XAG USD ( Silver / US Dollar)
Bullish reversal?The Silver (XAG/USD) is falling towards the pivot which acts as a pullback support and could bounce to the overlap resistance.
Pivot: 28.67
1st Support: 28.18
1st Resistance: 29.31
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SILVER Set To Grow! BUY!
My dear friends,
Please, find my technical outlook for SILVER below:
The price is coiling around a solid key level - 29.283
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 29.853
Safe Stop Loss - 28.945
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
SILVER ( TRADING ABOVE DEMAND ZONE ) ( 4H )XAGUSD
HELLO TRADERS
Tendency , the price is under bullish pressure , until trading above turning level .
TURNING LEVEL : the price of turning level around , 28,68 , so if the price breaking this level reach a first support level , as long as silver price trading above this level reach a first resistance level .
RESISTANCE LEVEL (1) : this level around 29,66 , for reach this resistance the price it will stabilizing turning level or corrective this level .
RESISTANCE LEVEL (2) : around 30,48 , for reach this level it will be breaking by open 4h candle above resistance level (1)
SUPPORT LEVEL (1) : this level around 28,01 , for reach this support level the price need breaking a turning level .
SUPPORT LEVEL (2) : support level at 27.12 , for reach this level the price will be breaking by open 1h or 4h candle below support level (1) .
CORRECTIVE : the price may be corrective turning level at 28,68 , before rising .
TARGET LEVEL :
RESISTANCE LEVEL :29,66 , 30,48 .
SUPPORT LEVEL : 28,01 , 27.12 .
SILVER: Bullish Continuation & Long Trade
SILVER
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long SILVER
Entry Point - 29.050
Stop Loss - 28.410
Take Profit - 30.224
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
XAG/USD Outlook ICT ConceptsSilver Analysis (XAG/USD)
💡Previous Analysis Review:
In the previous analysis, we expected the price to have a retracement higher and then continue lower to the previous month low. However, the price ran through the previous month low without the expected retracement and is now playing above it.
📍Current Market Overview:
Currently, the price is around 29.0100. The previous week low has already been swept, and the bias is bullish due to this sweep and also because some low resistance liquidity levels have been taken.
🔍 Identifying Key Levels:
The chart highlights several significant levels and zones influencing the current market behavior:
PML: Previous Month Low
PWH: Previous Week High
BSL: Buy-Side Liquidity
SSL: Sell-Side Liquidity
📊 Key Considerations:
Current Price Position: The price is trading around 29.0100, above the previous month low.
Previous Week Low: The previous week low has already been swept, indicating a potential bullish bias.
Low Resistance SSL Levels: These levels below the current price have been taken, contributing to the bullish bias.
📈 Bullish Scenario:
Given the current price action and key considerations, a bullish scenario is possible if the following conditions are met:
Sweep PML: The best scenario for long positions would be a sweep of the previous month low.
Continuation Higher: After sweeping the PML and taking out low resistance SSL levels, we can expect the price to continue higher.
📉 Bearish Scenario:
A bearish scenario should be considered if the following conditions are met:
Key BSL Levels Taken: For any short positions, we need the key buy-side liquidity levels to be taken first.
Create Low Resistance BSL: Alternatively, if we create low resistance BSL levels in the lower time frame, a sweep of those could give us a short position towards the previous month low.
📊 Chart Analysis Summary:
Bullish Expectation: The expectation is for the price to potentially sweep the previous month low (PML) and then continue higher.
Bearish Expectation: For a bearish scenario, we need the key buy-side liquidity (BSL) levels to be taken out first, or the creation and sweep of low resistance BSL levels in the lower time frame.
Understanding these key levels and the current market behavior helps in making informed trading decisions.
Silver Is Under PressureSilver has hit a support level and might even try to rebound a bit, but considering all the factors, like the recent COT report and retail traders activity, there's no way it's going to have any serious growth.
Plus, that 25-strike put that had a lot of trading in the options market is still out there and it also suggests that it could keep getting weaker.
Silver H4 | Potential bullish breakoutSilver (XAG/USD) is rising towards a potential breakout level and could climb higher from here.
Buy entry is at 29.28 which is a potential breakout level.
Stop loss is at 28.75 which is a level that lies underneath a pullback support.
Take profit is at 30.13 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level.
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XAGUSD / SILVER Bearish Heist Plan To Steal the SilverMy 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 focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
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Could Silver bounce from here?The price is falling towards the support level which is a pullback support and could potentially bounce from this level to our take profit.
Entry: 28.66
Why we like it:
There is a pullback support level.
Stop loss: 28.01
Why we like it:
There is a pullback support level.
Take profit: 29.76
Why we like it:
There is a pullback resistance level which lines up with the 38.2% 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.
SILVER: Bullish Continuation & Long Signal
SILVER
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy SILVER
Entry - 29.222
Stop - 28.695
Take - 30.155
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
SILVER Will Grow! Buy!
Hello,Traders!
SILVER went down
Sharply and the price
Has almost reached a
Horizontal support level
Of 28.60$ and as silver
Is locally oversold I think
That we will see a
Local bullish rebound
From the support
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
Retail Sentiment Points to Lower Prices? If we break through that support level, we'll probably head down to 28.5 or even lower.
And the retail sentiment is also in line with this scenario.
At the moment, most are long, and short positions are starting to shrink (check out the chart).
Guys, who else sees the same level of support as us? And why? Let's discuss it
Silver (XAGUSD): From Rise to Expected Downturn—What's Next?Following a rapid rise to $30, silver has seen a swift decline, indicating a completion of the minor Wave (iii) of Wave ((iii)) just above the 461.8% level. We've exceeded this level, so we need to consider potential deviations from ideal models to navigate the market effectively.
We anticipate the downturn to continue and expect to find support between the 38.2% and 61.8% Fibonacci levels. This could set the stage for a rebound above the $30 mark, potentially reaching between $33.78 to a high of $46, although the upper range is quite optimistic.
Trading volume is expected to provide significant support, helping to sustain Wave (iv) within a price range of $26.32 to $24.65.
Silver (XAGUSD): Anticipating a Wave 4 CorrectionSince our entry at $26.31, silver has experienced a significant rally, reaching up to $32.50. We anticipate a correction downward to form a Wave 4.
The recent rise to $32.50 indicates a strong upward movement, but now a correction is expected. We expect silver to correct downward into the 38.2% to 50% retracement zone before continuing its upward trend.
Our strategy involves maintaining our current stop-loss level without adjustment while allowing the market to correct. We have already secured some profits, reducing our risk. We are targeting the 38.2% to 50% Fibonacci retracement zone for potential re-entry, which will likely provide a strong support area for the next upward movement.
Gold - 4H , Are you ready for a dip correction?In the 4H and Daily chart, XAUUSD has exhibited three pushes, and today the price consolidated under the trend line. This formation is an ascending channel, which can break from the top, but the last bullish leg didn’t have enough pullbacks. It seems bulls are taking some profits now, indicating a potential fall from this area.
SILVER Expected Growth! BUY!
My dear followers,
This is my opinion on the SILVER next move:
The asset is approaching an important pivot point 30.422
Bias - Bullish
Safe Stop Loss - 30.079
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 30.9039
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
XAG/USD Outlook ICT ConceptsXAG/USD Analysis
💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on XAG/USD , dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
🔍 Identifying Key Levels
The chart highlights several significant levels and zones that influence the current market behavior:
• PMH (Previous Month High): A significant resistance level that has been swept.
• PWH (Previous Week High): Another key resistance level.
• PWL (Previous Week Low): A critical support level that has been swept.
• Daily FVG (Fair Value Gap): Indicates a zone of potential retracement or continuation.
• BSL (Buy-Side Liquidity): Above the local highs, indicating a potential target for liquidity sweep.
• EQH (Equal Highs): Above which lies potential buy-side liquidity.
📊 Key Considerations
• Price Swept Previous Month High (PMH): Price took out the previous month's high, indicating a potential liquidity grab and subsequent expansion lower.
• Price Swept Previous Week Low (PWL): Price recently took out the previous week's low, indicating a potential liquidity grab and a reaction point.
• Fair Value Gap (FVG): Price is reacting to the Daily FVG zone, suggesting a potential area for retracement or continuation higher.
📈 Bullish Scenario
• Sweep of Previous Week Low (PWL): The recent sweep of the previous week low (PWL) indicates a potential bullish reversal.
• Reaction to Daily FVG: Price is currently reacting to the Daily Fair Value Gap (FVG), indicating potential for a retracement higher.
• Targeting BSL and Higher Levels: The bullish scenario involves a move higher, targeting the buy-side liquidity (BSL) levels above the local highs and potentially the previous week high (PWH).
📉 Bearish Scenario
• Expansion Lower After PMH Sweep: The expansion lower after sweeping the previous month high (PMH) suggests bearish pressure.
• Failure to Hold Daily FVG: If price fails to hold within the Daily FVG, we could see further downside movement.
• Targeting Lower Support Levels: The bearish targets include previous sell-side liquidity (SSL) levels and potentially the lower support levels marked out on the chart.
📊 Chart Analysis Summary
The XAG/USD chart indicates a potential bullish move following the sweep of the previous week low (PWL) and the reaction to the Daily Fair Value Gap (FVG). The bullish scenario targets buy-side liquidity (BSL) levels and potentially the previous week high (PWH). However, if the Daily FVG fails to hold, a bearish scenario could unfold, targeting lower support levels and sell-side liquidity. Confirmation on lower time frames will be essential for validating the setups in both scenarios.
🙏 Thank you for joining us!
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The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.