Bullish continuationThe metal will erase all losses in a possible momentum to the upsideLongby Two4One4Updated 3
XAG/USD Analysis: Silver Price Approaching $35XAG/USD Analysis: Silver Price Approaching $35 Precious metal prices are fluctuating near multi-year highs due to safe-haven demand driven by: → Uncertainty surrounding the U.S. elections, → Ongoing tensions in the Middle East, → Expectations of central banks lowering interest rates. As seen on the XAG/USD chart, silver prices: → Are near their highest levels in 12 years, → Are approaching the $35 mark, → Have risen by over 43% since the start of the year. Technical analysis of the XAG/USD chart indicates that silver is following an upward trend (shown in a blue channel), with the current price near its median line. This suggests a potential balance between supply and demand, which could stabilise price fluctuations. Key observations: → A red resistance line on the chart reflects a corrective phase within the blue channel. → Breaking through this resistance in September triggered a strong bullish impulse (marked by a blue arrow). → This impulse was so robust that it pushed the price above the psychological $30 level, turning it into support. A similar pattern might emerge in the future. After another strong bullish move (marked by a second blue arrow), the $32.5 level could also become a support area. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen2211
SILVER Will Go Lower From Resistance! Sell! Here is our detailed technical review for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 34.118. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 30.110 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProvider115
SILVER SELLERS WILL DOMINATE THE MARKET|SHORT Hello, Friends! The BB upper band is nearby so SILVER is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 32.444. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals115
XAUUSD PROJECTION As you can see price is literally in an uptrend but we can see a breakout from the supply zone which Will now be our demand zone and DZ is a buying zone. Retracement and exhaustion by Silveryekerete0
Silver Set to Test Support Amid Bullish MomentumHello, OANDA:XAGUSD has seen recent highs, and silver is now set to test support levels. The expectation is for continued bullish movement until a solid resistance point is established. TradeWithTheTrend3344 by TradeWithTheTrend33442
SILVER - Potential long trade !!Hello traders! ‼️ This is my perspective on SILVER. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. My point of interest is imbalance filled + rejection from trendline and LZ. Like, comment and subscribe to be in touch with my content!Longby Snick3rSD11
Silver (XAG/USD) Red Alert Technical Update📉 Silver (XAG/USD) Technical Update Resistance at 34.40 met! 🛑 Expecting a drop towards 33.00 first, followed by 30.00 as the next target if bearish momentum continues. 📉💡 Keep an eye on these key levels! #Silver #XAGUSD #Forex #Commodities #TradingView #PriceAction #TechnicalAnalysis --- Shortby profitoptionnew4
The Low Hanging Fruit Stacey Burke setup, with Silver R4,5 shortIn 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 3 Sessions of Rise Reversal short DJ30 Low Hanging Fruit Continuation short I'll also provide a detailed explanation of the Low Hanging Fruit setup, helping you understand how to apply this strategy in your own trading. Low Hanging Fruit is a key best trade setup of Stacey Burke. Don't miss out on these valuable insights and tips! For details on the Stacey Burke style trading approach see his site and playbook: https://stacey-burke-trading.thinkifi... Education12:34by TC8881
XAGUSD Potential BuyTime Frame: - Daily: (FVG Identification) - H4 Entry Signal 1. Trend Confirmation: Identified a Break of Structure by the break of the previous resistance at 32.50 - 32.75 area, indicating a continuation in market sentiment. 2. Fair Value Gap (FVG): On the daily chart noted a Fair Value Gap (FVG) between 32.00 - 33.45. ------------- Disclaimer The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Longby Phoenix-Rise-Trade2
Silver to the moon? Silver squeeze loading Silver is about to break $49, once it breaks this high. It will aim to move towards $70.Longby Wall_streetace6
#XAGUSD breakout continues#XAGUSD silver gave breakout of APR 23 high in APR 24 (from 26 to 32.5 in less than 50 days). Now again breakout continues by breaking May 24 highs in Oct 24.Longby parwan0050
SILVER (XAGUSD): The Next Historic Resistances As a bull run continues on Silver, here are the next historic resistances to focus on. Resistance 1: 34.0 - 34.4 area Resistance 2: 34.7 - 35.4 area Resistance 3: 37.0 - 37.5 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader337
Silver quarterly!!! NOW ABOVE 34$ !!! Silver getting close to logging in its second highest quarterly close ever! #silver #goldby Badcharts5
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 33.37762$ Wish you good luck in trading to you all!Shortby XauusdGoldForexSignals115
The momentum is building! Is silver on the brink of a big rallyLast week, silver futures (SIZ4) closed at 33.94, marking a new high since 2014 and breaking above the previous 2023 peak. This suggests the potential for further rallies. The weekly spot chart indicates a measured target of 49. As of 18 October 2024, silver has outperformed other key assets year-to-date, with a 33.84% gain. Gold rose 25.32%, the S&P 500 increased 17.92%, and crude oil gained 5.89%. Whilst technical analysis suggests a silver target of 49, it's crucial to consider fundamental factors alongside this projection. Silver demand has risen sharply since 2021, outpacing supply growth. 2024 marks the fourth consecutive year of silver deficit. Mine production has slightly decreased since 2013, while industrial demand has surged since 2021. The electronics sector accounts for over 50% of global silver consumption. And in 2023, the industrial demand equal to 80% of the mine production in that year. Seven of the ten major developed-market central banks are currently in rate-cutting cycles, expected to continue into 2025. The Federal Reserve is anticipated to cut rates in November and December. The US presidential election in November, along with Congressional and Senate races. The new government functionality until mid-January. With the debt ceiling due on 2nd January and the new Congress convening on 3rd January, the Fed is likely to maintain its December rate cut. Increasing global liquidity from central banks is expected to sustain the gold and silver rally. When silver rally and new highs repeat all the time in the news, more investors will be attracted to whole SLV, etf of silver and this will increase the demand further.Longby bruceyam1
XAGUSDDargadaa zoriullaa. Trading securities, futures and forex involves substantial risk and may not be suitable for all investors. Past performance is not necessarily indicative of future results. These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown. The testimonial may not be representative of the experience of other clients and the testimonial is no guarantee of future performance or success.Longby Rdmskhn0
XAGUSD upside target 35.4On the daily chart, XAGUSD broke through and went up, with the price hitting a 12-year high. The current bullish trend is obvious, and the upward risk in the future market is relatively large. Currently, we can pay attention to the support around 33.0. If it falls back and stabilizes, we can consider continuing to buy, and the upward target is around 35.4.Longby XTrendSpeed1
Massive Cup & Handle on Silver could take price to $722 by 2046Could also reach that full breakout target much sooner to but the trajectory of the measured mvoe line were it to validate the breakout above the rimline around the arbitrary spot I placed it at has the end of the measured move line in the year 2046. With the right scenario playing out on the global stage a price like that is possible much sooner even, and there’s also always the chance that we go past that timeframe without hitting the full target just yet either but that happens less often than when it hits the target beforehand. *not financial advice*by DrDovetail3
XAGUSD H4 I Bearish ReversalBased on the H4 chart analysis, we can see that the price is rising toward our sell entry at 34.23 - 34.65, which aligns with 161.8% Fibonacci extension and 78.6% Fibo extension Our take profit will be at 32.95 a pullback support level. The stop loss will be at 35.60, above 100% Fibo projection 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. 62% 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. 59% 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. Shortby FXCM1110
Silver XAG/USD Alert 🚨 Silver XAG/USD Alert 🚨 📈 Resistance: $34.70 📉 Target: $30.00 Price hitting key resistance—watch for a pullback! 📉 A strong drop could be incoming. Stay sharp! ⚡ #Silver #XAGUSD #Trading #Forex #Commodities #Investing #MarketAnalysis Shortby profitoptionnew4
SILVER Swing Resistance! Sell! Hello,Traders! SILVER keeps growing in A strong uptrend and Silver is locally overbought So after it hits a horizontal Resistance of 35.46$ from Where we will be expecting A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals112