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XAGUSD#FOREX #XAGUSD Silver falsely broke through the corner (but made it possible to make good money on its breakdown) and returned to the zone of uncertainty. We are waiting again. Now the price is trading at the level of concentration of horizontal volumes - ROS. It is sandwiched between two important corners (red and red). Slight probabilities are in favor of a downside (red scenario) due to a sustained mid-term downtrend and a weekly RSI below 50-60. Also, such false breakouts, as highlighted in blue, indicate the weakness of bullish sentiment, and the need to collect liquidity before moving further along the trend. In favor of growth, we can note the formed parabola (yellow), and the fact that the key global red corner is still held. If the price manages to consolidate above the red angle, then it will continue its upward movement along the parabola to the Gann angles at ~23.2 and 24.6 By and large, like many other financial instruments, silver is in an area of ​​uncertainty when volatility is compressed. This means one thing, that we will probably soon get a strong movement in one of the directions. Then it will be possible to stand in the desired position with a larger volume. In the meantime, you have to significantly reduce the volume and trade small movements. *This post is not an investment recommendation or a trading recommendation.
OANDA:XAGUSD
by airstels
XAGUSD ShortList of confluences: 1: Trendline Breakout 2: Rising Wedge Breakout 3: Bearish Market Structure LH + LL When we look at the bigger picture trend, we can see that sliver is in an overall bearish down trend. We can clearly see a trendline breakout and a rising wedge breakout in the direction of the bigger trend. This is followed by visible bearish market structure as price is creating lower highs and lower lows. These combined with an extremely strong US dollar and a 40 year high CPI data release, we are expecting silver to trend lower as the fed continues with its aggressive rate hikes.
PEPPERSTONE:XAGUSDShort
by NDOBObanks
XAGUSD | New perspective The appearance of a reversal pattern around the bearish trendline identified on the daily time frame insinuates a bearish momentum for the week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) is high-risk and unsuitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
OANDA:XAGUSDShort
by darcsherry
1
Forecast XAGUSD⚙️In the forecast a month ago, a medium-term loy was determined. However, now the price has not sent to a rapid inertial growth towards the designated targets, but is stuck in a triangle of corners. ⚙️The price has been testing EMA-50 from below three times in the last 2 months, and so far cannot break through it. The factors described above force us to consider the second downward scenario to levels ~12.4 Obviously, soon we will see a way out of the triangle marked with red lines. This will make it more likely to make the right choice in short / long.
OANDA:XAGUSD
by airstels
The dollar can be thought of as purchasing territories. DXYİf you like my ideas or have your own ideas to share on this market, comment below so that we can discuss. The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. Fikirlerimi beğendiyseniz veya bu pazarda paylaşacak kendi fikirleriniz varsa, tartışabilmemiz için aşağıya yorum yapın. Bu analizin içeriği herhangi bir zamanda önceden haber verilmeksizin değiştirilebilir ve yalnızca eğitim amacıyla sağlanmıştır. Finansal bir tavsiye veya işaret değil. Lütfen kendi bağımsız yatırım kararlarınızı verin.
TVC:DXYLong
by Merchant_Captain_Jack
5
Silver Bearish Picture (Highlights and Overview)This idea is the detailed explanation of my previous idea about XAGUSD (see related ideas). Although my chart is self explanatory with all the captions but I would like to elaborate a little more in this text. We just recently broke out of the accumulating descending triangle come bearish reversal a few months ago and heading towards the previous support levels. We just recently hit the Target zone 1 at 17.55, as demonstrated by the graphics in the chart. Our tide is longer than it appears and we need to break lower than 17.00 to see the Target Zone 2. Fundamental aspects and core analysis: 1- We did hit the 19.63 price level this week (0.618 Fibo retracement level from previous month of August 2022) but failed to break it since we did not close weekly candle above it, so we are likely to continue downwards right from here but let us just wait for a good Daily or at least H4 candle to sell 2- What bullish momentum we are looking at is the reaction of the supporting region, marked as Target Zone 1, so we can comfortably deem it correction 3- The Feds are committed to increase the interest rates to 3%+ during this coming Wednesdays FOMC meeting (21rst September 2022), therefore, USD is expected to get even stronger than now so silver is expected to react downwards 4- If we go retest Target Zone 1, we are looking at a "h" pattern which marks the formation of new low than previous one so we can expect it to break further lower either to 17.00 or Target zone 2 (but this is still to be confirmed if we bounce from here at 0.618 August monthly retrace level back to lower prices) Be patient, always ensure proper risk management, happy trading and happier profits :-)
FOREXCOM:XAGUSDShort
by Uzi-Trades-Forex
4
SILVER XAGUSD SHORT SETUkist OANDA:XAGUSD Silver ran up hard to close the week. The 10R shows the supply and demand zones as well as RSI pivot and the volume profile. Essentially Friday afternoon's close forms a double top with the high from the previous morning generating a reversal pattern. I think Silver is due to correct and reverse. For the short setup, I will set a stop loss just above the recent high of Thursday morning while targetting just above the top of the support zone This offers a narrow stop and a high reward for the narrow risk. P lease comment offering your opinion. Thanks !
FXOPEN:XAGUSD
by AwesomeAvani
XAGUSD This probably the last wave before the huge move to the upside happens. I still maintain a bias of commodity currency boom and commodities long term view. With a basic understanding, Say's law. The one thing giving true value to commodities and commodity currencies is really green energy policies. Suddenly we have a shortage of everything everywhere. The transition from something that works to something that might work without a financial economy of its own is why we have shortages or everything right now. I believe we have one cycle before all these policies are reversed as we have seen in some cases lately, but we ain't there yet.
OANDA:XAGUSDShort
by Beclinks_Capital
2
XAGUSD possible pullback for intraday traders (H1)Good day traders, If you saw my previous Silver/ XAGUSD market analysis, you will know that I'm bullish bias on the weekly timeframe but what happens to the traders trading on lower timeframes? This is what you need to know: Silver is trading in a range on the hourly timeframe. We have a concrete resistance that we are currently approaching. Should the market reject, we will see the XAGUSD carry out this plan. It will than short to retest our support and slightly break through it to complete our ABCD bullish trendhike which will be the final confirmation we need for our XAGUSD W1 bullish market analysis. We will however close the day above the market opening price. Please share your thoughts. Disclaimer NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
OANDA:XAGUSDShort
by Mezzoforte_Privilege
3