XAU/XAG/COPPER/DXYGold, silver and copper are showing correlation, watch for subsequent reactions and make maneuversby signpuzzles0
SILVER BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! Bearish trend on SILVER, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 27.268. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 111
SILVER BEARISH BIAS|SHORT| ✅SILVER went up to retest The horizontal resistance Level of 29.00$ and we are Already seeing a bearish Reaction so a further Move down is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx111
XAGUSD Silver in Wave 3? On the way to $39 if so.....I am new to EW analysis but it would appear the corrective move is over and an impulsive wave should develop over the next few months. Macro forces of rate cuts and geopolitical risks would support this. A recession is almost guaranteed at this point but I think it will start beginning of 2025 or late 2024. Any input will be greatly appreciated, especially from people more experienced with EW. Thanks!Longby bbruzzese13
SILVER Will Fall! Sell! Hello,Traders! SILVER made a retest Of the strong horizontal Resistance level of 29.00$ And we are already seeing a Strong bearish reaction so We will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals116
SILVER (XAGUSD): Trading Plan Ahead of NFP↪️Today, we are anticipating the release of the US NFP Report. Here are the possible scenario for SILVER. On a 4-hour time frame, the price has formed a dynamic inverted head and shoulders pattern. If there is a bullish breakout above the dynamic neckline at 29.12 with a 4-hour candle close, it will confirm a strong bullish trend. We can expect a bullish continuation towards the psychological level of 30.00. It is advisable to wait patiently for a breakout and then follow the market accordingly.Longby linofx15517
Silver Supply RejectionSilver has just tested the Fresh Supply Zone, with a High Test Rejection Bar ( pin bar) , at a near 886 retracement of the prior upswing. Most retail traders are net long Silver ( 95%+) . The Contrarian View is to take the opposite. A trade is considered for Silver to retest the Demand Zone Below. Enter - now Stop - Above prior swing high Target - Conservative Demand Zone. Aggressive look to prior lowest low . RR = 2 by UmlingoUpdated 112
Potential bullish bounce?XAG/USD is falling towards the support level which is a pullback support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 28.15 Why we like it: There is a pullback support that lines up with the 50% Fibonacci retracement. Stop loss: 27.70 Why we like it: There is a pullback support. Take profit: 28.86 Why we like it: There is a pullback resistance that aligns with the 61.8% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarkets7
Bullish rise?The Silver (XAG/USD) has reacted off the pivot and could potentially rise to the 1st resistance which is an overlap resistance. Pivot: 28.18 1st Support: 27.90 1st Resistance: 28.81 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.Longby ICmarkets1118
SILVER ( TRYING TO RETEST A TURNING LEVEL (1) ) (4H)XAGUSD HELLO TRADERS Tendency , the price is under bearish pressure , after breakout channel . TURNING LEVEL (1) : the price of this level at 28.20 , so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 27.29 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 29.33 , for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 30.48, for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) SUPPORT LEVEL (1) : this level around 26.43, for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 25.23 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : currently price 27.80 , have two scenario , first corrective 28.20 before dropping to touch a 27.29 , then26.43 , second corrective 27.29 to reach a 28.20, then breaking this level reach a resistance level (1). TARGET LEVEL : RESISTANCE LEVEL : 29.33, 30.48 . SUPPORT LEVEL : 26.43 , 25.23 . Shortby ArinaKarayiUpdated 8
XAGUSDPair : XAGUSD ( Silver / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Completed " 12345 " Impulsive Waves Break of Structure and Retracement CHoCH Bearish Channel as Correction in Long Time Frame with the Breakout of Upper Trend Lineby ForexDetective4
XAGUSD- short, Silver shorts IF H4 closes below. The weekly is bearish and daily is bullish. Want to see that H4 shift bearish by closing below.Shortby Tradingdeck1
SILVERThis Weekly FORECAST Opportunity for SILVER. This setup trading idea is for intraday. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Shortby TREND-TITAN0
Double top for Silver, possible reversalDouble top can be an extremely bearish pattern, now we wait for the price of XAG/USD to drop below the support level (neckline) indicated on the chart in order to target the price around $28. Shortby Samo_DaniloUpdated 115
Silver- Ready for 35usd A few months ago, I wrote an XAG/USD analysis, predicting that Silver could rise by 10,000 pips to reach 35. Achieving such a significant target requires patience, and the price won't climb in a straight line. However, my long-term conviction remains unchanged: Silver will likely rise to 35 USD/oz. But as Keynes said, "In the long run, we are all dead," so let's focus on the short term. Recently, as shown in the posted chart, Silver broke below horizontal support. However, after a bullish Pin Bar formation a few days ago, the price reversed strongly and is now trading back at the old support, which has become resistance. This suggests the possibility of a false break. At this moment, given the proximity to resistance, a correction is possible. However, this correction should be seen as a good opportunity to buy in anticipation of a false break. Depending on your patience, you could set your target at 30, 32, or my long-term target of 35. Longby Mihai_IacobUpdated 3318
xag long, so easyThe upper boundary of the yellow downtrend channel has broken through and risen, while the lower boundary support position of the purple red uptrend channel has risenLongby trade1638222
Strong BUY IndicationBullish Trend Confirmation: Higher Highs and Higher Lows: The price action is forming a series of higher highs and higher lows, indicating a strong bullish trend. Trendline Breakout: The price has broken above a long-term descending trendline, signaling a potential shift from a downtrend to an uptrend. Technical Indicators: Moving Averages: The price is trading above key moving averages (e.g., the 50-period and 200-period moving averages), suggesting bullish momentum. A golden cross, where the 50-period moving average crosses above the 200-period moving average, is a particularly strong buy signal. MACD (Moving Average Convergence Divergence): The MACD line crossing above the signal line and moving into positive territory indicates increasing bullish momentum. RSI (Relative Strength Index): The RSI is rising and staying above 50, confirming the strength of the bullish move. However, it's not yet in the overbought territory, indicating room for further upside. Chart Patterns: Bullish Reversal Patterns: Formation of bullish reversal patterns such as a double bottom, inverse head and shoulders, or cup and handle. Breakout from Consolidation: Price breaks out from a consolidation pattern (like a rectangle or symmetrical triangle) on high volume, suggesting the beginning of a new bullish phase. Volume Analysis: Rising Volume on Up Moves: Increased volume during price advances and lower volume during pullbacks indicate strong buying interest. Volume Spikes: Significant volume spikes accompanying upward price movements, confirming the strength of the breakout. Fibonacci Levels: Retracement and Extension Levels: Price retracing to key Fibonacci levels (38.2%, 50%, or 61.8%) and showing strong support can provide a buy indication. Additionally, price targets can be set using Fibonacci extension levels. Fundamental Factors: Economic Indicators: Positive economic data or geopolitical events that favor precious metals as a safe-haven asset. Market Sentiment: Overall market sentiment turning bullish towards commodities and precious metals due to inflation concerns, currency devaluation, or other macroeconomic factors.Longby GoldenHorizonCapitalUpdated 12
Silver Follows Gold's Lead for Potential UpsideSilver, often moving in tandem with gold due to their strong correlation, has recently undergone a period of retracement. This pullback has prompted traders and analysts to search for a demand zone where silver can resume its upward trajectory, potentially leading to significant growth. Our analysis has pinpointed a key support area around the $27.500 level. This zone has shown its relevance as the price tested it with a spike, and Friday's session closed with a small indecisive bullish candle. This candle formation suggests a pause in the downtrend and indicates potential bullish momentum building up. The Commitments of Traders (COT) reports offer additional insight into market sentiment. These reports reveal the positions of large speculators and commercial traders, providing a deeper understanding of the market's undercurrents. Current COT data suggests an increasing interest in silver from major market players, further supporting the case for a potential upswing. Technical analysis also plays a crucial role in our assessment. Key indicators and chart patterns are aligning to suggest that silver is approaching a critical juncture. The $27.500 area has been identified as a significant support level based on historical price action. The combination of support at this level, along with the formation of a bullish candle of indecision, points towards a possible reversal in the near term. Seasonality trends offer yet another layer of confirmation. Historical data shows that certain times of the year are more favorable for silver prices. We are currently entering a period that has traditionally supported bullish movements in the silver market. This seasonal factor adds weight to our analysis and enhances our confidence in the potential for a price increase. Given the convergence of these factors—COT reports, technical analysis, and seasonality—we are considering opening a bullish position at the $27.500 level. This area appears to be a strategic entry point for capitalizing on the anticipated upward movement. As always, it's important to monitor the market closely for any further confirming signals before committing to a trade. In conclusion, silver's recent retracement offers a promising opportunity for traders. The identified support area around $27.500, combined with favorable COT data, technical indicators, and seasonal trends, suggests that silver may be poised for a bullish reversal. We are looking to open a bullish setup at this level, anticipating potential growth in the coming sessions. ✅ Please share your thoughts about SILVER in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.Longby FOREXN1Updated 1112
XAGUSD | XAG | Silver H4 at important Support LevelXAGUSD | XAG | Silver H4 at important Support Level perfect Bullish Pennant if this support works , OANDA:XAGUSD by XDataAnalystUpdated 2
SILVER - at resistance? what's next?? FOMC#SILVER. perfect move as per our video analysis and now market at near to his resistance area that is 28.90 keep close that region and if market hold it then again drop expected from here. othewise not at all. dont be lazy here. GOOD LUCK TRADE WISELYby AdilHussain731333Updated 0
SILVER Daily chart PivotVery critical level for Silver aka XAGUSD if it would be able to break the Pivot point it would get back to 31.50 otherwise we'll probably see 25.50 26 Levelby GlassICE2
XAGUSDThis is an update to the previous idea about XAGUSD. As expected, after accumulation and manipulation, and absorbing the sell-side liquidity, the price reacted from the zone of interest. Now, distribution should occur, and our further targets are the unabsorbed minor liquidity and, ultimately, the previous high. However, it is important to note that there is an imbalance along the way. The price might ignore this imbalance and continue as expected, or it could react to it, leading to a significant revaluation of the asset towards the liquidity marked by me on the chart below.Longby TraderNo007_2
[SILVER SELL] at 28.827 TP=27.780 SL=28.988Robot # SILVER_102 Posted a trade, you can follow. Trade details: at 28.827 TP=27.780 SL=28.988 Shortby orbborisson3