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.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Xagusdsignals
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.
XAGUSD continues to give excellent set-ups to trade.Silver (XAGUSD) couldn't have gone better on our last signal we gave (April 17, see chart below) as it did give us the pull-back inside Resistance Zone 1 that we wanted in order to buy and immediately rallied to the top of the Channel Up to hit our 32.00 Target:
Since the break-out, the metal entered a more aggressive Diverging Channel Up (blue), which after a Higher High, it pulls back to the 0.618 Fibonacci retracement level and then rallies to the -0.5 Fib.
As a result, we will wait until the price approached the 1D MA50 (blue trend-line) again as it did on May 02 and then buy, targeting 35.000 (just below the -0.5 Fib and at the Top of the Channel Up).
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SILVER (XAGUSD): End of Correction?! 🪙
Silver formed 2 bullish patterns on an hourly time frame
after a correctional movement.
I see a tiny double bottom formation and a falling wedge pattern.
Neckline / trend line of both patterns were broken.
We might see a bullish movement today.
At least to 30.9
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XAGUSD (Silver) Technical Analysis and Trade IdeaSilver (XAGUSD) has exhibited a robust bullish trend on the daily timeframe. We’re currently seeking a buy opportunity aligning with the trend continuation, assuming price action plays out as per the analysis presented in the video. The video covers essential aspects such as trend analysis, price action, market structure, and a potential trade idea. Remember to manage risk diligently when trading, and note that this information is purely educational and not financial advice. 📈👍
XAGUSD (Silver) Technical Analysis and Trade IdeaIn a recent video, I discussed a trade idea ahead of the ongoing XAGUSD (Silver) bull rally. Since then, we’ve witnessed a notable bearish movement. I’m closely monitoring the current price level for another potential buying opportunity, contingent upon price action confirming my analysis from the video. The market is currently exhibiting sideways movement, and if we patiently await increased volatility both above and below the range, we may be well-positioned to capitalize on a bullish trend. Specifically, I’m eyeing a break, re-test, and failure of the range on the 15-minute chart, provided we observe higher highs or lows forming.
The video delves into critical elements such as trend analysis, price action insights, market structure, and a potential trade setup. As always, exercise prudent risk management when trading, and remember that this information serves an educational purpose and is not financial advice. 🚀📊
Silver- Rise towards 30usd In my earlier analysis of OANDA:XAGUSD , I emphasized that bulls ought to monitor the price action closely, as Silver's correction might have concluded and previous resistance could now serve as support.
As anticipated, following a double Pin Bar formation in that area, Silver's price began to ascend, currently trading at 27.60, around an interim resistance level.
Given the bullish trend and the broader market structure, I anticipate a breakthrough above this level, leading to a continuation towards the $30 mark.
However, if the price falls below yesterday's low, it would temporarily halt this bullish scenario.
SILVER (XAGUSD): Pullback From Key Level 🥈
Silver is testing a key daily horizontal support at the moment.
I see a strong bullish reaction to that on an hourly time frame:
I see a confirmed breakout of a resistance line of a falling wedge pattern
and a double bottom formation.
I expect a pullback at least to 26.64
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XAGUSD New Bull Cycle but pull-back possible. Buy it.Silver (XAGUSD) easily broke through the 25.000 Target we set 2 months ago (February 15, see chart below) and invalidated the Triangle pattern as it is entering into a new long-term Bull Cycle:
This was achieved as it broke above the 2-year Resistance Zone 1 and the Triangle transitioned into a Channel Up. Last week it hit Resistance Zone 2 and technically we should be expecting a medium-term pull-back as this is close to the top (Higher Highs trend-line) of the Channel Up. Note that Resistance Zone 2 was formed after the August 2020 High.
We are looking for a buy within 26.500 - 26.000 to target the top of the Channel at 32.000. A Resistance Zone 2 break-out practically confirms the new Bull Cycle. We have to point out also the the 1W RSI broke last week above the 70.00 overbought barrier and is at the highest level since September 2020.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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SILVER (XAGUSD): Unstoppable Rally & Next Target 🪙
Silver keeps rallying and breaking the historical resistances.
The next goal for the buyers can be the structure that is based
on the highs of 2020 and 2021.
The area that unites these highs also has a psychological level within - 30.0.
The underlined blue will most likely reached soon.
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SILVER (XAGUSD): The Next Key Resistances 🪙
Silver is unstoppable.
Following Gold strongly bullish sentiment, XAGUSD keeps breaking
key resistances, one after another.
In comparison to Gold, Silver still has multiple historic resistances
to pay close attention to.
Resistance 1: 26.8 - 26.95 area
Resistance 2: 27.9 - 28.72 area
Resistance 3: 29.8 - 30.1 area
Look for pullback/breakout trades from these key structures.
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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.