XAGUSD01 trade ideas
Silver is in the Bearish trend after testing ResistanceHello Traders
In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET
today XAGUSD analysis 👆
🟢This Chart includes_ (XAGUSD market update)
🟢What is The Next Opportunity on XAGUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
A thought Hi, "Happy new year"
giving just my thoughts being one of the participant of many chat groups, might be the one participating in highest numbers of chat groups
every now then, participants use some words/phrases, if trade didn't work according to their setups , giving here my opinion , your are free to give your opinion and experiences
thanks
Silver - looking bullish and head towards 60k resistantHello mates, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest trading strategy on what we see price movement on the chart. A key part of my discipline is always setting a Stop Loss when opening a trading position, which ensures every trading is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!
Silver Price Action Analysis: Potential Reversal and Key LevelsTVC:SILVER Silver Price Action Analysis: Potential Reversal and Key Levels
Chart Analysis
Description
The chart displays the price action of Silver (CFDs on Silver / OZ) on a 4-hour timeframe. The chart includes several technical indicators and levels:
Price Levels:
Resistance Levels: 32.9560, 32.3239, 32.3239
Support Levels: 30.8758, 29.6600, 29.6210, 29.5970, 29.1886, 28.7300
Volume Profile:
The volume profile on the right side shows high trading activity around the 29.5970 level, indicating a significant area of interest.
Indicators:
Relative Strength Index (RSI): The RSI is currently at 59.10, indicating potential bullish momentum.
MACD: The MACD histogram shows a mix of green and red bars, suggesting a period of consolidation with potential bullish divergence.
Smart Money Concepts (SMC):
Change of Character (ChoCH) and Break of Structure (BOS) are marked, indicating potential reversal points.
Elliott Wave Analysis:
The chart shows potential wave patterns, suggesting a corrective phase might be ending, and a new impulsive wave could start.
Buy and Sell Strategies
Buy Strategy
Entry: 29.5970 (current price level with high volume)
Take Profit 1 (TP1): 30.8758 (next resistance level)
Take Profit 2 (TP2): 32.3239 (higher resistance level)
Stop Loss (SL): 28.7300 (below the recent support level)
Sell Strategy
Entry: 29.1886 (if price breaks below this support level)
Take Profit 1 (TP1): 28.7300 (next support level)
Take Profit 2 (TP2): 27.0000 (lower support level)
Stop Loss (SL): 29.6600 (above the recent resistance level)
Follow @Alexgoldhunter for more strategic ideas and minds
SILVER SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are targeting the 28.654 level area with our short trade on SILVER which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
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Silver Will Fly as the market OpensWe have observed silver is moving in upward trend with in parallel channel and it has taken rejections from support and resistance zones multiple time. Currently silver is at support zone and will get reversal from here so put your entries in buy target should be 30.00
XAGUSD Eyes 1M PP After 1Y SupportHello,
OANDA:XAGUSD has found support near the 1Y PP and is currently moving upward toward the 1M PP. If the price can break through and hold above this level, further upside momentum is likely. However, if the 1M PP acts as a resistance point, the previous low may be retested, with a potential revisit to the 1Y PP.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
SILVER BEARISH BIAS|SHORT|
✅SILVER made a bullish
Rebound from the support
Level below at 28.77$ just
As I predicted in my previous
Analysis but the price has
Retested a horizontal
Resistance level of 29.90$
So we are locally bearish
Biased and we will be expecting
A local bearish correction
SHORT🔥
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Silver- Obvious Head and Shoulder pattern, with great potential!Hi guys, today we are overlooking Silver (XAG/USD) with some great Technical analysis. Currently the overview is on a 1D time frame making this opportunity Mid-Term as to how much time we would expect it to reach it's destination.
Currently as we can see on the chart there has been a perfect formulation of the typical Head and Shoulders pattern. Additionally I would say on a shorter term the overall price has entered and formuilated a Descending Channel, which boost's our confidence in the price action that we are expecting. Additionally we are looking into the fundamentals so we can get the extra confidence in the price action that we are targeting.
Entry: 29.31
Target: 26.60 which is just above the Strong Support Level
Do let me know what you think about this analysis in the comments and what is your overview on this great Precious Metal.
Silver H4 | Rising into overlap resistanceSilver (XAG/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 29.83 which is an overlap resistance.
Stop loss is at 30.30 which is a level that sits above the 38.2% Fibonacci retracement and a pullback resistance.
Take profit is at 28.79 which is a multi-swing-low support.
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Fri 3rd Jan 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 (Silver) Buy. Enjoy the day all. Cheers. Jim
Incoming 30-40% crash for Silver to $20Forecast for 2025
On the above monthly chart price action has rallied an astonishing 140% since the lows of March 2020. A number of reasons now exist for a bearish outlook. Very bearish. They include:
1) Price action and RSI support breakouts.
2) Regular negative divergence. The time length used is the same as the positive divergence.
3) The Cup and Handle projection has achieved the forecast target.
4) The rising wedge breakout. The wedge allows a forecast to be made using the top and lower touch points for a 35% correction to $20.
Is it possible Silver continues to rally? Sure.
Is it probable? No.
Ww
Unveiling the Path: Silver's JourneyHello Traders
In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET
today XAGUSD analysis 👆
🟢This Chart includes_ (XAGUSD market update)
🟢What is The Next Opportunity on XAGUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Silver Short Setup: High-Probability Sell Targeting SSLFollowing the HTF bearish bias, silver is presenting a high-probability short setup. Price has respected both LTF and HTF Fair Value Gaps (FVGs), aligning with the overall downtrend. Additionally, the 30 MA has been decisively broken, adding confluence to the bearish narrative.
Key Points:
- HTF bearish bias confirmed with respect to FVGs on multiple timeframes.
- Price broke below the 30 MA, signaling a shift in momentum.
- High-probability sell setup targeting previous day’s low, where sell-side liquidity resides.
- Equal lows (EQL) observed at the target level, increasing the likelihood of a liquidity sweep.
Trade Idea:
- Entry: Around 29.30 after price confirms rejection from FVGs.
- Target: Sell-side liquidity at 28.78 (previous day’s low).
- Risk: Ensure proper risk management with a stop loss above the FVGs for protection.
- The setup aligns perfectly with ICT principles, leveraging liquidity sweeps and fair value gaps for high-probability entries. As always, DYOR before taking any trades.
DYOR :)
Is silver about to go BONKER!!??Good Day, Fellow traders and followers,
IS SILVER ABOUT TO TO GO BONKERS?!?!?!?
This chart is kind of busy, I don't normally make busy charts, but there is so much going on in this monthly chart. Lets dig in!!
First off, lets start with the price action, it has clearly broken through resistance (blue line). Also, the price action is in a purple cup, that's actually the handle of the GIANT 40 YEAR cup and handle it has been in. The green lines are the support and resistance areas. Also I have added what seems to be a pattern of 50 bars bottom consolidation that does also happen to resemble a Wyckoff a pattern before a break out.
Lets move on to the indicators
RSI - I have drawn in a support band for the silver RSI. IT really likes the 46, 50 to 55 level before a break out. Going below here is either very bearish or the best buy in bull market.
STOCHASTIC RSI - has had a massive cross recently on which chows momentum coming in to this market.
RSI 3 LINES - WOW!! This looks like a serious power play for silver, ever since the RED line crossed down through the GREEN, it found support on the blue and turned right back up in big way!! Also it look like the BLUE could follow suit very soon which would confirm bullish movement for this asset as all the colors would be aligned.
THE LAZY BEAR - This one is kind of a no brainer. Breaking out above and holding the 0 level usually leads to big moves higher!!
ASO (SENTIMENT) - It looks like there is a 50 bar pattern here and within it could be another 12 bar pattern right before a break out.
Please keep in mid every bar is monthly, so what might seem like a small pattern could be a year long.
I want to add, I do believe there is a fairly substantial move coming to silver. I'm not sure where it would be going to0, however I do know that the last true resistance is at aprox $35 usd Getting above that on a monthly level could or should lead to NEW ALLTIME HIGHS in short order well above $50 usd to possibly $70 to $80 before a correction. Any Correction at that point would be considered a buying opportunity !!
Please like and share this chart to all silver lovers!
Also, any questions or comments are welcome down below!!
Kind Regards,
WeAreSat0shi
XAGUSD potential double bottom patternOn the 4-hour chart, XAGUSD has formed a potential double bottom pattern. The current upper resistance is around 29.87. If it breaks through, it will continue to rise, with the upward target looking at the 30.45-30.74 area. The current key support below is around 29.0.