XAGUSD01 trade ideas
SILVER LONG/BUYBy utilizing Fibonacci retracement levels, historical patterns, , we can formulate a hypothesis that the market might follow a similar trajectory if bullish sentiment prevails.
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.
Bullish momentum to extend?The Silver (XAG/USD) is falling towards the support level which is an overlap support and could bounce from this level to the upside.
Silver is indecisiveSilver is indecisive, in a triangle, near to breakout.
It could give a false breakout.
Breakout confirmation is necessary to find its future.
The only confirmation is the break of its recent swing High or Low.
Silver (XAG/USD) Rising Wedge Breakdown – Bearish SetupMarket Overview & Context
Silver (XAG/USD) has been in a strong uptrend, forming higher highs and higher lows over the past few weeks. However, recent price action suggests a potential shift in momentum as a bearish Rising Wedge pattern emerges. This technical pattern often signals a possible trend reversal or correction.
This analysis focuses on a 4-hour (H4) chart, which provides a medium-term perspective for traders. The market has recently encountered a strong resistance zone, and multiple price rejections indicate a potential downward move.
Chart Pattern: Rising Wedge Formation
The Rising Wedge is a bearish reversal pattern that occurs when the price moves higher within two converging trendlines. This structure suggests that while buyers are still in control, their momentum is weakening.
Key Characteristics of the Rising Wedge in This Chart:
Uptrend with Weakening Momentum:
The price has been rising, but the higher highs are becoming less aggressive.
The slope of the highs is flatter compared to the lows, which indicates declining bullish strength.
Converging Trendlines:
The price is getting squeezed between support and resistance.
This tightening range typically precedes a breakout, with a higher probability of a bearish breakdown.
Bearish Implications:
A breakdown below the wedge’s lower trendline confirms bearish sentiment.
The price could drop sharply toward the next major support level if sellers gain control.
Key Technical Levels & Trading Strategy
1️⃣ Resistance Zone (Supply Area) – $34.50 to $34.60
The price has repeatedly tested but failed to break above this zone.
This confirms that sellers are active in this area, leading to multiple rejections.
A strong supply zone, making it an ideal stop-loss placement for short trades.
2️⃣ Support Level (Demand Area) – $30.50 to $30.60
This level has acted as major support in previous price action.
If the breakdown occurs, this is the primary downside target for sellers.
3️⃣ Stop Loss – $34.61
Positioned just above resistance to minimize risk exposure.
Ensures that if price moves against the trade, losses are contained.
Trading Plan & Execution
📉 Short (Sell) Setup – Bearish Breakdown Expected
✅ Entry: A confirmed breakout below the rising wedge’s support trendline (~$33.50 - $33.80).
✅ Stop Loss: Placed slightly above $34.61, ensuring risk control.
✅ Target: $30.56, aligning with previous support zones and technical projections.
Risk-Reward Analysis
Entry at breakdown (~$33.50)
Stop loss (~$34.61) – Risk: ~1.1 points
Target (~$30.56) – Reward: ~2.9 points
Risk-to-Reward Ratio: ~1:3, making this a highly favorable short setup.
Confirmation Signals to Watch Before Entering a Trade
📉 Break and Retest of Support as Resistance
If price breaks below wedge support and retests it as new resistance, it strengthens the bearish case.
📉 Volume Spike on Breakdown
A sharp increase in volume when breaking support confirms strong selling pressure.
📉 RSI Divergence (Bearish Signal)
If the Relative Strength Index (RSI) shows lower highs while the price makes higher highs, it suggests momentum weakness and a pending breakdown.
Potential Trading Scenarios
📌 Bearish Scenario (High Probability) – Breakdown Confirmation
If the price breaks below the wedge’s lower trendline and closes below $33.50, it will likely accelerate downward toward $30.56. Traders should enter short positions and hold for the target while managing risk with stop-loss levels.
📌 Bullish Scenario (Low Probability) – Invalidating the Pattern
If the price breaks above $34.60 and holds, the rising wedge pattern is invalidated. This would signal continued bullish strength, and traders should avoid short positions.
Conclusion & Final Thoughts
✅ The Rising Wedge Pattern suggests a potential bearish reversal in Silver (XAG/USD).
✅ If the price breaks the lower trendline, a drop toward $30.56 is highly probable.
✅ Traders should wait for confirmation signals before entering a trade.
✅ Risk management is crucial, with a stop-loss above $34.61 to minimize exposure.
🔹 This setup presents a strong risk-to-reward opportunity, making it ideal for traders seeking short positions in Silver.
XAG USD LONG RESULT Silver price was overall in a Bearish trend, but after the strong bear flag, price hit the support and wanted to retest the Resistance Zone before further Breakdown as going.
I entered the trade for a long, but price dumped a little just before moving to our TP.
Might have extended the SL zone but it's a loss I'm proud of. We go again 💪💯🔥.
_THE_KLASSIC_TRADER_.
Bullish momentum to extend?The Silver (XAG/USD) has bounced off the pivot and could rise to he 1st resistance.
Pivot: 33.56
1st Support: 33.09
1st Resistance: 34.91
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.
Silver ready to Break Long CUp & Handle Formation since 1980-26?Recession history includes major events like the Great Depression, the Oil Embargo Recession of 1973, the Gulf War Recession, the Great Recession of 2008, and the 1991 Indian economic crisis, each with unique causes and impacts. Energy Crisis Recession (1981-1982):This Time Trump Tariff ,IRAN War, Russia Ukrain Silver first Target 48 Next after breakout $70 ++ ?
Silver highest quarterly close since 2012Silver managed to close above $34 for the month and quarter...this is the highest quarterly close since Feb 2012! This is huge news and in my opinion a clear indicator that it is about to take off. Spend a bit of time digesting this chart...lots of strong confluence, and super strong structures are visible!
2008 high-low trendlineShort into 2022/2023 to $17 or (if break 2008 trendline) to $7
Long after 2022/2023 to $42
SILVER BEARS ARE GAINING STRENGTH|SHORT
SILVER SIGNAL
Trade Direction: short
Entry Level: 3,407.8
Target Level: 3,255.2
Stop Loss: 3,509.1
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Silver (XAG/USD) Price Analysis – Key Levels & Market Outlook🔍 Key Observations:
📊 Current Price: 34.19250 USD
📈 DEMA (9, close): 34.25605 USD
🎯 Target Price: 35.38940 - 35.5000 USD
🔵 Zones Identified:
🟦 Supply Zone: 34.50 - 34.80 USD (🔼 Selling pressure area)
🟦 RBS Zone: 34.00 - 34.20 USD (🔽 Potential bounce zone)
🟦 Lower RBS Zone: 32.80 - 33.20 USD (⬇️ Strong support)
📉 Market Scenarios:
✅ Bullish Case:
Price bounces off the RBS zone at 34.00 USD ➡️ Uptrend resumes 🚀
Target: 35.50 USD 🎯
❌ Bearish Case:
Breaks below 34.00 USD ❗
Next stop: 33.00 USD ⚠️
📢 Final Thoughts:
🟢 Buyers: Wait for a bounce at 34.00 USD before entering 📈
🔴 Sellers: Look for rejection at 34.50 - 34.80 USD or breakdown below 34.00 USD 📉
⚡ Key Level to Watch: 34.00 USD 👀 A hold = bullish 📊, a break = bearish ⚠️
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
Could the Silver reverse from here?The price is rising towards the pivot which has been identified as a pullback resistance that lines up with the 138.2% Fibonacci extension and could reverse to the 1st support which is an overlap support.
Pivot: 34.86
1st Support: 32.94
1st Resistance: 36.08
S&P500 (US500) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance which is an overlap resistance.
Pivot: 5,405.74
1st Support: 5,176.07
1st Resistance: 5,769.85
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.
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 with…….trading with the trend, patient and good risk management is the key to success here
XAGUSD Silver outlookThis is my current view on XAGUSD. I have a trade running which has a lose target starting around $36, but will be subject to change as the price action develops. I'm in silver for the chance that we see much higher prices than that!!. Trading spot is a small part of my exposure to the silver sector.
Mon 31st Mar 2025 XAG/USD Daily Forex Chart Buy 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 Buy. This is not a valid Buy set up as per my rules but it is assisting with my original Sell trade dated 24th Mar as I go into my multi sequence hedging technique. Enjoy the day all. Cheers. Jim
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
📌 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.
📉 Bearish Outlook – Price likely to drop toward $30.46 target
⚠️ Risk Management is crucial – Stop Loss at $34.80
🎯 Breakdown confirmation needed before entering short positions
Would you like me to refine any part or add more insights? 😊
SILVER: Short Trade with Entry/SL/TP
SILVER
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short SILVER
Entry Point - 34.116
Stop Loss - 34.505
Take Profit - 33.483
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
Setting Support and Resistance Levels on a ChartIdentifying support and resistance levels helps pinpoint potential points of price growth or decline for an asset.
I’ve tried various methods, such as Fibonacci levels and Gann fan, but they tend to be inconsistent—sometimes they work, sometimes they don’t. In practice, marking previous highs and lows on the chart and using them as reference points has proven to be much more effective.
If the price confidently breaks through a previous peak, it strongly suggests a trend continuation. However, it’s important to understand that support and resistance levels are not impenetrable barriers but rather guidelines indicating where the price might move. These levels are useful for:
setting stop-losses,
calculating the risk-reward ratio,
providing additional confirmation for entering a position.
When the price approaches a previous high, it’s crucial to observe market reactions. Jumping into a long position expecting a breakout or shorting in anticipation of a pullback isn’t always the best approach. It’s more rational to wait, see how the price interacts with the level, and then make a trading decision.
I mark key levels retrospectively, using data from several decades if available.
Example: Silver
Let’s see how this method works with silver.
In January 1980, the price peaked at $47.97, followed by a global decline.
In May 2011, 30 years later, the price approached $47.97 again, slightly surpassing it but failing to reach $50. After that, a major downtrend began.
This example clearly demonstrates the strength of support and resistance levels—even without considering inflation. And it's not the only one.
How to Apply This Method?
Open a chart of your chosen asset on higher timeframes (1D, 1W, 1M), study historical data, and mark key high and low levels. This will help you better understand the market and make more informed trading decisions.
