XAGUSD small gains before the weekend#XAGUSD Goin Long, tarket ist challenge the SMA21. Rettest of the Resistance Level that Brake last Week is comfirmation for the move. Stop Loss under the Support Level. 32.49 Longby gioevgs1
Short Term Elliott Wave in Silver (XAGUSD) Looking to Turn HigheShort Term Elliott Wave View in Silver (XAGUSD) suggests cycle from 8.8.2024 low is in progress as a 5 waves impulse. Up from 8.8.2024 low, wave 1 ended at 30.18 and dips in wave 2 ended at 27.69. Wave 3 higher ended at 32.95 and pullback in wave 4 ended at 30.12. The metal extends higher in wave 5. Up from wave 4, wave (i) ended at 32.17 and wave (ii) pullback ended at 31.29. Wave (iii) higher ended at 34.26 and pullback in wave (iv) ended at 33.44. Final leg wave (v) ended at 34.86 which completed wave ((i)) of 5 in higher degree. Wave ((ii)) pullback is in progress with internal subdivision as a zigzag Elliott Wave structure. Down from wave ((i)), wave i ended at 34.43 and wave ii ended at 34.83. Wave iii lower ended at 33.41 and wave iv ended at 34.29. Final wave v lower ended at 33.07 which completed wave (a). Bounce in wave (b) completed at 34.54 as a zigzag structure. Down from wave (b), wave i ended at 33.39 and wave ii ended at 33.97. Wave iii lower ended at 32.48. Expect wave iv rally and another marginal wave v lower to complete wave (c) of ((ii)) before the metal resumes higher. Near term, as far as pivot at 30.1 low stays intact, expect pullback to find support in 3, 7, 11 swing for more upside.by Elliottwave-Forecast111
SILVER_103 2024.11.01 02:04:05 Trading Signal BUYFrankPro Signal for SILVER_103 Type: Screen Signal: BUY TP: 33.504 SL: 32.514 Entry Price: 32.712 Analysis for SILVER Forecast Overall(Short-Term, Long-Term): ST= Probably Up LT= Strong Up Forecast Methods(Short-Term, Long-Term): ST=Same LT=Up ST=Up LT=Up ST=Up LT=Up Analysis Method(0) Based on the provided data, I will perform a separate analysis for short-term and long-term expectations. **Short-term Analysis (Next 24-48 hours)** * The recent price movements show a slight correction, with silver prices extending losses for the second consecutive day, currently trading around $33.60. * However, the overall outlook remains firm due to uncertainty over the US presidential elections and potential inflationary policies. * Technical indicators, such as the 14-day RSI, remain bullish, indicating active momentum. * Support levels are plotted near $32.70, $32.50, and $31.90-$32.10, which may provide a cushion for the price. **Short-term Expectation:** The price is expected to stay the same or experience a minor correction, potentially testing the support area near $32.70. However, the overall bullish momentum may help the price to rebound and maintain its current levels. **Long-term Analysis (Next few weeks/months)** * The silver price surged to near $34.50 following weaker-than-expected US JOLTS Job Openings data, indicating a slowdown in labor demand. * The horizontal support at $32.50 and the upward-sloping 20-day EMA near $32.70 suggest more upside ahead. * The expectation for silver to recapture a fresh over 12-year high near $35.00 after breaking out of a three-day consolidation remains intact. * Economic data, including the US Q3 GDP, PCE data, NFP, and ISM Manufacturing PMI, will influence the Federal Reserve's monetary policy and, in turn, affect silver prices. **Long-term Expectation:** The price is expected to go up, potentially reaching a fresh over 12-year high near $35.00, driven by bullish technical indicators, supportive economic data, and uncertainty over the US presidential elections. Result: ST=Same LT=Up Analysis Method(1) Based on the provided analysis, here are my conclusions for the short-term and long-term outlook for the XAG/USD (silver) price: **Short-term Outlook (next few days to a week)** * The price is expected to go up, but with a slight caution. The current price is struggling to clear the $34.00 resistance level, but the RSI is in bullish territory, indicating positive momentum. * If the price breaks above $34.00, it could target the year-to-date high at $34.86 and then the October 2012 peak at $35.40. * However, there are mixed signals from various technical indicators, and some forecasts suggest that silver might attempt to test the support area near $32.70. **Long-term Outlook (weeks to months)** * The price is expected to go up. Some forecasts suggest that the XAG/USD rate could rise significantly in the coming weeks and months, with a predicted price of $38.45 by the end of the week and $41.99 in the longer term. * The overall sentiment in the XAG/USD market is estimated as bullish, with the 14-day RSI reading indicating overbought conditions. * Geopolitical instability and fears of a recession can also drive silver prices up due to its safe-haven status, supporting the long-term bullish outlook. Please note that these conclusions are based on the provided analysis and should not be considered as investment advice. The silver market can be volatile, and prices can fluctuate rapidly due to various market and economic factors. Result: ST=Up LT=Up Analysis Method(2) Based on the provided analysis, here is my assessment of the expected price movement of Silver (XAG/USD) for both short-term and long-term: **Short-term (next few days):** * The recent surge in silver prices was followed by a two-day correction, which might be a normal pullback after a strong move. * The technical analysis suggests that silver aims to recapture a fresh over 12-year high near $35.00, indicating a potential upside. * However, the upcoming US economic data releases (US Q3 GDP, PCE, NFP, and ISM Manufacturing PMI) may cause short-term volatility and potentially impact the price. * Given the current bullish momentum (14-day RSI in the 60.00-80.00 range) and the horizontal support at $32.50, I expect the price to stay around the current level ($33.60) or slightly increase in the short-term. **Expected short-term price movement:** Slightly Up or Sideways **Long-term (next few weeks/months):** * The overall market sentiment remains firm, driven by uncertainty over the US presidential elections and the potential for protectionist policies and inflation. * The expectation of former US President Donald Trump returning to power supports the demand for safe-haven assets like silver. * The technical analysis suggests a potential breakout above $35.00, which could lead to further gains. * Considering the long-term bullish trend and the supportive market sentiment, I expect the price to increase in the long-term. **Expected long-term price movement:** Up Result: ST=Up LT=Up Longby orbborisson1
XAGUSD BUY PROJECTION XAGUSD has been going short for a very long time and we expect price to go long now. Breakout and retest Longby Silveryekerete6
SILVER XAGUSD TO 40$ IN YEAR 2025 !!!HELLO TRADERS As I can see silver is trading in uptrend channel and after a new ATH its retracing to the broken resistance zone which can be a support for silver NFP ahead and geopolitical bad conditions with a weak $ us elections impact on economy and bricks trading in 2025 will can make some new historically high in precious metals have a look on GOLD and other commodities all are make huge moves so it will be a great opportunity for Silver traders that they can join the next bull run from these given zone till design TP friends its just an trade idea with technical and fundamental view share Ur thoughts on it we appreciate Ur support and love Stay Tuned for more updates Longby APEX_TRADING_ACADMEY5
SILVER Support Ahead! Buy! Hello,Traders! SILVER went down sharply In a nice bearish correction But the price will soon hit A horizontal support Of 32.18$ from where We will be expecting a Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals115
Silver Major Support TestThis is the best thing I see in the market today. High probability that silver bounces here at least once. It's the previous swing high which has provided significant movement on prior tests. Tight stop below with a target of the recent high.Longby AdvancedPlays4
Low hanging fruit continuation setup taken with Gold and NASIn this video, I walk you through my entire thought process during today's trading session. You'll learn how I selected the pairs and executed three key trades: * Silver long scalp * Gold LHF Short * NAS LHF short I'll also provide a detailed explanation of the LHF setup, helping you understand how to apply this strategy in your own trading. LHF is one of my personal A+ playbook setups. Don't miss out on these valuable insights and tips!Education04:59by TC8881
SILVER: Bullish Continuation is Expected! Here is Why: Looking at the chart of SILVER right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals336
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 33,21661$ Wish you good luck in trading to you all!Shortby XauusdGoldForexSignals112
Bearish on SilverLooking at the 4-hour chart, if we get a close below the recent HL (Wednesday, 30 Oct), I'll be going short with a SL at the Previous LH. This was attempted last Friday and failed. However, since then, it's put in an LH, so it looks more likely this time. Keep in mind we are still in an Bullish Trend channel which I am expecting to break down in the near term as silver is well overbought atm. If this does close below the 4hr its likley tomorrow the Daily MACD will also be crossed to the downside. Ill have a risk to reward of around 1:2 Trade safe all!Shortby jhesler222
SILVER Buy Opportunity until 35!Hi Everyone! Thisis Silver! And I have a buy there where you can see for a potential BULL RUN.Longby ChameleonInvestments2
Silver Wants a TrampolineThe bright green is what I foresee. A solid reversal after a decent correction. I see $36 as the next average level for Silver. If the markets turn more bullish I see $38-45 as a very real possibility. DYOR. Trade Slick. Longby kyleruzek1
XAGUSD Short then Buy4HR One leg to short to complete abc, then BUY and targeting 36,25Longby NKS13137718
Bull flag break out on silver Silver is expected to continue the bullish trend after breaking out of the bull flag pattern which is often interpreted as a trend continuation. Longby aryoTraderXUpdated 7
Silver dropping and bounceback key levels. These are levels of Silver dropping and bounce back. Shortby WaqarAamirKatiar113
SILVER: Local Correction Ahead! Buy! Welcome to our daily SILVER prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 34.36803$ Wish you good luck in trading to you all!Longby XauusdGoldForexSignals114
SILVER BEARS ARE STRONG HERE|SHORT Hello, Friends! SILVER is making a bullish rebound on the 8H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 32.380 level. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals112
SILVER (XAGUSD): Significant BreakoutSilver has the potential to rise further after breaking a major resistance level during intraday trading. The previously breached structure now acts as support, indicating a possible move up towards 34.92.Longby NovaFX232
SILVER (XAGUSD): Important Breakout📈Silver has the potential to increase in value after breaking through a significant resistance level during intraday trading. The previously broken structure is now acting as support, indicating a potential upward movement towards 34.92.Longby linofx1449
Mamma Mia, look at that cup & handle! (1M XAGUSD)Just look at that beauty on monthly! Probably one of the biggest C&H setup I've ever seen. We're going 3-digits by 2026, probably much higher after that 🚀 Longby ntjm_portfolio10