction within ABC not complete another nuance.
Silver' drop opportunity.Silver has rised last days very strongly in a narrow upward channel without any significant pullbeck. In my opinion it Is only pullbeck of downward trend from the last peak of 39,5 And the price Will Soon resume Its downward correction. I only don't know if the level for finishing this upward pullbeck finishihes ať 38,5 or around 39$. I'm bearish but be carefull and wait for the price break the Channel then shorting it Is very meaningful.