Silver on channel supportIntraday Update: Silver is consolidating at channel support and the 38% retracement at 31.62, but a break of the 31.30 level may open the door for a move back to 30.50, the 61.8% retracement.
XAGUSD trade ideas
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Silver Futures ShortSilver Futures short on the regression break.
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XAGUSDXAGUSD Showing BEARISH Pattern in 4 HRS chart. I Shorted and target will achieved shortly. Thanks 👍
If gold corrects,silver will plummet in the next few years.Compared to gold, silver is trash. It lacks gold's financial attributes. Its speculative appeal has been overtaken by cryptocurrencies. Silver's surges are entirely dependent on gold and copper. If gold corrects, silver will plummet.
Weekly Precious Metals Market Analysis:Silver (XAGUSD)-Issue 200The analyst believes that the price of XAGUSD will decrease within the time specified on the countdown timer. This prediction is based on a quantitative analysis of the price trend.
___Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
XAGUSDHello, Traders,
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XAGUSD :
TimeFrame: 1D:
Possible price path
personal opinion!
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Silver Long but expecting a pullback at 31.8-32.Will History repeat itself,? a pull back before the impulse is anticipated based on the previous weeks market behavior.
We are expecting a short position from friday's last 1H candle going around 31.8-32. Then bounced back from there.
Let's see how it play today.
Happy trading.
www.tradingview.com
Silver UpdatePrice is getting blocked out by the mean and a growth in sellers is looking to turn price back to $31.60
If that level fails we can see price pulling towards the high volume area to test lower liquidity/trendline support.
Price action is also at a lower high showing weakness in buyers at this main pivot.
XAU_USDSilver price is trading in a symmetrical triangle pattern and not able to break the $33 resistance zone.
Price looks bearish temporarily because it has broken our first major Trendline support but I believe the bulls to hold the next major Trendline support and keep silver in the uptrend otherwise.
But for now price has to retest the Trendline and $33 resistance zone once again to know if the breakdown will continue or if it was just a shakeout consolidation.
Fingers crossed. Any Direction it goes I'll be sure to keep you updated 💪💯
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XAG_USD LONGSilver price began a minor consolidation after the dump on Val's day and I noticed an Ascending pattern forming indicating a bullish trend to the $32 resistance zone at our TP.
Although Price missed our entry at support, and also our TP.
But I'm still looking for a good support and confluence with my trendline to get a good long position.
SILVER WILL KEEP GROWING|LONG|
✅SILVER is trading in an
Uptrend and the price made
A bullish breakout of the key
Horizontal level of 32.40$
And the breakout is confirmed
So we will be expecting a
A further bullish continuation
LONG🚀
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Silver Faces Resistance After Recent RallySilver remained above $32 per ounce on Sunday after recent volatility, supported by a weaker dollar on soft US economic data and easing global trade war concerns.
On Friday, silver hit a three-month high, driven by strong industrial demand, particularly in electrification and manufacturing. Reports showed China added 357 gigawatts of solar and wind power in 2024, boosting industrial silver use. Meanwhile, India’s Oil and Natural Gas Corp pledged INR 1 trillion for renewable energy, and Indonesia aims to add 17 gigawatts of solar capacity.
Key resistance is at 33.15, with further levels at 33.80 and 34.50. Support stands at 31.40, followed by 30.90 and 30.20.
XAG/USD: Silver Uptrend with Short-Term ConsolidationAs of February 11, 2025, the XAG/USD (Silver Spot/US Dollar) exchange rate exhibits a positive medium-term trend despite a recent short-term slowdown. Currently, the price is around $32.83 per ounce at the time of writing. The first resistance level is identified at $32.24, followed by a second resistance at $32.96. The first support level is at $31.52, with an additional support at $31.21. In the short term, a weakening of the bullish trendline is observed, with the price testing the high at $32.24. Technically, a potential decline towards the $31.21 support level remains possible. Recent political decisions, such as the announcement of a 25% tariff on all steel and aluminum imports to the United States, have impacted financial markets, leading to an appreciation of the US dollar and a decline in stocks. These developments could affect the precious metals market, including silver. Despite the positive medium-term trend, silver is currently undergoing a consolidation phase in the short term.
Silver/U.S DollarSilver is exhibiting strong bullish momentum fueled by ICT-driven buy signals and bullish divergence on key timeframes. A decisive break above dynamic resistance confirms the path toward initial targets at 32.500. Hidden bullish divergence suggests sustained upside potential, with 33.500 as the next objective if momentum holds. Monitor price action and divergence patterns near these levels to validate continuation.
SILVERSILVER is in a good place as future store of value ,silver has thousands of modern-day industrial uses for commercial and military hardware.
Silver is a precious metal of high unit value with a monetary legacy and is accepted as an investable asset
invest in silver
Silver key trading level at 3171The 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 breakout and a retest of a bullish pennant.
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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XAGUSD CLEAR SHORT IF NOT CLOSE D1 CANDLE ABOVE RECENT HIGH$33.xagusd clear short if not close D1 candle above recent high$33.
SILVER POSSIBLE SELL?The market is currently testing the current Weekly 0.61 & 0.786 Fib area. Based on Daily & 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible reversal.
We could see SELLERS coming in strong should the current level hold.
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Primary Silver countInspite Friday's hard dump, I fully expect Silver to hold the $31 level and reverse hard early this week...we will likley see one more sell off later today or on Monday...then take off. My primary count remains very boolish!
Silver is still flirting with its key short-term resistance areaLooking at the current technical right now, we can see that MARKETSCOM:SILVER bulls are trying to find strong grounds to lift themselves and travel back to the current all-time high. However, certain boxes have to be ticked first, before we can get a bit more comfortable with further action to the upside.
TVC:SILVER
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Trendline breakThe price has broken a bullish trendline, signaling a possible bearish move, the price has also made a pullback, now if the price makes a lower low, we go short.
WE ONLY TRADE PULLBACKS
