26.03.25 Morning ForecastPairs on Watch - OANDA:XAGUSD FX:EURUSD FX:NZDUSD A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy! 12:12by JordanWillson10108
SILVER (XAGUSD): One More Important BreakoutSILVER was accumulating within a tight trading range on a 4H time frame for nearly two days. The release of recent fundamental news caused a significant uptrend, breaking through the range resistance and a key daily resistance level with a high momentum bullish candle. The previously broken levels are now acting as support. I believe that the bullish momentum could continue, possibly reaching 34.80.Longby linofx16613
Silver (XAG/USD) Rising Wedge โ 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: โ Higher highs & higher lows โ but with reduced momentum โ Trendline support (lower boundary) & resistance (upper boundary) โ Volume decline โ 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 ๐ 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. ๐ 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. ๐ Stop Loss ($34.81) Placed just above the recent high and resistance zone to limit risk in case of an unexpected upside breakout. ๐ 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 ๐ด Bearish Breakdown Scenario If the price breaks below the lower trendline (around $33.00), we expect a strong move downward. ๐ Short Entry: Below $33.00 (after confirmation) ๐ฏ Target: $30.20 โ Stop Loss: $34.81 (above resistance) Confirmation Needed: โ Strong bearish candle close below support โ Increased volume during breakdown โ Retest of broken support turning into resistance ๐ข 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 ๐ Fundamental Factors: Keep an eye on macroeconomic news, Fed decisions, and USD strength, as these impact Silver prices. ๐ Risk Management: Avoid overleveraging and use a proper risk-reward ratio (1:3 or higher). ๐ 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? ๐Shortby GoldMasterTrades669
SILVER - Important BreakoutHello Traders ! The Silver price broke the resistance level (33.390 - 32.900). This key level becomes new support ! So, I expect a bullish move๐ ______________ TARGET: 34.400๐ฏLongby Hsan_BenhmedUpdated 8816
Silver Approaching ATH โ 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 thatโs 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 $34.83 could lead to a strong bullish continuation. Still DYOR, NFA Found this analysis helpful? Donโt forget to like, drop a comment, and follow us for more insights. Thanks for the love!Longby unichartz2218
SILVER - Breaking GoodWhile gold cycles are a bit cconfusing, the silver cycle is crystal clear. Silver printed an ICL last year December .The intermediate cycle's first daily cycle is behind us . The DCL was printed on 28th February. Right now we are in the 2nd daily cycle . This is the daily cycle where silver can break 35$ 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. Longby chartwatchersUpdated 121231
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 ๐, FOLLOW โ , SHARE ๐ and COMMENT โ 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. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐Longby TradingShot1119
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 ๐ 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. ๐ Bearish Outlook โ Price likely to drop toward $30.46 target โ ๏ธ Risk Management is crucial โ Stop Loss at $34.80 ๐ฏ Breakdown confirmation needed before entering short positions Would you like me to refine any part or add more insights? ๐Shortby GoldMasterTrades227
XAGUSDBullish trend to continue. Consolidation box breakout. Target should be 34.235 with SL at 33.505Longby UTradePro118
SILVER at Key Support Level โ 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!Longby DanieIMUpdated 212183
XAG/USD...silver trendline break out...MY XAGUSD (Silver) sell trade setup looks like this: Entry: 33.1840 Stop Loss: 33.7000 Target 1: 31.9075 Target 2: 31.0000 Trade Analysis: Trend Line Breakout: Indicates potential bearish momentum. Risk-Reward Ratio: Target 1 (31.9075): ~1.27 RR Target 2 (31.0000): ~3.68 RR (solid swing trade target) Key Levels: If price breaks below 32.50, it could accelerate downward. 31.9075 could act as interim support before testing 31.00. If sellers maintain control, this trade has a good downside potential. Are you using any additional confluences, like Fibonacci retracements or moving averages, to confirm the move?Longby Algo_Trading_Mql5Updated 22
XAGUSD - longthis is a market structure trade . simple is better . never complicate to much! use risk managment !Longby KronFXUpdated 227
Mon 24th Mar 2025 XAG/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAG/USD Sell. Enjoy the day all. Cheers. JimShortby JAGfx226
SILVERFactors Affecting Silverโs Trade Directional Bias Next Week Fed Policy and Rate Cuts: Market Expectations: Two Fed rate cuts in 2025 are priced in, but uncertainty over timing (e.g., June vs. earlier) may cause volatility. Impact: Delayed cuts โ USDโ, silverโ; Accelerated cuts โ USDโ, silverโ. Industrial Demand: Supply-Demand Imbalance: A projected 149M oz deficit in 2025 due to high demand for solar, electronics, and EVs. Supply Risks: Q1 production growth (+15.4% YoY) has eased short-term pressure, but long-term deficits support prices. Safe-Haven Demand: Geopolitical Risks: Trade wars (Trumpโs April 2 tariffs) and Middle East tensions could boost silver as a hedge. Goldโs Influence: Gold-to-Silver Ratio: At 88:1, below historical peaks, suggesting silver may outperform gold if the ratio normalizes. Conclusion Bearish Bias Likely Next Week: Resistance Test: Silver faces strong technical resistance at overbought territory, favoring profit-taking. Fed Uncertainty: Delayed rate cuts or USD strength could pressure prices toward $32.50. Upside Catalysts: A break above strong supply roof or geopolitical escalation (tariffs) may trigger a rally to a new all time high13:19by Shavyfxhub225
Ongoing "Ninja" bull markets for silver and the miners.Ongoing "Ninja" bull markets for silver and the miners. Now, watch silver hold its ground against the stock markets. Still so early.by Badcharts8
XAGUSDXAGUSD - Bullish Channel as an Corrective Pattern in Long Time Frame - Break of Structure - RSI - Divergence - S / R Level - Completed " 123 " Impulsive Wavesby ForexDetective9
XAG/USD Trade Ideas: Navigating Key Resistance and Support ZonesSilver 's Next Move: Technical and Fundamental Insights for XAGUSD Traders ๐๐ Technical Analysis ๐ 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 ๐: 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 ๐ข: 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 ๐๐ ๏ธ: 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 ๐ฏ๏ธ: 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 ๐: The price is showing bullish momentum, but the resistance at $33.80 needs to be cleared for further upside. Fundamental Analysis ๐ Silver's Role as a Safe Haven ๐ก๏ธ: 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 ๐ต: 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 โ๏ธ: Silver has significant industrial applications, particularly in electronics and renewable energy. Any positive developments in these sectors could support silver prices. Upcoming Economic Events ๐ : 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 ๐ก Scenario 1: Bullish Breakout ๐ 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 ๐ 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 ๐ 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 โ The current setup favors a bullish bias ๐, 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. โ ๏ธ Disclaimer โ ๏ธ 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.Long02:33by fxtraderanthony7
(XAG/USD) weekly Forcast โ 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. Letโs break it down thoroughly. ๐ 1. Understanding the Chart Pattern โ 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. ๐น Key Phases of the Double Top: 1๏ธโฃ 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. 2๏ธโฃ 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 pointโeither price bounces or breaks lower. 3๏ธโฃ Second Top (Top 2) โ 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. 4๏ธโฃ 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. ๐ 2. Key Technical Levels & Market Structure ๐ด Resistance Level ($34.5 - $35) โ Strong Selling Zone This area has repeatedly rejected price advances, indicating high supply. A breakout above this level would invalidate the bearish setup. ๐ต Support & Neckline ($28.5 - $29) โ 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. ๐ฏ Target Price ($22 - $23) โ 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. ๐จ Stop Loss Area ($35.2 - $35.5) โ 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. ๐ 3. Trading Setup & Execution Plan ๐ป Bearish Trading Plan (Short Entry): โ 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. โ Stop Loss: Place stop loss above $35.2 - $35.5, just beyond the resistance level. This protects against false breakouts and sudden bullish reversals. โ Take Profit Targets: Primary target: $24.5 - $25 (first support zone). Final target: $22 - $23 (measured move completion). ๐ 4. Market Sentiment & Technical Outlook ๐ 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. ๐ 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. ๐ Final Thoughts โ 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. ๐ Whatโs your view? Will Silver break down or bounce back? Share your thoughts below! ๐Shortby GoldMasterTrades7
SILVER (XAGUSD): Strong Resistance Ahead Silver is very close to the resistance based on the last year's high. Watching how strong is the bullish momentum, I got a feeling that it is going to be broken. A daily candle close above that will provide a strong bullish confirmation. The price will keep rising to the new highs then. โค๏ธPlease, support my work with like, thank you!โค๏ธ Longby VasilyTrader117
$53 target by June (Silver quarterly)$53 by April/May/June quite easily achievable. But $53 target is a long steep parabolic rise in 3 months. Correction back to $39 before launching much higher to $70 is highly possible. Longby keenhawks6
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 withโฆโฆ.trading with the trend, patient and good risk management is the key to success here Shortby BALE_FX8
Buy SilverSilver looks good. There was a strong rally yesterday. On the daily chart, the metal is in an uptrend that has remained intact since the beginning of the year. The news background is positive, and major players, also known as "smart money," are buying the metal. There is a strong chance of moving higher, with the first target at 34.8. Since the metal is highly volatile, a stop-loss should be set at 33.20. Longby kventinkaUpdated 7
Silver - good buying opportunityFrom the current level or more reliably after breaking the previous resistance at 33.95. The first target - 34.80. Considering external political and economic factors, I believe the current uptrend will continue even after reaching the first target.Longby kventinka6