#XAGUSD 4HXAGUSD (4H Timeframe) Analysis
Market Structure:
The price is currently respecting a wedge trendline resistance, which suggests that upward momentum is weakening. This pattern indicates a potential bearish reversal if the price fails to break above the resistance and starts moving downward.
Forecast:
A sell opportunity may arise if the price confirms rejection at the wedge trendline resistance, signaling the possibility of a move toward lower support levels.
Key Levels to Watch:
- Entry Zone: After the price shows clear rejection from the trendline resistance.
- Risk Management:
- Stop Loss: Placed above the trendline resistance or the recent swing high to minimize risk.
- Take Profit: Target the lower boundary of the wedge or nearby support zones for potential downside movement.
Market Sentiment:
The wedge trendline resistance indicates bearish sentiment, with sellers likely to gain control if the price fails to break above the resistance. Waiting for confirmation of rejection ensures alignment with market momentum.
SILVERCFD trade ideas
XAGUSD Ideathis pair is on a h4 timeframe resistance zone so we're looking for a short position on a lower timeframe
this is the ascending channel on M15 timeframe which is a valid trendline because o the 3 touches
now we're waiting for a M15 candle to close below the last touch standing on the trendline to enter a sell (short) position
Good luck fam
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XAG/USD "Silver vs US Dollar" Metal Market Heist Plan๐Hi! Hola! Ola! Bonjour! Hallo!๐
Dear Money Makers & Robbers, ๐ค ๐ฐ
Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the XAG/USD "Silver vs US Dollar" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.๐ช๐๐
Entry ๐ : You can enter a Bull trade after the MA level Breakout 30.860
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss ๐: Using the 4H period, the recent / nearest low or high level.
Goal ๐ฏ: 32.300 (or) Escape Before the Target
Scalpers, take note ๐ : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money ๐ฐ.
Fundamental Outlook ๐ฐ๐๏ธ
Based on the fundamental analysis, I would recommend a bullish outlook for XAG/USD.
REASONS FOR BULLISH OUTLOOK
Increasing Demand: The demand for silver is increasing due to its use in various industries such as electronics, solar panels, and medical devices.
Limited Supply: The supply of silver is limited, which could lead to a shortage and drive up prices.
Inflation Hedge: Silver is often seen as a hedge against inflation, and with the current inflation rate rising, investors may turn to silver as a safe-haven asset.
Central Bank Buying: Some central banks, such as the People's Bank of China, have been buying silver in recent months, which could support prices.
Technical Analysis: The technical analysis suggests that XAG/USD is forming a bullish trend, with a rising 50-day moving average and a bullish MACD crossover.
UPCOMING NEWS AND EVENTS
Federal Reserve Meeting: The Federal Reserve is scheduled to meet on March 20, 2023, which could provide insight into future interest rate decisions and impact XAG/USD prices.
US Inflation Data: The US inflation data is scheduled to be released on March 12, 2023, which could impact XAG/USD prices if it shows a significant increase in inflation.
Silver Institute Report: The Silver Institute is scheduled to release its annual report on April 15, 2023, which could provide insight into global silver supply and demand trends...................
Trading Alertโ ๏ธ : News Releases and Position Management ๐ฐ ๐๏ธ ๐ซ๐
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
๐Supporting our robbery plan will enable us to effortlessly make and steal money ๐ฐ๐ต Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.๐๐ช๐คโค๏ธ๐๐
I'll see you soon with another heist plan, so stay tuned ๐ซ
Silver. Lower Low, Lower Highs. Posible break of down trend ? Silver is in an interesting situation. The last 4 months lower highs and Lower lows form.
There is very decent support at 28.500.
currently it look as if silver wants to break the downward going trend line. But we need confirmation of that.
I'm slightly bullish.
SILVER Will Go Up! Long!
Here is our detailed technical review for SILVER.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 30.469.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 31.385 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.
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Silver H4 | Potential bullish bounceSilver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 30.17 which is a pullback support.
Stop loss is at 29.60 which is a level that lies underneath an overlap support and the 78.6% Fibonacci retracement level.
Take profit is at 30.96 which is an overlap resistance that aligns with the 61.8% Fibonacci retracement level.
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. 64% 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.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.
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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
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SILVER SHORT FROM RESISTANCE
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 29.300.
โ
LIKE AND COMMENT MY IDEASโ
Silver scalling opportunity Last month, I shared a setup on TradingView, suggesting a long position on silver. Today, Iโm presenting another scaling opportunity as our trade is progressing well. Both the fundamentals and technicals support us, and Iโll be going long from the identified demand zone
XAG/USD "Silver vs US Dollar" Metal Market Heist Plan๐Hi! Hola! Ola! Bonjour! Hallo!๐
Dear Money Makers & Robbers, ๐ค ๐ฐ
Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the XAG/USD "Silver vs US Dollar" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.๐ช๐๐
Entry ๐ : You can enter a Bull trade after the MA level Breakout 30.200,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss ๐: Using the 3H period, the recent / nearest low or high level.
Goal ๐ฏ: 31.400 (or) Escape Before the Target
Scalpers, take note ๐ : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money ๐ฐ.
Warningโ ๏ธ : Our heist strategy is incompatible with Fundamental Analysis news ๐ฐ ๐๏ธ. We'll wreck our plan by smashing the Stop Loss ๐ซ๐. Avoid entering the market right after the news release.
Fundamental Outlook ๐ฐ๐๏ธ
The XAG/USD pair is expected to move in a bullish trend, driven by several fundamental factors:
Increasing Demand: Silver demand is increasing, driven by its use in industrial applications, such as solar panels and electronics.
Limited Supply: Silver supply is limited, which could lead to a shortage and drive up prices.
Inflationary Pressures: Inflationary pressures are rising, which could lead to an increase in silver prices as investors seek safe-haven assets.
Weakening US Dollar: The US dollar is weakening, which could lead to an increase in silver prices as investors seek alternative assets.
Key Factors:
Industrial Demand: The increasing demand for silver in industrial applications is expected to drive up the price of silver.
Investment Demand: The ongoing economic uncertainty and inflation concerns are expected to drive up investment demand for silver.
Supply Constraints: The limited supply of silver and the decreasing production levels are expected to support the price of silver.
Market Sentiment:
Bullish Sentiment: 70%
Bearish Sentiment: 25%
Neutral Sentiment: 5%
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away ๐ฏ Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
๐Supporting our robbery plan will enable us to effortlessly make and steal money ๐ฐ๐ต Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.๐๐ช๐คโค๏ธ๐๐
I'll see you soon with another heist plan, so stay tuned ๐ซ
SILVER POSSIBLE BUY?The market is currently testing the current Daily 0.5 Fib area. Based on 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible reversal.
We could see BUYERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
XAGUSD - looking to strong bullish Hello mates, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is always setting a Stop Loss when opening a trading position, which ensures every trading is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!
SILVER Trading Opportunity! BUY!
My dear subscribers,
SILVER looks like it will make a good move, and here are the details:
The market is trading on 30.376 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 30.638
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
SILVERThe current directional bias for silver is bullish, driven by a combination of factors:
Fundamental Factors
1. Industrial Demand: Silver's industrial demand is increasing, particularly in the solar and electronics sectors, due to its conductive properties.
2. Supply and Demand Imbalance: The silver market has experienced a supply deficit in recent years, which is expected to continue, supporting higher prices.
3. Investment Demand: Silver's investment demand is rising, driven by its perceived value as a safe-haven asset and its relatively low price compared to gold.
Technical Factors
1. Trend Line Break: Silver has broken above a key trend line, indicating a potential change in trend.
2. Support Level Hold: Silver has held above a significant support level, which could lead to further upside.
Industrial Applications
1. Solar Panels: Silver is used in solar panels due to its high conductivity and reflectivity.
2. Electronics: Silver is used in electronics, such as switches, contacts, and connectors, due to its high conductivity and durability.
3. Medical Applications: Silver is used in medical applications, such as wound dressings and implantable devices, due to its antimicrobial properties.
4. Automotive: Silver is used in the automotive industry, particularly in the manufacture of catalytic converters.
Silver Breakout? or FakeoutMetals look to have tailwinds with bonds finding support (real rates coming off), DXY stabilising, and the incoming trump administration. The charts are constructive with possible early breakouts. If upward momentum continues then price will likely target recent highs and then possibly higher after consolidation or pullback.
Possible risks to trade include resumption of bond decline with rising real rates and USD strength.