XAGUSD trade ideas
SILVER Sellers In Panic! BUY!
My dear friends,
My technical analysis for SILVER is below:
The market is trading on 29.498 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable SILVER continuation.
Target - 30.247
Recommended Stop Loss - 29.150
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
XAG/USD - Sell Limit Opportunity After Liquidity GrabSilver (XAG/USD) has reached a key liquidity zone above a significant resistance level, presenting a well-defined sell limit opportunity. This move indicates a potential bearish reversal as smart money absorbs buying pressure.
Key Observations:
Liquidity Grab: Price action spiked above resistance, triggering stop-losses and trapping breakout buyers.
Market Structure: Bearish signals, including rejection wicks and slowing upward momentum, suggest a shift to the downside.
Optimal Entry: A sell limit at is positioned to capitalize on the anticipated reversal.
Trade Plan:
Entry: Sell limit at , based on the liquidity sweep.
Stop Loss: Placed above the liquidity sweep to account for market volatility.
Take Profit: Targeting key support levels at for a favorable risk-reward ratio.
Risk Management:
This setup capitalizes on a classic liquidity grab, but disciplined risk management and careful position sizing are critical. Watch for bearish confirmation signals before entering the trade.
XAGUSD 4H TFThe area is having high probability for sellers to kick in @ 30.50 will be looking at that area for potential shorts
Silver long Fundamentals showing that price should be rallying
Technical bias
Long from the demand zone
Silver (XAGUSD): Precision Buy/Sell Strategies for Optimal GainsCAPITALCOM:SILVER
Chart Analysis: Silver (XAGUSD) 1-Hour Timeframe
Current Market Structure
Strong High: Significant resistance level near the top of the chart.
Swing Low: Key support level near the bottom.
Break of Structure (BOS): Indicates a potential reversal or continuation.
Order Block (OB): Areas highlighted in green where institutional buying or selling might have occurred.
Breakout Block (BB): Potential breakout area near the top.
Fibonacci Retracement Levels:
0.382: $29.108
0.5: $29.222
0.618: $29.336
0.705: $29.450
0.786: $29.498
Indicators
RSI: 61.59 (neutral to slightly bullish)
MACD: Bullish momentum with histogram at 0.567 and signal line at -4.915
Volume Profile: High volume areas indicating strong support or resistance.
Buy Strategy
Confirmation:
Look for bullish candlestick patterns (e.g., hammer, bullish engulfing) near the OB zone around $28.850 - $29.000.
Ensure RSI is above 50, indicating bullish momentum.
Entry: Enter a buy position around the OB zone ($28.850 - $29.000).
Stop Loss: Place a stop loss below the swing low at around $28.700 to minimize risk.
Take Profit:
First target at the 0.5 Fibonacci level ($29.222).
Second target at the 0.786 Fibonacci level ($29.498).
Sell Strategy
Confirmation:
Look for bearish candlestick patterns (e.g., shooting star, bearish engulfing) near the strong high or BB zone around $29.688.
Ensure RSI is below 50, indicating bearish momentum.
Entry: Enter a sell position around the strong high ($29.688).
Stop Loss: Place a stop loss above the strong high at around $29.800 to minimize risk.
Take Profit:
First target at the 0.618 Fibonacci level ($29.336).
Second target at the OB zone around $28.850 - $29.000.
VIP Signal Format
ENTRY: $28.850 - $29.000 (Buy near this level) TP1: $29.222 TP2: $29.498 SL: $28.700
This analysis combines price action techniques with key technical indicators to provide a comprehensive buy and sell strategy for Silver (XAGUSD). If you have any more questions or need further adjustments, feel free to let me know! 📈😊
Follow @Alexgoldhunter for more strategic ideas and minds
Heading into overlap resistance?The Silver (XAG/USD) is rising towards the pivot and could reverse to the 1st support which acts as a pullback support.
Pivot: 30.21
1st Support: 28.02
1st Resistance: 32.08
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.
$silvertook liquidity below 200 ema
Dixie poke above its trend line
daily closed above the 200 which is awesome now just wanna see the blue line above reclaimed for us to have a crack at $35-37
depending on where we open you could short this bubba with invalidation above blue line
as for me holding for the eventual chad candle
XAGUSD SELL PROJECTION XAGUSD (silver 🥈) moves just like gold but we can see price in a downtrend, and we expect price to return to that zone and it did , so we go short. Really not good with this explanation things that's why I made my chart self- explanatory
SILVER: Long Signal Explained
SILVER
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy SILVER
Entry - 29.514
Stop - 28.919
Take - 30.631
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
SILVER BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
It makes sense for us to go short on SILVER right now from the resistance line above with the target of 29.057 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
✅LIKE AND COMMENT MY IDEAS✅
Reversal Entry from Key FVG and Fibonacci ConfluenceThis looks like a good zone to enter from for the larger timeframe trend.
The price is currently in a strong zone for multiple reasons, with the FVG aligning well with key Fibonacci levels.
Additionally, the $30 price level appears to be a strong support zone to build from.
SILVER IDEA : SHORT | SELL (WB: 23/12/24)Guys! End of the year - last bit of chart worklkkk until mid Jannnnnyyyyy!
Anyway! This. Is. A simple continuation trade. Silver MIGHT drop from this point but it is still in discount I’d seek for buys until price reaches premium and continues the trend… good luck trading next week!
This one will be interesting as I don’t like continuous trades.. nevertheless, we shall see
RR: 2.84
SILVER PRICE AND GOLD/SILVER RATIO RELATIONEach time the ratio hits 88-89 zone, silver price rises. This is also supported by the parallel channel lower boundry and MA-200 making it a tradeworthy position.
Master Silver Trading: Profitable Price Action Strategies!CAPITALCOM:SILVER @Alexgoldhunter
Price Action Analysis and Strategy
Key Levels and Zones
Support Levels:
28.500 USD: A crucial support level where the price has found buying interest before.
28.700 USD: Another significant support level indicating strong buying pressure.
Resistance Levels:
29.400 USD: A strong resistance level where the price has faced selling pressure.
30.480 USD: Another notable resistance level suggesting potential selling interest.
Break of Structure (BOS):
Multiple BOS annotations on the chart indicate significant shifts in market structure, highlighting potential areas of interest for traders.
Fibonacci Retracement Levels:
0.382 Level: 29.108248 USD
0.5 Level: 29.222 USD
0.618 Level: 29.33552 USD
0.705 Level: 29.4162 USD
0.786 Level: 29.497704 USD
Volume Analysis:
Volume spikes are visible, indicating periods of high trading activity, which can be used to confirm breakouts or reversals.
Buy Strategy
Entry Point:
Consider entering a buy position if the price breaks above the resistance level at 29.400 USD with strong volume confirmation.
Alternatively, look for a bounce from the support level at 28.500 USD with a bullish candlestick pattern and increasing volume.
Stop Loss:
Place a stop loss below the recent swing low or support level, for example, below 28.500 USD.
Take Profit:
Set take profit levels at the next resistance levels, such as 30.480 USD or use Fibonacci extension levels for further targets.
Sell Strategy
Entry Point:
Consider entering a sell position if the price breaks below the support level at 28.500 USD with strong volume confirmation.
Alternatively, look for a rejection from the resistance level at 29.400 USD with a bearish candlestick pattern and increasing volume.
Stop Loss:
Place a stop loss above the recent swing high or resistance level, for example, above 29.400 USD.
Take Profit:
Set take profit levels at the next support levels, such as 28.500 USD or use Fibonacci retracement levels for further targets.
Simple VIP Signal
ENTRY: 28.500 USD
TP1: 29.108248 USD
TP2: 29.497704 USD
SL: 28.500 USD
Conclusion
This chart shows a detailed technical analysis of Silver (XAG/USD) using price action techniques, highlighting key support and resistance levels, break of structure points, and Fibonacci retracement levels. These elements can be used to develop a buy and sell strategy based on market behavior and volume analysis.
Follow @Alexgoldhunter for more strategic ideas and minds
XAGUSD Downtrend structure on 4HTFThe market has confirmed a downtrend market structure on the 4-hour timeframe and is currently heading towards my second resistance level which could potentially sell the market. I will await further entry confirmation/confluence when the market opens again.
Silver's Next MoveI strongly believe silver has officially bottomed out. Doing so we should now see a quick spike back up to the $31 range. After we get through that resistance the last main one is $32 which I believe we will have plenty of support to break through. Keep Holding.
XAGUSD: Key Levels to WatchHello,
OANDA:XAGUSD appears to have found support, but the key level to watch is 29.579. If the price breaks and sustains above this level, further upside momentum is likely. However, if resistance holds, we can expect continued downside movement. Should a bullish breakout occur and momentum builds, the price may advance toward the 1M pivot point. Additionally, it's important to note that the 1M strong support is positioned at 28.702.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
SilverXAGUSD ( Silver / U.S Dollar )
Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
Break of Structure
RSI - Divergence
Bearish Channel as an Corrective Pattern in Short Time Frame
Demand Zone
Deeper Lows Ahead Before Reversal in SILVER ? Elliott WavesThe chart suggests a potential downward trend for Silver to complete wave (C) Blue of wave ((4)) Black and then wave Uptrend ((5)) Black.
Elliott Wave Structure:
The chart appears to be in a corrective wave structure, likely a Zigzag.
The current position seems to be within a corrective wave ((4)) Black in which wave (A) & (B) are completed and now we are unfolding wave (C) Blue of ((4)) Black.
Inside wave (C) we had completed wave 1 & 2 and now we are unfolding wave 3 Red in wave (C), post wave 3, we have to unfold wave 4 & 5 Red to finish wave (C) Blue of wave ((4)) Black.
Potential Scenarios:
Downside: If the downward trend continues, the price may reach Fib extension level where wave (C) equals with wave (A) and some times may goes towards 1.236 Fibonacci extension level.
Post completion wave ((4)) Black, we may see Reversal towards new Highs to finish wave ((5)) which generally goes beyond wave ((3)) High.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Buy OpportunityObservations:
Current Price: Around $28.825.
Stop-Loss: $28.7218, just below the support level.
Target Price: $29.3478, above a key resistance.
Risk-Reward Ratio: 4.21, which indicates a favorable risk-to-reward setup.
Volume Profile: A significant level of interest is visible at the price range between $28.80 and $28.90.
Signal:
Entry Point: Enter a long position at the current level, near $28.825, assuming confirmation of support.
Stop-Loss: Place your stop-loss at $28.7218 to limit downside risk.
Take Profit: Set your target at $29.3478 to capture the upward move.
Additional Confirmation:
Look for bullish candlestick patterns or higher volume around the support area.
Consider the behavior of the moving averages (EMA) and ensure there’s no immediate downward pressure before entering.
