XAGUSD OutlookPAIR: Bullish Outlook: XAGUSD has been breaking into new highs on our Weekly, Daily, and 4hr time frame. Price has made a nice valid pullback, we now need 1 of our valid engulfing patterns while staying above the 50ema. Keeping an eye on this!Longby angelvalentinx2
XAGUSDXAGUSD - New position - with capital management It is expected to have an upward movementLongby abbasireza4
XAGUSD Long ModelDirection : Bullish Trade Setup : Intraday Trade Type : Continuation Confluence : - Break of structure on the daily - Rejection on 4H - Order Block Level MitigatedLongby intlgrndmstr223
SILVER SHORTSILVER SHORT PLEASE DON’T BE GREEDY ENTRY POINT : yellow point TP : blue lines SL : below red line for LONG POSITION above red Line for SHORT POSITION INSTRUCTIONS: FOR risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20 PLEASE DON’T BE GREEDY DO YOU WANT TO HAVE ACCURATE SIGNALS EVERY DAY? do you want to learn? The best indicators The best analyzes The best entry point The best sales areas How to make profit How to corver up losses How to stay profitableShortby RODDYTRADING0
A Potential Setup For Silver - Another Elliot Wave ImpulseAfter completing a textbook Elliot Wave Impulse pattern, followed by an ABC correction, silver is shaping up to potentially complete another impulse higher. Today's correction (seemingly related to a dead cat bounce in the DXY) seems like a good entry point IMO.Longby smartsilverstacker0
SILVER XAGUSD Analysis: Thursday 22nd August. Yesterday the Silver price hummed along nicely in concert with the Gold price, which of course XAUUSD Gold broke the 2500 level downwards at the start of the New York session. It was a false-break down & took many of the Long-Stops before the Gold Price shot upwards. Concerning a bit for me yesterday was the number of Bearish Head 'n' Shoulders patterns on multiple timeframes. Now be aware of this very strong Bearish H & S's pattern for XAU USD on the 1HR timeframe. How will it play out? Well during the Oceania and Asian session the Gold price sold off again about 4 hours ago during Thursday early afternoon trading in Australia. I put out an alert to go long Gold around the 2500 support level & the Gold price has lifted nicely thanks to a bullish Cup and Handle pattern mostly on the 1m and 2m charts. So if Gold continues it's strength going into the London and New York sessions then Silver should also be supported and should avoid triggering this Head's n Shoulders sell pattern. Price is awfully close to the neckline and it's possible price could be selling off now at time of writing. In economic news on todays calendar Thursday 22nd August in the USA 1. 08:00 - USA Jackson Hole Symposium 2. 08:30am - Initial Jobless Claims for USA. 232k is the key number. * (A higher than expected reading could be taken as negative/bearish for the USD) So a number greater > than 232K could be supportive of the Gold and Silver price imo due to the inverse relationship between the USD and Gold. 3. 08:30 - Continuing Jobless Claims 1,870K (Forecast) 1,864K (Previous) So a higher number than 1870K will support Gold 4. 09:45 - Manufacturing PMI (Aug) 49.5 (Forecast) 49.6 (Previous) A number lower than 49.5 will be supportive of Gold, generally speaking. 5. 09:45 - S&P Global Composite PMI (Aug) 53.5 (Forecast) 54.3 (Previous) 6. 09:45 - Services PMI (Aug) 54.0 (Forecast) 55.0 (Previous) Both of these PMI are supportive of Gold if they are lower numbers than forecast. 7. 0:00 - Existing Home Sales (Jul) 3.94M (Forecast) 3.89M (Previous) A lesser number on existing home sales needed here for support on gold price. by Easy_Explosive_TradingUpdated 1
Silver BuyThe Subtle Shift: Strategic Benefits of Investing in Gold and Silver Amidst the high-profile geopolitical discord between China and Western powers, a more nuanced financial realignment is taking place. China has been methodically amassing vast quantities of gold and silver, signaling a potential realignment in global economic dominance. Silver: China’s Covert Economic Lever Beyond its gold acquisitions, China is also significantly bolstering its silver reserves. The Shanghai Metals Exchange has seen a pronounced increase in silver trading activity, with prices consistently outstripping those on Western exchanges. This trend suggests a deliberate effort by China to manipulate silver prices and extract resources from Western markets. As of 2023, China holds an impressive 71,000 metric tons of silver, placing it just behind Peru, which boasts 98,000 metric tons. In contrast, the U.S. holds 23,000 metric tons, ranking below other major reserve holders such as Poland, Russia, Australia, and Chile. Why Embrace Gold and Silver Now? In light of these strategic maneuvers, investing in gold and silver offers a compelling opportunity. As global economic power dynamics shift, these precious metals could provide a crucial hedge against financial instability and market volatility. Positioning yourself in gold and silver now may not only safeguard your assets but also align with emerging economic trends.Longby thabang010
Analysis of the XAGUSD by the Mallicast team.Silver, however, has higher price levels ahead, and we can expect its upward movement to continue until reaching the price of 31.773. Longby kiyandokhtkarimi2
Analysis of the XAGUSD by the Mallicast team.Silver, however, has higher price levels ahead, and we can expect its upward movement to continue until reaching the price of 31.773. by mallicast3
SilverPair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " A - wxyx " Corrective Waves Break of Structure CHoCH Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergenceby ForexDetective3
SILVER (XAGUSD): More Growth is Coming?! I see a confirmed structure breakout on Silver. The price broke and closed above a key daily resistance. We see its retest at the moment. Presumably, the broken structure turned into support now. The market may continue growth at least to 30.3 resistance. ❤️Please, support my work with like, thank you!❤️Longby VasilyTrader116
XAGUSD bullish analysisBullish analysis for XAGUSD has price in wave 5 of (3), with price target of 47.441 for wave (3).by discobiscuit4
Why silver needs to break 29.80 today Wednesday 21st August The Gold price has recovered well today. See my analysis on Gold on my other thread. I need to see Silver continue to rally above 29.80 and take out the right shoulders on bearish H & S's patterns on the 5m, 15m, 30m and 60 minutes charts. I do see bullishness for Silver as the Gold price recently showed strength thanks to a bullish H & S's on the 1m, 2m and 3m. Cheers, Chris * Please don't rely solely on my investment advice. Learn as much as you can.by Easy_Explosive_TradingUpdated 0
Silver is in the bullish trend after testing supportHello Traders In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET today XAGUSD analysis 👆 🟢This Chart includes_ (XAGUSD market update) 🟢What is The Next Opportunity on XAGUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts Longby ForexMasters20006
SILVER Is Very Bullish! Long! Please, check our technical outlook for SILVER. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 29.576. Taking into consideration the structure & trend analysis, I believe that the market will reach 31.792 level soon. 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!Longby SignalProvider113
XAGUSD longXAGUSD broken trendline, it seems likely that it will continue for a while.Longby 11021992Updated 5
End of pullback????After making a major trend reversal on top, XAUUSD now pullback to upper line of his channel and heavy to goes higher. On my view, Bear can take control again and push price lower. Trade safe. Good luck.Shortby rezamousavi1110
SILVER (XAGUSD): Important BreakoutSilver has the potential to increase in value after breaking through a significant daily resistance level. The previously broken structure is now acting as support, indicating a potential bullish movement towards $30.00.Longby linofx13
SILVER, very bullish outlookHello everyone, I like to provide you a detailed elliot wave analysis on silver. In my opinion we are in the middle of a higher degree fifth wave. The elliot wave rules I use: Standard: - Wave 3 has to be the longest - Wave 4 can not overlap with wave 1 Advanced: - Target levels are 1,5 to 1,618 (wave 3) and 2.272 to 2.618 (wave 5) - Wave 3 needs to show a change of character to wave 1 (usually steeper) Longby Kyrean3
XAGUSD - Aggressive Bullish Play To $29.21.If this doesn't play out before i finish this post, next week i will be scoping out juicy longs to poach the long term higher timeframe highs located @ $29.21. Overall bias is long, going into the daily Sellside imbalance buyside inefficiency between 29.433 - 29.757 for this week. All-time highs being booked in OANDA:XAUUSD also aids this long bias as these two commodities tend to move in tandem Longby LegendSinceUpdated 3
SILVER (LONG)As per daily market structure . Turtle soup Trading Strategy The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend.Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts. It takes inspiration from the famous Turtles trading experiment, where novices were trained on a trend-following system. Longby fxdemy29250
Silver's possible 'edge' over Gold (see chart) The Gold price will continue to Surge this week imo, mainly on very USD weakness & traders and people from all over the world are coming 'from-out-of-the-wood-work' to speculate on Gold's next move when The-Fed moves on interest rates in Mid-September. But the Silver price is still about 9.8% underneath it's high-price for 2024. Silver imo opinion has more volatility and price movement than Gold does, which is another reason I prefer to accrue or Trade the Silver Price. Finally, Silver is not as overbought currently on the Stochastics & RSI weekly and monthly timeframes compared to Gold. It probably does not matter which precious metal you trade or buy, they are all incredibly bullish at the moment, yes particularly Gold & Silver.Longby Easy_Explosive_TradingUpdated 110