SILVER Potential SELLThe price has broken below the ascending trendline, validating bearish potential and the price has just retested the descending resistance trendline. Looking at a SELL towards the support levels.Shortby BitTradeZone4
Bullish bounce?The Silver (XAG/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 32.70 1st Support: 31.91 1st Resistance: 34.46 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 ICmarkets5
SILVER $70.00My silver 5 year / 1 Week Chart! Silver will rise to the resistance line at $35 If it breaks it resistance line at $35 The next resistance trendline is around $37.50 If it breaks the resistance trendline around $37.50 It could blast around $70.00 lol I am making monthly videos on YouTube I called this move 2 months ago! I forgot to upload my idea on tradingview :( Tradingview blocked my last silver idea 6 days ago for putting my youtube links! lolLongby JCTRUTHER1
SILVER Bullish Bias! Buy! Hello,Traders! SILVER went down and Retested a horizontal Support of 32.60$ from Where we are seeing a Bullish rebound so as we Are bullish biased and we Will be expecting a further Bullish move up Sell! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Longby TopTradingSignals116
XAG USD SHORT RESULT After price missed my previous setup, I then decided to reenter at my Resistance zone a feq hours before the news and price moved even better than I anticipated the breakdown of the falling channel on Silver. _THE_KLASSIC_TRADER_.Shortby THE_KLASSIC_TRADER0
XAG USD SHORT Silver price was trading inside a falling channel before the major dump after the trump Tarrifs news. Which I set a short from the wicks of the previous zone, though price moved down as expected, it missed my entry price Shortby THE_KLASSIC_TRADER0
Sell SilverSilver is under pressure. On the hourly chart it fails to break $34. The first target is 33.40.Shortby kventinkaUpdated 1
XAGUSD 60mts trend analysis for April 02, 2025XAGUSD is likely to be bearish since Market Timing Indicator is indicating its bearish view for the rest of the day. We are waiting for the signal confirmation from Precision Scalper to take short entry.Shortby Mastersinnifty0
Silver quick look (Daytrade Idea)OANDA:XAGUSD FOR SILVER I'd wait for the 4hrs fvg and double bottom mitigated before looking for longs by JunmadayagUpdated 0
Silver should follow Gold downUrgent warning to fellow traders! Technical analysis suggests that Gold and Silver may have topped out and are heading much lower. If gold falls 50% to around 1690 or even to 1650 it will take silver with it. So this is not investment advise but is issued for educational purposes only. No responsibility will be taken for any losses you may incur. You are encouraged to do your own due dilegence.Shortby RaSantana0
XAGUSD | 31.03.2025SELL 34.3700 | STOP 34.9000 | TAKE 33.5500 | Downward movement.Shortby FXTradingOnLineUpdated 1
Looks weak. Can fall 3 - 8%Silver looks weak. Sell triggers can be as per your methods. Scope of 3-5-8% fall. Expecting DXY to move up sharply for a pullback in down trendShortby scalpandswings1
Silver, the most beautiful chart everSilver will make you money. Target $54 short term... then onward to $250 long termLongby keenhawks0
Silver buy setup for next weekSeeing that several demands have been broken and reclaimed, we look to having a bullish move still in view to the daily supply.Longby PrimeMastery0
XAGUSD | 26.03.2025SELL 33.7500 | STOP 34.280 | TAKE 33.050 | Local corrective movement.Shortby FXTradingOnLineUpdated 0
Silver (XAG/USD) Double Top Reversal โ Bearish Trading SetupThe provided 1-hour chart for Silver (XAG/USD) presents a well-structured bearish trade setup, highlighting key price action patterns, technical indicators, and confluence factors that suggest a potential downside move. Let's analyze the chart step by step to understand the logic behind this bearish trade setup. 1. Market Structure & Trend Overview Silver (XAG/USD) has been in a short-term uptrend, as indicated by the ascending trendline. However, the trend now shows signs of exhaustion, with a clear shift in market behavior. The price action reveals the formation of a double top at a strong resistance level, coupled with a Change of Character (CHOCH), which signals a possible reversal. A break below the trendline suggests that the bullish momentum is losing strength, and sellers are beginning to dominate the market. The combination of these elements makes this setup a high-probability short trade opportunity. 2. Key Technical Levels & Zones A. Resistance Zone ($33.96 - $34.20) โ The Selling Pressure Area The chart marks a clear resistance zone, where price has struggled to break higher. Two price rejections from this level indicate that sellers are actively defending this region. This zone serves as an ideal stop-loss area for short trades, as a breakout above this level would invalidate the bearish setup. B. Double Top Formation โ Reversal Pattern The price tested the resistance zone twice and failed to establish new highs, forming a double top structure. A double top is a well-known bearish reversal pattern, indicating a shift from bullish to bearish momentum. The second top (Top 2) aligns with a downward trendline, further confirming that sellers are stepping in at lower levels. C. Support Level ($32.60 - $32.80) โ Initial Reaction Zone This area has previously acted as a demand zone where buyers stepped in. If the price breaks below this support, it would confirm further downside movement towards the final target. D. Trendline Breakdown โ Loss of Bullish Momentum The dotted trendline represents the previous bullish trend, supporting price action for several days. A break below this trendline suggests a structural shift in market dynamics, meaning buyers are losing control. The failure to reclaim the trendline increases the probability of a deeper move downward. E. Target Level ($32.11 - $32.20) โ The Bearish Objective The projected target is based on the double topโs measured move, which suggests a price drop to at least $32.11. This level also coincides with previous historical price action, making it a strong confluence zone for profit-taking. 3. Trading Strategy & Execution Plan ๐ Entry Point: Aggressive Entry: Short position around $33.40 - $33.50, near the second top where price rejected the trendline. Conservative Entry: Wait for a confirmed break and retest of the support level at $32.80 before entering short. ๐ Stop-Loss Placement: The stop-loss should be placed above the resistance zone at $33.96. This level ensures that the trade is invalidated if the price breaks out higher. ๐ Take-Profit Target: Primary Target: $32.60, which is the first support level where price may temporarily react. Final Target: $32.11, aligning with the double top breakdown target and historical support. ๐ Risk-Reward Ratio: A minimum 1:2 risk-reward ratio, meaning for every 1% risked, there is a potential 2%+ gain. This makes the trade favorable in terms of risk management. 4. Confluence Factors Supporting the Bearish Outlook โ Double Top Formation โ A classic bearish reversal pattern. โ Lower Highs Formation โ Indicates increasing selling pressure. โ Trendline Breakdown โ A significant loss of bullish momentum. โ Resistance Zone Rejection โ Strong seller presence. โ CHOCH (Change of Character) โ Confirms a shift in market sentiment. 5. Risk Management & Alternative Scenario ๐ What If Price Moves Against the Trade? If the price breaks above $33.96, the bearish outlook becomes invalid, and a potential bullish continuation could follow. In this case: Stop-loss is triggered, and the setup is considered invalid. Traders should then wait for a new setup before re-entering the market. ๐ Market Conditions to Monitor: Volatility: Ensure there is enough momentum in the market before entering. Volume Confirmation: A break below support should have strong volume. News Events: Watch out for fundamental catalysts, such as US Dollar strength, economic data, and geopolitical events, which could influence Silverโs price movement. 6. Final Thoughts & Summary This chart setup provides a clear bearish trade opportunity based on technical analysis. The combination of double top formation, resistance rejection, trendline breakdown, and lower highs strongly supports the idea of further downside movement. ๐ก Key Takeaways: Bearish bias is valid as long as price stays below $33.96. Target is set at $32.11, with an intermediate support at $32.60. Risk-to-reward is favorable, making it an ideal short trade setup. If the market follows this expected scenario, this trade has the potential to yield significant profit while maintaining disciplined risk management. However, always stay alert to market conditions and adjust strategies accordingly.Shortby GoldMasterTrades0
Tariff Fears Drive Silver to $33.10Silver rose above $33.10 per ounce on Tuesday, snapping a four-day losing streak. The market focused on U.S. diplomatic efforts in the Russia-Ukraine conflict and escalating violence in the Middle East after an Israeli airstrike on a Gaza hospital. A weaker U.S. dollar also supported silver, with concerns growing that Trumpโs proposed tariffs could slow economic growth, fueling speculation of further Fed rate cuts. Meanwhile, investors assessed Chinaโs outlook after Premier Li Qiang urged global cooperation to stabilize economic conditions. If silver breaks above $33.75, the next resistance levels are $34.05 and $34.85. On the downside, support is at $33.10, with further levels at $32.50 and $32.15 if selling pressure increases.โฏby ChartMage2
Buy Silver#xagusd Silver has a chance to continue upward growth. The daily and weekly charts shows confirmation of further growth. Trade on hourly chart. The first target is 34.80 (the previous high). Set the stop loss at 33.50. Lucky trades to everyone!Longby kventinkaUpdated 3
Silver's Limited Rebound at $33.06Posting a modest rebound after last weekโs dip, silver currently trades around $33.06 per ounce. The recovery is limited as easing geopolitical tensions compete with the pressure from a strong U.S. dollar. Demand stays strong due to tariff uncertainty and inflation risks, but weak industrial outlook, mainly from China, and hopes for a Russia-Ukraine ceasefire are limiting silverโs gains. Still, tightening supply and global economic concerns are helping keep silver near five-month highs. If silver breaks above $33.75, the next resistance levels are $34.05 and $34.85. On the downside, support is at $33.10, with further levels at $32.50 and $32.15 if selling pressure increases.โฏby ChartMage3
BEARISH SWING XAGUSD SELLFeel free to wait for a pullback to the second entry or market execute. This sell should play out within the week. Happy Trading!!!Shortby amostrades0
Silver (XAG/USD) โ Rising Wedge Breakdown & Bearish Setup๐ Overview This 1-hour chart of Silver (XAG/USD) presents a textbook Rising Wedge pattern, which is known as a bearish reversal signal. The price was in a strong uptrend but started showing signs of buyer exhaustion, leading to a breakdown from the wedge formation. The chart clearly identifies: โ A Rising Wedge formation โ Resistance Level where price faced multiple rejections โ Breakdown Confirmation and shift in trend direction โ Projected Target & Stop Loss Zones This setup suggests a strong potential for further downside movement in silver prices. Now, letโs break it down step by step like a professional trader. ๐น Key Technical Analysis Breakdown 1๏ธโฃ Rising Wedge Pattern โ The Bearish Setup The Rising Wedge is a bearish reversal pattern that forms when price action moves higher within two converging trendlines. The slope of the lower trendline is steeper than the upper trendline, meaning that buyers are getting weaker. This pattern suggests that even though the price is rising, bullish momentum is fading. Once the price breaks below the wedge, it confirms a bearish trend. ๐ธ Characteristics of this Wedge: ๐ Multiple Higher Highs & Higher Lows โ But with decreasing strength ๐ Narrowing Price Action โ Indicates weaker buying power ๐ Breakdown Below Support Line โ Confirms the bearish move 2๏ธโฃ Resistance Level โ Key Price Rejection Zone The price tested the Resistance Level multiple times before breaking down. This area is where sellers overpowered buyers, preventing further upside movement. The resistance zone was a liquidity area, meaning large institutional traders likely placed sell orders here. The price attempted to push higher but failed, showing that demand was exhausted. Once rejection happened, selling pressure increased, and the breakdown followed. 3๏ธโฃ Breakdown Confirmation โ Bearish Momentum Kicks In After the wedge broke down, the price started moving in a structured downtrend, forming lower highs and lower lows. This confirms that the breakdown was valid and that the trend has shifted. ๐น Signs of Breakdown Strength: โ Strong Bearish Candles โ Indicating aggressive selling โ No Immediate Recovery โ Suggests sellers are in control โ Lower Highs Forming โ Bearish trend structure confirmed 4๏ธโฃ Risk Management โ Stop Loss & Target Zones A well-planned trade must include a Stop Loss and a Target to manage risk effectively. ๐ Stop Loss Placement (33.95) Placing a Stop Loss just above the resistance level protects against false breakouts. If the price goes back above 33.95, it would invalidate the bearish setup. ๐ Profit Target (31.96) The target is based on the measured move projection, meaning the expected price drop is equal to the height of the wedge at its widest point. If the price reaches 31.96, traders can lock in profits. ๐ Risk-Reward Ratio (RRR) The setup offers a favorable risk-to-reward ratio, making it a high-probability trade. 5๏ธโฃ Expected Price Movement โ Bearish Outlook From here, we can expect the following price movement: ๐ Scenario 1: Continuation of Downtrend (High Probability) The price will likely form lower highs and lower lows on its way to 31.96. Each small rally should be met with selling pressure. ๐ Scenario 2: False Breakdown (Low Probability but Possible) If the price moves back above 33.95, the wedge breakdown will be invalid. This could lead to a bullish reversal instead. 6๏ธโฃ Final Thoughts โ How to Trade This Setup? This Rising Wedge Breakdown provides an excellent short-selling opportunity. Hereโs how a professional trader would approach it: โ ๐น Entry Strategy: Short after a retest of the broken wedge support Confirmation of lower highs ensures trend continuation โ ๐น Risk Management: Place Stop Loss above 33.95 Take profits around 31.96 โ ๐น Confirmation Signals to Watch: Lower highs forming after breakdown Increased selling volume on bearish candles Price respecting the downtrend structure ๐ Conclusion โ Bearish Bias Confirmed ๐ป Trend Shift: The breakdown signals a potential trend reversal in silver. ๐ป Bearish Targets: The price is expected to fall toward 31.96 in the coming sessions. ๐ป High-Probability Trade: Strong technical reasons support a bearish outlook. ๐จ Watch for further confirmations and manage risk effectively! ๐๐ฐShortby GoldMasterTrades3
Silver The Week Ahead 24th March '25Silver bullish & overbought, the key trading level is at 3194 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice. 01:59by TradeNation3
Silver Wave Analysis โ 21 March 2025 - Silver reversed from resistance level 34.00 - Likely to fall to support level 32.00 Silver recently reversed down from the key resistance level 34.00 (which stopped the previous intermediate impose wave (3) at the end of October) standing close to the upper weekly Bollinger Band. The downward reversal from the resistance level 34.00 stopped the previous impulse wave 3 of the higher order impulse wave (5) from the end of 2024. Given the strength of the resistance level 34.00 and the overbought weekly Stochastic, USDCHF can be expected to fall to the next support level 32.00. Shortby FxProGlobal2