XAGUSD trade ideas
Silver is the wayHi, while everyone is looking at BTC i'm stacking XAG
Final wave count (5) unfolding for a macro target at about 128$ aprx.
Yearly volume magnificent.
Strong cash inflow - SilverGiven the increase in metals and the stability of silver prices, silver can be considered a very good option for a 6-month investment. In this analysis, it is necessary to mention the past increase in silver, and since the volume of this increase was very large, it is likely that this upward trend will continue in this analysis.
Sasha Charkhchian
Name a better setup than this! Silver in triple digits by 2026 What a setup for Silver! Massive cup and handle on weekly and monthly charts and VERY favorable macro conditions all around!
Once that weekly resistance breaks, we're off to the 100s 🚀
Silver Parabolic Move Confirmation? A close above $32.65 would confirm that Silver is starting to move higher quicker. Note the transition from the lower gradient channel to a stepper channel. I believe today's move is shorts getting blown out. The move is just beginning.
Silver channel. Lift off34.27 target. Price action shows massive shorts trying to keep it down. Market wants to go higher but every break gets smashed irrationally. I believe they are out of bullets.
Silver- Rise above 33After dipping below the 31.70 support level twice, silver managed to recover and is now testing the key 32.30 resistance zone again.
Given the chart structure and price action over the past 48 hours, I believe an upside breakout is likely, with the potential for acceleration above 33.
In conclusion, my strategy is to buy on dips, with invalidation set below the recent spike low.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Silver at $32.90, Asian Demand Fuels RiseSilver jumped to $32.90 on Friday morning, fueled by increased demand for safe-haven assets amid rising trade tensions and geopolitical risks. Additionally, strong demand from China and other Asian markets has further supported silver prices.
From a technical perspective, $33.15 is the first resistance level, with further targets at $33.80 and $34.50 if the price breaks higher. On the downside, $31.40 serves as the first support level, followed by $30.90 and $30.20 if selling pressure intensifies.
Silver UpdateHow are you my friends?
This chart I talked about before at 29 and that the decline does not mean a collapse
This is the result of my words and as I saw them I was with you in the decline and then the rise again
I also talked a lot about the general trend being upward in the long term at least 33 and above to 37 and this is not for the speculator!
We will talk soon about any interesting movements
Will increasing inflation accelerate XAGUSD price more?
With the looming threat of an inflation rebound, demand for both gold and silver is skyrocketing, propelling the prices up. The Trump administration's continued threat of tariffs, along with the US CPI rising to 3.0% YoY (prev. 2.9%, cons. 2.9%) in Jan, has increased demand for inflation hedges. Meanwhile, rising pressure on gold prices, which have reached all-time highs, may drive additional capital flows into XAGUSD. Furthermore, ongoing uncertainty in trade dynamics is poised to bolster silver prices further.
XAGUSD sustains its uptrend, testing the resistance at 32.50. Both EMAs widen the gap, expanding their bullish momentum. If XAGUSD breaches above 32.50, the price could gain upward momentum toward the next resistance at 33.50. Conversely, if XAGUSD breaks below EMA21, the price may fall further to the support at 31.00.
Elliott Wave View: Silver (XAGUSD) Looking for the Next Leg HighShort term Elliott Wave in Silver (XAGUSD) suggests rally from 12.19.2024 low unfolded as a 5 waves with extension (nest). Up from 12.19.2024 low, wave (1) ended at 30.972 and pullback in wave (2) ended at 29.68. The metal has resumed higher in wave (3). Up from wave (2), wave ((i)) ended at 31.73 and pullback in wave ((ii)) ended at 30.64. The metal resumed higher in wave ((iii)) towards 32.55 and pullback in wave ((iv)) ended at 31.72. Final leg wave ((v)) ended at 32.64 which completed wave 1.
Pullback in wave 2 unfolded as a zigzag Elliott Wave structure. Down from wave 1, wave ((a)) ended at 31.6 and wave ((b)) ended at 32.33. Wave ((c)) lower ended at 31.22 which completed wave 2 in higher degree. The metal has turned higher. Up from wave 2, wave ((i)) ended at 31.95 and pullback in wave ((ii)) ended at 31.48. Up from there, wave (i) ended at 32.39 and pullback in wave (ii) ended at 31.97. Near term, as far as pivot at 29.67 low stays intact, expect dips to find support in 3, 7, 11 swing for more upside.
XAGUSD - still wait for a new higher highHello traders, 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 Stop Loss set when opening a trading position, which ensures every trading is risk managed. My 1 to 1 trading training is available, please message. Trade well and good luck!
SILVER BUY OVERVIEWEver since we closed out our Silver buy position in profit & hit our Wave 5 target, price action has pretty much been in consolidation & not moving anywhere. This is why it's important to close out your trades at the right time, so you're not left holding the bag💰
Bearish Divergence 1M Just included other examples of bearish divergence in the past. Not saying it will play out the same way this time. Just something to keep any eye on. Im still extremely bullish on Silver long term.
Silver bullish flag continuation pattern formingThe Silver (XAGUSD) price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The price action creates a sequence of higher highs and higher lows. The recent consolidation appears to be forming a bullish flag continuation pattern.
The key trading level is at 3171, which is the current swing low. A corrective pullback from the current levels and a bullish bounce back from the 3171 level could target the upside resistance at 3274 followed by the 3308 and 3340 levels over the longer timeframe.
Alternatively, a confirmed loss of 3171 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 3125 support level followed by 3076.
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Silver Prices Soar on Electrification DemandSilver rose above $32 per ounce, nearing a three-month high with high demand in the electrification sector, offsetting concerns over a hawkish Fed. The US ISM manufacturing PMI's unexpected rebound improved the manufacturing outlook, while China, India, and Indonesia encouraged investments in solar and wind power. Meanwhile, the US inflation data reduced expectations for lower Fed borrowing costs, increasing the opportunity cost of holding precious metals.
The first resistance level will be 32.50 level. In case of this level’s breach, the next levels to watch would be 33.00 and 33.50. On the downside, 31.40 will be the first support level. 30.90 and 30.20 are the next levels to observe if the first support level is breached.
XAGUSD-Trade PlanDear traders,
My Target for today is 31.33 we will have some Correction on metals today,
If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
Silver H1 | Bullish rise to extend higher?Silver (XAG/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 32.17 which is an overlap support.
Stop loss is at 31.85 which is a level that lies underneath an overlap support that aligns with the 38.2% Fibonacci retracement level.
Take profit is at 32.63 which is a swing-high resistance.
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XAGUSD bearish cypher patternOn the daily chart, XAGUSD stabilized and rebounded, and short-term bulls have the upper hand. At present, you can pay attention to the resistance near 33.53 above, and after reaching it, you can pay attention to the potential bearish cypher pattern.
Silver is risingSilver is rising and reaching to the level of about $35 as the resistance trendline is waiting for it, after that we might see downside movement
XAU VS XAGyou can see support which brought in more liquidity had a sweep then pushed up fast whichever pair gets to zone last is the one i am going to take
SilverHello traders, 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 Stop Loss set when opening a trading position, which ensures every trading is risk managed. My 1 to 1 trading training is available, please message. Trade well and good luck!
