XAGUSD next week projectionI believe Silver we will see initial rejection of previous week low (27.68387) and then we will break that level to reach TP 1 area (27.20795) and then TP 2 area (26.56371)Short02:10by Khankhankhan1
Silver Major Price Levels and Trend InsightsWelcome to my latest Silver (XAG/USD) technical analysis using Gann grid lines! If you're new to Gann analysis, don’t worry—I'll break it down in simple terms. What Is Gann Analysis? Gann analysis is a method developed by legendary trader W.D. Gann. It combines geometry, time, and price to identify key levels in the market where price action is likely to react. In essence, Gann theory suggests that markets move in predictable cycles and that certain price levels are more significant than others. How Does This Gann Chart Work? In the chart you see above, I've applied Gann grid lines, which create a web of horizontal, vertical, and diagonal lines across the chart. These lines represent price-time relationships and help identify critical levels where Silver’s price might find support or resistance. Each horizontal line corresponds to specific price levels (in US dollars), while the diagonal lines help capture the trend and potential pivot points. Key Price Levels Here’s a breakdown of the most significant levels that you can see marked on the chart: Resistance Levels: 427.5° = $33.49 (Strong overhead resistance). 405° = $32.05. 382.5° = $30.66. 360° = $29.29. Support Levels: 337.5° = $27.95 (Current level, a key area to watch). 315° = $26.64. 292.5° = $25.37. 270° = $24.13 (Major support zone). The numbers next to these levels represent angles or "degrees" in Gann theory, which are important for measuring cycles of price and time. What Do These Levels Mean for Silver? Currently, Silver is trading around the 337.5° level ($27.95). This level could act as strong support, and we could see a potential bounce if buyers step in. However, if the price breaks below this, the next significant support level is at 315° ($26.64). If Silver holds the 337.5° level: We might see a move back up towards $29.29 (360°), followed by $30.66 (382.5°) if the bullish momentum continues. If Silver fails to hold 337.5°: The price could drop towards $26.64 (315°), which is another strong support zone. Diagonal Trendlines and Time Cycles The diagonal lines crossing the chart represent Gann angles, which help forecast turning points in the trend. For example, when price interacts with these lines, it often leads to shifts in direction or momentum. These angles can give clues as to when a price change might occur in relation to both price and time. Conclusion In summary, Silver is at a key inflection point. A bounce from current levels could take the price higher toward $29 and beyond, while a break below $27.95 might lead to further downside. Using Gann analysis helps traders understand not only key price levels but also the timing of potential moves, giving a more complete picture of market dynamics. by Magic_xD3
SILVER Sellers In Panic! BUY! My dear friends, My technical analysis for SILVER is below: The market is trading on 27.937 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 28.271 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK Longby AnabelSignals111
$XAGgood spot to enter with the 7 ema on the monthly getting tagged also near the 200 ema on the daily long term swing trade for me looking for ath and moreLongby CompoundingGain0
SILVER Will Go Down! Short! Take a look at our analysis for SILVER. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 28.978. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 28.462 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 112
Silver trade of the week 06/09/24M structure of a zoneflip. H4 confluence and taken on M15Short01:27by Khankhankhan111
SILVER Risky Short! Sell! Hello,Traders! SILVER has hit a horizontal Resistance of 29.20$ and As we are already seeing a Local bearish reaction We will be expecting a Further local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals113
XAUUSD GoldPair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Break of Structure RSI - Divergence Fibonacci Level - 78.60% Bullish Channel as an Correction in Short Time Frameby ForexDetective0
SILVER: Move Up Expected! Buy! Welcome to our daily SILVER prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 29.07489$ Wish you good luck in trading to you all!Longby XauusdGoldForexSignals113
XAGUSD intraday buyintraday play for xagusd. bullish move possible to finish the week.Longby benuxcorp0
SILVER (XAGUSD): Waiting For BreakoutIt appears that SILVER is getting ready for a potential uptrend. After analyzing the 4-hour chart, I spotted a falling expanding wedge pattern with a confirmed breakout above its upper boundary. The main challenge for buyers now is the resistance level between 28.80 and 29.13 on the 4-hour chart. If the bulls manage to surpass and close above this level, it will be a significant indication of a bullish trend. Following this breakout, we can expect a bullish movement towards at least 29.60.Longby linofx1118
XagusdWe can see a nice fake breakout after forming a confimation pattern beloow which is W pattern indicationg the strong bullish momentum.Longby Primus0725Updated 3
Wave Analysis of Silver. #XAGUSDLooks like wave (ii) has completed at 27.710. we can expect strong bullish candle of wave (iii) anytime soon, if the above count is valid.Longby sikle1
SILVER WILL FALL|SHORT| ✅SILVER has retested a key resistance level of 29.20$ And as the price is already making a bearish pullback A move down to retest the demand level below at 28.48$ is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx113
Bearish drop off 61.8% Fibonacci resistance?XAG/USD has reacted off the resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could fall from this level to our take profit. Entry: 29.11 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement. Stop stop: 27.88 Why we like it: There is a pullback support. Take profit: 28.35 Why we like it: There is an overlap support level that lines up with the 50% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets8
SILVER SELLSSells of silver off a key level. No candle confirmation as yet. Anticipating NFP to either wick me out or drive downShortby shabbz6192
Bearish drop?The Silver (XAG/USD) has reacted off the pivot and could fall to the 1st support identified as an overlap support. Pivot: 29.11 1st Support: 28.33 1st Resistance: 29.61 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.Shortby ICmarkets5
Silver possible scenarios from technical analysis I'm very bullish on Silver and i expect it to get it 50$ but how long it will take, i can't tell, if your investing in physical, just buy it whatever the prices is now, but for day trading and short term swing, this is my analysis and potential scenario, i don't even know how this thing havent skyrocketed yet, fundamental wise, it's as valuable as gold hedging wise but even more since it's very needed as a conductor since silver is the best, and with AI and electrical vehicle and potential war coming, should have been booming, specially that historical wise gold silver ratio was 1:30 but now it's almost 80, maybe big banks are short or manipulation or whatever, anyway, that's my two potential different scenario on silver, white arrow is to see clearly how indecisive the silver path was, green arrow is the bullish scenario, and red arrow is the bearish scenario, i wish you the best!by marouuuuuun1
SILVER SHORTSILVER SHORT PLEASE DON’T BE GREEDY ENTRY POINT : yellow point TP : blue lines SL : below red line for LONG POSITION above red Line for SHORT POSITION INSTRUCTIONS: FOR risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20 like, boost, be followers PLEASE DON’T BE GREEDY Shortby RODDYTRADING0
Silver - ShortTechnically, silver has faced resistance twice at the 61.8% retracement level, and we expect the previous peak to be retested. Additionally, when we examine the H1 timeframe, we see that the price has formed a double bottom at the 61.8% level, and by breaking the neckline, it confirms its desire to move upwards. On the copy trade side, we made a pinpoint entry at the lowest level, and we will continue to keep our stop loss at breakeven until we see a clear reversal signal. Our target is to see an upward movement toward the previous peak.Longby TradeAndMeAppUpdated 4
SILVER: Move Down Expected! Sell! Welcome to our daily SILVER prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 28.48833$ Wish you good luck in trading to you all!Shortby XauusdGoldForexSignals113
Silver updateWhat is your opinion traders do you think it's gonna cover a gap to the right shoulder or not,according to my opinion it's not a must that market has to reach our expectations but it's good to move towards our direction n predictions soo far it has shift to the down side n any1 is allowed to take buying opportunities from this zone knowing that there is a gap that market might reach meaning money management is the one that will determine how long you gonna last in a trade.Longby mulaudzimpho1