XAGUSD. Buying opportunitiesHey traders!
The daily and hourly timeframes point to longs. It's possible to look for buying opportunities. The first target is the hourly timeframe target.
Details on the chart.
I wish you profitable trades!
SILVERCFD trade ideas
Silver is indecisiveSilver is indecisive, in a triangle, near to breakout.
It could give a false breakout.
Breakout confirmation is necessary to find its future.
The only confirmation is the break of its recent swing High or Low.
Silver (XAG/USD) Rising Wedge Breakdown – Bearish SetupMarket Overview & Context
Silver (XAG/USD) has been in a strong uptrend, forming higher highs and higher lows over the past few weeks. However, recent price action suggests a potential shift in momentum as a bearish Rising Wedge pattern emerges. This technical pattern often signals a possible trend reversal or correction.
This analysis focuses on a 4-hour (H4) chart, which provides a medium-term perspective for traders. The market has recently encountered a strong resistance zone, and multiple price rejections indicate a potential downward move.
Chart Pattern: Rising Wedge Formation
The Rising Wedge is a bearish reversal pattern that occurs when the price moves higher within two converging trendlines. This structure suggests that while buyers are still in control, their momentum is weakening.
Key Characteristics of the Rising Wedge in This Chart:
Uptrend with Weakening Momentum:
The price has been rising, but the higher highs are becoming less aggressive.
The slope of the highs is flatter compared to the lows, which indicates declining bullish strength.
Converging Trendlines:
The price is getting squeezed between support and resistance.
This tightening range typically precedes a breakout, with a higher probability of a bearish breakdown.
Bearish Implications:
A breakdown below the wedge’s lower trendline confirms bearish sentiment.
The price could drop sharply toward the next major support level if sellers gain control.
Key Technical Levels & Trading Strategy
1️⃣ Resistance Zone (Supply Area) – $34.50 to $34.60
The price has repeatedly tested but failed to break above this zone.
This confirms that sellers are active in this area, leading to multiple rejections.
A strong supply zone, making it an ideal stop-loss placement for short trades.
2️⃣ Support Level (Demand Area) – $30.50 to $30.60
This level has acted as major support in previous price action.
If the breakdown occurs, this is the primary downside target for sellers.
3️⃣ Stop Loss – $34.61
Positioned just above resistance to minimize risk exposure.
Ensures that if price moves against the trade, losses are contained.
Trading Plan & Execution
📉 Short (Sell) Setup – Bearish Breakdown Expected
✅ Entry: A confirmed breakout below the rising wedge’s support trendline (~$33.50 - $33.80).
✅ Stop Loss: Placed slightly above $34.61, ensuring risk control.
✅ Target: $30.56, aligning with previous support zones and technical projections.
Risk-Reward Analysis
Entry at breakdown (~$33.50)
Stop loss (~$34.61) – Risk: ~1.1 points
Target (~$30.56) – Reward: ~2.9 points
Risk-to-Reward Ratio: ~1:3, making this a highly favorable short setup.
Confirmation Signals to Watch Before Entering a Trade
📉 Break and Retest of Support as Resistance
If price breaks below wedge support and retests it as new resistance, it strengthens the bearish case.
📉 Volume Spike on Breakdown
A sharp increase in volume when breaking support confirms strong selling pressure.
📉 RSI Divergence (Bearish Signal)
If the Relative Strength Index (RSI) shows lower highs while the price makes higher highs, it suggests momentum weakness and a pending breakdown.
Potential Trading Scenarios
📌 Bearish Scenario (High Probability) – Breakdown Confirmation
If the price breaks below the wedge’s lower trendline and closes below $33.50, it will likely accelerate downward toward $30.56. Traders should enter short positions and hold for the target while managing risk with stop-loss levels.
📌 Bullish Scenario (Low Probability) – Invalidating the Pattern
If the price breaks above $34.60 and holds, the rising wedge pattern is invalidated. This would signal continued bullish strength, and traders should avoid short positions.
Conclusion & Final Thoughts
✅ The Rising Wedge Pattern suggests a potential bearish reversal in Silver (XAG/USD).
✅ If the price breaks the lower trendline, a drop toward $30.56 is highly probable.
✅ Traders should wait for confirmation signals before entering a trade.
✅ Risk management is crucial, with a stop-loss above $34.61 to minimize exposure.
🔹 This setup presents a strong risk-to-reward opportunity, making it ideal for traders seeking short positions in Silver.
Silver Breakdown: Rising Wedge Bearish Move Towards Target1. Chart Overview
This 4-hour (H4) chart of Silver (XAG/USD) shows a clear Rising Wedge Pattern, a bearish technical formation. The price action recently broke below the lower support trendline, confirming a downside move. Several key levels, indicators, and trading strategies can be derived from this setup.
2. Identified Chart Pattern: Rising Wedge (Bearish Reversal)
A Rising Wedge is a pattern that forms when price consolidates between two upward-sloping trendlines, with the support line rising at a steeper angle than the resistance line. This pattern is considered bearish because it signals weakening buying pressure and an impending breakdown.
Uptrend Formation: The price had been moving within a wedge, forming higher highs and higher lows.
Volume Considerations: A wedge breakout is often accompanied by increasing volume, further confirming the trend shift.
Breakout Confirmation: The price has decisively broken below the lower boundary of the wedge, indicating that sellers are taking control.
3. Key Technical Levels & Trading Strategy
Resistance Level (Rejection Zone) – $34.00 - $34.50
The upper boundary of the rising wedge acted as strong resistance.
Multiple price rejections confirm sellers' dominance in this area.
Any future retest of this level may provide a new opportunity for short entries.
Support Level (Broken & Retested) – $32.50 - $32.80
This zone previously acted as strong support, preventing price from falling lower.
Now that price has broken this support level, it could act as resistance if a retest occurs.
A confirmed rejection here will further validate the bearish outlook.
Stop Loss Placement – $34.16
A logical stop-loss placement is slightly above the previous swing high and resistance area.
If price moves above this level, it would indicate that the breakdown has failed, invalidating the bearish setup.
Bearish Target – $30.76 (Measured Move Projection)
This level is derived from the height of the rising wedge pattern projected downward.
The area around $30.76 aligns with a previous support zone, making it a reasonable target for the current breakdown.
4. Price Action & Future Expectations
Current Market Sentiment: Bearish
The break below the wedge confirms a bearish sentiment.
A slight retracement to the previous support (now resistance) around $32.80 - $33.00 is possible before further downside.
If selling pressure remains strong, Silver is likely to reach the $30.76 target in the coming sessions.
Alternative Scenario: Bullish Recovery
If the price moves back above $34.16, the bearish outlook is invalidated.
A sustained move above this level could indicate a false breakdown and may push Silver toward new highs.
5. Trading Plan Based on This Setup
🔹 Entry Strategy:
Look for a retest of the broken support zone ($32.80 - $33.00) to enter short positions.
A rejection from this level with bearish confirmation (e.g., a bearish engulfing candle) strengthens the trade setup.
🔹 Stop Loss:
Placed above the wedge resistance at $34.16 to protect against false breakouts.
🔹 Take Profit Targets:
First Target: $31.50 (intermediate support level)
Final Target: $30.76 (measured move projection of the wedge)
6. Conclusion
This Rising Wedge Breakdown on Silver’s H4 chart presents a strong bearish trading opportunity with a well-defined risk-reward ratio. The break below key support signals continued downside, with $30.76 as the next major target. However, traders should monitor any retest of the broken support zone to confirm further selling momentum before entering new positions.
SILVER LONG/BUYBy utilizing Fibonacci retracement levels, historical patterns, , we can formulate a hypothesis that the market might follow a similar trajectory if bullish sentiment prevails.
Buying silver from 34.1 , limit order placedSilver is looking bullish , looking for 1:1 RR quick setup
Silver Wave Analysis – 27 March 2025
- Silver broke resistance area
- Likely to rise to resistance level 34.80
Silver recently broke the resistance area between the key resistance level 34.20 (top of the previous impulse wave i) and the resistance trendline of the daily up channel from January.
The breakout of this resistance area accelerated the active impulse wave iii of the higher impulse waves 3 and (C).
Given the clear daily uptrend, Silver can be expected to rise to the next resistance level 34.80 (former multi-month high from October) – from where the downward correction is likely.
SILVER BULLISH BREAKOUT|LONG|
✅SILVER is trading in a
Strong uptrend and the price
Made a bullish breakout of the
Key horizontal level of 3420$
On the trade war fears
Which reinforces our bullish
Bias and makes us expect a
Further bullish move up
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program a nd receive a monthly fee for using their TradingView charts in my analysis.
SILVER at Key Support Level – Will Buyers Step In?OANDA:XAGUSD is experiencing a corrective move after rejecting from the upper boundary of the ascending channel. The price has now reached the lower boundary of the channel, aligning with a key demand zone. This confluence of trendline support and horizontal demand increases the probability of a bullish reaction from this level.
If buyers maintain control at this level, we could see a rebound toward the $34.12 level, which aligns with the midline of the ascending channel. This level could serve as a short-term target within the current bullish market structure. However, failure to hold above this support zone could invalidate the bullish outlook and signal further downside.
Traders should monitor bullish confirmation signals, such as rejection wicks, increasing volume, or bullish engulfing patterns, before entering long positions.
If you agree with this analysis or have additional insights, feel free to share your thoughts here!
XAG/USD Trade Ideas: Navigating Key Resistance and Support ZonesSilver 's Next Move: Technical and Fundamental Insights for XAGUSD Traders 🚀📊
Technical Analysis 📊
The chart provided is a 4-hour chart of Silver (XAG/USD) with Fibonacci retracement levels applied. Here's a detailed technical breakdown:
Trend Analysis 📈:
The price has recently rebounded from a low near $32.90 and is now trading at $33.66.
The short-term trend appears bullish, as the price has made a higher low and is attempting to break higher.
Fibonacci Retracement Levels 🔢:
The Fibonacci retracement levels are drawn from the recent swing high to swing low.
The price has retraced to the 50% Fibonacci level ($33.35) and is now testing the 0% retracement level ($33.80), which acts as resistance.
The 61.8% retracement level ($33.24) and 78.6% retracement level ($33.09) are key support zones if the price pulls back.
Resistance and Support 🛑🛠️:
Resistance: The immediate resistance is at $33.80 (0% Fibonacci level). A break above this level could open the door to further upside, targeting $34.25 (50% Fibonacci extension).
Support: The first support is at $33.35 (50% Fibonacci level), followed by $33.24 (61.8% Fibonacci level).
Candlestick Patterns 🕯️:
The recent candles show indecision near the resistance level, indicating a potential pause or reversal.
If a strong bullish candle forms above $33.80, it would confirm a breakout.
Momentum 🚀:
The price is showing bullish momentum, but the resistance at $33.80 needs to be cleared for further upside.
Fundamental Analysis 🌍
Silver's Role as a Safe Haven 🛡️:
Silver often acts as a hedge against inflation and economic uncertainty. If there are concerns about global economic stability or inflationary pressures, silver demand could increase.
US Dollar Impact 💵:
Silver is inversely correlated with the US Dollar. If the USD weakens due to dovish Federal Reserve policies or poor economic data, silver prices could rise.
Industrial Demand ⚙️:
Silver has significant industrial applications, particularly in electronics and renewable energy. Any positive developments in these sectors could support silver prices.
Upcoming Economic Events 📅:
The chart shows upcoming economic events (likely US-related). If these events lead to USD weakness or increased market uncertainty, silver could benefit.
Trade Idea 💡
Scenario 1: Bullish Breakout 🚀
Entry: Buy above $33.80 (on a confirmed breakout).
Target: $34.25 (50% Fibonacci extension) and $34.50 (psychological level).
Stop Loss: Below $33.35 (50% Fibonacci level).
Scenario 2: Pullback and Rebound 🔄
Entry: Buy near $33.35 (50% Fibonacci level) or $33.24 (61.8% Fibonacci level) if the price pulls back.
Target: $33.80 (0% Fibonacci level) and $34.25.
Stop Loss: Below $33.00.
Scenario 3: Bearish Reversal 📉
Entry: Sell below $33.24 (61.8% Fibonacci level) if the price fails to hold support.
Target: $33.00 and $32.90.
Stop Loss: Above $33.50.
Conclusion ✅
The current setup favors a bullish bias 📈, but the resistance at $33.80 is critical. A breakout above this level could lead to significant upside, while a failure to break higher may result in a pullback to key support levels. Monitor price action closely around the Fibonacci levels and upcoming economic events for confirmation. ⚠️
Disclaimer ⚠️
This analysis is for informational purposes only and should not be considered financial advice. Trading involves significant risk, and you should only trade with capital you can afford to lose. Always conduct your own research or consult with a licensed financial advisor before making any trading decisions.
SILVER BEARS ARE GAINING STRENGTH|SHORT
SILVER SIGNAL
Trade Direction: short
Entry Level: 3,407.8
Target Level: 3,255.2
Stop Loss: 3,509.1
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Ride the Silver Surge: A Strategic Long-Term Trade Opportunity! 🚀 Silver: Bullish Setup Targeting $34.86 🚀
Silver presents a strong buy opportunity with bullish momentum building both technically and fundamentally. Here’s the updated setup:
Key Levels
Entry: $30.60
🎯TP1: $32.10
🎯TP2: $34.86
🛑 Stop Loss: $28.54
Why This Trade Looks Promising
1️⃣ Trendline Support: The price has rebounded strongly off a key ascending trendline, signaling continued bullish momentum.
2️⃣ Industrial Demand: Long-term demand for Silver is fueled by clean energy initiatives, including solar panels and EV production.
3️⃣ Bullish RSI: The RSI is trending upward, confirming growing buyer strength and potential for further price gains.
4️⃣ Long-Term Setup: This trade requires patience and is more suitable for traders with larger accounts, as the stop-loss is set wider to accommodate market fluctuations.
Market Context:
Silver remains fundamentally supported by rising industrial demand, inflation hedging, and the prospect of a weaker US Dollar in the months ahead. This longer-term setup aligns with both technical and macroeconomic trends, offering significant upside potential.
⚠️ Note: Please ensure this trade aligns with your account size and risk tolerance. For smaller accounts, a tighter stop-loss or different setup might be more appropriate.
Silver (XAG/USD) - Bearish Breakdown from Rising Wedge!Market Overview:
The Silver (XAG/USD) 1-hour chart reveals a Rising Wedge pattern, which is a well-known bearish reversal formation. This suggests that the recent bullish trend is losing momentum, and a breakdown could lead to a significant price decline.
🔹 Key Technical Analysis
1️⃣ Rising Wedge Formation & Breakdown
The price has been moving within a rising wedge, characterized by higher highs and higher lows but with weakening momentum.
A breakdown has occurred, confirming the bearish structure as the price has failed to sustain higher levels.
Historically, when a rising wedge breaks to the downside, price tends to drop by the same height as the wedge itself, which aligns with our projected target zone.
2️⃣ Price Action & Retest Possibility
After the breakdown, a retest of the broken wedge support (now resistance) around $33.50 - $33.80 could provide a potential short-selling opportunity.
If price fails to reclaim the wedge support, further downside pressure is expected.
3️⃣ Downside Target & Support Zone
The measured move suggests a decline towards the $31.00 - $30.60 region, which coincides with a strong historical support zone.
This area is highlighted as a potential profit-taking level for short trades.
📉 Trading Plan - Short Setup
🔸 Entry: Look for a rejection from the $33.50 - $33.80 zone (previous wedge support, now resistance).
🔸 Stop Loss: Above $34.00 to protect against false breakouts.
🔸 Take Profit: $31.00 - $30.60 (previous demand area).
🔸 Risk-Reward Ratio: Favorable setup, ensuring proper risk management.
🛑 Risk Factors to Consider
⚠️ If Silver regains strength and breaks back above $34.00, it could invalidate the bearish breakdown and shift momentum back to the upside.
⚠️ Macroeconomic events such as inflation data, Fed speeches, or geopolitical factors could influence price action unpredictably.
Silver Bearish Opportunity – Reversal Signals from Overbought ZSilver (XAG/USD) recently topped out near $33.85 and is now showing strong signs of a potential bearish reversal. Momentum indicators are cooling off, and price action is breaking below short-term support with a clear shift in sentiment.
🔍 Technical Highlights:
✅ Rejection from resistance near $33.85
✅ Bearish MACD cross with growing downside momentum
✅ RSI dropping from overbought territory
✅ Loss of 9 EMA support
✅ Lower high forming after sharp rally
✅ Weakening momentum following extended upside move
📉 Trade Setup:
🔴 Entry Zone: Current levels ($33.58–33.60)
🛑 Stop Loss: Above $33.86 (recent swing high)
✅ TP1: $33.35 – minor support
✅ TP2: $33.15 – previous structure level
✅ TP3: $32.90 – major horizontal support
📌 I’ve taken a short position here with a tight stop and a clean risk/reward profile. Watching for continuation as momentum shifts to the downside.
Let’s see how this unfolds 👀📉
XAGUSD potential bullish biasThis XAGUSD potential bullish bias is likely to play out in a few hours.
SILVER(Typical Chart Analysis)This Analysis gives Short term and Long term View of the Market..You are allow to comment below about any question relating to the 10 Elite Pairs that We Trade.Follow us for more chart Analysis.ENJOY!!
SILVER Sellers In Panic! BUY!
My dear friends,
My technical analysis for SILVER is below:
The market is trading on 34.116 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 34.330
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Silver Wave Analysis – 2 April 2025- Silver reversed from the support area
- Likely to rise to the resistance level 34.50
Silver recently reversed up from the support zone between the support level 33.50 (former monthly high from February), 20-day moving average, support trendline from February and the 50% Fibonacci correction of the upward impulse from March.
The upward reversal from this support area continues the active impulse waves iii, 3 and (C) – inside which Silver has been moving since December.
Given the strong daily uptrend, Silver can be expected to rise to the next resistance level 34.50 (the former monthly high from last month).
SILVER Will Go Higher! Buy!
Please, check our technical outlook for SILVER.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 3,378.2.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 3,425.6 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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XAG USD LONG RESULT Silver price was overall in a Bearish trend, but after the strong bear flag, price hit the support and wanted to retest the Resistance Zone before further Breakdown as going.
I entered the trade for a long, but price dumped a little just before moving to our TP.
Might have extended the SL zone but it's a loss I'm proud of. We go again 💪💯🔥.
_THE_KLASSIC_TRADER_.
XAG USD LONG RESULTThis is the result of my long Silver trade at the beginning of the week and it traded just as planned.
