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SILVER / US DOLLAR GRAMSILVER / US DOLLAR GRAMSILVER / US DOLLAR GRAM

SILVER / US DOLLAR GRAM

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XAGUSDG trade ideas

Unraveling Silver's Price Puzzle: Volume Profile AnalyticsH ello, As I draft this article, the price of silver is currently hovering above the key level of $31.2. This level is considered "key" because it represents a significant point where large buy and sell forces meet, as indicated by the volume profile at the bottom. The importance of this level is further confirmed by the price action itself. Silver has been in a moderately strong uptrend, as suggested by the linear regression on the candles. However, the uptrend was interrupted at this price, and from September 24 until now, silver has been struggling to overcome the supply and push the price higher. You may observe how volume grows around this level, in a so-called "zone", and decreases as the market moves towards the zone borders. It's both a supply and a demand zone as indicated further by how the price usually returned into the zone after going out from it. Between October 9 and October 14, the market absorbed significant sell forces. Absorption means that there were sellers, but the sum of the buying volumes (what I call buy force) negated the sell force's impact on the price. You can observe it on the chart where relatively tall sell volume deltas belong to candles of the opposite price action - Yellow volume delta candles to green price candles. Furthermore, if you observe it, you can also see that the buy force moved the price upwards against the sales. Additionally, for the first time since September 24, the demand outweighed the supply for a relatively extended duration. Overall, the chart signals that it's an important time for silver's price. The market is in a balanced state where demand matches supply. However, if you look at the trend within this balanced state, you find a moderately strong uptrend. Thus, despite the balance, the trend projects higher prices in the future. Regards, Ely
CAPITALCOM:SILVERLong
by Elysian_Mind
Silver Smashes Key Resistance – Are the Bulls Ready for More?Good morning Trading family Alright crew, let’s paddle out and talk about this sweet move in Silver (XAGUSD). After getting smacked around by the 32.266 resistance for what felt like ages, Silver finally busted through like a surfer catching the perfect wave. It’s not just some tiny splash either—this breakout is the real deal, the kind that makes you lean back and say, "Yep, the bulls came to play today." That level was like a nasty rip current, dragging buyers back every time they tried to push higher, but now the wind’s at our back and we’re heading for clearer waters. So where’s the next wave taking us? All eyes are on that 33.00–33.40 zone—think of it as the next set of waves on the horizon. There’s bound to be some choppy waters up there, with sellers lurking, ready to throw some resistance. If we get solid momentum and strong volume, though, this ride could take us straight through without much hassle. But hey, markets love to toss in a little wipeout now and then—so don’t be surprised if we see a pullback to retest 32.266. That’s no biggie—it’s just the market catching its breath before it paddles out for another set. Now here’s the pro move: if we dip and hold above that old resistance, it’s like hitting the reset button for the bulls. It gives everyone a chance to regroup and load up for the next big push. But if the volume kicks in and buyers keep charging, we might just see this baby rip all the way to 33.40 without looking back. Either way, it’s all part of the flow—ride the wave, but don’t fight it. Sometimes the best move is to wait for the right set to come to you. If this gave you some value, give it a like, follow, or share, and let’s keep building this trading family. Stay stoked, stay sharp, and remember—it’s all about catching the right wave at the right time. Mindbloome Trader
CAPITALCOM:SILVER
by Mindbloome-Trading
silver long resultssilver long targets 1 2 3 done 153% levx 100 30% levx 20 Congratulations followers Trading is not easy, there are difficult times too. However, with a lot of courage and strategies, we always end up coping with these bad moments. Don't be afraid to hit stop losses, there is no shame in hitting stop losses. fame doesn't make you a bad trader. Even a good trader does not win all of his trades, but he wins more than 75% of them or at least he remains positive or stable in his wallet.
CAPITALCOM:SILVERLong
by RODDYTRADING
XAGUSD One of the best investments you can make for 2025.Silver (XAGUSD) has successfully followed up the May - August 2024 Bull Flag with a green September 1M candle that recovered all loses. Having broken above its Resistance, the trend looks more bullish than ever, especially on the hyper long-term 1M time-frame. We can view the whole sequence since 2021 as a Cup and Handle (C&H) pattern. Interestingly enough, this is not the first time we see a similar pattern historically. Based on the 1M RSI fractal, we can see similar Arc patterns formed in 2008/09, 2000/03 and even 1974/78. All of them rose to the 2.0 Fibonacci extension level from the Cup's top. On the current pattern at hand, the 2.0 Fib is a little higher than 50.000. Keeping in mind that the new Cycle of Rate cutting has already started by the Fed, buying a stable asset such as Silver under this economic environment, is perhaps one of the best investments we can make for 2025. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAGUSDLong
by TradingShot
2
XAGUSD Outlook: Slight Bearish Bias on October 18, 2024Key Drivers Behind the Bearish Sentiment on Silver (XAGUSD) Silver (XAGUSD) is showing a slight bearish bias on October 18, 2024, influenced by a combination of fundamental factors and current market conditions. As traders and investors monitor the fluctuating economic landscape, several key drivers are contributing to the downside momentum in XAGUSD today. Let’s explore the factors pushing silver prices lower and what to watch in the coming sessions. 1. Stronger US Dollar (USD) A stronger US Dollar is one of the most significant headwinds for silver prices today. The USD index (DXY) continues to gain strength, primarily due to hawkish signals from the Federal Reserve. With inflationary pressures still present and the Fed remaining committed to tightening monetary policy, the dollar is seeing consistent demand. As silver is priced in USD, a stronger greenback increases the cost for buyers in other currencies, pushing XAGUSD lower. 2. Rising US Treasury Yields US Treasury yields have been climbing as the bond market adjusts to expectations of continued Fed rate hikes or at least a longer period of elevated rates. The 10-year Treasury yield has been edging higher, which typically signals reduced appeal for non-yielding assets like silver. Investors tend to move towards assets that offer returns, making precious metals less attractive during periods of rising yields. 3. Lack of Safe-Haven Demand Another key driver impacting XAGUSD is the reduced demand for safe-haven assets. In times of geopolitical tension or economic uncertainty, investors often flock to silver and gold as protection against market volatility. However, as global equity markets show relative stability and no significant macroeconomic shocks loom on the horizon, the demand for silver as a safe-haven is lower today. This lack of buying pressure contributes to the slight bearish bias in XAGUSD. 4. Weaker Industrial Demand for Silver Silver is not only a precious metal but also an industrial metal. The recent decline in industrial output data from key economies, especially China, has weighed on the industrial demand for silver. China, being one of the largest consumers of silver for its manufacturing sector, has posted weaker-than-expected economic growth. This slowdown in manufacturing activity limits demand for silver, further pressuring prices lower. 5. Technical Analysis: Silver Below Key Resistance Levels From a technical perspective, XAGUSD is trading below critical resistance levels around $22.00. The failure to break above this resistance has triggered selling pressure, and traders are now eyeing support near $21.50. The RSI (Relative Strength Index) shows a neutral to bearish sentiment, further confirming the slight downward momentum for silver today. Conclusion: XAGUSD Faces Bearish Bias Today With a stronger USD, rising Treasury yields, and weaker industrial demand from major economies like China, silver prices are expected to remain under pressure. While a sharp downturn in XAGUSD is not expected, the overall bias for today points towards a slightly bearish outlook. Traders should watch key support levels closely and monitor any changes in macroeconomic data or Federal Reserve commentary that could shift the dynamics for silver. SEO Keywords: XAGUSD, silver price analysis, silver market outlook, XAGUSD forecast, silver trading strategy, October 18 2024 XAGUSD, precious metals trading, bearish silver outlook, USD impact on silver, silver and US Treasury yields, XAGUSD technical analysis, silver industrial demand, silver price forecast.
OANDA:XAGUSDShort
by PERFECT_MFG