silver analysissilver bearish leaving behind imbalance that market must fill before continuing lower
XAGUSDK trade ideas
XAGUSD: Bottom of the Rising Wedge. Bullish.Silver is marginally bearish on its 1D technical outlook (RSI = 43.462, MACD = -0.151, ADX = 27.970) as it trades under the 1D MA50 but still over the 1D MA200. The latter is at the bottom of the long term Rising Wedge and is the technical support level. As long as it holds, we will be bullish on Silver, aiming at its top for the next HH (TP = 37.000).
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XAG/USD - Buy Limit OpportunityXAG/USD - Buy Limit Opportunity at Key Liquidity Zone
Silver (XAG/USD) has swept liquidity below a critical support level, creating a high-probability buy limit setup. This move suggests the market is absorbing selling pressure, signaling potential bullish momentum from this zone.
Key Observations:
Liquidity Grab: Price dipped below a significant support level, triggering stop-losses and trapping sellers, indicating a possible reversal.
Market Structure: Early signs of bullish rejections at the liquidity zone align with a potential upward move.
Optimal Entry: A buy limit at targets the liquidity zone for an anticipated bounce.
Trade Plan:
Entry: Buy limit placed at for a strategic entry point.
Stop Loss: Below the recent liquidity sweep to protect against false breaks.
Take Profit: Targeting resistance levels around for a strong risk-reward ratio.
Risk Management:
This setup leverages liquidity dynamics for a high-probability trade, but careful position sizing and disciplined risk management are essential. Monitor price action closely for bullish confirmation.
SILVER LONG FROM SUPPORT|
✅SILVER is going down to retest a horizontal support of 30.00$
Which makes me locally bullish biased
And I think that we will see a rebound
And a move up from the level
Towards the target above at 30.86$
LONG🚀
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Silver In Buy Mood Hi Traders
What are you Thinking About Silver
The price Direction In Buy Side
Resistance Zone 32500
Lets like and share your Idea in Comments.
Silver (XAG/USD) Testing Long-Term Trendline SupportChart Analysis:
Silver prices are approaching a key rising trendline (black) that has supported the market throughout 2024. This level could provide a pivotal point for the next directional move.
1️⃣ Rising Trendline Support:
The trendline, drawn from the January 2024 low, has consistently acted as support. Silver is currently testing this level around $30.39, which aligns with a potential decision zone.
2️⃣ Moving Averages:
50-day SMA (blue): Price has slipped below the 50-day SMA at $31.64, suggesting near-term bearish pressure.
200-day SMA (red): The longer-term trend remains intact, with the 200-day SMA rising steadily near $29.57.
3️⃣ Momentum Indicators:
RSI: Hovering at 42, showing weakening momentum but not yet oversold. Traders may monitor for divergence signals.
MACD: The MACD line is below zero, with a slight bearish crossover forming, reinforcing a cautious outlook.
What to Watch:
A decisive move below the rising trendline could bring the 200-day SMA ($29.57) into focus as the next key support.
On the other hand, a bounce from this trendline might signal renewed bullish momentum, with resistance likely at the 50-day SMA ($31.64).
RSI and MACD movements could offer early clues for price direction.
Silver is at a technical crossroads as it tests critical long-term trendline support. Traders will be watching closely for confirmation of the next move.
-MW
Silvers Next Play - Elliott Wave DiagonalLooking to go Long on silver with a similar double bottom move like before
except this time the percentage gain is less with ~10% decrease each wave
First wave ~40%
Second wave ~30%
Anticipating this next move to be ~20%
🎯Target $36
Note:
The ABC correction wave 4 is a bit off but will have to do for now
Still waiting for my confirmation setup then I'm jumping in for the swing.
SILVER Will Go Up! Buy!
Take a look at our analysis for SILVER.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 30.270.
The above observations make me that the market will inevitably achieve 31.022 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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SILVER SHORT FROM RESISTANCE
Hello, Friends!
It makes sense for us to go short on SILVER right now from the resistance line above with the target of 30.300 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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XAGUSD Sell IdeaXAG/USD - Sell Limit Opportunity After Liquidity Sweep
Silver (XAG/USD) has reached a key liquidity zone above resistance, presenting a strategic sell limit opportunity. The price action indicates a potential reversal as the market absorbs buying pressure in this area.
Key Observations:
Liquidity Sweep: Price action spiked above a significant resistance level, triggering stop-losses and trapping buyers.
Market Structure: Bearish signs are emerging as the price struggles to maintain momentum above the liquidity zone.
Optimal Entry: A sell limit placed at aligns with the liquidity grab and anticipated reversal.
Trade Plan:
Entry: Sell limit at , positioned to capitalize on a rejection from the liquidity zone.
Stop Loss: Above the liquidity sweep to account for volatility.
Take Profit: Targeting support levels at for a strong risk-reward ratio.
Risk Management:
This trade setup leverages the liquidity grab for a high-probability reversal, but disciplined risk management remains essential. Monitor price action for confirmation of bearish momentum before scaling into the position.
Scenario on XAGUSD 11.12.24A head and shoulder formation may be visible on silver and it will be confirmed if the price does not get above 33, if it breaks through, then one could consider a long position, but if we maintain this level, a correction may come here up to the price of 29.
SILVER Potential Long! Buy!
Hello,Traders!
SILVER is going down
Now and is about to retest
A horizontal support level
Around 29.81$ but its a
Strong key level so after
The retest we will be expecting
A local bullish rebound
And a move up
Buy!
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Check out other forecasts below too!
SILVER: Exponential Scaling 1.618^1/4Expansion based on 1.618 from lowest - Rate of Progression 1 in Exponential Grid indicator:
This suggests the market structure for Silver has strong Fibonacci-based tendencies aligning with natural growth patterns.
Exponential scaling using a constant phi (1.618) raised to the 0.25 power exponent.
This adjustment results in finer granularity while maintaining the underlying fractal structure. It smooths out the expansions to capture intermediate cycles more effectively.
Silver Surge: Master Price Action for Explosive TradesFXOPEN:XAGUSD AlexGoldHunter Technical Analysis Using Price Action Techniques
Key Levels and Patterns
Support Levels:
Current Support: 30.5314
Lower Support: Around 29.5000
Resistance Levels:
Current Resistance: 31.3102
Swing High: Around 32.0000
Strong High: Around 32.5000
Fibonacci Retracement Levels:
0.786: 31.8839374
0.705: 31.714095
0.618: 31.5385462
0.5: 31.29595
0.382: 31.0535386
Order Blocks (OB):
Specific OB levels are not provided, but they are marked on the chart.
Fair Value Gap (FVG):
Specific FVG levels are not provided, but they are marked on the chart.
Change of Character (ChoCH):
Multiple ChoCH points indicate shifts in market sentiment.
Break of Structure (BOS):
Multiple BOS points indicate significant changes in market structure, suggesting potential trend reversals or continuations.
Buy Strategy
Entry:
Look for a bullish reversal signal near the support level at 30.5314 or within the FVG zone.
Confirmation with a bullish candlestick pattern (e.g., engulfing, hammer) near the support level or FVG.
Stop Loss:
Place below the recent swing low or below the support level at 30.5314.
Take Profit:
Initial target at the previous high (31.1978 - p1D High).
Further targets at 31.3102 (current resistance) and 31.5385462 (0.618 Fibonacci level).
Sell Strategy
Entry:
Look for a bearish reversal signal near the resistance level at 31.3102 or within the OB zone.
Confirmation with a bearish candlestick pattern (e.g., shooting star, bearish engulfing) near the resistance level or OB.
Stop Loss:
Place above the recent swing high or above the resistance level at 31.3102.
Take Profit:
Initial target at the support level at 30.5314.
Further targets at 30.0000 (psychological level) and 29.5000 (next support level).
By using these price action techniques, you can identify potential buy and sell opportunities based on key support and resistance levels, trend analysis, and indicator confirmation. Remember to practice good risk management and stay updated with market conditions. Happy trading! 📈📉
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SILVER BEARISH FLAG ? if the last low is broken, watch for these 2 levels as a major major buying opportunities
silver longsilver long
💎Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
⛔️INSTRUCTIONS 1:
Please respect the yellow entry point, otherwise you risk entering too early before my strategy or too far, thus reducing gains and aggravating losses in the event of a stop loss
⛔️INSTRUCTIONS 2:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
XAGUUSD focuses on the supply areaOn the 4-hour chart, XAGUSD fluctuated downward, and the bears had the upper hand. At present, we can pay attention to the pressure of the 30.8-31.1 supply zone. If the rebound is blocked, we can consider shorting. The support below is around 30.0. After breaking through, the support below is around 29.6.
XAGUSD BUY PROJECTION We can see price is consolidating in the supply and demand zone which we see price closed last week with a wick, so it's right time to buy
XAG/USD Daily AnalysisOver four days, Silver buyers attempted to break and keep price above $32/$32.10 but failed with the fourth day seeing a bearish engulfing candle printing. This was followed by another bearish candle with a lower low and a lower close.
The next daily support lies at $30/$29.70
Look for pullbacks and sell setups if you agree with this analysis
XAGUSDWe can attempt to buy XAGUSD from specified level as it make HL , also 0.618 FIB level intact indicate that it moves upward.
SL , TP mention in chart.
XAGUSD SELLXAGUSD Break Through from 30.500 And moving to Downside.
if the price break through 30.00 zone it could breaks through from there and moving Fast to Down Side Support 29.500
SILVERsilver , i will wait on the retest of the broken descending trendline for buy opportunity where i will look for more confluence and confirmation for a buy.
