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Silverusd

China Solar Demand Surges and Silver Mining Supply ConstrainedChina, the global powerhouse, has recently witnessed an astounding surge in solar demand, skyrocketing by a remarkable 14%! This tremendous growth is a testament to the country's commitment to clean energy and sustainability. As investors, we can capitalize on this upward trajectory and positively impact our portfolios and the environment. In addition to the soaring solar demand, the mining supply of silver, a precious metal with diverse industrial applications, is facing constraints. This development presents an intriguing scenario for those seeking to diversify their investment portfolios with a long-term perspective. Silver's versatility and pivotal role in various industries, including solar energy, electronics, and healthcare, make it an attractive asset. Now, how can we seize this opportunity? Well, the answer lies in strategically adding silver to our investment portfolios. By doing so, we can benefit from the increased demand driven by China's solar growth while also taking advantage of the supply constraints in the silver mining industry. As investors, staying ahead of the curve and proactively identifying emerging trends and opportunities is crucial. Therefore, consider including silver in your long-term investment strategy. Its growth potential and the positive environmental impact of supporting clean energy initiatives make it an exciting prospect for any forward-thinking investor. Remember, investing is not only about financial gains but also about contributing to a sustainable future. By adding silver to our portfolios, we can align our investments with our values while potentially reaping substantial rewards.
OANDA:XAGUSDLong
by bryandowningqln
Exciting Opportunity: Will Silver Bounce Off the MA50 Again?Our favorite shiny metal, silver, is gearing up for another potential bounce off the MA50, and I couldn't be more thrilled about the possibilities it presents. As avid silver traders, we have witnessed the power of technical analysis and the significance of key moving averages. The MA50 has proven to be a reliable indicator, acting as a strong support level for silver's price movements. And guess what? It's happening again! Over the past few weeks, silver has been exhibiting a fascinating pattern, aligning itself with the MA50. This convergence has historically led to significant upward movements in silver's price, making it an ideal time to keep a close eye on this precious metal. You might be wondering why you should be excited about this. Well, my fellow traders, the potential for substantial gains is again within our grasp! By putting silver on your watchlist and staying tuned to its price action, you can seize the opportunity to capitalize on a potential bounce off the MA50. Here's your call to action: Add silver to your watchlist today. Stay vigilant, keep a close eye on the MA50, and be prepared to take action when the time is right. This exciting opportunity could lead to remarkable profits, and you will want to take advantage of it! As always, please remember that trading involves risks, and conducting thorough research and analysis is essential before making any investment decisions. Stay informed, stay disciplined, and always trade responsibly.
OANDA:XAGUSDLong
by bryandowningqln
Silver Ready for Giant BreakoutSilver made a symmetrical triangle formation from 1988 to 2004 and broke this formation in 2004. Its peak and order block in 1983 worked as resistance in 2006 and as support in 2008 and 2020. I think the peak Silver did in 2011 was an order block too. The reason for this is that this order block was rejected in 2012. The symmetrical triangle formation it has made since 2009 is also in the critical region now. I can say that I am waiting for the scenario of breaking up of the symmetrical triangle. I think that the scenario that will emerge after this break will be similar to the 2004 - 2012 scenario.
OANDA:XAGUSDLong
by YavuzAkbay
5
Silver is shorted today The silver price is currently near US223.75/ounce, and it has fallen by about 1.4% during the day. If it falls below US223.75/ounce, this will open the way for a further decline in silver prices, and silver prices will continue to be expected for some time to come. The bearish trend scenario. Currently waiting for the silver price to fall below US223.70/ounce to confirm that the silver price will fall further to the next short target of US223.00/ounce. Stochastic indicators are currently showing bearish signals, and silver prices will show more bearish possibilities in the coming trading days. It should be noted that if the silver price breaks through US224.15/ounce, this will push the important resistance level of the silver price to US224.60/ounce, and then try to fall again. Today's silver price will be between the support level of USD23.50/ounce and the resistance level of USD24.30/ounce. Silver strategy: SILVER: sell @23 tp:24.3 Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
TVC:SILVERShort
by UnknownUnicorn55305588
1
SILVER - XAG - Why I m BEARISH - FULL SETUPSilver is one step away from reaching resistance on the MONTHLY, it has increased a lot, a lot, but it will soon reach the area where many will close their profits. There are many institutions that take profit in this area, so this area will become more and more difficult to hold and thus it will weaken a lot, in addition, RSI is super overbought and this shows that interest will soon decrease if the price does not have a serious correction. I saw the first step on Friday when it rejected the support on the Weekly chart and fell quite nicely, but I have a SELL order above which is safer and could produce a nice profit.
CAPITALCOM:SILVERShort
by sfc95
SILVER - Good Opportunity Hi, this is my new update for Silver. Finally today we have broken one of the biggest trendline in the history of Silver. In the past 2 years we have been stuck under this trendline and after testing it for the 6th time we finally see a good breakout, but not everything is certain right now. Two months ago I told you guys that we are in a "bullish expanding triangle" and I expect we are going to see a breakout and now it is time to see if this breakout holds. First we have to test the resistance between 25.80 - 26.50$ and at the same time we are testing the 70.2% Fibonacci retracement level. I expect after we have tested those levels we are going to backtest the trendline and the support level around 24.30$ and if these levels holds that indicates the we have a valid bullish expanding triangle and we are going much higher. At the same time we are in an overbought area in RSI chart and if everything I explained above happens I think we are going to see the RSI test the bullish area of 40 levels and it is going to bounce from that area. Also good to see that we are getting back bullish momentum on weekly and monthly timeframes.
TVC:SILVER
by GOAT1375
SilverusdQuantitavive easing essentially back in full effect Banks over exposed to us bonds are becoming insolvent and requiring bailouts from the fed This is essentially a contagion or a chain reaction that will require many banks be bought or bailed out, which will kick hyper- inflation back into full gear Precious metals will benefit from currency devaluation and silvers been lagging for a long time Expecting these two targets to hit by mid 2025 If the fed keeps qt up they will be sending many banks to zero causing a massive bank run in America particularly Technically speaking we are holding the fib level and bullish trend line with the last silver squeeze to guide price action in the mid term
TVC:SILVERLong
by oliver1234ol