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XAG USD ( Silver / US Dollar)

Heading into 38.2% Fibonacci resistance?XAG/USD is rising towards a resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 29.84 Why we like it: There is a pullback resistance which lines up with the 38.2% Fibonacci retracement. Stop loss: 30.20 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement. Take profit: 29.09 Why we like it: There is a an overlap support which aligns with the 78.6% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAGUSDShort
by VantageMarkets
Buy Silver (XAG/USD) Triangle BreakoutThe XAG/USD OANDA:XAGUSD pair on the M15 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 29.53 Target Levels: 1st Resistance – 30.08 2nd Resistance – 30.47 Stop-Loss: To manage risk, place a stop-loss order below 29.30. This helps limit potential losses if the price falls back unexpectedly. 🔊 Support by leaving Likes & Comments Thank you.
OANDA:XAGUSDLong
by KABHI_FOREX_TRADING
1
SILVER The Target Is UP! BUY! My dear friends, My technical analysis for SILVER is below: The market is trading on 29.624 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 30.104 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK
OANDA:XAGUSDLong
by AnabelSignals
1
MarketBreakdown | Dollar Index, Silver, EURCAD, WTI Oil Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ Dollar Index #DXY daily time frame 💵 Dollar Index nicely respected a key daily horizontal resistance. We see a nice bearish reaction to that today. Because of the absence of important fundamentals, I think that DXY may keep staying under a bearish pressure. 2️⃣ Silver #XAGUSD daily time frame 🪙 The price action on Silver contracts. The market is currently stuck between 2 trend lines, forming a classic symmetrical triangle formation. Before the release of the news, the market will most likely stay within the triangle, respecting its upper and lower boundary. US fundamentals this week can be a catalyst for a breakout. The side of the breakout will indicate you the future direction of the market. 3️⃣ #EURCAD daily time frame 🇪🇺🇨🇦 The market is approaching a significant confluence zone based on a recently broken horizontal support and a trend line. The broken structures compose a supply zone from where we may see a bearish movement. Patiently analyze the reaction of the price to that on lower time frames and look for a confirmation to sell. 4️⃣ #WTI CRUDE OIL 🛢️ The market is currently stuck between 2 horizontal structures within a narrow range. I will wait for a breakout of one of the structures to confirm where the market will go next. ❤️Please, support my work with like, thank you!❤️
TVC:DXYShort
by VasilyTrader
1
SILVER Expected Growth! BUY! My dear subscribers, My technical analysis for SILVER is below: The price is coiling around a solid key level - 29.549 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 30.012 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
OANDA:XAGUSDLong
by AnabelSignals
1
Bearish drop?Silver (XAG/USD) has reacted off the pivot and could potentially drop to the 1st support which acts as a pullback support. Pivot: 30.73 1st Support: 29.82 1st Resistance: 31.36 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAGUSDShort
by ICmarkets
1
Silver Slowed Down Within A Corrective StructureSilver is bullish on a daily chart and structure up from 21.90 is not in five waves yet, thus bulls can stay in play for $34/35 targets, where we see some strong resistance levels, so be aware of a limited upside up there. But because drop is still overlapping on 4h time frame, which we see it as a three-wave A-B-C correction with a potential wedge pattern in wave C, new buyers can still show up, ideally here around 29-28 support area.
SAXO:XAGUSDLong
by ew-forecast
We remain wary of today’s gains on gold and silverSilver rose over 2% in Thursday’s Asian session, eventually prompting gold to try and catch up. Yet gold’s ‘rally’ was lacklustre in comparison, and with silver pausing near a resistance cluster, we’d prefer to fade fold below $2350 for a move lower. Silver has stalled around a high-volume node (HVN) and trend resistance. RSI (2) is overbought and prices have risen whilst volumes were lower. RSI (2) is also overbought for gold on this timeframe with lower volumes, and the monthly pivot point and weekly R1 pivot reside around 2350. Bears could fade into gold below $2350 and target the weekly pivot around $2320. They could also seek shorts on silver around current levels with $30 as an initial target. At which point, bulls could then seek evidence of a swing low around the monthly pivot point or $30 for long swing trade.
FX_IDC:XAUUSDShort
by CityIndex
Bullish momentum to extend?XAG/USD is falling towards a support level which is an overlap support that lines up with the 23.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 29.91 Why we like it: There is an overlap support level which lines up with the 23.6% Fibonacci retracement. Stop loss: 28.90 Why we like it: There is a pullback support level which lines up with the 78.6% Fibonacci retracement. Take profit: 31.32 Why we like it: There is a pullback resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAGUSDLong
by VantageMarkets
Silver is in short term consolidation before breaking $30It doesn't matter what short term paper contracts do, or taking profits - the East is importing gold and silver at a beguiling rate that won't allow for much shenanigans for the metals market. I was however surprised to see the price bounce exactly off the top of the box. I see silver going down to $24 area, shake out some hands, and rocket up past $30 after options expiration date. I see a smaller consolidation week in May before going even higher. I HIGHLY recommend Silver Miners right now. They saw some life this week and last - and since they usually lag, I can see them being down for the next two weeks before going up themselves. I like AMEX:SIL , AMEX:SILJ , and NUGT for indices, and NYSE:NEM for the best miner in the world for one simple reason - AMERICA will be the LAST country to nationalize their natural resources in a communistic reaction to the skyrocketing dollar. I expect that to happen starting next year.
AMEX:SLVLong
by EmptyEternity
1
SILVER $400 - UNIQUE OPPORTUNITY📣 Hello everyone! Here is the global chart of XAG/USD and directly my long-term trading idea, time frame 1 month. Here is the story from 1802, but in fact this is not even a complete timeline. I believe we are “close” to completing the Elliott Global Five on the silver chart. The first primary impulse wave, in my opinion, ended in 1864, the second corrective primary wave ended in 1932. From 1932 to 1980, the most powerful third Elliott wave of the primary level was formed - in 48 years, silver increased in price by 170 times. Then from 1980 to 1991 there was a bear market in the correctional wave-4 of the primary level. Further, from 1991 to the present day, the global impulse wave 5 of the primary level of the cycle has been developing. Within the framework of my Elliott idea, we should expect that wave-5 of the primary level will be fully formed within 45-74 years, that is, from 2036 to 2065. Taking into account the dollar charts, US inflation, government bond yields and other important macroeconomic data, I am more inclined to believe that the cycle will end in 2036. Therefore, my goal is $400 per ounce of silver by 2036. This is an increase of approximately 18 times from the current price. This is great news for long-term investors. As for this relatively short-term outlook for Silver, in the first half of 2024 there is still a chance, within the bullish flag, to descend to the zone of 14-16 dollars per ounce. Either way, I believe that in the longer term, silver is already incredibly close to breaking through its twelve-year downtrend resistance. As soon as the bullish flag and, accordingly, trend resistance are broken upward, then after a long period of consolidation, vigorous growth will begin and silver will quickly return to the highs of 2011. Be prepared for this. ❌ It is also necessary to understand that according to my current wave marking, under no circumstances should the price fall below $7.28, this is the completion level of wave 1 of the secondary level. If this happens, then it will be necessary to look for an error and make serious changes to the Elliott price movement marks in this trading idea. ⚠️ As always, I wish you good luck in making independent trading decisions and profit ✊ Goodbye!
FX_IDC:XAGUSDLong
by AnonymousTraderAcademy
Heading into 50% Fibonacci resistance?XAG/USD is rising towards a resistance level which is an overlap resistance that is slightly below the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 29.91 Why we like it: There is an overlap resistance level which is slightly below the 50% Fibonacci retracement. Stop loss: 30.88 Why we like it: There is an overlap resistance level which aligns with the 78.6% Fibonacci retracement. Take profit: 28.67 Why we like it: There is an overlap support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAGUSDShort
by VantageMarkets
Could Silver bounce from here?XAG/USD is falling towards the pivot and could potentially bounce from this level to the 1st resistance which has been identified as an overlap resistance. Pivot: 28.76 1st Support: 27.96 1st Resistance: 30.23 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAGUSDLong
by ICmarkets
2
Silver poised for fresh breakoutHere is 6-hour chart of silver. Who on earth uses a 6-hour chart, you might be asking? Well, I don't either but the 4-hour chart would look too zoomed out to make out the price candles. Besides, time frame is irrelevant - price action is price action. Anyway, silver looks poised for a fresh bullish breakout from a continuation pattern, assuming it can hold above key support at $28.80ish. That's the key takeaway point from this short article. Silver broke above a major resistance area of $29-$30 earlier this year, although demand concerns over China meant the breakout would quickly run into trouble. Still, the white metal has lots of ground to make up on the yellow metal and it could narrow the price gap to near the historical average. A potential rise back above $30 is what could trigger the next phase of technical buying pressure now that prices are no longer at overbought levels on oscillators like the RSI. A potential rise to $35 on silver should not come as surprise in the weeks ahead given the big breakout we have seen in recent months on the long-term charts. But first thing is first, let's wait for the bullish breakout for confirmation before getting too far ahead of ourselves! Written by Fawad Razaqzada, market analyst at FOREX.com
FOREXCOM:XAGUSDLong
by FOREXcom
XAGUSD. Weekly trading levels 10.06.2024 - 14.06.2024During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me!
FOREXCOM:XAGUSD
by Forex_Hoby