Long idea on SILVERBased on Fibonacci (prophetic style) and KUNTA pattern
Stop loss at 27.433
targets at 28.342 and 28.757
SILVER trade ideas
XAGUSD - Bullish TrendXAGUSD is breaking previous consolidation zone and making Higher High. it may continue its bullish trend.
SILVER Is Going Up! Buy!
Here is our detailed technical review for SILVER.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 27.827.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 29.953 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!
SILVER BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are now examining the SILVER pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 29.312 level.
✅LIKE AND COMMENT MY IDEAS✅
Heading into 61.8% Fibonacci resistance?XAG/USD is rising towards the resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 28.66
Why we like it:
There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement.
Stop loss: 29.44
Why we like it:
There is a pullback resistance level which lines up with the 50% Fibonacci retracement.
Take profit: 27.63
Why we like it:
There is a pullback support level.
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.
Bearish reversal?The Silver (XAG/USD) is rising towards the pivot and could reverse to the 1st support.
Pivot: 28.67
1st Support: 28.03
1st Resistance: 29.42
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.
SILVER (XAGUSD): Detailed Technical Outlook & Buying Signal ↪️Silver is currently experiencing a slight downward trend in its trading on a daily chart. It is following a falling parallel channel and has recently consolidated within a horizontal range on a 4-hour time frame.
A bullish breakout above the support of this range indicates strength from buyers and suggests potential for further growth.
The first target for this upward movement is the current local high of 29.03. However, if the price rise above this level, it may grow to at least 30.00 psychological level then.
SILVER - BUY - DAILYSilver seems giving Reentry for Buying for Long
Good RR, And less Risk
Once can Go for Long for Swing.
XAGUSD - Bullish"The Price has given a breakout from double bottom neckline at 28.3588
Buyers will remain in control above necline support.
Along with forming Double Bottom, we have observed Bullish divergence. The uptrend is expected to remain valid till 30.4856
Silver vs SPXSilver /SPX ratio pivot appears to be complete...expect major move in silver along with possible pull back in spx to drive this ratio up substantially.
Silver (XAGUSD) how to construct a trade:Medium bullish take:
OANDA:XAGUSD is trading around the $30 price level for the first time in years. Is there a trade here? Could we see $40 by EOY? Let’s draw some charts:
We're trading in a Bullflag at the $30 level
Triple top, we're not quite ready to hold above the level
Find nearby price targets
Establish long term support lines
Use momentum indicators and price action to draw a reasonable path which engages the price structures you've established.
So according to our charts, we should expect a bounce above $27 Be mindful, there are exogenous events that push the price around. Shifts in the macro landscape will impact the path price takes.
For details, I've included a fun GIF, animating the construction of this chart. Check out my twitter for more!
NOTE: Original idea posted 7/23
SILVER BULLS WILL DOMINATE THE MARKET|LONG
Hello,Friends!
The BB lower band is nearby so SILVER is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 29.455.
✅LIKE AND COMMENT MY IDEAS✅
SILVER, BUY at 27.950 TP=28.185 SL=27.793 at 27.950 TP=28.185 SL=27.793
Another signal from Frankie.
BUY SILVER, buy gold, they are going up.
SILVER TO SOAR silver might make a minor pull lower to 28 with NFP and then rise to the sky within the month. looking for a long position to 32 dollars. trade with caution, use proper risk management. don't risk more than 1 % on any position.
XAGUSD BULLISH SETUPSilver has been on a bearish trajectory, but the emerging Gartley pattern on the 4-hour time frame suggests that a reversal could be imminent. The Potential Reversal Zone derived from the Gartley pattern provides a critical area to watch for potential bullish reversals. Traders should use confirmation tools and manage risk accordingly to capitalize on this potential reversal opportunity.
long Idea On Silver based on Fibonacci (Prophetic style)
Change in MOmo
stop loss at @27.42
targets @28.33' 28.55 and 28.81
SILVER (XAGUSD): Intraday Bullish Confirmation?!After analyzing the price movement of silver earlier today, I noticed an ascending triangle pattern with a confirmed breakout above its neckline.
This indicates strong buying activity. The breakout happened after testing a key support level we previously mentioned. I believe the upward trend may persist today, with a target price of 28.60.
XAGUSD I do expect eventually silver will breakout and go a lot higher. If you find this work useful push like please.
Silver H4 | Bearish momentum in placeSilver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 28.69 which is a pullback resistance.
Stop loss is at 29.80 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance.
Take profit is at 27.62 which is a pullback support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
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.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Could Silver rise from here?The price is reacting off the resistance level which is a pullback resistance and could potentially rise from this level to our take profit.
Entry: 28.02
Why we like it:
There is a pullback resistance level.
Stop loss: 27.43
Why we like it:
There is a pullback support level.
Take profit: 28.65
Why we like it:
A pullback resistance level 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.
Can silver continue to fall?📊According to the selling pressure in the market, if the range of 27.60 units is broken and the price stabilizes below it, the price may fall to the range of 27.10 units🎯, and in the case of the strength of the range of 26.50 units🎯🎯.
📊Otherwise, the possibility of price increase up to the range of 28.60 units.
Silver likely more downside to come...Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Looking at the chart.it seems more bearish than bull, likely looking for pullback to short.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
