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Silver / U.S. DollarSS

Silver / U.S. Dollar

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XAGUSD trade ideas

XAG/USD Rising Wedge Breakdown To Bearish Trade Setup1. Overview of the Chart This chart represents Silver (XAG/USD) on the 4-hour timeframe from the OANDA exchange. The price action has formed a Rising Wedge pattern, which is a classic bearish reversal formation. This suggests that a potential breakdown could lead to a significant decline in price. 2. Chart Pattern: Rising Wedge Formation A Rising Wedge consists of a narrowing price range with higher highs and higher lows, but the slope of the support line (bottom trendline) is steeper than the resistance line (top trendline). This signals weakening bullish momentum, as buyers are struggling to push the price higher, and sellers are stepping in. Rising Wedges typically break downward due to the loss of buying strength. 3. Key Technical Levels and Market Structure A. Resistance Level (Highlighted in Beige Box - $34.50 to $34.80) This zone has acted as a supply area, where price struggles to break higher. The price touched this level multiple times, failing to hold above it, which increases the probability of a reversal. B. Support Level (Highlighted in Blue Box - Around $33.50) This is a critical short-term support where buyers previously stepped in. A break below this zone would indicate a confirmation of the wedge breakdown and further downside potential. C. Stop Loss Level (Marked at $34.80) Placed above the resistance zone, ensuring protection if price invalidates the pattern and moves higher instead. This aligns with a logical risk-management strategy to minimize losses if the setup fails. D. Bearish Breakdown Projection & Target (Marked at $30.46) The projected target aligns with previous structure support, meaning price may find buyers around this level. This level is determined by measuring the height of the wedge and projecting it downward from the breakout point. 4. Trading Strategy & Execution Plan 📌 Short (Sell) Trade Setup: Entry: Enter a short position once price breaks below the lower trendline of the wedge with strong bearish momentum (e.g., a big red candle closing below support). A possible retest of the broken support could provide a second entry opportunity. Stop Loss: Set at $34.80, above resistance, to ensure the trade is protected against invalidation. Take Profit (Target): First target: $32.50 (psychological level and minor support). Final target: $30.46 (major support and full pattern breakdown projection). 5. Market Psychology & Confirmation Signals Why This Setup is Bearish? Price action shows higher highs but with decreasing strength, signaling bull exhaustion. The Rising Wedge is a well-known bearish structure, and its breakdown typically leads to a strong sell-off. Volume confirmation: If the breakdown happens with high volume, it strengthens the bearish case. What to Watch For? A decisive bearish candle closing below the wedge support confirms the short setup. If price retests the broken trendline and fails to reclaim it, it provides a second opportunity for entry. Avoid entering if price consolidates near resistance instead of breaking down. 6. Conclusion: Bearish Bias & Trading Edge The Rising Wedge formation suggests that Silver is losing bullish momentum and could break down. Key levels and structure provide a well-defined trade setup, ensuring a good risk-to-reward ratio. Traders should wait for a confirmed breakdown before entering a short position. 📉 Bearish Outlook – Price likely to drop toward $30.46 target ⚠️ Risk Management is crucial – Stop Loss at $34.80 🎯 Breakdown confirmation needed before entering short positions Would you like me to refine any part or add more insights? 😊
OShort
by GoldMasterTrades
5
Silver (XAG/USD) Rising Wedge – Bearish Breakdown Setup!A rising wedge is a pattern that typically forms when the price makes higher highs and higher lows, but the upward momentum starts weakening. The narrowing structure of the wedge indicates that buyers are losing strength, and a breakout to the downside is likely. Key Characteristics of the Rising Wedge: ✔ Higher highs & higher lows – but with reduced momentum ✔ Trendline support (lower boundary) & resistance (upper boundary) ✔ Volume decline – suggests a potential reversal Expected Scenario: If the price breaks below the lower trendline, it signals bearish pressure, and Silver could see a strong decline. 2. Key Levels & Trading Setup 📌 Resistance Level ($34.50 - $34.80) The upper boundary of the wedge is acting as strong resistance. Historically, this zone has rejected price action multiple times, indicating sellers are defending this area. 📌 Support Level ($30.20 - $30.50) A major demand zone where buyers previously stepped in. If the wedge breaks down, this is the most likely target for the decline. 📌 Stop Loss ($34.81) Placed just above the recent high and resistance zone to limit risk in case of an unexpected upside breakout. 📌 Target ($30.20) Measured move from the wedge breakdown projects a sharp decline toward the next strong support at $30.20. 3. Trade Execution Strategy 🔴 Bearish Breakdown Scenario If the price breaks below the lower trendline (around $33.00), we expect a strong move downward. 📉 Short Entry: Below $33.00 (after confirmation) 🎯 Target: $30.20 ❌ Stop Loss: $34.81 (above resistance) Confirmation Needed: ✅ Strong bearish candle close below support ✅ Increased volume during breakdown ✅ Retest of broken support turning into resistance 🟢 Bullish Alternative (Invalidation) If price breaks and holds above $34.81, the bearish setup will be invalidated, and a breakout towards $36.00 - $37.00 could be expected. 4. Additional Considerations 📌 Fundamental Factors: Keep an eye on macroeconomic news, Fed decisions, and USD strength, as these impact Silver prices. 📌 Risk Management: Avoid overleveraging and use a proper risk-reward ratio (1:3 or higher). 📌 Market Sentiment: Watch volume trends and confirm breakout or fakeout before entering trades. Conclusion This chart presents a high-probability short trade setup based on the rising wedge breakdown. If the breakdown occurs, Silver could drop toward the $30.20 support zone. However, traders should wait for confirmation before entering to avoid fakeouts. Would you like me to refine this further for a TradingView post? 🚀
OShort
by GoldMasterTrades
6
Silver Approaching ATH – Major Breakout Incoming?Silver is showing a strong bullish structure on the weekly timeframe. The price has been consistently forming Higher Highs (HH) and Higher Lows (HL), respecting a long-term ascending trendline that’s acting as dynamic support. This trendline has held multiple pullbacks, confirming strong underlying demand. Currently, Silver is approaching its All-Time High (ATH) resistance near $34.83 while testing the upper resistance trendline of an ascending channel. A clean breakout above this level could trigger a major rally, potentially setting a new ATH. If the price faces rejection, a healthy pullback toward the support zone around $30 could offer another long-entry opportunity. The structure remains bullish as long as Silver holds above the trendline support. A successful breakout above $34.83 could lead to a strong bullish continuation. Still DYOR, NFA Found this analysis helpful? Don’t forget to like, drop a comment, and follow us for more insights. Thanks for the love!
TLong
by unichartz
2
Could the Silver reverse from here?The price is rising towards the pivot which has been identified as a pullback resistance that lines up with the 138.2% Fibonacci extension and could reverse to the 1st support which is an overlap support. Pivot: 34.86 1st Support: 32.94 1st Resistance: 36.08 S&P500 (US500) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance which is an overlap resistance. Pivot: 5,405.74 1st Support: 5,176.07 1st Resistance: 5,769.85 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.
IShort
by ICmarkets
2
XAGUSD Channel Up aiming for the new Higher High.Silver (XAGUSD) has been trading within a Channel Up for exactly year (since the March 27 2024 Low). Its current Bullish Leg started on the December 31 2024 (Higher) Low after almost touching the 1W MA50 (red trend-line). Once the price broke above the 1D MA50 (blue trend-line) on January 28 2025, it remained above it ever since, which is what happened on both previous Bullish Legs. We expect a +30% rise and a test of the 1.382 Fibonacci extension as the previous Higher Highs. Our Target is just below that at 37.000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FLong
by TradingShot
1
Bullish momentum to extend?The Silver (XAG/USD) has bounced off the pivot and could rise to he 1st resistance. Pivot: 33.56 1st Support: 33.09 1st Resistance: 34.91 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.
ILong
by ICmarkets
1
SILVER - Breaking GoodWhile gold cycles are a bit cconfusing, the silver cycle is crystal clear. Silver printed an ICL last year December .The intermediate cycle's first daily cycle is behind us . The DCL was printed on 28th February. Right now we are in the 2nd daily cycle . This is the daily cycle where silver can break 35$ and finish this intermediate cycle at 40-42$ during the following weeks. Gold printed a strong rally in the past weeks, but the xauxag ratio is turning down and there is a good chance the lower part of the consolidation box will be tagged during the following weeks. If you are in a gold long position probably it's time to switch to a silver long position... If you don't have any precious metal position it's time to open a silver long position.
OLong
by chartwatchers
12
(XAG/USD) weekly Forcast – Double Top Breakdown & Bearish SetupThis detailed technical analysis of Silver (XAG/USD) on the daily timeframe highlights a potential bearish reversal forming through a Double Top pattern. This setup suggests that Silver could be gearing up for a major decline, provided key confirmation levels are met. Let’s break it down thoroughly. 📌 1. Understanding the Chart Pattern – Double Top Formation A Double Top is a bearish reversal pattern that forms after an extended uptrend, signaling that buyers are losing strength and sellers are taking control. 🔹 Key Phases of the Double Top: 1️⃣ First Top (Top 1) Silver initially rallied to a major resistance zone ($34.5 - $35). The price failed to break higher, leading to a correction. This rejection signals heavy selling pressure at this level. 2️⃣ Pullback to the Neckline ($28.5 - $29) After the first peak, the price retraced to a critical support area known as the neckline. This level acts as a decision point—either price bounces or breaks lower. 3️⃣ Second Top (Top 2) – Bull Trap? Silver made another attempt to break through $34.5 - $35, but once again, sellers defended this level. The failure to set a new higher high confirms weakness, forming the second peak. This second rejection adds credibility to the Double Top pattern, increasing the likelihood of a bearish move. 4️⃣ The Crucial Neckline Test The neckline around $28.5 - $29 is the most critical level to watch. A clean daily close below this level would confirm the breakdown and trigger a strong bearish trend. 📍 2. Key Technical Levels & Market Structure 🔴 Resistance Level ($34.5 - $35) – Strong Selling Zone This area has repeatedly rejected price advances, indicating high supply. A breakout above this level would invalidate the bearish setup. 🔵 Support & Neckline ($28.5 - $29) – The Make-or-Break Zone A break below this level would complete the Double Top pattern and confirm the bearish trend. If buyers defend this area, Silver could see short-term consolidation before another breakout attempt. 🎯 Target Price ($22 - $23) – Where Silver Could Be Headed The measured move (distance from top to neckline) suggests a potential drop to $22 - $23. This aligns with historical support zones, making it a reasonable target. 🚨 Stop Loss Area ($35.2 - $35.5) – Risk Management If Silver invalidates the pattern and closes above $35.2 - $35.5, the bearish setup is no longer valid. Traders should cut losses early if price regains bullish momentum. 📊 3. Trading Setup & Execution Plan 🔻 Bearish Trading Plan (Short Entry): ✅ Entry Point: Enter a short position after a confirmed neckline break below $28.5 - $29. Wait for a break-and-retest of this level to confirm the bearish move. ✅ Stop Loss: Place stop loss above $35.2 - $35.5, just beyond the resistance level. This protects against false breakouts and sudden bullish reversals. ✅ Take Profit Targets: Primary target: $24.5 - $25 (first support zone). Final target: $22 - $23 (measured move completion). 📉 4. Market Sentiment & Technical Outlook 📌 Why This Setup is Important: The Double Top pattern is a well-established bearish signal. Price failed to create a new high, showing that buying momentum is fading. The neckline breakdown will confirm that sellers are in control, pushing price lower. 📌 What Could Invalidate This Setup? If Silver breaks and closes above $35.5, it would signal that bulls have regained strength. A strong rally above this level could send Silver towards $37 - $38 instead. 🔎 Final Thoughts – Will Silver Collapse or Hold? The chart suggests a bearish bias, but confirmation is key! A breakdown below $28.5 - $29 would activate the Double Top pattern, leading to a potential drop. If Silver bounces off the neckline, then we might see consolidation or a reversal instead. 🚀 What’s your view? Will Silver break down or bounce back? Share your thoughts below! 🚀
OShort
by GoldMasterTrades
SELL SILVER ( XAGUSD)for bullish trend reversal STOP LOSS : 3SELL SILVER ( XAGUSD)for bullish trend reversal STOP LOSS : 34.24 Regular Bearish Divergence In case of Regular Bearish Divergence: * The Indicator shows Lower Highs * Actual Market Price shows Higher Highs We can see a strong divergence on the MACD already and There is a strong trend reversal on the daily time frame chart..... The daily time frame is showing strength of trend reversal from this level resistance so we are looking for the trend reversal and correction push from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
FShort
by BALE_FX
Silver Insights: Aggressive Strategies and Bullish SentimentHello, friends! I’m excited to share some observations on Silver. Yesterday, I came across a couple of intriguing portfolios focused on this metal. The first one is an aggressive call spread at $40-$40.25, while the second portfolio is a "butterfly" spread, positioned slightly lower. Both portfolios are designed to capitalize on price movement, but the first one could yield a threefold profit with just a little push in its direction. The second one, however, will require some time and ideally needs to reach around $38 by the end of April. From a technical standpoint, the chart shows a "spring compression", which often leads to the emergence of such portfolios. While I don’t place too much weight on predictive elements, the sentiment remains bullish. Stay tuned, plan your trades and let’s see how this unfolds! Always do your own research but do no hesistate visit us to leverage the comprehensive analysis from our team to enhance your trading advantage! 💪💼
FLong
by ClashChartsTeam
SILVER: Short Trade with Entry/SL/TP SILVER - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short SILVER Entry Point - 34.116 Stop Loss - 34.505 Take Profit - 33.483 Our Risk - 1% Start protection of your profits from lower levels Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ❤️ Please, support our work with like & comment! ❤️
TShort
by UnitedSignals
1