Bottom on 4h for Silver
here we are with thebottom of silver on hour charts , what do you think guys??
XAGUSDK trade ideas
Trade idea - XAGUSD Long4H
Bullish M pattern can potentially play out.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
Market moving in Bull Flag formation towards entry zone.
More clear from a 1H perspective:
= Confirmation to place Buy limit.
1.5% risk.
XAGUSDGetting ready to long the heck out of Silver soon . Looking for a price of 29.46 (Oanda) to start buying .
XAGUSD 5000PIPSIdentify Major Trend:
Long-term Technical Analysis: Review weekly or monthly charts to identify key support and resistance levels, as well as the overall trend. Silver tends to follow large cycles, so confirming a trend alignment in the right direction (bullish or bearish) is crucial.
Technical Indicators: Use indicators such as the moving averages (50, 100, 200-day), RSI, and MACD to confirm the strength of the trend. Look for converging signals that align with your target direction.
Set Entry Point:
Fundamental News: Keep an eye on key economic indicators and news events that impact silver prices, like U.S. dollar movements, interest rates, and geopolitical events.
Precise Technical Entry: Wait for a breakout from a key resistance or support level on shorter timeframes to enter in alignment with the long-term trend. Confirm entries with candlestick patterns, trendline breaks, or key price reversals on the daily or weekly charts.
Silver ALWAYS disapointsSome huge pain is coming for ALL markets, but silver will be the leader per usual.
Silver Remains Bearish Below $31 as Solar Demand DipsSilver 's downtrend is boosted by lower demand for China's solar panels. XAG/USD has tested the bearish FVG. The trend will remain bearish below $31.35, with the next target at $30.10.
Article: fxnews.me
Silver trade to run back upwards, for now.
A lot of contraction/squeeze on Gold and Silver price at these levels.
I think I counted 12% correction, it happened quickly.
Not a great deal of momentum as you would expect at the turnaround and the USD over 106.
Will look for a proper entry to go long.
WHAT'S FLOWING: CRYPTO / FX / METALS / ASIAHere’s a breakdown for today’s "What's Flowing" episode based on the latest charts:
UNIUSD: Bullish. Uniswap is showing strength with clear upward momentum, indicating potential for continued gains.
SXPUSD: Bullish. Strong buying signals are evident here, with prices moving toward higher levels, making it favorable for long positions.
EURCAD: Bearish. The pair is exhibiting signs of weakness, with potential for further downside movement, presenting a short opportunity.
CADCHF: Bullish. CAD is gaining over CHF, showing a positive upward trend, suggesting a good setup for a bullish play.
XAGUSD (Silver): Bearish. Silver is trending lower, with indications of continued downside, suggesting it’s suitable for bearish positions.
ZNC (Zinc): Bearish. Zinc’s price action is leaning downward, showing selling pressure that may lead to further declines.
JPN225 (Nikkei): Bearish. Japan’s index is showing weakness, with a downward trajectory suggesting a potential for shorting.
CHNAH (China A50): Bearish. The Chinese index appears to be facing resistance, with bearish momentum indicating possible further declines.
This lineup features a mix of bullish and bearish setups across various assets, including cryptocurrencies, metals, and indices. Use these flows as a guide, and manage your trades with caution. As always, consider market conditions and maintain disciplined risk management.
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 30.07330$
Wish you good luck in trading to you all!
SILVER BULLISH BAISE LONG SILVER is set to retest a strong support level below at $3.000 After trading in a local downtrend from same time
which makes a bullish rebound a likely secenario
With the taret is being a local resistance above at 31.36$ long
SILVER: Local Correction Ahead! Buy!
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 upside. So we are locally bullish biased and the target for the long trade is 30.95107$
Wish you good luck in trading to you all!
Silver Chart below - I could be wrong or seriously right.
Most of my ramble is within the chart.
I think traders might have already witnessed the commencement of a bigger market correction for the Gold and Silver price.
Silver price down 1.75% (intentional I think) to take longs out.
A lot of people were long on gold and silver on thursday and I think that it was planned to keep the price selley today to take out stops.
Anyway, XAGUSD is down 1.75% and about 31.38 now. I think the price will move swiftly back up if buyers are there.
Join the friday afternoon free silver train long and get paid to do nothing.
SILVER: Move Down Expected! 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 31.08239$
Wish you good luck in trading to you all!
XAGUSDXAGUSD ( Silver / U.S Dollar )
Completed " 12345 " Impulsive Waves at Extreme Point of Interest ( POI ). It has completed Break of Structure. Strong Divergence impacting Change of Characteristics to complete the Order Bloc
XAGUSD - Silver Vs FOMC?!Silver is below the EMA200 and EMA50 in the 4H timeframe and is moving in its medium-term bullish channel. If the decline continues due to the FOMC today, we can see demand zone and buy within that range with a suitable risk reward. If the upward trend continues, silver can be sold within the specified supply zone.
World Bank analysts believe that silver is a precious metal worth monitoring in 2025. The World Bank has recently updated its commodity market forecasts. While gold is expected to maintain its strong performance within the broader market, analysts have forecasted weaker demand extending from next year through 2026.
The analysts noted, “Demand for gold from central banks and the jewelry sector, which together constitute about two-thirds of global demand, is likely to decrease due to unprecedented high prices.” Nevertheless, the World Bank sees greater potential in silver, given expectations that rising demand and limited supply will help support prices.
World Bank analysts further stated, “Silver demand is anticipated to increase steadily in the forecast horizon, driven by its dual financial and industrial uses.” With supply growth lagging behind the positive factors supporting demand, silver prices are projected to increase by 7% in 2025 and by 3% in 2026, following an expected 20% increase in 2024.
Many analysts expect silver to outperform gold by 2025, as it is currently priced well below its intrinsic value.
Nomura believes that a second Trump administration would focus heavily on tariff and tax policies, potentially leading to inflationary pressures and slower economic growth. Nomura forecasts that the Federal Reserve will respond prudently to these changes. The Federal Reserve is expected to implement two rate cuts this year, followed by a single cut in 2025, and then take a prolonged pause on further cuts.
SILVER_109 2024.11.07 08:12:03 Trading Signal BUYFrankPro Signal for SILVER_109
Type: Screen
Signal: BUY
TP: 32.835
SL: 30.91
Entry Price: 31.185
Analysis for SILVER
Forecast Overall(Short-Term, Long-Term): ST= Probably Down LT= Strong Up
Forecast Methods(Short-Term, Long-Term):
ST=Up LT=Up
ST=Down LT=Up
ST=Down LT=Up
Analysis Method(0)
Based on the analysis, here are my predictions for the price movement of XAG/USD (Silver) in both the short-term and long-term:
**Short-term (next few days to a week):**
The price is expected to go **UP**. The current price is around $32.50, and there is an expectation for the price to test the support area near 32.15 before rebounding and continuing its growth towards levels above 33.85. Additionally, the upcoming US election and Federal Reserve meeting could lead to a weaker US Dollar, which could propel silver prices higher.
**Long-term (next few weeks to months):**
The price is expected to go **UP**. The fundamental picture for silver remains positive due to increasing demand, particularly in technology production, electric vehicles (EVs), and renewable power solutions. This demand has outpaced supply, which is expected to continue supporting higher prices for silver. The technical outlook also suggests that a close above the 32.60 level could signal renewed upward momentum, potentially driving prices towards 33.01 and 34.00.
Overall, both the short-term and long-term analyses suggest that the price of silver is expected to go up, driven by a combination of technical and fundamental factors. However, it's always important to keep in mind that market volatility and unexpected events can impact price movements.
Result: ST=Up LT=Up
Analysis Method(1)
Based on the analysis, here are my predictions for the XAG/USD (Silver) market:
**Short-term (next 24-48 hours)**
* The price is expected to be volatile due to the ongoing US election and the upcoming Federal Reserve meeting, which could impact the US Dollar and, in turn, silver prices.
* If silver fails to break above $33.00, it could test the support levels at $32.25, $32.15, and $31.32.
* However, if the price breaks above $33.00, it could lead to a swift run toward the $34.00 handle.
* Given the uncertainty and volatility, the price could go either way, but I would slightly lean towards a **downward movement** in the short-term, testing the support levels.
**Long-term (next week and beyond)**
* The fundamental picture for silver remains positive, driven by increasing demand, particularly in technology, electric vehicles, and renewable power solutions.
* The gap between global supply and physical demand is expected to continue supporting higher prices.
* The technical analysis suggests that if XAG/USD clears the $33.00 level, the next target could be the October 31 high of $33.89, followed by $34.00 and potentially the year-to-date peak at $34.86.
* Based on the positive fundamental analysis and the potential for a breakout above $33.00, I would predict a **long-term upward movement** in the price of silver.
Overall, while there may be short-term volatility and potential downward movement, the long-term outlook for silver appears to be positive, driven by strong fundamentals and potential for a breakout above $33.00.
Result: ST=Down LT=Up
Analysis Method(2)
Based on the analysis provided, here is my assessment of the expected price movement for Silver (XAG/USD) in both the short-term and long-term:
**Short-term (next few days to a week):**
* Expected price movement: Down (correction)
* Reasoning: The analysis mentions an expectation of a short-term bearish correction to test support levels, despite the overall bullish trend. This suggests that the price may experience a temporary decline before potentially resuming its upward momentum.
* Potential price range: $31.34 to $32.15 (support levels)
**Long-term (next few weeks to months):**
* Expected price movement: Up
* Reasoning: The analysis indicates a bullish trend with potential for continued growth if key resistance levels are broken. The forecast also mentions a potential target above $33.85 if the price breaks out above $33.25.
* Potential price range: $33.25 to $34.86 (resistance levels and year-to-date peak)
Overall, while there may be a short-term correction, the long-term outlook for Silver (XAG/USD) appears to be bullish, with potential for continued growth driven by a weaker US Dollar and other market influencers.
Result: ST=Down LT=Up
Gold & Silver shakeout appears to be over. Buy Silver or Gold
A bigger correction in the Gold and Silver price this week.
I firmly believe this shakeout is less and less now.
Momentum is returning to the upside IMO.
SILVER_110 2024.11.07 04:31:03 Trading Signal SELLFrankPro Signal for SILVER_110
Type: Screen
Signal: SELL
TP: 30.244
SL: 31.287
Entry Price: 30.989
Analysis for SILVER
Forecast Overall(Short-Term, Long-Term): ST= Probably Down LT= Strong Up
Forecast Methods(Short-Term, Long-Term):
ST=Up LT=Up
ST=Down LT=Up
ST=Down LT=Up
Analysis Method(0)
Based on the analysis, here are my predictions for the price movement of XAG/USD (Silver) in both the short-term and long-term:
**Short-term (next few days to a week):**
The price is expected to go **UP**. The current price is around $32.50, and there is an expectation for the price to test the support area near 32.15 before rebounding and continuing its growth towards levels above 33.85. Additionally, the upcoming US election and Federal Reserve meeting could lead to a weaker US Dollar, which could propel silver prices higher.
**Long-term (next few weeks to months):**
The price is expected to go **UP**. The fundamental picture for silver remains positive due to increasing demand, particularly in technology production, electric vehicles (EVs), and renewable power solutions. This demand has outpaced supply, which is expected to continue supporting higher prices for silver. The technical outlook also suggests that a close above the 32.60 level could signal renewed upward momentum, potentially driving prices towards 33.01 and 34.00.
Overall, both the short-term and long-term analyses suggest that the price of silver is expected to go up, driven by a combination of technical and fundamental factors. However, it's always important to keep in mind that market volatility and unexpected events can impact price movements.
Result: ST=Up LT=Up
Analysis Method(1)
Based on the analysis, here are my predictions for the XAG/USD (Silver) market:
**Short-term (next 24-48 hours)**
* The price is expected to be volatile due to the ongoing US election and the upcoming Federal Reserve meeting, which could impact the US Dollar and, in turn, silver prices.
* If silver fails to break above $33.00, it could test the support levels at $32.25, $32.15, and $31.32.
* However, if the price breaks above $33.00, it could lead to a swift run toward the $34.00 handle.
* Given the uncertainty and volatility, the price could go either way, but I would slightly lean towards a **downward movement** in the short-term, testing the support levels.
**Long-term (next week and beyond)**
* The fundamental picture for silver remains positive, driven by increasing demand, particularly in technology, electric vehicles, and renewable power solutions.
* The gap between global supply and physical demand is expected to continue supporting higher prices.
* The technical analysis suggests that if XAG/USD clears the $33.00 level, the next target could be the October 31 high of $33.89, followed by $34.00 and potentially the year-to-date peak at $34.86.
* Based on the positive fundamental analysis and the potential for a breakout above $33.00, I would predict a **long-term upward movement** in the price of silver.
Overall, while there may be short-term volatility and potential downward movement, the long-term outlook for silver appears to be positive, driven by strong fundamentals and potential for a breakout above $33.00.
Result: ST=Down LT=Up
Analysis Method(2)
Based on the analysis provided, here is my assessment of the expected price movement for Silver (XAG/USD) in both the short-term and long-term:
**Short-term (next few days to a week):**
* Expected price movement: Down (correction)
* Reasoning: The analysis mentions an expectation of a short-term bearish correction to test support levels, despite the overall bullish trend. This suggests that the price may experience a temporary decline before potentially resuming its upward momentum.
* Potential price range: $31.34 to $32.15 (support levels)
**Long-term (next few weeks to months):**
* Expected price movement: Up
* Reasoning: The analysis indicates a bullish trend with potential for continued growth if key resistance levels are broken. The forecast also mentions a potential target above $33.85 if the price breaks out above $33.25.
* Potential price range: $33.25 to $34.86 (resistance levels and year-to-date peak)
Overall, while there may be a short-term correction, the long-term outlook for Silver (XAG/USD) appears to be bullish, with potential for continued growth driven by a weaker US Dollar and other market influencers.
Result: ST=Down LT=Up
SilverStill on the very same idea as yesterday, we got stopped out of the initial trade but getting a better price to work with, lets see how the next few days pan out, i am expecting to be stopped out a number of times due to election volatility but still we keep the same risk as usual, please trade with caution.
*Initial Idea*
The US Federal Reserve’s policy decision, set for Thursday, is capturing market attention. A 25 basis point rate cut is widely anticipated this week, with the CME FedWatch Tool indicating a 99.5% likelihood of this move in November. Such a rate cut could lend support to Silver, as lower interest rates decrease the opportunity cost of holding non-yielding assets.
In addition, expectations for further economic stimulus from China could enhance Silver's demand outlook. The Standing Committee of the National People's Congress (NPC) is convening for a five-day meeting from November 4 to 8, where a stimulus package possibly exceeding 10 trillion yuan may be approved to boost China’s economy. As one of the world’s largest centers for electronics, solar panels, and automotive manufacturing, China’s increased activity could significantly drive up Silver demand.
SILVER_105 2024.11.06 03:43:04 Trading Signal BUYFrankPro Signal for SILVER_105
Type: Screen
Signal: BUY
TP: 32.646
SL: 31.914
Entry Price: 32.097
Analysis for SILVER
Forecast Overall(Short-Term, Long-Term): ST= Probably Up LT= Strong Up
Forecast Methods(Short-Term, Long-Term):
ST=Down LT=Up
ST=Up LT=Up
ST=Up LT=Up
Analysis Method(0)
Based on the provided analysis, here is my assessment of the expected price movement for XAG/USD (Silver spot price in US Dollars) in both the short-term and long-term:
**Short-term (next few days to a week):**
* The technical indicators suggest a strong sell signal, which could lead to a short-term decline in price.
* However, the STOCH and STOCHRSI indicators show that the market is oversold, which could suggest a potential rebound.
* Given the support level of 32.05, if the price holds above this level, a short-term rebound and growth are anticipated.
* Expected price movement: Neutral to slightly bearish in the very short-term, but potentially bullish if the support level holds.
**Long-term (next few weeks to months):**
* The forecast suggests that silver prices could rebound and grow, targeting levels above 35.45, if the support level of 32.05 holds.
* The bullish trend in gold prices and the potential safe-haven demand due to geopolitical uncertainties could support a long-term uptrend in silver prices.
* The economic and industrial demand factors, such as China's potential stimulus measures, could also contribute to a long-term price increase.
* Expected price movement: Bullish, with a potential target price above 35.45.
In summary, while there may be some short-term volatility and potential decline, the long-term outlook for silver prices appears to be bullish, driven by a combination of technical, fundamental, and market factors.
Result: ST=Down LT=Up
Analysis Method(1)
Based on the analysis, here are my predictions for the XAG/USD (silver price) in both the short-term and long-term:
**Short-term (next 24-48 hours):**
The price is expected to **go up**. The technical indicators suggest a bullish trend, and the forecast predicts a rise to around $35.15 in the next 24 hours. The expected rate cut by the US Federal Reserve and potential stimulus measures from China could also support silver prices.
**Long-term (beyond 48 hours):**
The price is also expected to **go up**. The technical analysis suggests a potential upward rebound and continued growth with a target above $35.45. The bullish trend, supported by stronger EUR/USD and gold prices, Middle East tensions, and the overall geopolitical landscape, is likely to continue. Additionally, the potential for higher inflation under a Trump presidency could lead to increased demand for safe-haven assets like silver, further supporting the price.
Overall, the analysis suggests a bullish outlook for silver in both the short-term and long-term, with potential price increases driven by a combination of economic policies, geopolitical factors, and technical indicators.
Result: ST=Up LT=Up
Analysis Method(2)
Based on the provided analysis, here is the expected price movement for the XAG/USD pair:
**Short-term (next few days to a week):**
* The price is expected to go up. The forecast suggests an upward rebound and continued growth with a target above 35.45, supported by a weaker US Dollar and a bullish trend indicated by moving averages.
* A breakout above the resistance area of 33.75 could accelerate this growth.
* However, the US presidential election on November 5, 2024, may cause caution among traders, leading to some volatility.
**Long-term (next few weeks to months):**
* The price is also expected to go up. The approval of China's additional stimulus package could increase demand for silver, supporting the growth scenario.
* The forecast suggests that the silver price may test the support area near 32.05, but this is expected to be followed by an upward rebound.
* A fall and breakout below the 30.75 level would cancel the growth scenario, but this is not the expected outcome based on the current analysis.
Overall, the analysis suggests a bullish trend for the XAG/USD pair in both the short-term and long-term, with some potential volatility in the short-term due to the US presidential election.
Result: ST=Up LT=Up
XAGUSD: Counter-Trend BreakoutXAGUSD (Silver) is breaking to the downside. There's a couple of key things I'm watching for this play:
Price failed to push higher in the uptrend
Price is in process of making a sharp breach, crossing below the trend line
The second floor isn't holding as price is breaching below it
ADR: 89
SL: 80
TP: 180
SILVER_108 2024.11.05 13:52:04 Trading Signal SELLFrankPro Signal for SILVER_108
Type: Screen
Signal: SELL
TP: 31.668
SL: 32.956
Entry Price: 32.795
Analysis for SILVER
Forecast Overall(Short-Term, Long-Term): ST= Probably Up LT= Strong Up
Forecast Methods(Short-Term, Long-Term):
ST=Down LT=Up
ST=Up LT=Up
ST=Up LT=Up
Analysis Method(0)
Based on the provided analysis, here is my assessment of the expected price movement for XAG/USD (Silver spot price in US Dollars) in both the short-term and long-term:
**Short-term (next few days to a week):**
* The technical indicators suggest a strong sell signal, which could lead to a short-term decline in price.
* However, the STOCH and STOCHRSI indicators show that the market is oversold, which could suggest a potential rebound.
* Given the support level of 32.05, if the price holds above this level, a short-term rebound and growth are anticipated.
* Expected price movement: Neutral to slightly bearish in the very short-term, but potentially bullish if the support level holds.
**Long-term (next few weeks to months):**
* The forecast suggests that silver prices could rebound and grow, targeting levels above 35.45, if the support level of 32.05 holds.
* The bullish trend in gold prices and the potential safe-haven demand due to geopolitical uncertainties could support a long-term uptrend in silver prices.
* The economic and industrial demand factors, such as China's potential stimulus measures, could also contribute to a long-term price increase.
* Expected price movement: Bullish, with a potential target price above 35.45.
In summary, while there may be some short-term volatility and potential decline, the long-term outlook for silver prices appears to be bullish, driven by a combination of technical, fundamental, and market factors.
Result: ST=Down LT=Up
Analysis Method(1)
Based on the analysis, here are my predictions for the XAG/USD (silver price) in both the short-term and long-term:
**Short-term (next 24-48 hours):**
The price is expected to **go up**. The technical indicators suggest a bullish trend, and the forecast predicts a rise to around $35.15 in the next 24 hours. The expected rate cut by the US Federal Reserve and potential stimulus measures from China could also support silver prices.
**Long-term (beyond 48 hours):**
The price is also expected to **go up**. The technical analysis suggests a potential upward rebound and continued growth with a target above $35.45. The bullish trend, supported by stronger EUR/USD and gold prices, Middle East tensions, and the overall geopolitical landscape, is likely to continue. Additionally, the potential for higher inflation under a Trump presidency could lead to increased demand for safe-haven assets like silver, further supporting the price.
Overall, the analysis suggests a bullish outlook for silver in both the short-term and long-term, with potential price increases driven by a combination of economic policies, geopolitical factors, and technical indicators.
Result: ST=Up LT=Up
Analysis Method(2)
Based on the provided analysis, here is the expected price movement for the XAG/USD pair:
**Short-term (next few days to a week):**
* The price is expected to go up. The forecast suggests an upward rebound and continued growth with a target above 35.45, supported by a weaker US Dollar and a bullish trend indicated by moving averages.
* A breakout above the resistance area of 33.75 could accelerate this growth.
* However, the US presidential election on November 5, 2024, may cause caution among traders, leading to some volatility.
**Long-term (next few weeks to months):**
* The price is also expected to go up. The approval of China's additional stimulus package could increase demand for silver, supporting the growth scenario.
* The forecast suggests that the silver price may test the support area near 32.05, but this is expected to be followed by an upward rebound.
* A fall and breakout below the 30.75 level would cancel the growth scenario, but this is not the expected outcome based on the current analysis.
Overall, the analysis suggests a bullish trend for the XAG/USD pair in both the short-term and long-term, with some potential volatility in the short-term due to the US presidential election.
Result: ST=Up LT=Up
