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
Silverprediction
SILVER XAGUSD TO 40$ IN YEAR 2025 !!!HELLO TRADERS
As I can see silver is trading in uptrend channel and after a new ATH its retracing to the broken resistance zone which can be a support for silver NFP ahead and geopolitical bad conditions with a weak $ us elections impact on economy and bricks trading in 2025 will can make some new historically high in precious metals have a look on GOLD and other commodities all are make huge moves so it will be a great opportunity for Silver traders that they can join the next bull run from these given zone till design TP friends its just an trade idea with technical and fundamental view share Ur thoughts on it we appreciate Ur support and love Stay Tuned for more updates
Silver (XAG/USD) Red Alert Technical Update📉 Silver (XAG/USD) Technical Update
Resistance at 34.40 met! 🛑
Expecting a drop towards 33.00 first, followed by 30.00 as the next target if bearish momentum continues. 📉💡 Keep an eye on these key levels!
#Silver #XAGUSD #Forex #Commodities #TradingView #PriceAction #TechnicalAnalysis
---
Silver Lining: Breakout Signals Imminent Price SurgeThe price previously formed a Falling Wedge Pattern, and after breaking out, it entered a phase of consolidation.
This led to the emergence of a Symmetrical Triangle pattern on the chart, and with a recent breakout, silver is now trending upward.
Key level to watch
First target - $32.2
Second target - $33.0
It is recommended to set a strict stop-loss just below the $30.9 level to mitigate significant losses.
GOLD is going to start getting much cheaper in SILVER terms.Gold has been on an absolute tear lately as the de facto U.S. corporate government has been printing and spending FRNs (Federal Reserve Notes) into oblivion. As a result, real money is gaining value against the Federal Reserve's monopoly money. Naturally, those who saw the money devaluation coming have been buying gold to preserve their purchasing power, but silver has been lagging behind, even though it has also been appreciating. Although the price of precious metals is, and will continue to be, on the rise, the price of gold is about to get much cheaper in terms of silver. Instead of buying gold, I believe the best move right now is to buy silver, hold it, and once the exchange rate drops to the 35/45 to 1 area, then exchange your silver for gold.
I believe that in the next year to a year and a half, we will see the price of gold cut in half in silver terms, which means it will take half the silver to buy the same amount of gold, effectively doubling the purchasing power of silver versus gold.
Good luck!
What's next for Silver and Gold?OANDA:XAGUSD
OANDA:XAUUSD
TVC:DXY
Finally 😎 Silver broke through $30.
So what's next?
Long-term: I would say there is nothing on its way to go for $50. BUT, what would support Silver to go for $50? where's the demand for silver? How would supply change in the coming years? ....
I would say, let's not get ahead of ourselves and focus on what's going on now, then I try to prepare a separate post for the reasons I have for staying bullish on silver in the coming years.
Short-term: As you might have noticed, on 15 May, after the US Fed announced the CPI data, silver started its rally to $30. The recent CPI y/y data came out at the expected level of 3.4% and the CPI m/m was at 0.3% which was lower than the market expectations. So, Fed Chair Jerome Powell continued his recent interviews with a dovish tone which signals that we are very close to a rate cut **. For now, the first rate cut is expected to happen in September.
Long story short, gold and silver are pricing in the rate cuts now as this sentiment pulling DXY down. So, in the short-term , I would like to see Silver between $33.6 - $36.4 and Gold entering the $2580 - $2650 area. In the meantime, DXY can reach to 103. I have highlighted these areas on the chart 😊.
** Watch out for unemployment numbers as the Fed shifts its focus on that. If you are a day trader, you can expect higher volatility around unemployment news than before and you expect this number to have a higher impact on the longer-term trends of DXY.
** Also, keep that in mind, if they want to normalize the 3% inflation rather than 2%, it means we can expect higher levels of interest rates for a longer period of time.
SILVER MORE BULLISH TILL 35$ 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.
Share Ur thoughts it helps many traders.
Gold and Silver We had a nice week for gold and silver.
Both rallied higher as DXY fell and reached below 103. The level that we have been waiting for in the past weeks. Now that DXY had a nice weakly bearish candle closing below 103, what should we expect for gold and silver?
Would this rally continue this week as well? I don't know. I'm just enjoying the ride. However, there will be always a correction. so let's talk about that.
As you can see silver exactly followed our green scenario in the past three weeks. Gold also moved in the direction we expected and surprised me with its vertical move. 😁
I think this week we can also see green weekly candles in gold and silver and a big red candle in DXY. However, in case of a correction at THESE PRICES, these are my expected levels for gold, silver, and DXY.
GOLD: A strong support for gold would be $2040 - $2080 area.
SILVER: A strong support for silver would be $23 - $23.5
DXY: A strong resistance for DXY would be 103.5
SILVER SELL TILL 23$HELLO TRADERS
As we can see silver hit out TP-2 on buying idea which we had updated in our channel this level we expected a retrace till 23$ and then up to the buying levels as we had perdition in our buying idea Friends its just a trade idea share Ur thoughts with us
Stay Tuned for more updates
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
XAGUSD I Overextended "W" formation Welcome back! Let me know your thoughts in the comments!
** XAGUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
silver It will rise again soon
After the adjustment, it will rise again
Silver exceeds 24.62 in front. It is trapped in the adjustment stage. This is just to go further. You can further develop in the short term, so many head views will not change. It is recommended to buy 24.62, risk control 24.46 and target 25.10 ~ 25.30 to 25.50.
The chart is 4H picture
The bullishness is based on the following reasons:
1. Yesterday, silver showed signs of blocking. In the short term, this is just a correction.
2. According to the update of the wave trading system, the rise of 3 waves 1 has not yet ended, and it has entered the rise of Sub -Wave 5.
3. The pressure within a day is 25.30-25.50, 24.63-24.46 support
Question little assistant
What should I do if I feel stressed when doing transactions?
In my trading career, I have encountered a lot of frustration and pressure. However, I realized that the mentality determines everything. So when I encounter losses, I will spend time to analyze the problem of trading strategies. At the same time, I will also find some ways to regulate emotions, such as chatting with friends, reading, exercise, etc., and do something to relax myself.
When my mentality is relatively low, I will also suggest myself, tell myself to relax, don't be too anxious, to correct the irritable side of my personality. With a subtle way, my mentality was slowly improved under my long -term deliberate adjustment. Even if it is a period of decay, it will not be as uncomfortable as dying. It is just a small stimulus like a current. It feels a bit uncomfortable, but you can still adhere to your own trading strategy.
TVC:SILVER MCX:SILVER1! COMEX:SI1!
The Road to $80 for SilverThe silver market began the initial subwave of a new, major impulsive wave, marked as the third in a sequence. This cyclical pattern can be traced back to the year 1932, with the completion of wave one in 1968, the corrective wave two in 1971, the impulsive wave three in January 1980, the corrective wave four in 1991, and ultimately, a truncated fifth wave that reached its peak in April 2011. This entire sequence can be considered as the first impulsive wave in an even higher degree. The second corrective wave ended in March 2020, with support being found at the 0.236 Fibonacci level. Currently, silver is preparing for what is expected to be the most explosive and unpredictable impulsive wave three in a very long-term scale.
Resistance points include:
— $24.69 (0.382 Fibonacci extension)
— $26.55 (0.238 Fibonacci extension)
— $31.99 (0.382 Fibonacci extension, last wave)
— $43.73 (0.5 Fibonacci extension, last wave)
— $45.29 (0.382 Fibonacci extension level)
— $49.83 (all-time high)
— $59.77 (0.618 Fibonacci extension, last wave)
— $83.11 (0.618 Fibonacci; golden ratio)