#XAGUSD 1DAYXAGUSD 1-Day Chart Analysis
Pattern Identified: Resistance Level and Bearish Engulfing (Sell Engulfing)
Forecast:Sell
On the 1-day chart of XAGUSD (Silver/US Dollar), a resistance level has been identified, suggesting that the price has reached a key area where sellers tend to overwhelm buyers, causing the price to struggle moving higher. Alongside this, a bearish engulfing pattern has formed, signaling a potential reversal to the downside.
A bearish engulfing pattern occurs when a larger red (bearish) candlestick completely engulfs the previous green (bullish) candlestick, indicating a shift in market sentiment from bullish to bearish. This combination of a resistance level and bearish engulfing pattern suggests strong selling pressure and implies that prices are likely to drop in the short to medium term.
Actionable Insight: Traders may consider taking sell positions, particularly if the price fails to break above the resistance level. However, it is important to monitor for confirmation signals and manage risks appropriately, as market reversals can sometimes be temporary or false.
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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 2h timeframe
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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,
This is our master plan to Heist Silver XAGUSD 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.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 4h 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.
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XAGUSD "SILVER" Bearish Robbery Plan To Steal MoneyHola ola My Dear,
Robbers / Money Makers & Losers,
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Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High 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.
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XAGUSD:Clear Bearish Pattern Signals Potential Short OpportunityHey Realistic Traders, let's dive into the technical analysis of OANDA:XAGUSD
XAGUSD has consistently moved below the EMA90 line, indicating a strong bearish trend. Historically, it also broke the Ascending Broadening Wedge (ABW) pattern, and more recently, it broke out of the symmetrical triangle. This second breakout strengthens the possibility of continued bearish movement. Additionally, the MACD has formed a bearish crossover, where the MACD line crosses below the signal line, suggesting potential downward momentum. These technical indicators support a potential downside movement to 26.02030 (Target 1) and 25.44300 (Target 2).
It is essential to note that the analysis will no longer hold validity once the target/resistance area is reached.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on XAGUSD."
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
XAGUSD / SILVER Bearish Side Robbery Plan To Steal EverythingMy Dear Robbers / Traders,
This is our master plan to Heist XAGUSD 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.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High 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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Does silver correct?
Hello my dears
We are at your service with silver analysis. In the drawn diagram, we considered 3 goals that there is a possibility of seeing these goals in the future.
There are 9 black dotted lines that are placed as resistance in the way of candles. We want to check the reaction of silver price when reaching these diagonal resistance levels.
If you like my analysis, support me with likes and comments. thank you
XAGUSD SILVER Robbery Plan To Loot MoneyMy Dear Robbers / Traders,
This is our master plan to Heist XAGUSD Silver market 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.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
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.
Stop Loss : Recent Swing Low using 3h timeframe
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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SILVER TRADE IDEA : SHORT (18/06/24)SILVER has failed to close above recently created liquidity pools, confirming to me that order flow to the downside will continue. Price continuously enters points of interest and keeps being rejected to the downside. If the next 4H bar closes out strongly in the red, we can see a continuation of this sell.
SILVER / XAGUSD Bearish Direction Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist Silver XAGUSD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: Day traders & Scalpers If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted 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 it will update after the Breakouts.
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XAGUSD tm:1hHello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading.
I hope you will achieve maximum continuous profit with me by using supply and demand areas.
Good luck traders.
Mohammad Goodarzi
SILVER XAGUSD Bearish Side Money Heist PlanMy 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. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: Day traders & Scalpers If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted 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 it will update after the Breakouts.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Silver ShortTechnical Analysis: Silver has failed to break above key resistance levels multiple times, indicating a lack of bullish momentum.
Market Sentiment: There's growing uncertainty surrounding global economic recovery, with concerns about inflation easing and a potential interest rate hike. This could dampen demand for silver as a safe-haven asset.
Dollar Strength: The US dollar has been strengthening, putting downward pressure on commodity prices including silver, which is priced in USD.
Supply Dynamics: Silver mine production is expected to increase, potentially leading to a surplus in supply. Meanwhile, industrial demand remains subdued due to global supply chain disruptions.
Risk-Reward Ratio: With resistance levels holding and fundamental factors weighing on silver, the risk-reward ratio favors a short position at this time.
A short signal for silver is recommended, with a focus on managing risk through appropriate position sizing and stop-loss orders.
SILVER View following by gold! Shorts gonna playin" sooner!Spot silver
XAGUSD1! rose 0.7% to $25.15 per ounce, platinum
PL1! was up 0.2% at $909.76 and palladium
XPDUSD1! climbed 0.9% to $1,023.95.
Gold prices rose to a record high on Monday, as a softer U.S. inflation reading cemented bets that the Federal Reserve would deliver its first interest rate cut of the year in June.
Spot gold
GOLDwas up 1.2% at $2,258.53 per ounce, as of 0815 GMT, after hitting an all-time high of $2,262.19 earlier in the session. U.S. gold futures GOLD gained 1.8% to $2,279.50.
"The absence of any upside surprises in the core PCE price index release may have provided further go-ahead for gold prices to push into new record territory," said IG market strategist Yeap Jun Rong, referring to the personal consumption expenditures (PCE) price index report.
The core reading now at its lowest level in almost two years potentially offers some validation for the Fed to kick-start its rate-cutting process sooner rather than later, Jun Rong said.
The latest U.S. inflation data is "along the lines of what we would like to see," Fed Chair Jerome Powell said on Friday. U.S. prices moderated in February, with the PCE price index rising 0.3%, data showed.
Traders are currently pricing in a 69% probability that the Fed would begin cutting rates in June, according to the CME Group's FedWatch Tool. Lower interest rates reduce the opportunity cost of holding bullion.
Gold logged its biggest monthly rise in more than three years in March after a blistering rally fuelled by rate-cut bets, strong safe-haven demand and central bank buying.
"Today's price action is happening in a very low liquidity environment – most European and many APAC markets are still closed for Easter Monday. So, it would not be surprising to see these moves reverse when participation rebuilds later in the week," said Ilya Spivak, head of global macro at Tastylive.