XAUUSD - 1H Bearish signsOANDA:XAUUSD is showing clear signs of weakness after struggling under resistance at $2,525. The recent break of trendline support, followed by a pullback, sets the stage for a significant drop. A logical stop loss above the resistance and a target near the bottom of the trading range could offer a solid risk-reward opportunity. Expect a move below $2,500 soon.
XAG USD ( Silver / US Dollar)
The bears are trying to take the lead.We are watching the price closely to see if it stays stable.
If it falls below 22 Aug bears candles (see on the chart) and stays there, it could be a problem. For now, I'm being cautious even though things seem positive overall and even too positive especially in option market.
Bearish reversal?Silver (XAG/USD) is reacting on the pivot which has been identified as a pullback resistance and could fall to the 1st support which acts as an overlap support.
Pivot: 30.11
1st Support: 29.01
1st Resistance: 30.11
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XAGUSD - Silver reached above 30 dollars!Silver is above the EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel
If the upward movement continues and silver is placed within the specified supply zones, we can look for silver sales situations
The correction of silver towards the drawn demand zone, which is also at the intersection with the bottom of the ascending channel, will provide us with a good buying position in terms of reward to risk
The target for buying and selling silver will be the midline of the ascending channel
XAGUSD - SWING SHORT idea Price made a false breakout of the previous week high with a strong bearish reaction. Also, the start of the new week will probably be manipulation with distribution lower.
A great sign of weakness is when the new week candle open, makes a false run on one side with a a sweep of liquidity (many traders are trapped), and then distributes on the true side.
Silver XAGUSD Bearish Robbery Plan to steal EverythingMy Dear Robbers / Traders,
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Stop Loss : Recent Swing High using 4h timeframe
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SILVER XAG/USD Money Heist Plan on BullishMy Dear Robbers / Traders,
This is our master plan to Heist SILVER "XAGUSD" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
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Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of 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.
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XAGUSD "SILVER" Bearish Robbery Plan To Steal MoneyHola ola My Dear,
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Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
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Silver (XAGUSD): Position Update and Next StepsWe entered at the wrong Fibonacci retracement level but still respected the 50% level very well, which is encouraging. Additionally, we’ve broken the bearish structure again and are now looking for more upside on silver after another slight dip.
This is our second entry on Silver, so we're taking some profits off the table here and might consider another entry on the upcoming dip. We considered moving the stop loss higher but have decided to keep it where it is for now, closing it manually if necessary.
As mentioned in the chat, taking profits is never wrong—you can't go broke by taking profits.
Let’s zoom in a bit here to find a nice small position play on the lower time frame for Silver. We have two Swings running in profit, and I personally want to increase my exposure to silver at this time. We’re going to bid on this wave (iv) at the 50% Fibonacci level with a tighter stop loss. We’ll update you once we’re filled or if we decide to cancel this bid. ✅
XAGUSD / TRADING UNDER DOWNWARD PRESSURE - 4HXAGUSD / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under downward pressure , until trading below turning level at 29.65 .
Downward Condition : With the price holding steady at the current turning level at 29.65 , it is likely to decline towards the support level of 28.85. If it stabilizes below this level, it could then reach the next target level of 28.11 .
Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 29.65 , leading to a rise toward the resistance level (1) at 30.48 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 31.28 .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 30.48 .
RESISTANCE LEVEL (2) : 31.28 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 28.85 .
SUPPORT LEVEL (2) : 28.11 .
TURNING LEVEL : 29.65 .
Could Silver bounce from here?The price is falling towards the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 28.53
Why we like it:
There is a pullback support level which lines up with the 38.2% Fibonacci retraceement.
Stop loss: 27.96
Why we like it:
There is a pullback support that is slightly below he 50% Fibonacci retracement.
Take profit: 29.79
Why we like it:
There is a pullback resistance.
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XAUUSD - 4H Gold’s Potential DownturnOANDA:XAUUSD has recently surged to the top of its ascending channel, reaching above the $2,500 level. This move, however, appears to be a liquidity hunt, where the market triggers stops above significant levels before reversing direction. After this liquidity grab, technical analysis suggests a strong possibility of gold retracing within the ascending channel.
Fundamentally, several factors are contributing to the potential downside. The recent easing of tensions in the Israel-Palestine conflict has reduced demand for safe-haven assets like gold. Additionally, the de-escalation in geopolitical risks generally leads to a pullback in gold prices as investors shift towards riskier assets. Moreover, the broader market sentiment is leaning towards a stronger dollar, especially with expectations of continued monetary tightening by central banks, which could also pressure gold prices downward.
Given these technical and fundamental factors, gold is likely to face a correction back within the channel, with potential support levels around $2,350-$2,400. This retracement would align with the overall market dynamics and investor sentiment shifting away from gold.
SILVER (XAGUSD): More Growth is Coming?!
I see a confirmed structure breakout on Silver.
The price broke and closed above a key daily resistance.
We see its retest at the moment.
Presumably, the broken structure turned into support now.
The market may continue growth at least to 30.3 resistance.
❤️Please, support my work with like, thank you!❤️
Why silver needs to break 29.80 today Wednesday 21st August
The Gold price has recovered well today. See my analysis on Gold on my other thread.
I need to see Silver continue to rally above 29.80 and take out the right shoulders on bearish H & S's patterns on the 5m, 15m, 30m and 60 minutes charts.
I do see bullishness for Silver as the Gold price recently showed strength thanks to a bullish H & S's on the 1m, 2m and 3m.
Cheers,
Chris
* Please don't rely solely on my investment advice. Learn as much as you can.
Silver is in the bullish trend after testing supportHello Traders
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