Silver Might See A RecoverySilver lost more than 4% in value on today's trading day. Recently, there have been signs of stabilization, supported by clear bullish divergences. We currently assume that the silver price could temporarily recover to the area of the POC of today's downward movement.Longby OchlokratUpdated 1
XAGUSD VIew!!Silver prices remained around $30.30 per ounce on Tuesday, following a more than 3% decline in the previous session, as demand for safe-haven assets like precious metals faded. The pullback came amid reports that Israel and Hezbollah were nearing a ceasefire agreement, which helped ease tensions in the Middle East. Market sentiment was further bolstered by the nomination of Scott Bessent as US Treasury Secretary, which brought a sense of stability to investors.Shortby FXBANkthe80550
XAGUSD H&S PatternIf this head n shoulder pattern triggers this means we will see Gold at around 2340 and Silver at 28 to be exact i don't have any scenario for a bullish case rt now until it has proven otherwiseShortby GlassICE1
Silver Strategic Outlook 2025: Bulls will Target $40 USD 50% BUY🔸Hello guys, today let's review D1 price chart for SILVER. 5 waves impulse in progress, currently wave 3 completed and we are entering wave 4 pullback / re-accumulation stage right now. 🔸Well defined 5 waves structure, with two re-accumulation zones in wave 2 / wave 4. Impulse projected to end in 2025 with wave 5 and bulls will target 40 USD. 40 USD will cap the upside in precious metals and will result in ABC correction in 2026. 🔸Recommended strategy position traders: BULLS should focus on buying low from the lows of the re-accumulation zone, so the best entry to BUY/HOLD is near 27/28 USD. TP is 40 USD. 50% unlevereged upside in this trade. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss. Longby ProjectSyndicateUpdated 1717240
Silver daily viewH&S pattern is clear with uptrend weakness Waiting for breaking the neckline and the trendline for short trade with good RR ratio up to the next support levelShortby FOCUSFOREX_TRADERS_FFT0
XAG/USD new and old target is over 34 firstlyThen second target is 39 and third target is 45. Trend is still in sleep, but time is ready to wake up to follow the trend to 45.Longby solidPlayer388982
Lackluster Slow-Silver Long . Volumes will pick up. I think that gold and silver might've found a bottom in their correction. But really the movement in this buy long in silver is non existent, a similar story with gold. But London and Europe will be opening in the few hours ahead as the Australian session comes to a close, hopefully theres a few silver and gold buyers that can pick up the momentum a bit in this trade. You would not be alone in thinking that this long trade right now in precious metals could sell-off at anytime and move lower. Precisely what happened in Bitcoin earlier as it sold. But how quickly all of the Crypto's turned green and it looked like no selling had even occurred. BTCUSD, DOGEUSD and many others looked like they were carrying some overbought weight on their daily's. Below is the Silver daily chart. Another reason this is so slow in momentum currently is because price on the daily is below all of the key moving averages, 200ema, 50ema and even 21 ema the Silver price is just beneath. Longby Easy_Explosive_TradingUpdated 2
SILVER BULLS ARE STRONG HERE|LONG Hello, Friends! Bullish trend on SILVER, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 31.455. ✅LIKE AND COMMENT MY IDEAS✅ Longby EliteTradingSignals113
xag buy positionbuy now (30.500-30) sl (29.870) tp1 (31.55) tp2 (33.17) tp3 (34.86) Follow Please!Longby Dollars_Maker2
SILVER Will Go UP! Buy! Hello,Traders! SILVER is going down Sharply but a strong Horizontal support is Ahead at 29.70$ and As we are locally bullish Biased we will be expecting A local bullish rebound Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Longby TopTradingSignals228
Accumulate small lot silver >profitGold.Supported daily 200ema. Silver is usually a bit more expensive to buy than gold, but this also compounds the profits. Look at this daily chart with white line 200ema. This is the chart that screams buy at these low levels in Silver. Use a stop loss just under the low today 30.04.Longby Easy_Explosive_Trading0
XAG/USD 20.11.2024FXOPEN:XAGUSD Hello Traders, Here are my thoughts for the coming days/weeks/months, based on the Elliott Wave method: It’s clear that we’ve topped out at wave (3).I anticipate seeing an ABC correction forming within the overall wave A to B. Fibonacci target levels for the smaller wave C can be drawn once wave B is established. My plan is to short at the 78% Fibonacci level where also a high volume area is, stopploss would be above the last high take profit would be all the way down to wave 4. Along the way, I’m looking for a clean 1-2-3-4-5 setup from the larger wave (B) to the larger wave (C). If you have any questions, feel free to ask! ;)Shortby NeptenFXUpdated 3
Minor Structure + Momentum: Part OneWhen analyzing momentum, the most important question to consider is: Where should I focus my analysis of momentum? Many traders often find themselves confused by the concept of "momentum" as they try to derive meaning from every single candlestick movement. The straightforward answer is: Analyze momentum when the price is at key levels or is getting close to them! In particular, for minor structures (trends), you should pay close attention to momentum near the 13 and 20 EMAs, as we do in ARZ Trading System. Keynotes: a minor trend is still valid, if these two key points are continuously happening: 1. We always expect a loss of momentum for price when approaching the key levels, and gaining momentum when it's moving away from them, in the direction of the trend. 2. A very important sign of gaining momentum is crossing and closing the whole previous candle(s). Let's analyze this chart: - It is obvious that candles #1 to #3 are showing a loss of momentum, but they are far from key levels and it just might mean a retracement, which happened. But again it might not retrace at all! - from #3 to #4, we see price is gaining momentum, which is not good! so both key levels could easily break, which happened. But again in #5 and #6, we see the price losing momentum in the opposite direction of the previous downtrend, and gaining it in the direction of the minor downtrend. so everything is good. - Again #7 confirms the momentum in the direction of minor downtrend. - In retracement up until #8, the price is gaining momentum upward, which is not good. But candles #9 through #10 again are in our favour. - the correction to #11 is not looking good for a downtrend, and in the next candles, to #13 we are not convinced that sellers are stronger. So, we are cautious here. And the price finally gains momentum upward and we reach #14. - From #15 to #16, momentum is the same for both buyers and sellers. It is a tight range and can do nothing until we see a clear sign of gaining momentum (or losing) in one direction. And the sign came in the shape of candle #17. If this tight range were to continue, it should have been a bullish strong candle.Educationby forexise5
Silver Yearly Log Scale ChartWith just about one month left in the trading year... All interested eyes should be on this silver yearly chart. #silver #historical by Badcharts6
SILVER: Bullish Continuation is Highly Probable! Here is Why: Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the SILVER pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals113
SILVER (XAGUSD): Pullback From Support I bought silver from a key daily/intraday horizontal support after a breakout of a neckline of a cup & handle pattern on an hourly. I expect a pullback to 30.938 level. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader229
Silver could drop back under 30Unlike Gold, Silver showed far less volatility last week and behaved in a more technical manner. After peaking on Tuesday, Silver remained range-bound, even as Gold rallied an additional 700 pips. Currently, Silver is testing its support level, but I suspect this support will eventually break. Similar to my approach with Gold, my strategy for Silver is to sell into rallies. A potential first target for this drop is 29.70. Shortby Mihai_Iacob8
XAGUSD eyes bullish batsOn the 4-hour chart, XAGUSD is currently fluctuating and falling, with short-term bears in the ascendant. Currently, the support below can be seen around 30.87, and if the callback is in place, pay attention to the potential bullish bat pattern.by XTrendSpeed5
XAGUSD SELL TRADEThe Relative Strength Index (RSI) is showing a downward trend, indicating weakening momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bearish crossover, further supporting the potential for a downward moveShortby Mansa_Musa_Capital2
SILVER Will Go Up From Support! Long! Please, check our technical outlook for SILVER. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 30.769. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 32.322 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider118
Mon 25th Nov 2024 XAG/USD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAG/USD Buy. Enjoy the day all. Cheers. JimLongby JAGfx2
Silver is in the bullish trend after testing supportHello Traders In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET today XAGUSD analysis 👆 🟢This Chart includes_ (XAGUSD market update) 🟢What is The Next Opportunity on XAGUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters20006
SILVER SELL PROJECTION (INTRADAY)Silver 🥈 has been in an uptrend for weeks and we can clearly see a breakout from the uptrend and price is going to mitigate the zone to go short Shortby Silveryekerete3