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XAG USD ( Silver / US Dollar)

Silver (XAG/USD) – Rising Wedge Breakdown & Bearish Setup📌 Overview This 1-hour chart of Silver (XAG/USD) presents a textbook Rising Wedge pattern, which is known as a bearish reversal signal. The price was in a strong uptrend but started showing signs of buyer exhaustion, leading to a breakdown from the wedge formation. The chart clearly identifies: ✅ A Rising Wedge formation ✅ Resistance Level where price faced multiple rejections ✅ Breakdown Confirmation and shift in trend direction ✅ Projected Target & Stop Loss Zones This setup suggests a strong potential for further downside movement in silver prices. Now, let’s break it down step by step like a professional trader. 🔹 Key Technical Analysis Breakdown 1️⃣ Rising Wedge Pattern – The Bearish Setup The Rising Wedge is a bearish reversal pattern that forms when price action moves higher within two converging trendlines. The slope of the lower trendline is steeper than the upper trendline, meaning that buyers are getting weaker. This pattern suggests that even though the price is rising, bullish momentum is fading. Once the price breaks below the wedge, it confirms a bearish trend. 🔸 Characteristics of this Wedge: 📌 Multiple Higher Highs & Higher Lows – But with decreasing strength 📌 Narrowing Price Action – Indicates weaker buying power 📌 Breakdown Below Support Line – Confirms the bearish move 2️⃣ Resistance Level – Key Price Rejection Zone The price tested the Resistance Level multiple times before breaking down. This area is where sellers overpowered buyers, preventing further upside movement. The resistance zone was a liquidity area, meaning large institutional traders likely placed sell orders here. The price attempted to push higher but failed, showing that demand was exhausted. Once rejection happened, selling pressure increased, and the breakdown followed. 3️⃣ Breakdown Confirmation – Bearish Momentum Kicks In After the wedge broke down, the price started moving in a structured downtrend, forming lower highs and lower lows. This confirms that the breakdown was valid and that the trend has shifted. 🔹 Signs of Breakdown Strength: ✅ Strong Bearish Candles – Indicating aggressive selling ✅ No Immediate Recovery – Suggests sellers are in control ✅ Lower Highs Forming – Bearish trend structure confirmed 4️⃣ Risk Management – Stop Loss & Target Zones A well-planned trade must include a Stop Loss and a Target to manage risk effectively. 📌 Stop Loss Placement (33.95) Placing a Stop Loss just above the resistance level protects against false breakouts. If the price goes back above 33.95, it would invalidate the bearish setup. 📌 Profit Target (31.96) The target is based on the measured move projection, meaning the expected price drop is equal to the height of the wedge at its widest point. If the price reaches 31.96, traders can lock in profits. 📌 Risk-Reward Ratio (RRR) The setup offers a favorable risk-to-reward ratio, making it a high-probability trade. 5️⃣ Expected Price Movement – Bearish Outlook From here, we can expect the following price movement: 📉 Scenario 1: Continuation of Downtrend (High Probability) The price will likely form lower highs and lower lows on its way to 31.96. Each small rally should be met with selling pressure. 📈 Scenario 2: False Breakdown (Low Probability but Possible) If the price moves back above 33.95, the wedge breakdown will be invalid. This could lead to a bullish reversal instead. 6️⃣ Final Thoughts – How to Trade This Setup? This Rising Wedge Breakdown provides an excellent short-selling opportunity. Here’s how a professional trader would approach it: ✅ 🔹 Entry Strategy: Short after a retest of the broken wedge support Confirmation of lower highs ensures trend continuation ✅ 🔹 Risk Management: Place Stop Loss above 33.95 Take profits around 31.96 ✅ 🔹 Confirmation Signals to Watch: Lower highs forming after breakdown Increased selling volume on bearish candles Price respecting the downtrend structure 🔔 Conclusion – Bearish Bias Confirmed 🔻 Trend Shift: The breakdown signals a potential trend reversal in silver. 🔻 Bearish Targets: The price is expected to fall toward 31.96 in the coming sessions. 🔻 High-Probability Trade: Strong technical reasons support a bearish outlook. 🚨 Watch for further confirmations and manage risk effectively! 📊💰
OANDA:XAGUSDShort
by GoldMasterTrades
Silver The Week Ahead 24th March '25Silver bullish & overbought, the key trading level is at 3194 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:XAGUSD
by TradeNation
XAG/USD (Silver) – 1H Technical Analysis & Trade SetupThis analysis presents a high-probability bullish trade setup based on key price action principles, market structure, and technical indicators. The chart illustrates a potential reversal from a support zone, a descending channel breakout, and an overall shift in trend dynamics. 1. Market Structure & Key Price Levels Before placing any trade, it's essential to analyze the bigger picture, including support and resistance levels, trend structure, and liquidity zones. Let's break down the key areas: A. Resistance Area (Supply Zone) – $34.20 to $34.60 This horizontal resistance zone has historically acted as a selling pressure area where price faced rejection. It represents a profit-taking zone for bulls and a possible reversal point for bears. If price successfully breaks and closes above this resistance, it could signal further upside potential. B. Support Level (Demand Zone) – $32.90 to $33.10 The price has consistently bounced from this region, indicating strong buying interest. This level has acted as a demand zone, where institutions or large traders are likely accumulating positions. A strong bullish reaction from this zone strengthens the reversal scenario. C. Change of Character (CHoCH) – Key Structural Shift A Change of Character (CHoCH) is marked on the chart, indicating a potential shift from a bearish to a bullish trend. This is one of the most reliable signals when transitioning from a downtrend to an uptrend. 2. Chart Pattern & Price Action Analysis A. Descending Channel Formation (Bullish Reversal Pattern) The market has been forming a descending channel, which is a corrective pattern rather than a continuation pattern. This structure consists of lower highs and lower lows, indicating short-term selling pressure. However, when such a pattern forms near strong support, it often precedes a breakout and trend reversal. A confirmed break above the channel's upper trendline will serve as a bullish breakout signal. B. Liquidity Grab & Stop Hunt Consideration Many retail traders place stop-loss orders below the support zone, making it an area of liquidity accumulation. The market may attempt to sweep these stops before moving up, which aligns with institutional trading behavior. If price momentarily dips below the support and then quickly reverses with strong bullish momentum, it confirms a stop hunt and a possible reversal setup. 3. Trading Strategy & Setup To maximize profits while managing risk, we need a well-structured entry, target, and stop-loss strategy. 📌 Entry Strategy Aggressive Entry: Enter a buy position within the support zone ($33.00 - $33.10) if bullish price action (e.g., bullish engulfing candle) confirms buying pressure. Conservative Entry: Wait for a clear breakout from the descending channel’s upper trendline, then buy on a retest. This reduces the risk of a fakeout and provides higher confirmation. 🎯 Target Levels (Take Profit Zones) First Target (TP1) – $34.26 This is a key resistance level where price previously reversed. Partial profit-taking is recommended here to secure gains. Second Target (TP2) – $34.60 If momentum continues, price could reach this extended target. Strong breakout volume would support this move. 🛑 Stop Loss (SL) Placement Stop-loss should be set below the support zone ($32.45). This ensures adequate risk management and avoids premature stop-outs. If price breaks below this level with strong selling volume, the bullish setup is invalidated. 4. Risk Management & Trade Considerations 📌 Risk-to-Reward Ratio (RRR): The trade setup offers an RRR of at least 1:3, making it a high-probability trade. 📌 Possible Fakeouts & Confirmation Signals: If price breaks above the descending channel but fails to hold above support, it's a sign of a fake breakout. Watch for strong bullish volume and clear break of previous lower highs before entering long. 📌 Fundamental Factors: Keep an eye on economic reports, Federal Reserve speeches, and USD strength, as they heavily influence Silver prices. 5. Conclusion – High-Probability Bullish Setup Descending channel breakout, strong support level, and CHoCH indicate a potential bullish reversal. If buyers successfully defend the support zone, price is likely to target $34.26 – $34.60. Risk management is crucial – waiting for confirmation reduces chances of a failed trade. 🚀 Watch for bullish confirmation before entering!
OANDA:XAGUSDLong
by GoldMasterTrades
Silver Steadies Near $33.20 After PullbackSilver hovered near $33.20 on Friday morning after two consecutive sessions of decline. The recent upward momentum, initially fueled by China’s stimulus measures, has temporarily stalled. Nevertheless, the potential for further gains remains intact amid persistent uncertainty surrounding former President Trump’s tariff policies and escalating geopolitical risks. In addition, the Federal Reserve’s soft approach to interest rates, even if temporary, continues to support interest in non-yielding assets like silver. If silver breaks above $33.75, the next resistance levels are $34.05 and $34.85. On the downside, support is at $33.10, with further levels at $32.50 and $32.15 if selling pressure increases. 
FOREXCOM:XAGUSD
by ChartMage
Gold Nears $3,030 on Fed Cut HopesGold hovered near $3,030 on Friday, close to record highs and heading for a third straight weekly gain. The rally is driven by dovish Fed signals and strong safe-haven demand. The Fed reaffirmed plans for two rate cuts in 2025 amid rising economic uncertainty, while Powell downplayed Trump’s proposed tariffs as temporarily inflationary but saw no urgency to cut rates. Geopolitical tensions also supported gold, with Israel escalating operations in Gaza, Hamas striking Tel Aviv and the U.S. continuing airstrikes in Yemen. Markets are also watching the April 2 deadline for Trump’s reciprocal tariffs, fueling trade concerns. Gold is up over 15% year-to-date. Key resistance stands at $3082, with further levels at $3100 and $3,150. Support is at $3000, followed by $2,980 and $2,916.   
EIGHTCAP:XAUUSD
by ChartMage
Silver Approaching Critical 32.95 Support LevelSilver has broken below the 33.50 support and is retreating quickly. The main support lies around the 32.95 area, where both the uptrend line and the 38.2% Fibonacci retracement level converge. This zone could potentially offer a buying opportunity, provided the support holds. However, if Silver breaks below 32.95 and retests it from underneath, it could also present a selling opportunity. In both scenarios, a high risk/reward trade setup with well-placed stops may form. Caution is advised, as Silver is known for sudden price spikes, especially around key support and resistance levels.
OANDA:XAGUSD
by ftdsystem
Silver (XAG/USD) – Rising Wedge Breakdown & Bearish OutlookChart Overview This is a 1-hour chart of Silver (XAG/USD) from OANDA, showing recent price action forming a rising wedge pattern followed by a bearish breakdown. The price initially rallied within the wedge but failed to sustain gains above the key resistance zone, leading to a strong rejection and downward momentum. Key Chart Elements & Analysis 1. Rising Wedge Formation (Bearish Pattern) The market was in an uptrend, forming higher highs and higher lows within a rising wedge pattern. A rising wedge is a classic bearish reversal pattern, which indicates weakening buying pressure as price consolidates upward. The price eventually broke below the lower trendline, signaling a shift in momentum from bullish to bearish. 2. Resistance Zone & Rejection A strong resistance zone was identified around $33.80 - $34.20 USD (highlighted in blue). Price attempted multiple times to break above this level but faced selling pressure, leading to a sharp reversal. The final breakout attempt failed, confirming that sellers are in control. 3. Breakdown & Retest of Support After breaking down from the wedge, the price found temporary support around $33.20 USD, which aligns with a previous consolidation area. A retest of the broken wedge support turned into resistance, further confirming the bearish bias. The rejection from this level strengthened the case for a move lower. 4. Next Support Level & Target Projection The next significant support zone is around $31.95 - $32.00 USD (marked as the "Target" area). This level coincides with previous price action support, making it a high-probability bearish target. The breakdown is expected to follow a measured move projection, bringing price toward this level. Trade Plan & Execution Strategy 📉 Bearish Setup (Short Opportunity) Ideal Entry: A pullback to the previous support (now resistance) at $33.20 - $33.40 USD could offer an entry for shorts. Stop-Loss: Above $33.80 USD, just above the resistance zone. Target Levels: Primary Target: $32.50 USD Final Target: $31.95 - $32.00 USD Confirmation: Look for price rejection or bearish candlestick formations at resistance before entering. ⚠️ Risk Management & Considerations Bullish Scenario: If price reclaims $33.80 USD, the bearish setup could be invalidated, and a move higher toward $34.50 USD is possible. Market Conditions: Keep an eye on macroeconomic factors, news events, and USD strength, as they can influence silver prices. Conclusion: Bearish Outlook with Downside Target 🎯 The rising wedge breakdown signals further downside potential. A support retest rejection confirms selling pressure. $31.95 - $32.00 USD remains the main target, aligning with technical projections. Short positions with proper risk management remain favorable in this setup.
OANDA:XAGUSDShort
by GoldMasterTrades
Silver Holds Near $33.60 as Fed Signals 2025 Rate CutsSilver hovered near $33.60 after the Fed held rates at 4.25%-4.5%, signaling 50 bps cuts by 2025. Despite trade-war fears and Trump’s policies, silver remains near a five-month high. Lease rates surged as stockpiles shrank, especially in London, with silver flowing to the US for higher prices, widening market price gaps. Spot silver is up 17% this year, outperforming other commodities. Tariffs strain silver transfers from Canada and Mexico, tightening supply and fueling fears of a prolonged “silver squeeze.” If silver breaks above $34.05, the next resistance levels are $34.85 and $35.00. On the downside, support is at $33.80, with further levels at $33.15 and $32.75 if selling pressure increases. 
FOREXCOM:XAGUSD
by ChartMage
Bullish continuation?The Silver (XAG/USD) is falling towards the pivot and could bounce to the 1st resistance. Pivot: 32.93 1st Support: 32.10 1st Resistance: 34.88 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
1
Silver (XAG/USD) – Rising Wedge Breakdown & Bearish ContinuationTechnical Analysis & Market Outlook The Silver (XAG/USD) 1-hour chart presents a clear rising wedge formation, a well-recognized bearish reversal pattern. This formation develops when price action creates higher highs and higher lows within a contracting range, signaling a potential exhaustion of bullish momentum. Currently, Silver has broken below the lower trendline of the wedge, confirming a bearish breakout. This move suggests that the recent uptrend is weakening, and sellers are beginning to take control. A retest of the broken support level as new resistance could provide an ideal entry for a short position. Key Technical Levels & Trading Plan 1️⃣ Resistance & Supply Zone: 34.00 - 34.20 Price has struggled to break above this region multiple times, confirming strong selling pressure. The market rejected this level sharply, leading to the current downside movement. A stop-loss can be placed slightly above this zone to protect against unexpected reversals. 2️⃣ Support Level & Retest Zone: 33.50 Previously, this level acted as a strong support, but the breakdown confirms a shift in market structure. If price retests this level and faces rejection, it could serve as an optimal entry point for short trades. 3️⃣ Short Entry Confirmation Traders should look for price rejection from the 33.50 zone before entering a short position. A bearish candlestick pattern (e.g., bearish engulfing, pin bar, or a lower high formation) would further validate the entry. 4️⃣ Bearish Target: 31.90 - 32.00 The projected downside move aligns with the measured move of the wedge breakdown and previous support zones. If price maintains bearish momentum, further downside potential exists beyond this target. 5️⃣ Stop-Loss Placement: Above 34.20 Setting a stop-loss above the recent resistance ensures protection against invalidation of the bearish setup. This placement accounts for potential price spikes or false breakouts. Trade Execution Strategy: 📌 Entry: Short on a retest of the 33.50 level, ensuring confirmation via price rejection. 📌 Stop-Loss: Above 34.20 to avoid premature stop-outs. 📌 Take-Profit: Targeting the 31.90 - 32.00 zone for an optimal risk-to-reward ratio. Conclusion & Risk Management: The breakdown from the rising wedge signals a shift in market sentiment, favoring a bearish move. Traders should remain patient for a retest of broken support to confirm the validity of the trade. Proper risk management with a well-placed stop-loss and a defined target ensures controlled exposure to market fluctuations. 📊 Overall Bias: Bearish 📉 🔍 Key Watch Areas: Retest of 33.50 for Short Confirmation
OANDA:XAGUSDShort
by GoldMasterTrades
GOLD market Update: BUY DIPS 2990 USD TP 3100 USD🏆 Gold Market Update / Wednesday 📊 Technical Outlook 🔸Bullish OUTLOOK 🔸5 waves Bullish Sequence on H1 🔸2846/2930 w1, 2930/2887 w2, 2887/3045 w3 🔸3045-3055/2980-2990 wave 4 pullback now 🔸2980-2990/3100 - final wave 5 pump 🔸Recommend to BUY DIPS 2980/2990 USD 🔸Price Target BULLS: 3100 USD in Wave5 🏆🔥 Latest Gold Market Update – March 2025 🔥🏆 🚀 Gold Prices Hit New Highs! 💰 Gold Breaks $3,040+ – Soaring to record levels as investors seek safe-haven assets. 🏦✨📈 📊 Analysts Raise Targets – UBS forecasts $3,200 by June amid strong bullish momentum. 🔮💎 🌎 Key Market Drivers: ⚠️ Geopolitical Tensions Rising – Middle East conflicts fuel gold’s safe-haven appeal. 🌍🔥 📉 Stock Market Volatility – Investors flee equities, boosting gold demand. 📊📢
FOREXCOM:XAUUSDLong
by ProjectSyndicate
45
Silver Climbs on Weak Inflation DataSilver surged toward $33.90 an ounce, its highest since late October with ongoing trade tensions and rising Fed rate cut expectations after weak U.S. inflation data. Trump threatened 200% tariffs on European wines in response to the EU’s 50% tariff on U.S. whiskey, further heightening market uncertainty. U.S. producer prices remained flat in February in the meantime, consumer inflation rose just 0.2%, and jobless claims declined, signaling a resilient labor market. If silver breaks above $34.00, the next resistance levels are $34.85 and $35.00. On the downside, support is at $33.80, with further levels at $33.15 and $32.75 if selling pressure increases. 
FOREXCOM:XAGUSD
by ChartMage