SILVER: First green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day ✅
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump
Dump&Pump ✅
Frontside ✅
Backside
4. THESIS:
Long: This is currently my primary view, Monday placed the opening range of the week, dumping down into the previous LOW, closing as well out of balance. Tuesday consolidated below the LOW, until it started breaking higher at the end of the day, placing a peak formation low in Asia session of Wed, which printed as well a higher high into the Tue high of day. Potentially this market is staring now the frontside move, and in this specific moment, the low of Asia, or closing price are the level I will be looking for a buy low, if a setup is presented after 8:30am CPI news release.
Short: I'm not really interested at the moment in shorting this market, however, the current high of Asia can be a level of reaction for a short scalp
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
Silver
SILVER Rebound Ahead! Buy!
Hello,Traders!
SILVER made a retest
Of the horizontal support
Of 29.74$ from where we
Are already seeing a bullish
Rebound and as we are
Locally bullish biased
We will be expecting a
Further move up
Buy!
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Check out other forecasts below too!
Understanding Gold Panic Selling Reactions BetterThis video is designed to help you better understand how Gold works as a hedge instrument and how to attempt to measure Panic Selling phases in Precious Metals.
Metals offer an incredible opportunity when Panic Selling hits. But it can also present some very real risks because of price volatility.
Panic selling in the markets is usually an event-driven sell-off in almost all markets (including metals).
This type of selling is usually related to traders pulling assets (CASH) away from all market sectors because of some crisis or geopolitical event. It is a way for traders to react to the fear of the event while sometimes ignoring how metals will react to the future revaluation event.
Yet, who wants to hold Gold when it may fall 8.5% to 15% throughout this panic selling process?
If you learn how to spot the base/bottom efficiently (using my Excess Phase Peak patterns), you'll be able to pinpoint some incredible opportunities in metals.
I hope this video helps you to understand exactly how these Panic Selling events unfold - and lear to spot/trade them more efficiently.
The reality of the current market environment is that the Trump win is the event (call it a crisis or not - I don't care). This event is causing markets to revalue current asset classes (notice the strength of the US Dollar since Election Day).
I believe this revaluation event is nearly over and prices will begin to adjust into what I'm calling my "Anomaly Event" - where price levels settle back into a reversion (normal) type of contraction event before moving into a late-stage Santa Rally.
If I'm right, we'll see a base/bottom in metals happen after November 15-19, 2024.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SILVER LOOKING FOR A SUPPORT TO START 2025 HELLO TRADERS
As I can see Silver is now rejected from ATH 35$ and looking for a support to make new ATH as we had mention in our analysis for Weekley based view on Silver for incoming 2025
technically its now trading under the support zone which was 32$ we expected one more retest to that level so it kiss the Fib Golden Ratio 0.50 zone which is our selling zone till design TP
Friends its just a trade idea share Ur thoughts with us
Stay Tuned for more updates
SPY/QQQ Plan Your Trade For 11-12 : Top/Resistance PatternToday's video is filled with great content.
Near the end of the video, I review the 11 SPDR sectors related to my deep research into my Anomaly price pattern.
Right now, I see the markets as very over-extended (overbought). I believe the markets will attempt to contact over the next 15-20+ days - setting up a base/bottom before a very late-stage Santa Rally sets up.
I've been very busy over the past few day and have a family member in the hospital right now. So, I'll be away from my PC for a bit today.
Remember, protect capital at all times.
I've been getting messages from people suggesting some traders are trying to go ALL-IN on some of these bigger price moves.
My suggestion more than three weeks ago (and even right now), is you should be in 85% CASH unless you can take the LUMPS related to trading through a hotly contested election event.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SILVER Is Going Up! Long!
Here is our detailed technical review for SILVER.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 30.422.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 31.289 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!
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 BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
SILVER downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 32.262 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the SILVER pair.
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Silver Heading for a Breakdown? targeting $30📉 Silver Heading for a Breakdown? ⚠️
OANDA:XAGUSD is facing a major test at $33.10. Failing to hold this level could see Silver tumbling down towards $30! 🚨
📊 Key levels to watch:
Breakdown at $33.10
Major fall expected below $32.50 📉
RSI divergence and rising selling pressure signal that a correction might be on the way! 📉📉
Silver (XAG/USD) Analysis:
The daily chart of Silver (XAG/USD) reveals critical insights for traders:
Resistance and Breakdown Levels:
Silver has reached a critical resistance zone at $33.10. Any failure to hold above this level signals a potential breakdown.
$32.50 serves as the major breakdown point, and if prices dip below this, we could expect further downside movement towards $30.
Bearish Momentum:
The recent price action shows a lower high, which could signify weakening bullish momentum. This is further reinforced by the declining RSI, indicating bearish divergence.
Next Key Support at $30:
The next major support sits around $30. If Silver breaches the $32.50 mark, the expectation would be a move towards this psychological level.
Volume Insight:
A slight increase in volume near the recent resistance suggests strong selling pressure at higher levels. Traders should watch for any spike in volume accompanying a breakdown.
Conclusion:
If Silver breaks below the $32.50 level, a drop towards $30 becomes highly likely. Traders should monitor for potential bearish confirmation, especially with the weakening RSI and volume cues.
gold 5 waves complete now abc correction in progress🔸Hello guys, today let's review 6hour price chart for gold. The 5 wave
bullish impulse is complete now we are entering ABC correction.
🔸Wave1 was 2335/2472, Wave2 2472/2372, Wave3 2371/2653,
Wave4 2653/2605, Wave5 2605/2770, now ABC correction, currently
A in progress 2770/2525.
🔸Recommended strategy for gold traders: higher risk bounce play
once A completes and transitions into B bounce, BUY/HOLD 2525
exit at 2678. Lower risk sell side setup: B completes near 2678
short sell into bounce exit at 2383 once C completes into liquidity
order block zone. good luck traders!
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Past performance is not indicative of future results.
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Bullish on XAGUSD: X1X2 Strategy for Silver GainsAs a trader focused on XAGUSD, I'm excited about my bullish bias and the potential for significant gains in the silver market.
My strategy employs the X1X2 methodology, which is grounded in probabilities, allowing me to identify optimal entry points for long positions.
With silver currently showing strong momentum, especially as it approaches key resistance levels, I anticipate a breakout that could drive prices higher.
The Elliott Wave analysis supports this outlook, indicating that we are in a bullish phase with potential for further upside as long as we maintain support above recent lows.
By leveraging my swing trading system and the X1X2 probabilities, I am positioned to capitalize on this bullish trend effectively.
Join me as we navigate this exciting opportunity in the silver market!
3D:
4H:
P.S. If you have any questions about how I trade probabilities with the overall market direction, feel free to reach out.
SILVER - Potential long !!Hello traders!
‼️ This is my perspective on SILVER.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. We have hidden divergence and price could reject from bullish OB. As well on H4 we have regular divergence, so after BOS I will open a long.
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$NAK Trump tweeted about itThe win story is American mining jurisdiction which is world class "Alaska" Pebble Project that's one of the World's largest undeveloped resources of copper, gold, molybdenum, silver, and rhenium. Trump tweeted about the company and making America great again. This will be through the development of Natural resources and their companies.
Opportunity? A fall in the USD dominance is coming. BRICs can potentially challenge the USD. Money being linked back to a hard asset appears on deck whether it be BTC/Gold/Silver. This bodes well for all North American jurisdiction gold and silver resource companies. Strikepoint has huge potential in massive Walker Lane, Nevada property with an interesting private partner located at the center. As well as two high grade assets in the legendary Golden Triangle.
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!
Gold and Silver short-term correctionAs I pointed out in the previous post, Silver and Gold are showing a weakness in their price.
The correction in gold is not far from my expectations, it needed some rest after this crazy marathon in 2024 😁. Also, Silver is going into a deeper correction, which makes the silver stackers and long-term investors of this shiny metal excited. So, I would like to see Silver keep going down and reach below $30 while in the same time it would be nice to see gold is reaching below $2580.
Both Silver and Gold might experience this weakness until the end of November. Then, I would like to see another leg up forming until the end of February.
SPY/QQQ Plan Your Trade For 11-11: Gap Potential In Trend ModeHappy Veterans Day.
Thanks to all the current and past service members who have dedicated so much time and effort to protect all of us from the evil in the world. If you have anyone in your family that has served in the military, please take a moment to call and thank them for their service today.
As today is a Federal holiday, I expect the markets to be somewhat muted in terms of trends.
We are still seeing BTCUSD rally higher as the Trump win delivers a clear mandate related to global crypto/blockchain opportunities.
We are still dealing with a market in a post-election rally phase. I believe this rally phase will diminish over the next 5 to 7+ days and move into the early stages of my Anomaly phase.
My research suggests the US and global markets are likely to move into a consolidation phase before attempting to move into a very late phase Santa Rally.
So, at this point, with the SPY breaching 600 in pre-market trading, I would suggest traders start to PULL PROFITS and prepare for what I believe will be a moderate consolidation of price over the next 5-7+ trading days.
Gold and Silver are still FLAGGING in an inverted Excess Phase Peak pattern. This is currently a bearish price trend - attempting to break higher to move into a rally to Phase #3 (consolidation).
We could see some big price rotation today if Gold and Silver break above the FLAGGING trend.
Buckle up.
Get some.
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Silver H1 | Resistance at 61.8% Fibonacci retracementSilver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 31.72 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 32.30 which is a level that sits above a swing-high resistance.
Take profit is at 30.95 which is a swing-low support.
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GOLD, SILVER, PLATINUM & COPPER Weekly Forecast Nov. 11thThe Metals are at areas of supportive discount arrays, but will they move higher.
The latest COT Report indicates the institutional traders are betting on higher prices, even when the assets seem to be in consolidation.
Monday is a US bank holiday, and Tuesday may start slow, but I suspect the price action will be clearer come Wednesday.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
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Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.