Get started

Silverusd

20 REASON FOR BUY SILVER 1 Structure analysis time frame DAILY 2 target time frame :DAILY 3 Current Move :IMPULSE 4 Entry Time Frame : H4 4.1 Entry TF Structure: BULLISH 4.2 entry move : CORRECTIVE 5 Suppot resistence base :H4 FAIR VALUE GAP 6 FIB: DISCIUNTED AREA FILLED 7 candle Pattern: PANIC BOTTOM 8 Chart Pattern: LOWER HIGH 9 Volume : AVERAGE 10 Momentum UNCONVENTIONAL Rsi: SIDEWAYS 11 Volatility measure bollinger bands: LOWER BAND FAKE BREAKOUT BULLISH 12 strength ADX: SIDWWAYS 13 Sentiment ROC: BULLISH 14 final comment : LONG 15 : decision : BUY 16 Entry: 19.178 17 Stop losel: 18.968 18 Take profit: 20.950 19 Risk to reward Ratio: 1:10 Excepted Duration : 5 DAYS
TVC:SILVERLong
by Optimum369
1
Silver analysis: How far the bear market rally might go?Silver is in the midst of a bear market rally, up 8% in the last two weeks and 13% since the end-of-August lows. Although silver prices are still 23% below the peak reached in March, recent price movements suggest that silver is attempting to make a trend reversal at these levels. Slowing market pricing for Fed interest rates next year has prompted the rally in silver prices over the past weeks. Investors reduced their forecasts for interest rates in the second half of 2023, and in the last week they priced in a first drop of 25 basis points after Fed funds are expected to reach a high of 4.9% in the first quarter of 2023. An asset like silver that is extremely vulnerable to US interest rates has been granted some breathing room by both the decrease in Treasury yields – the US 10y yield has dropped by 30 basis points in the past week – and the weakening of the US dollar – with the DXY index falling below 110. Silver has been strongly and inversely correlated with the US dollar performance throughout the year. The Federal Reserve meeting next week poses a concern because it could reignite hawkish arguments about the need to curb inflationary increases, which might halt the silver's rally. However, understanding how likely the Fed views a recession in 2023 will be critical, given the market builds many of its expectations for the conclusion of the hiking cycle next year on this matter. A new attempt to break the 23.6% Fibonacci retracement level (2022 max-min range) can be seen on the daily silver technical chart. Sellers fought back hard at this level in September, pushing prices below the $19.7–20 zone. This level was breached in early October, causing prices to rise to $21.1-21.2 (38.2% Fibonacci). Momentum indicators indicate that bullishness is gaining traction. The 14-day RSI surpassed 50 days once more, and the MACD indicates a bullish crossover close to the zero line. If silver is successful in breaking over $19.8, a new overshoot toward $21.1 or $21.6 (200-day moving average) is possible. At that point, sellers might resume offering fierce pushback. Next Wednesday, a very hawkish Federal Reserve could return to exert downward pressure, leading to a retest of the 18.2 support level. Idea written by Piero Cingari, forex and commodity analyst at Capital.com
CAPITALCOM:SILVER
by Capitalcom
Long Term VWAP trend has turned bullish for Silver after 11 yrsAtfter 11 years of bearish VWAP trends in silver... it has turned bullish and is testing. Silver is interesting as we sit in this "inflationary" environment. I say "inflationary" with quotes as we have a CRB index rising WITH the DXY. This hasn't occurred since the early 1970's and points more towards a supply issue vs. a monetary problem. Hence we see things like food and oil scream higher while metals have been lagging. This bullish turn on the VWAP in silver could be pointing a change in the metals' action in the medium term though. A confirmation would require a break and hold above the highest VWAP, which failed and failed hard in April. I was much more confident in a break out where we failed and was wrong... yet this setup still has strength behind it. If price gets back above the upper VWAP I will be keeping a close eye on metals into the fall.
COMEX:SI1!
by HumbleFutures
2
Silver breaks both the 50-day MA and the bearish trend lineWhat a day for silver ! Spot silver went up more than 5% to $19.7 per troy ounce in one of the best sessions this year, hitting the highest levels since August 18. Silver's daily price action broke through both the 50-day moving average and the 2022 bearish trend line connecting the lower highs of April and August. Momentum indicators show the daily RSI spiking above 50 and the MACD providing a bullish crossover last Friday. The latter has been a reliable bullish technical signal. The May 19 MACD bullish crossover led to a 5.7% rally until June. The July 21 MACD bullish crossover sparked a 12.1% rally to mid-August. The following key resistance levels to keep an eye on are: 20.00 (psychological), 20.8 (August highs), and 21.15 (38.2% Fibonacci of 2022 low to high). The 50-dma at 19.23 now represents the immediate support level on the downside. Idea written by Piero Cingari, forex and commodity analyst at Capital.com
TVC:SILVER
by Capitalcom
SILVER (XAGUSD) Important Breakout & Bearish Continuation 🪙 Hey traders, Silver remains under a strong bearish pressure: the price broke and closed below a key daily structure support cluster this week. The next support that is spotted is 17.0. I believe it is the next goal for sellers. I will be waiting for an occasional retest of a broken structure to short from there. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
OANDA:XAGUSDShort
by VasilyTrader
4
SILVER RESISTANCE RESISTANCE RESISTANCE... NOW SUPPORT?Looking back at silver over the last decade reveals a very significant trend. Note the resistance peaks and where silver crawled around in the dirt for years and years. In 2020-21 silver broke out of that trend only to come all the way back down the touch the trend.. right now. Is the old ceiling the new floor? It very well could be. It is my opinion that silver will more than 10x over the next 6-10 years. However, we are in strange times and things are accelerating. It is possible that this 6-10 year forecast is too small-minded and things happen much sooner. I am very interested in silver, gold, and the miners moving forward and I believe this could be a bottom.
TVC:SILVERLong
by gghsusa
4
Medium term bias remains bearish on SilverSilver - Intraday - We look to Sell at 19.5400 (stop at 19.7539) The medium term bias remains bearish. We have a 38.2% Fibonacci pullback level of 19.5428 from 18.7205 to 20.8732. There is scope for mild buying at the open but gains should be limited. Preferred trade is to sell into rallies. Our profit targets will be 18.7206 and 18.5000 Resistance: 19.4035 / 19.5428 / 19.9370 Support: 19.1078 / 18.9555 / 18.7981 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
OANDA:XAGUSDShort
by OANDA
Big Moment For SilverHi, this is my new update for Silver. Silver has lost 32% of its value since March 2022 and I expect we have reached the bottom. If we look at the purple rectangles we see that the area between $18 - 19.50 always acted like support and resistance level in different periods. In July 2020 we broke the multi year resistance level (2014-2020) and we never backtested. I think now we have finally backtested it like a support level and at the same time we have reached a 61.8% FIB retracement level. We also have an oversold RSI level and I expect we are going to make a double bottom in the RSI like I drew and that will give us a bullish momentum. In the short term I expect we are going from $18 - 20.50 to backtest the 200 weeks moving average and I will update you guys in the near future.
TVC:SILVERLong
by GOAT1375
2
Silver under pressure and further downside is expectedSilver - Intraday - We look to Sell at 18.85 (stop at 19.09) The medium term bias remains bearish. Previous support level of 18.74 broken. A weaker opening is expected to challenge bullish resolve. Bespoke resistance is located at 18.85. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 18.85, resulting in improved risk/reward. Our profit targets will be 18.14 and 17.90 Resistance: 18.74 / 18.85 / 19.41 Support: 18.14 / 18.00 / 17.90 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
OANDA:XAGUSDShort
by OANDA
1
Current silver XAG resemble BTC 2018 pattern As the points numbered it has some resemblance between BTC and Silver (current price: $25.70) where points 1-5 has already touched an important trendline. To see what will happen to the future price action, we will have to see what is the price reaction at the trendline. If it hovers around the top of the trendline a quite some time, go LONG when the price tighten and the spread is small seems to be a better probability. If price get some kind of dramatic reaction especially to the down side of the trendline, expect a CAPITULATION event happening soon. Long term holders will have to place their stop loss lower than $7 mark. Short term holders can place orders around the $12-$9 mark and expect a bull run for 2-5 years afterwards. Of course the timeframe for BTC is daily and silver is weekly however because BTC moves fast and large enough I consider them to offsetting each other. However if its outside this plan you should know where to place the stop losses with reasonable R:R ratio. May the best plan wins!!
by stantm23