silver big cup and handleFundamentally, I can see silver trading above 100 dollars. But the huge base build on silver with this cup and handle, it seems 100 dollars isn't impossible
XAGUSD trade ideas
Bullish continuation?The Silver (XAG/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 32.93
1st Support: 32.10
1st Resistance: 34.88
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XAGUSDSilver right now giving a new upward impulse, possible formation of a final diagonal and then making a much larger correction.
Silver Wave Analysis – 2 April 2025- Silver reversed from the support area
- Likely to rise to the resistance level 34.50
Silver recently reversed up from the support zone between the support level 33.50 (former monthly high from February), 20-day moving average, support trendline from February and the 50% Fibonacci correction of the upward impulse from March.
The upward reversal from this support area continues the active impulse waves iii, 3 and (C) – inside which Silver has been moving since December.
Given the strong daily uptrend, Silver can be expected to rise to the next resistance level 34.50 (the former monthly high from last month).
Sell SilverSilver is under pressure. On the hourly chart it fails to break $34.
The first target is 33.40.
XAGUSD 60mts trend analysis for April 02, 2025XAGUSD is likely to be bearish since Market Timing Indicator is indicating its bearish view for the rest of the day. We are waiting for the signal confirmation from Precision Scalper to take short entry.
XAGUSD - market structureXAGUSD - market structure , use all the time risk and trade managment for best result and protect capital
Silver quick look (Daytrade Idea)OANDA:XAGUSD FOR SILVER I'd wait for the 4hrs fvg and double bottom mitigated before looking for longs
Silver should follow Gold downUrgent warning to fellow traders!
Technical analysis suggests that Gold and Silver may have topped out and are heading much lower. If gold falls 50% to around 1690 or even to 1650 it will take silver with it.
So this is not investment advise but is issued for educational purposes only. No responsibility will be taken for any losses you may incur. You are encouraged to do your own due dilegence.
XAG/USD...4h pairMY analysis presents a solid trade plan for XAGUSD based on technical indicators. A few additional considerations:
1️⃣ For the short setup:
A break below 33.85 aligns with momentum weakening, but watch for fakeouts, especially if volume is low.
The 32.00 target is ambitious, so partial profits around 33.00 could be wise.
2️⃣ For the long setup:
If price rebounds from 34.60, confirmation with bullish candlesticks or an RSI divergence could strengthen the trade.
Watch for resistance near 34.80–35.00 before fully committing.
Would you like to add risk management tips or additional confluences?
Looks weak. Can fall 3 - 8%Silver looks weak.
Sell triggers can be as per your methods.
Scope of 3-5-8% fall.
Expecting DXY to move up sharply for a pullback in down trend
Silver, the most beautiful chart everSilver will make you money. Target $54 short term... then onward to $250 long term
Silver buy setup for next weekSeeing that several demands have been broken and reclaimed, we look to having a bullish move still in view to the daily supply.
Silver (XAG/USD) Double Top Reversal – Bearish Trading SetupThe provided 1-hour chart for Silver (XAG/USD) presents a well-structured bearish trade setup, highlighting key price action patterns, technical indicators, and confluence factors that suggest a potential downside move. Let's analyze the chart step by step to understand the logic behind this bearish trade setup.
1. Market Structure & Trend Overview
Silver (XAG/USD) has been in a short-term uptrend, as indicated by the ascending trendline. However, the trend now shows signs of exhaustion, with a clear shift in market behavior. The price action reveals the formation of a double top at a strong resistance level, coupled with a Change of Character (CHOCH), which signals a possible reversal.
A break below the trendline suggests that the bullish momentum is losing strength, and sellers are beginning to dominate the market. The combination of these elements makes this setup a high-probability short trade opportunity.
2. Key Technical Levels & Zones
A. Resistance Zone ($33.96 - $34.20) – The Selling Pressure Area
The chart marks a clear resistance zone, where price has struggled to break higher.
Two price rejections from this level indicate that sellers are actively defending this region.
This zone serves as an ideal stop-loss area for short trades, as a breakout above this level would invalidate the bearish setup.
B. Double Top Formation – Reversal Pattern
The price tested the resistance zone twice and failed to establish new highs, forming a double top structure.
A double top is a well-known bearish reversal pattern, indicating a shift from bullish to bearish momentum.
The second top (Top 2) aligns with a downward trendline, further confirming that sellers are stepping in at lower levels.
C. Support Level ($32.60 - $32.80) – Initial Reaction Zone
This area has previously acted as a demand zone where buyers stepped in.
If the price breaks below this support, it would confirm further downside movement towards the final target.
D. Trendline Breakdown – Loss of Bullish Momentum
The dotted trendline represents the previous bullish trend, supporting price action for several days.
A break below this trendline suggests a structural shift in market dynamics, meaning buyers are losing control.
The failure to reclaim the trendline increases the probability of a deeper move downward.
E. Target Level ($32.11 - $32.20) – The Bearish Objective
The projected target is based on the double top’s measured move, which suggests a price drop to at least $32.11.
This level also coincides with previous historical price action, making it a strong confluence zone for profit-taking.
3. Trading Strategy & Execution Plan
📌 Entry Point:
Aggressive Entry: Short position around $33.40 - $33.50, near the second top where price rejected the trendline.
Conservative Entry: Wait for a confirmed break and retest of the support level at $32.80 before entering short.
📌 Stop-Loss Placement:
The stop-loss should be placed above the resistance zone at $33.96.
This level ensures that the trade is invalidated if the price breaks out higher.
📌 Take-Profit Target:
Primary Target: $32.60, which is the first support level where price may temporarily react.
Final Target: $32.11, aligning with the double top breakdown target and historical support.
📌 Risk-Reward Ratio:
A minimum 1:2 risk-reward ratio, meaning for every 1% risked, there is a potential 2%+ gain.
This makes the trade favorable in terms of risk management.
4. Confluence Factors Supporting the Bearish Outlook
✅ Double Top Formation – A classic bearish reversal pattern.
✅ Lower Highs Formation – Indicates increasing selling pressure.
✅ Trendline Breakdown – A significant loss of bullish momentum.
✅ Resistance Zone Rejection – Strong seller presence.
✅ CHOCH (Change of Character) – Confirms a shift in market sentiment.
5. Risk Management & Alternative Scenario
📌 What If Price Moves Against the Trade?
If the price breaks above $33.96, the bearish outlook becomes invalid, and a potential bullish continuation could follow. In this case:
Stop-loss is triggered, and the setup is considered invalid.
Traders should then wait for a new setup before re-entering the market.
📌 Market Conditions to Monitor:
Volatility: Ensure there is enough momentum in the market before entering.
Volume Confirmation: A break below support should have strong volume.
News Events: Watch out for fundamental catalysts, such as US Dollar strength, economic data, and geopolitical events, which could influence Silver’s price movement.
6. Final Thoughts & Summary
This chart setup provides a clear bearish trade opportunity based on technical analysis. The combination of double top formation, resistance rejection, trendline breakdown, and lower highs strongly supports the idea of further downside movement.
💡 Key Takeaways:
Bearish bias is valid as long as price stays below $33.96.
Target is set at $32.11, with an intermediate support at $32.60.
Risk-to-reward is favorable, making it an ideal short trade setup.
If the market follows this expected scenario, this trade has the potential to yield significant profit while maintaining disciplined risk management. However, always stay alert to market conditions and adjust strategies accordingly.
Silver (XAG/USD) – Rising Wedge Breakdown & Bearish Setup📊 Overview of the Chart
This 4-hour chart of Silver (XAG/USD) provides a classic example of a Rising Wedge Breakdown, a bearish reversal pattern. The price initially followed a strong uptrend, forming a series of higher highs and higher lows, but failed to sustain momentum at the key resistance zone (~$34.00 - $34.50). This led to a breakout to the downside, which has now confirmed a shift in market sentiment from bullish to bearish.
This analysis will break down each key level, the technical indicators supporting this trade setup, and how traders can approach it effectively.
🛠️ Breakdown of the Chart Components
1️⃣ Rising Wedge Formation (Bearish Pattern Identified)
The price action created a Rising Wedge, which is a bearish pattern characterized by an uptrend where the higher highs and higher lows start converging into a narrowing range.
This shows that while buyers were pushing prices higher, their strength was gradually fading.
The breakdown of this structure signaled a loss of bullish momentum, leading to a shift in trend.
2️⃣ Resistance Level & Sell Zone Identified
The resistance level at $34.00 - $34.50 has acted as a supply zone where sellers stepped in, preventing further upside.
A bearish rejection at this zone confirms that sellers are still dominant.
3️⃣ Retest of the Broken Support (Key Confirmation)
After the breakout from the wedge, the price made a retest of the broken trendline, a classic move before further downside.
Retesting this area confirms that it is now acting as resistance rather than support, further strengthening the bearish case.
4️⃣ Trendline Breakout – Shift in Market Structure
The dashed trendline was previously supportive, but now that the price has broken below it, it has turned into a resistance level.
This shift in market structure is a strong bearish signal.
5️⃣ Key Support Levels & Target Projection
The next major support level is at $32.00, a level where price previously found demand.
The ultimate target price is around $31.18, which aligns with historical support and Fibonacci retracement levels.
📉 Trading Strategy – How to Trade This Setup?
✅ Entry Point (Short/Sell Setup)
A good shorting opportunity arises if the price retests the resistance at $33.50 - $34.00 and shows bearish confirmation (like a rejection candlestick or a bearish engulfing pattern).
📍 Stop Loss (SL) Placement
SL should be above $34.20 to avoid getting stopped out by potential fakeouts.
🎯 Take Profit (TP) Levels
TP1: $32.00 (First support level)
TP2: $31.18 (Final bearish target)
📊 Risk-Reward Ratio
Entry at $33.50 - $34.00 with SL at $34.20 and TP at $31.18 provides an excellent risk-to-reward ratio (~1:4).
📌 Market Sentiment & Conclusion
🔴 Bearish signals are dominant, suggesting further downside potential.
📉 A strong bearish move is expected if the price fails to reclaim $34.00.
🎯 Targeting $31.18 in the upcoming sessions.
📢 Final Advice: Traders should watch for confirmation before entering trades. A successful retest and rejection at $33.50 - $34.00 will be a high-probability short setup. 🚀
🔥 Follow price action and risk management principles for a successful trade! 🔥
Silver's Limited Rebound at $33.06Posting a modest rebound after last week’s dip, silver currently trades around $33.06 per ounce. The recovery is limited as easing geopolitical tensions compete with the pressure from a strong U.S. dollar. Demand stays strong due to tariff uncertainty and inflation risks, but weak industrial outlook, mainly from China, and hopes for a Russia-Ukraine ceasefire are limiting silver’s gains. Still, tightening supply and global economic concerns are helping keep silver near five-month highs.
If silver breaks above $33.75, the next resistance levels are $34.05 and $34.85. On the downside, support is at $33.10, with further levels at $32.50 and $32.15 if selling pressure increases.
BEARISH SWING XAGUSD SELLFeel free to wait for a pullback to the second entry or market execute. This sell should play out within the week. Happy Trading!!!
Silver The Week Ahead 24th March '25Silver bullish & overbought, the key trading level is at 3194
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Silver Wave Analysis – 21 March 2025
- Silver reversed from resistance level 34.00
- Likely to fall to support level 32.00
Silver recently reversed down from the key resistance level 34.00 (which stopped the previous intermediate impose wave (3) at the end of October) standing close to the upper weekly Bollinger Band.
The downward reversal from the resistance level 34.00 stopped the previous impulse wave 3 of the higher order impulse wave (5) from the end of 2024.
Given the strength of the resistance level 34.00 and the overbought weekly Stochastic, USDCHF can be expected to fall to the next support level 32.00.
XAG/USD LONG XAG/USD LONG "break of a resistance area and retest it + 50% fib retracement + trendline "
if the 33.00000 didn t hold we might see a deeper pullback to 32.60000 area as the 200ema can play as dynamic support + support area
Silver Steadies Near $33.20 After PullbackSilver hovered near $33.20 on Friday morning after two consecutive sessions of decline. The recent upward momentum, initially fueled by China’s stimulus measures, has temporarily stalled. Nevertheless, the potential for further gains remains intact amid persistent uncertainty surrounding former President Trump’s tariff policies and escalating geopolitical risks. In addition, the Federal Reserve’s soft approach to interest rates, even if temporary, continues to support interest in non-yielding assets like silver.
If silver breaks above $33.75, the next resistance levels are $34.05 and $34.85. On the downside, support is at $33.10, with further levels at $32.50 and $32.15 if selling pressure increases.
