Get started
Silver CFDSilver CFDSilver CFD

Silver CFD

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

SILVERCFD trade ideas

Buy OpportunitySilver (XAG/USD) Trading Signal Action: Buy Entry Price: 29.19 Take Profit (TP): 32.96 Stop Loss (SL): 28.83 Timeframe: 7 Days Projected Move: +12.83% 🔍 Summary: Silver is showing a potential reversal with strong support at 29.19. Indicators suggest a possible rally towards 32.96 USD/Oz over the coming week. Watch for confirmation from key resistance levels and the Squeeze Momentum Indicator. ⚠️ Disclaimer: This trading signal is based on technical analysis and is for informational purposes only. Please assess your risk tolerance and consult with a financial advisor before executing trades.
FX:XAGUSDLong
by GODOCM
Projected Silver Bottom Nov-Dec 2024: Key Levels & Support ZonesUsing Elliott Wave and Fibonacci analysis, I believe the 0.618 retracement level for silver at $29.75, from its recent high of $35, will act as solid support. From here, we could see a rebound to the 0.382 or possibly the 0.236 levels, bringing prices up to around $32 or $33 in the B wave, before correcting back down in the C wave. I expect the lower green support line to hold, making it unlikely that silver dips below $29.50, which aligns with the Elliott Wave principle, as the C wave is anticipated to slightly undercut the A wave. There’s a minor chance of a deeper dip to the 0.786 retracement level at $28, but if it does, I would expect strong buying interest at that point.
TVC:SILVER
by Aishman
Bearish drop?The Silver (XAG/USD) is reacting off the pivot which has been identified as an overlap support and could drop to the 1st support which is also an overlap support. Pivot: 30.09 1st Support: 29.13 1st Resistance: 30.93 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.
ICMARKETS:XAGUSDShort
by ICmarkets
XAGUSD 5000PIPSIdentify Major Trend: Long-term Technical Analysis: Review weekly or monthly charts to identify key support and resistance levels, as well as the overall trend. Silver tends to follow large cycles, so confirming a trend alignment in the right direction (bullish or bearish) is crucial. Technical Indicators: Use indicators such as the moving averages (50, 100, 200-day), RSI, and MACD to confirm the strength of the trend. Look for converging signals that align with your target direction. Set Entry Point: Fundamental News: Keep an eye on key economic indicators and news events that impact silver prices, like U.S. dollar movements, interest rates, and geopolitical events. Precise Technical Entry: Wait for a breakout from a key resistance or support level on shorter timeframes to enter in alignment with the long-term trend. Confirm entries with candlestick patterns, trendline breaks, or key price reversals on the daily or weekly charts.
OANDA:XAGUSDLong
by LORDOFTHETRADERS
Silver a long term gem! Silver may rise to new heights in the coming years due to its dual role as both an industrial metal and a safe-haven asset, with increasing demand fueled by its critical use in renewable energy technologies like solar panels and electric vehicles, potential supply constraints, and heightened investor interest amid economic uncertainty and inflationary pressures; additionally, the giant cup and handle pattern shaping up on long-term charts suggests a significant technical breakout could propel prices to record levels if resistance at historical highs is surpassed.
TVC:SILVERLong
by ndp360
2
XAGUSD / TRADING UNDER DOWNWARD PRESSURE / 4HXAGUSD / 4H TIME FRAME HELLO TRADERS Overall Trend , The prices are currently under downward pressure, suggesting that the market is in a bearish phase until a breakout occurs from the current trading channel. Demand Zone , The asset is attempting to reach a demand zone, which is between 30.27 and 30.01. If the price stays above this range, it is expected to rise toward the supply line at 32.03. If the price stabilizes above the demand zone, there is a potential for upward movement toward the supply zone, which lies between 32.55 and 32.92. This suggests a possible reversal or rally in price. Conversely, if the price breaks and stays below the demand zone, it indicates a further downward movement, with the next target being the FVG (Fair Value Gap) area, between 29.71 and 29.16. This would suggest that the market is under significant bearish pressure. Supply Zone , The overall sentiment remains bearish until the price moves above the supply zone (between 32.55 and 32.92). As long as the price is trading below this range, downward pressure is expected to persist.
OANDA:XAGUSDShort
by ArinaKarayi