Silvercharts
SILVER MORE BULLISH TILL 35$ IN 2024HELLO FRIENDS
As I can see silver hit all time high 30$ in this bull run and now retrace we are expecting a new ATH in Silver with the fundamental and technical views all dose Time matter Friends chart is crystal clear for entries on this pair for more info Stay tuned.
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Silver will launch when USDJPY plummets from Dovish FEDSCENARIO 1: EVERYTHING hinges on the carry trade. If USDJPY goes down, so will yields - making inflation higher and commodities will boom. Of course this is a mistake and Japan (and the whole world) will feel the effects off inflation here since TVC:DXY will plummet also to 97. Then when everyone blows up in the summer sparking a u-turn and the FED realizes inflation reignited, the FED will be forced to hike rates, as the BOJ goes back to negative interest rates. This will spark the largest explosion of currencies as the TVC:DXY goes to 140-160+ - blowing up last in the process.
This will give central bankers the opportunity to bring out CBDC's as they go negative interest rates hinged on social credit scores. That's unless Donald Trump can overcome all the cheating and banana republic shenanigans (arrest or assassination). If he is able to become president then he will move the USA back to a gold standard when everyone else (BRICS) is being forced to swear fealty to a digital yuan (remnimbi) that's backed by social credit scores.
SCENARIO 2: IF the FED goes hawkish, that will spark the blowup in currencies and markets, forcing silver down before catapulting when the FED erases interest rates, but I believe we are in for scenario 1.
SILVER BEST BUY 24$ LEVEL SHORT SILVE NOW ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
Inflation, and the coming SILVER PRICE EXPLOSION! As central banks around the world are losing their grip on baskets full of fiat currencies, real, tangible commodities like Gold, Silver, Platinum and Palladium are going to make an incredible run. There are three metals related to monetary systems throughout history: gold, silver and copper. So far we've seen gold pull ahead in the running, but soon silver will running it down with veracity!
Good luck, and always use a stop-loss!
Silver Fails At Top of Range . . . Now what?Silver: Daily Fibs and Indicators: Silver has a bull fib objective that takes it to 28.86, a massive move. It held it's 61.8% line in October 23 and was on it's way until December 23 when it stopped at the high of it's daily range. We traded down early in the year, only to test that high again htis past week. And, we are selling off of it again. We can't trust gold to go higher if Silver doesn't make a new high here. Silver lost it's embedded reading of the past 4 days. Big test for silver is 24.21, the BB midpoint, and the bull fibs from lows. that 23.55 level was resistance and the fact that it's the 61.8% line and support could be very key to support here. IMO, that would be a good place be a buyer for silver.
Silver 2 Year Wedge Breakout Looming?Silver is at a critical point in it's chart. With gold breaking to new highs, Silver has underperformed but has rallied alongside the yellow metal. Now we are at a critical stage that can see silver breakout of its flag and continue it's bull trend. The indicator that I love to look for longer-duration breakouts is the slow stochastics, specifically, when it becomes embedded or stuck on one side or the other side at the extremes. The last embedded nature for Silver on the daily chart occurred a year ago, late March 2023, that saw price on silver rise from 19.90 to 26.50. For three weeks, slow stochastic was embedded. We are at that point again with this rally. We are also at resistance from the wedge pattern. While I do think we can trade down in the early part of this week, I'm looking for support and a rally to kick us back into the overbought range and embed or "lock-in" price action. Gold has already embedded. I'm looking for silver to do the same and get us through the topside for a breakout.
Silver Surges as Market Anticipates Rate Cuts In a flurry of market activity, silver ( TVC:SILVER ) has emerged as a frontrunner alongside gold, propelled by expectations of impending rate cuts and a shifting investment landscape. With both precious metals experiencing a surge in demand, investors are flocking to commodities like XAU and NASDAQ:XAG , diverting cash from bonds in favor of tangible assets.
Gold's ascent above $2,100 and silver's trajectory towards $24 reflect the growing optimism surrounding precious metals. Technical analysis paints a bullish picture, with silver completing a 50% retracement of recent corrections and finding support from the 200 moving average on the tradingview chart depicted. The formation of a bullish hammer candlestick pattern further bolsters sentiment, signaling a potential reversal in fortunes. Further ascertaining to Silver's Bullish surge, is the formation of a Symmetrical triangle pattern on the chart.
As silver charts its upward trajectory, market observers closely monitor technical indicators for further confirmation of the bullish trend. The monthly chart hints at a bullish reversal in March following February's retreat, pointing towards sustained momentum for silver ( TVC:SILVER ) in the near term.
Beyond technical signals, analysts foresee a promising outlook for silver ( TVC:SILVER ) demand in 2024, driven by a projected 1-1.5% increase in global consumption. Industrial demand is expected to lead the charge, fueled by growth in sectors such as photovoltaic (PV) and automotive industries. This surge in industrial usage, coupled with a turnaround in jewelry and silverware demand, underscores silver's ( TVC:SILVER ) resilience and versatility as a coveted commodity.
With silver ( TVC:SILVER ) poised to capitalize on robust industrial demand and renewed investor interest, traders and investors are eager to capitalize on the metal's upward trajectory. As silver shines brighter on the investment landscape, its role as a strategic asset class is reaffirmed, offering investors a hedge against economic uncertainty and a gateway to potential profits in an evolving market environment.
As the bullion boom gains momentum, silver stands at the forefront, ready to seize opportunities and pave the way for lucrative returns for savvy investors. Amidst shifting market dynamics and economic uncertainties, silver ( TVC:SILVER ) remains a steadfast symbol of resilience and wealth preservation, beckoning investors to embark on a silver-lined journey towards financial prosperity.
SILVER DAILY XAGSHORTS
$23.9 - $24.1
Confluences: 50 Fib, Key Level, $24 Round Number
$24.4 - $24.5
Confluences: 61.8 Fib, KL, Added Confluence if 50 Fib fails/small reaction (under $0.50)
LONGS
$21.45 - $21.3
Confluences: 88 Fib + KL
$20.8 *ONLY IF $21.45-$21.30 FAIL*
Confluences: Recent Lows
Most of the time I will use these Zones for added confluence on gold as opposed tot aking the trade, however, if there is a strong move into the zone, with market flows in play (stocks/fear/usd) I will take the trade.
SILVER 4H : Retest and then will rise up SILVER
New forecast
The price of silver ended last Friday's trading with strong negativity, settling below the 23.00 level and confirming the shift to decline, on its way to testing the 22.21 level initially, and we are likely to break this level to achieve additional negative targets up to 22.00 level and then will rise up again .
Therefore, a bearish bias will be likely for today, supported by the negative pressure formed by the moving average 50, taking into account that breaching 23.00 will stop the expected decline and push the price to recover again.
The expected trading range for today it will be between support 22.00 and resistance 23.00 .
Additionally ,Today News will affect on the market .
resistance line : 22.60 , 23.00
support line : 22.21 , 22.00
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
"Silver's 44-Year Cup and Handle Formation"Silver: 44-Year Cup and Handle Formation Points to Bullish Continuation
Silver, a timeless asset with a rich history, is capturing the attention of investors as it forms a 44-year cup and handle pattern, signaling potential bullish continuation. The current compression of the handle, coupled with a bullish pennant setup, suggests that a breakout could herald the onset of the next major bull cycle. Let's explore the dynamics of silver and the promising prospects it holds for investors.
Understanding Silver's Cup and Handle Formation
Silver's cup and handle formation is a classic technical pattern characterized by a rounded bottom (the cup) followed by a consolidation period (the handle). This pattern typically signifies a period of accumulation and sets the stage for a potential breakout to higher levels. With the cup spanning 44 years, the formation holds significant historical significance and suggests a prolonged period of bullish sentiment.
Compression of the Handle and Bullish Pennant Setup
Currently, silver's handle is undergoing compression, indicating a tightening range of price movement. This consolidation phase is often accompanied by diminishing trading volumes, reflecting indecision among market participants. Additionally, the formation of a bullish pennant within the handle further reinforces the bullish bias, as it typically precedes a continuation of the prevailing uptrend.
Breakout Signal for the Next Major Bull Cycle
A breakout from the handle's compression zone is anticipated to signal the beginning of the next major bull cycle for silver. This breakout would validate the cup and handle pattern, confirming the bullish continuation thesis and potentially unleashing a significant upward move in silver prices. Traders and investors alike are closely monitoring key resistance levels for signs of a decisive breakout, which could mark a pivotal moment for silver markets.
Conclusion: Positioning for Bullish Momentum in Silver
In conclusion, silver's 44-year cup and handle formation, coupled with the compression of the handle and bullish pennant setup, suggest that the precious metal is poised for bullish continuation. As traders await a breakout signal for the next major bull cycle, strategic positioning and prudent risk management are essential for capitalizing on the potential upside in silver markets. With the historical significance of the pattern and the technical indicators aligning, silver enthusiasts are eagerly anticipating the next chapter in its enduring journey as a sought-after asset.
SILVER 4H : Support further rise upSILVER
New forecast
The price perfectly fulfills my last idea and price reached to our targets.
The price of silver ended yesterday's trading with a noticeable positive note, confirming the breach of the 23.00 level, reinforcing expectations of the continuation of the upward trend during the coming sessions, and the way is open to achieving the next target at 23.50 and 23.73 levels .
Therefore the upward scenario will be remain valid and effective during coming period , moving average 50 continues to support the proposed bullish wave, and the price may witness some sideways fluctuation, keeping in mind that breaking the 23.00 and then 22.60 levels will stop the expected rise and put pressure on the price to turn lower.
The expected trading range for today it will be between support 22.60 and resistance 23.73 .
Additionally ,Today News will affect on the market .
resistance line : 23.50 , 23.73
support line : 22.60 , 22.21
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Upside for Silver is Coming! Long Setup!I am taking an early long position on Silver as we are getting a trendline and 4 hourly resistance breakout.
Long from 22.79 or as close as possible.
Target 1 - 23.30 - Set stop loss to break even once T1 has been hit.
Target 2 - 24.05
Target 3 - 24.50
Extreme Target - 25.49
Stop loss - 21.80
Inverse Head & Shoulders for Silver in-playThe 4 hourly Silver chart is showing initial signs of a potential inverse head and shoulders pattern. With confirmation of this pattern, I will be looking for a long position at 22.50. My target will be a long position towards the 23.50 resistance and supply zone.
SILVER (XAGUSD) BUYING ON DIPS !!!! TILL 30$ HELLO TRADERS,,,
As i can see this chart is performing a harmonic pattern H & S and a clear view that this pair still in range for a very big incoming move Israeli and GAZA Tensions are escalating more & more Day by Day investors and traders are looking for safe-haven Gold already break 2000 level and looking for making a new all time higher high silver has also performed well on monthly based it had gain 3% .. commodity prices are sky rocketing now we have a great opportunity to enter this trade with a very low risk and a higher reward its just an trade idea not a financial advice whats Ur thoughts on Silver kindly share with us Ur idea in comment box we appropriate Ur love and support it help alot whole traders community here ....
Stay tuned for more updates
📉🌑 Silver's Moon Trip Cancelled: Eyes $22 in Downtrend 🎯🔻💥It is possible that the Silver RSI trend line may be retested, indicating a decrease in momentum from buyers. Consequently, there might be a continuous downtrend leading to a price point of $22. It is advisable to prepare for this ongoing downtrend.
Sellers can still take advantage of the fresh bear trend on the hourly chart, providing opportunities for short sellers to make a profit.
📈💪 Silver Secures Support: Gearing Up for $24.5 Sprint! 🏃♂️It seems that silver has found triple bottom support on the RSI, while DXY is showing signs of a strong bear. This suggests that commodity prices may rise, which in turn could send silver to test $24.5 once again. However, if silver fails to clear this area, it could potentially lead to a permanent collapse of silver prices.
But for now, this chart is bullish. Enjoy the trend!
SILVER BUY ITS @ SUPPORT ZONEHELLO TRADES !!!
As i can see silver is now @ support zone and we are buying with a low risk and looking for a higher rewards ... Friends trade is on based of Fundamentally + Technical analysis kindly have look on our other analysis so you can understand why we are buying charts is crystal clear for uptrend its just an trade idea share ur views with us for silver we appreciate ur love and support