SILVER XAGUSD Bearish Side Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist Silver Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: Day traders & Scalpers If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Silvershort
Silver at the top of a channel?Silver has been trading traditional fib longs and and extensions in this big bull runup. However, we are very overextended, trading well in excess of big support over the past two days. We are also at a potential top in terms of it trend channel. The risk of a decline in silver is significant, and unlike gold which gives you a clue on the fifteen minutes charts, silver could simply start falling and keep going. Given the lack of bull fib support, I think this is a good spot to take profit and enter a small short position. There is a good chance that we begin the down leg of silver here.
Silver ShortTechnical Analysis: Silver has failed to break above key resistance levels multiple times, indicating a lack of bullish momentum.
Market Sentiment: There's growing uncertainty surrounding global economic recovery, with concerns about inflation easing and a potential interest rate hike. This could dampen demand for silver as a safe-haven asset.
Dollar Strength: The US dollar has been strengthening, putting downward pressure on commodity prices including silver, which is priced in USD.
Supply Dynamics: Silver mine production is expected to increase, potentially leading to a surplus in supply. Meanwhile, industrial demand remains subdued due to global supply chain disruptions.
Risk-Reward Ratio: With resistance levels holding and fundamental factors weighing on silver, the risk-reward ratio favors a short position at this time.
A short signal for silver is recommended, with a focus on managing risk through appropriate position sizing and stop-loss orders.
Silver will fall 10% - AGQ will fall 20% for retracementA 70% chance that silver provides a retracement next week, as the attacks on Israel by Iran are not coming out - and the West is getting desperate (I smell a false flag if Iran doesn't bite).
Asia (ChIndia - China & India) are hodling silver and gold and will provide the impetus for the forward price of precious metals.
TTM squeezes normally see price bounce off the opposite end as a fakeout before its continuation. I see that on multiple smaller TF's and a retracement to the middle BB on higher TF's.
I see a huge boost of silver miners coming up shortly, but for now I see a consolidation happening. Options for AMEX:AGQ was .05 for $36 June, so I see this going up to $1 or 20x if all goes as planned.
Then time to reload for metals blasting off!
SILVER XAGUSD Bearish Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist Bearish side of Silver Jewelry based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Loot and escape on the target🎯.
support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
simple resistanceprice is testing last big resistance $30
fomo buying and sentiment have reached its limit with resistance at $30
if this level don't breakout with big support news then silver may have peak, like it bottom in auugst 2022 light years ahead of fed first rate cut
buy the rumor sell the news
old trend of rate cut is over
get ready for new trend of fiscal policy
SILVER BEST BUY 24$ 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
Silver Squeeze Meme AGAIN? Do not get tricked!AMEX:SLV It's that time again! #silversqueeze is trending on social media. This meme resurfaces every 2-3 years CONSISTENTLY when whomever thinks the time is right to take retail traders' money. With Gold AMEX:GLD making new highs they are trying it once again.
Watch my video from 2021 and do the research on Google News yourself! Wait for the price action confirmation that I talk about in this video! Do not get tricked!
COMEX:SI1! COMEX:GC1!
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.
Short Silver on COT Force PushThe markets are really all about finding patterns and taking advantage of such forcefully. With Silver, the commercial producers and bullion banks tend to exert the most amount of market influence upon its price. The reason is that Silver is primarily an industrial metal sensitive to economic demands and also due to the fact that unlike gold, it is primarily mined as a by-product through the mining of other metals such as copper, iron, aluminum, etc.
If one can recognize the behavior of Silver once the commercial entities are starting to sell in larger then usual amounts, we can catch the downside action just as it starts to occur. In addition, the price action through the evident "force push" when the price is forced to a quick swing high and abruptly u-turned tends to signal that a price reversal is being confirmed. Today we have witnessed such event take place and we are now getting in position for an estimated $3+ decline in the price of silver in the coming weeks.
Will SILVER Finally Break The Support Level?Hi Traders!
There is a potential breakout on SILVER as it tries again to break the long-term support level.
Here are the details:
Looking at the price action, it looks bearish; the market swings are lower with lower highs and lower lows. The market has broken and closed under the 20 EMA, and this is the third time around the 21.885 support level.
The plan is to wait and see how the market reacts at 21.885. If the market holds above this level, then it will likely target the resistance trendline. However, if there is a break and close below 21.885, there is a good chance of targeting the long term support level at 20.696.
Preferred Direction: Sell
Technical Indicators: 20 EMA
Resistance 1: 22.639
Support 1: 21.885
Support 2: 20.696
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Trade safely and responsibly.
BluetonaFX
"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.
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 4H : Support further decline SILVER
New forecast
The price of silver continued to decline, breaking the 23.00 level and closing the daily candle below it, confirming the resumption of the downward path in the immediate term, opening the way to head towards 22.60 and 22.23 as the next main target.
Therefore the downward scenario will be remain valid and effective during coming period ,The moving average 50 constitutes negative pressure that supports the continuation of the proposed bearish wave, which will remain in place provided it remains below the 23.00 level.
The expected trading range for today it will be between support 22.23 and resistance 23.50 .
Additionally ,Today News will affect on the market .
resistance line : 23.00 , 23.50
support line : 22.60 , 22.23
Attention : We don't have any group in telegram be careful about scammer.
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📉🌑 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's Downward Spiral: Aiming for $22, Then $18 🎯💫Following my recent sell analysis on Gold. Silver is also a short from here.
Silver 6 weekly chart: Shows resistance and the bearish trend is strong.
Target 1: $22
Target 2: $18
The bear trend is the same with gold.
The current trend is pointing downwards. You need to devise a plan to execute your trade accordingly.