silver monitoring 29 resistance then drop to 26 supportabove 30 will continue bearish divergence bull and bear will fight 29$ resistance dropping to 27,.1 still possible before retrace upLongby salvanost3
XAGUSD: DT Curve Analysis (5D)(Intermediate Curve Analysis) SLO2 @ 31.77 📉 SLO1 @ 31.28 📉 TP1 @ 27.43 💰 TP2 @ 25.03 TP3 @ 23.27 TP4 @ 20.55 ADDITIONAL INFO: ✍️ TP1 @ 27.43, can now be used as a Sell Stop Order 📉 Silver has fallen for the third week in a row due to a poor industrial outlook and ongoing demand concerns in China. 📉 Markets have priced in silver demand from renewable energy sources, prompting investors to exit long silver positions. 📉 A key political meeting in Beijing failed to produce new stimulus measures. NOTE: China's central bank unexpectedly cut lending rates, and the US economy expanded faster than expected in the second quarter, with strong gains in consumer spending and business investment. 🔑 SLO = SELL LIMIT ORDER TP = TAKE PROFIT 💰 PROFIT SHAVED ⏳ PENDING 📉 SELL ORDER TRIGGEREDShortby ProfessorCEWard2
Silver - XAGUSD - 4H - Bearish Flag - Short PositionIn this chart we have figure out that SILVER is creating a Bearish flag so we decided to take a short entry at 27.90 Stop loss at 28.30 and Take Profit is 26.40Shortby shahrukhshafiq0
XAGUSD Buy this dead-cat bounce.Silver (XAGUSD) remains within the 2-year Channel Up pattern we mentioned on our Aptil 17 analysis (see chart below) that hit our 32.000 Target: The price is on a 3-week correction, which is technically natural within this pattern. The symmetry with the previous Bearish Leg of the Channel Up suggests that since the price has hit the 0.382 Fibonacci level from the top, it might rebound like the July 17 2023 High pricing on the 0.786 Fib (blue). As a result, as long as the 1W MA50 (blue trend-line) stays intact, we now turn bullish for the medium-term, targeting 31.000 (just below the 0.786 Fib). ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot15
XAGUSD Bearish BreakoutHead and Shoulders neckline has been broken, signaling a bearish breakout. The price is now heading towards the next support level.Shortby GlobalMarketGuru0
XAGUSDPair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves RSI - Divergence Break of Structure and Retracement Resistance Level Bearish Channel as an Corrective Pattern in Short Time Frameby ForexDetective5
Silver Head and Shoulders + Supply RejectionThis is a tiny head and shoulders, but I think it is valid. Either way, silver had supply there too for double confirmation we'd see downside after. I also posted an idea earlier about a trend break, it's looking fairly bearish, but has a chance to bounce here, which could lead an extended move back up. It had a nice bull flag breakout, but has now fallen all the way back to the bottom end of the flag. I'm bearish for now, looking for a trend break and further downside. It has previous lows around $26 that may hold, but if not I'd expect a quick flush down to make a new lower low which would officially end the uptrend it has been in since about Feb of this year.Shortby AdvancedPlays2
Silver EW countSilver EW counts TVC:SILVER FXOPEN:XAGUSD MCX:SILVER1! CAPITALCOM:SILVER ACTIVTRADES:SILVER OANDA:XAGUSD FOREXCOM:XAGUSD Silver elliottwave countby Treda_pro1
Does silver correct? Hello my dears We are at your service with silver analysis. In the drawn diagram, we considered 3 goals that there is a possibility of seeing these goals in the future. There are 9 black dotted lines that are placed as resistance in the way of candles. We want to check the reaction of silver price when reaching these diagonal resistance levels. If you like my analysis, support me with likes and comments. thank youShortby hamidreza_FXUpdated 2214
$SILVER long ideaSilver might find a floor in the upcoming days! I will be watching the next support levels for that!Longby athelaas3
Silver / US . DollarHey traders We have a silver set up here buy limit, I am hoping it will push up a little from this support level, all details down below. Kindly please like follow and comment be a great help thanks Entry 29.00000 Sl 28.65984 Tp 30.50000 This chart material is for educational purposes only / Demo account should be traded onlyLongby Costy13Updated 4418
Silver is at its crucial level of support Silver price is in the lower band of bullish flag pattern, I do not understand the reason for falling of gold and silver it's only bull trapping going on what I feel, silver will definitely be very bullish in the coming days, I am buying and holding from here now.Longby sourabhlowanshi117
SILVER Is Bearish! Short! Please, check our technical outlook for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 29.051. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 27.611 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. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 113
XAGUSD double top patternOn the daily chart, XAGUSD formed a double top pattern, and the bearish trend is dominant. At present, we can pay attention to the resistance near the neckline of 28.56. If the rebound is blocked, we can consider shorting, and the downward target is around 26.00.Shortby XTrendSpeed3
SILVER ( XAGUSD ) Support Breakout At $28.526 25.07.2024- XAGUSD support breakout at $28.526 on the 4HR chart. - If confirmed, targets are $27.442 and $26.064. - If breakout fails, potential resistance targets are $29.378 and $30.047. Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerShortby Stuart_Cowell1
Silver potential Buy setupReasons for bullish bias: - Price gave channel breakout - Price bounced from daily support - Safe entry at HH breakout - Bullish divergence Trade Plan: Entry Level(Buy stop): 29.579 Stop Loss Level: 28.432 Take Profit Level 1: 30.726 Take Profit Level 2: 31.873Longby TradeWithParasUpdated 3
SILVER final level. Marked the low level of the single prints / liquidity they’re chasing it seems. Shortby L_UP_2470
Silver Trend BreakWell I thought things might be looking like we were going to gap up and bounce a little tomorrow, but it's strange to see what's happening after the bell. Crypto and metals are falling off a cliff. Somehow they held up all day as NQ was tanking, but ETH is melting and BTC broke its uptrend as well. Not to mention VX is green on the session again and is approaching a major break from a downtrend that started in September of 2023. Long way to go until open in the morning, but I am not feeling as optimistic as I did at close.Shortby AdvancedPlays3
Bullish reversal?The Silver (XAG/USD) is falling towards the pivot which acts as a pullback support and could bounce to the overlap resistance. Pivot: 28.67 1st Support: 28.18 1st Resistance: 29.31 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets13
Elliot wave count for silver/usdUsd and the Dow looking shaky, money starting to come into precious metals/commodities, Silver looks good for a nice move hereLongby Spocks-BeardUpdated 5515
XAG/USD: Unique Buying Opportunity Amidst Pivot Point ChallengeHello Everyone, XAG/USD is currently presenting a unique buying opportunity! However, caution is advised as the price is currently below the 1-day, 1-week, and 1-month pivot points. The first sign of a bullish continuation will be the price staying confidently above the 1-day pivot point. With all factors aligning, more upside is anticipated! TradeWithTheTrend3344Longby TradeWithTheTrend33443
SILVER Set To Grow! BUY! My dear friends, Please, find my technical outlook for SILVER below: The price is coiling around a solid key level - 29.283 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 29.853 Safe Stop Loss - 28.945 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK Longby AnabelSignals2220