SILVER (XAGUSD): Strong Bullish Signal Silver has been consolidating significantly since mid-January, remaining within a large horizontal range on a 4-hour chart.
Despite this, the market sentiment is bullish for Silver, with signs pointing towards a strong bullish trend.
Breaking out of the resistance line within the range suggests a bullish accumulation is complete, paving the way for potential growth. The next target for resistance is at 31.50.
XAGUSDG trade ideas
Silver Prices Flat, Fed and US Tariffs in FocusSilver remained steady at around $30.40 per ounce on Wednesday as traders awaited the Fed’s policy decision. The central bank is expected to keep rates unchanged despite pressure from President Trump to lower borrowing costs.
Investors also assessed potential US tariffs, with Trump planning levies on Canada and Mexico by Saturday, while tariffs on China remain under consideration. Meanwhile, overcapacity in China’s solar panel industry may dampen silver demand.
Key resistance is at 31.00, with further levels at 31.80 and 32.50. Support stands at 29.85, followed by 28.80 and 28.50.
Silver’s Next Big Move? Analyzing XAGUSD’s Critical Resistance!👀 👉 In this video, we take a deep dive into XAGUSD, breaking down its overall uptrend and the recent pullbacks from resistance. We’ll analyze critical support and resistance levels, market structure, and price action dynamics. As price approaches a key resistance zone, we explore potential buy setups if the uptrend regains momentum. Watch now for a full breakdown. This content is for educational purposes only and does not constitute financial advice.
SHORT SILVER (XAGUSD) Based on Trend Exhaustion & Mean ReversionThe line-work pretty much spells it out ...
Not shown are the pitchforks that generated some of the trendlines. The Resistance/Support Channel is derived from the same. The AVWAP establishes the "horizontal" (i.e. "momentary) component of the range, while the diagonals establish the "arguably more reliable"trading range. The anchored Volume Profile lends further corroboration.
SILVER - Potential Short Setup at Key Resistance LevelOANDA:XAGUSD is currently testing a key resistance level, presenting a potential sell opportunity. If price fails to break above and holds below this resistance, a downward move towards 30.61800 could be expected.
A rejection at this level—confirmed by a bearish candlestick pattern or strong selling pressure—would strengthen the bearish outlook. Traders should watch for signs of failure to break resistance, which would support the short position. However, if the price breaks and closes above resistance, the bearish scenario would be invalidated, and the bias would shift to the upside.
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.
Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.
Best of luck , TrendDiva
Silver Price Setup = Major Move Ahead?Silver (XAG/USD) Analysis – Breakout Incoming?
Silver (XAG/USD) is currently testing a key resistance zone after a strong upward move, supported by a rising trendline. The price has respected this trendline multiple times, confirming its role as a strong support level. If bulls push beyond the resistance zone, a breakout could trigger further upside momentum.
Key Insights:
🔹 Trendline Support – The ascending trendline has acted as a strong base for price action, providing steady higher lows.
🔹 Key Resistance Zone – Price has faced multiple rejections here in the past, making it a crucial breakout level.
🔹 Potential Breakout Setup – If Silver breaks and holds above resistance, we could see a rally towards $31.50–$32.50+
XAGUSD BULLISH FOR 90000 PIPSFundamental Drivers
Global Economic Uncertainty: Historically, silver and gold are seen as safe-haven assets in times of economic stress. A significant crisis like a major recession, geopolitical tension, or even the collapse of major financial institutions could drive demand for precious metals.
Inflation Concerns: High inflation or fears of currency devaluation could lead to a rush toward silver as a store of value. Central banks printing money or high fiscal deficits can also push investors into commodities.
Interest Rates & Monetary Policy: If the Federal Reserve or other central banks turn dovish (cut interest rates) or increase money supply, it could weaken the USD, making silver more attractive as an alternative asset.
Supply-Demand Imbalances: If there's a disruption in silver mining or an increase in industrial demand (e.g., for solar panels or electronics), this could push the price higher.
2. Technical Analysis Factors
Long-term Trend: A breakout from key resistance levels, for example, if XAG/USD surges above a long-established trendline or a key psychological level (like $30, $40, etc.), could signal the beginning of a strong uptrend.
Chart Patterns: Certain chart formations like a cup-and-handle, inverse head and shoulders, or large-scale triangles could indicate a breakout on the horizon.
Fibonacci Retracement & Extension: If silver has recently been in a corrective phase, a Fibonacci extension could project higher levels, perhaps supporting the idea of a major move.
Momentum Indicators: If indicators like RSI (Relative Strength Index) or MACD (Moving Average Convergence Divergence) are signaling bullish momentum, it could support your forecast.
3. Market Sentiment & Speculation
Retail & Institutional Interest: If there's a sudden surge in investor interest in silver, either from retail traders or institutional investors, this could cause rapid price appreciation. Silver, being a relatively small market compared to gold, can see sharp moves when investor interest spikes.
Media Coverage: Sometimes, speculative hype driven by news outlets or social media can push prices in a strong direction, especially if traders are anticipating further gains.
4. Geopolitical/Global Events
Pandemic, War, or Crisis: Major global events often cause investors to flock to precious metals. For example, during the COVID-19 pandemic, we saw substantial moves in precious metals as central banks worldwide engaged in massive monetary stimulus.
5. Supply Chain Disruptions & Physical Demand
If there were disruptions in the global supply chain, it could lead to higher physical demand for silver, especially from industries that require it for manufacturing purposes (e.g., electronics, solar energy).
SILVER Trading Opportunity! SELL!
My dear friends,
Please, find my technical outlook for SILVER below:
The instrument tests an important psychological level 30.495
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 30.267
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
Silver Declines as Trump’s Tariff Threats Shake MarketsSilver fell to $30 per ounce on Wednesday, extending losses as the dollar rebounded amid Trump’s escalating tariff threats. Trump announced tariffs on chips, pharmaceuticals, steel, aluminum, and copper to boost domestic production. Traders remained cautious ahead of the February 1 tariff deadline for China, Mexico, and Canada.
Meanwhile, the Fed is expected to keep rates unchanged this week. In China, overcapacity in the solar panel industry led firms to adopt a government-led self-discipline program, potentially limiting silver demand.
Technically, the first resistance level will be 31.00 level. In case of this level’s breach, the next levels to watch would be 31.80 and 32.50 consequently. On the downside 29.85 will be the first support level. 28.80 and 28.50 are the next levels to monitor if the first support level is breached.
Silver- Bulls need 30.50 breakAs I mentioned in my previous posts, I’m bullish on OANDA:XAGUSD and expect a rise to $32.
However, the price action lately has been choppy and constrained in a range between $31 and around $30.
The good thing is that bulls have defended the $30 zone well so far. At the time of writing, silver is trading just under the $30.50 median of the range. A break above this level should help clarify things and open the door to $31, with potential acceleration toward my $32 target.
I’ll remain bullish as long as the price stays above $30 on a daily close basis.
Silver/Gold Ratio signals Lower Interest Rates AheadWhen OANDA:XAGUSD (Silver) does well relative to OANDA:XAUUSD (Gold), it means the economy is strong and interest rates tend to rise when that happens. The opposite is also true. When Silver is weak relative to Gold, interest rates tend to fall.
See how it works historically? The 1997 drop in rates when the silver/gold ratio shot up is the rare exception
Why does it work? Silver is an economic metal used in industry and gold is a precious metal which used to be used for technology in the 1970's.
Well - it shows now that rates should be going down because the economy is flat, weak or recessionary. However you want to label it, the economy can afford lower interest rates.
This LONG TERM indicator has worked quite well and deserves to be on your list of indicators to track the likely path of interest rates. OF COURSE, the more important factor is WHO is at the head of the Fed.
Lower rates would make sense especially if the profligate Government spending machine slows down its aggressive spending. The global war on covid didn't help and the clear message that the market is telling us is that we needed to slow down the price hikes but we now have a US Gov't deeply in debt and struggling to be able to justify lower rates.
Here's to clarity on the future moves by the Fed, which if you were just looking at this indicator you would be cutting rates steadily for the foreseeable future.
Cheers,
Tim
11:47AM EST January 28, 2025
Silver: Bearish Outlook with Triple Top PatternSilver: Bearish Outlook with Triple Top Pattern
Silver is currently indicating a bearish outlook, driven by a triple top pattern.
The neckline was broken at 30.1, indicating a further price decline.
This bearish sentiment is reinforced by a strong volume zone near 30.3, increasing the likelihood of a continued downward movement.
The target levels to watch are 29.6 and 28.90.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
SILVER Is Bullish! Buy!
Please, check our technical outlook for SILVER.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 30.136.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 31.006 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!
SILVER BULLS ARE STRONG HERE|LONGwww.tradingview.com
Hello, Friends!
SILVER pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 30.831 area.
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