XAGUSD01 trade ideas
Manufacturing Data Fuels Silver's RiseSilver rose above $31.5 per ounce, near its highest since early December, as easing trade war fears and strong manufacturing data stimulated demand. While Trump imposed 10% tariffs on China and 25% on Canada and Mexico, a delay in Mexico’s tariffs eased protectionist concerns. The ISM reported improving U.S. factory activity, reinforcing silver’s industrial demand outlook.
The Silver Institute projected a fifth market deficit in 2025, with strong industrial and retail investment demand outweighing weaker jewelry and silverware demand.
Key resistance levels are 32.50, 33.00, and 33.50. Support stands at 31.80, followed by 30.90 and 30.20.
SILVER (XAGUSD): Bullish Rally is Going to ContinueSilver has been in a strong uptrend for over a month, breaking through a significant horizontal resistance level.
The current retest of this level is expected to hold within a rising parallel channel pattern, with further bullish movement anticipated towards the 32.90 resistance level.
Bear are coming in and may push the price lowerAs we can see the overall trend is an uptrend, the break above neckline and new higher high confirmed this. However if you notice the market failed to make new higher highs meaning we have sellers participating and they might push the trend down
It would be advisable to stay away from the market until we can clearly see who is in control of the market between Bulls and Bears
Now let's talk about the best entry point here, a break above Resistance would mean buyers regained total control of the market and we should look for buys here and If the market breaks below the Solid Low then we have our confirmation that sellers are in control and we should look for sells
so all in all it's best to wait and not chase the market as that can end in negative results. Good luck Traders
Silver, bullish or bearish? Greetings, traders! Welcome to this Silver (XAGUSD) market analysis, where we focus on identifying higher-probability trading opportunities.
In this video, I start by analyzing the yearly down to the daily charts, highlighting key trading zones, and discussing the confirmations we look for to optimize our swing entries.
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Bullish momentum to extend?The Silver (XAG/USD) is falling towards the pivot and could bounce to the 1st resistance which has been identified as a pullback resistance.
Pivot: 31.73
1st Support: 31.19
1st Resistance: 32.33
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Silver is in the bullish trend after testing supportHello Traders
In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET
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XAGUSD BULISH AFTER A SLIGHT FALLXAGUSD is in a total bullish movement, but it is currently experiencing a slight pullback. After this, we can aim for the target price marked on the chart.
As always, pay close attention to the danger zone and stop loss zone. If the close crosses these levels, the analysis will either be in danger or invalidated!
Note: My ideas are not intended for any type of scalping or scalpers!
You can find the full list of my ideas here: www.tradingview.com
Here are some of my ideas:
SILVER - 8th turn, what's next??#SILVER - market just at his historical area and market hold that area in history for 7 times, and now again market trying to break that area..
stay sharp guys.
because if market break that area in that case you can see a further rise in silver price.
good luck
trade wisely
Silver XAGUSD defies them all. Breakout 1Hr
You can see the 1Hr candles from earlier this morning NY time where the squeeze was on.
I think that this Tariff' business of Donny's will include some volatile days but from my understanding & in only the past 24 hours that whole thing will actually be supportive of the Gold price and Cryptocurrency's amidst some fear sellers from time to time.
SILVER Retesting Support - Continuation Toward 31.80?OANDA:XAGUSD recently broke above a key resistance zone, which has now turned into a support area. The price is currently retesting this level, creating a potential opportunity for buyers to step in and continue the bullish momentum.
If the support holds and we see bullish confirmation, such as rejection candles or a bounce, the price is likely to move higher toward the $31.80 level. This setup reflects a classic break-and-retest scenario, signaling potential trend continuation.
Let me know your thoughts or if you have additional insights on this setup!