Bearish continuationThe white metal failed to rally up into the 32.000's and we'll likely go further down and touch the Weekly lows.
XAGUSDG trade ideas
XAGUSD updateSilver has formed a descending trend line and broke it so now we can expect this pair to retest the blue upper trendline on the higher timeframe so we can enter a buy position now and once he reject the high trend we can close our buy and enter a sell trade
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XAGUSD 4hr ShortXAGUSD
✅ 4hr Short ✅
💰ENTRY: 31.81100
👎STOP LOSS: 32.16000
TP TARGETS
⏰TP1
⏰TP2
⏰TP3
✅ 3. 4hr Time Frame: Price has made a valid correction into the 10 EMA.
✅ 4. Price has made a Swing high Engulfing candle below the 50ema.
This is a great example of my systematic system.
Silver Short-Term Analysis for 08/11/2024Disclaimer: This is my personal opinion and is intended for educational purposes only. Please consult your financial advisor before making any decisions.
Time Frame: 4-hour
Market Analysis:
The 4-hour XAGUSD chart exhibits a bearish trend, with the Relative Strength Index (RSI) indicating a slight oversold condition.
Key Levels:
POC (Daily Point of Control): 30.59
Order Block (Lower Target): 28.90 - 28.72
Resistance: 32.74
Local Support: 30.12
Trading Bias:
The price is retesting the strong support level at 31.47. If it holds, the price may move upward to 32.75 (POC). Conversely:
A break below 30.12 (local low) could send the price to 30.80 (previous low).
If 30.81 holds as support, the trend may turn more bearish, potentially dipping to 28.92 - 28.72.
SILVER - Bullish Bias - 1h TFSimple Dow therory principle
Series of HH-HL
Stop Loss should be last HL
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: Local Correction Ahead! 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 31.23713$
Wish you good luck in trading to you all!
Silver - Bullish IdeaThe metal took a long beating from 34$ to 30$ and was in douwntrend, but now it have started to show sign of bullishness. The metal is about to broke it long term downtrend line after encountering good support zone of daily and a bullish divergence on RSI. The metal needs to be watched carefully and entry can be taken only once it break the it LH @ $32.
SILVER: Long Trade with Entry/SL/TP
SILVER
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long SILVER
Entry Point - 29.966
Stop Loss - 29.122
Take Profit - 31.489
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
SilverXAGUSD ( Silver / U.S Dollar )
Falling Wedge as an Corrective Pattern in Short Time Frame
Break of Structure
Completed " 12345 " Impulsive Waves
Fibonacci Level - 38.20% / 50.00%
Change of Characteristics
Silver Heading for a Breakdown? targeting $30📉 Silver Heading for a Breakdown? ⚠️
OANDA:XAGUSD is facing a major test at $33.10. Failing to hold this level could see Silver tumbling down towards $30! 🚨
📊 Key levels to watch:
Breakdown at $33.10
Major fall expected below $32.50 📉
RSI divergence and rising selling pressure signal that a correction might be on the way! 📉📉
Silver (XAG/USD) Analysis:
The daily chart of Silver (XAG/USD) reveals critical insights for traders:
Resistance and Breakdown Levels:
Silver has reached a critical resistance zone at $33.10. Any failure to hold above this level signals a potential breakdown.
$32.50 serves as the major breakdown point, and if prices dip below this, we could expect further downside movement towards $30.
Bearish Momentum:
The recent price action shows a lower high, which could signify weakening bullish momentum. This is further reinforced by the declining RSI, indicating bearish divergence.
Next Key Support at $30:
The next major support sits around $30. If Silver breaches the $32.50 mark, the expectation would be a move towards this psychological level.
Volume Insight:
A slight increase in volume near the recent resistance suggests strong selling pressure at higher levels. Traders should watch for any spike in volume accompanying a breakdown.
Conclusion:
If Silver breaks below the $32.50 level, a drop towards $30 becomes highly likely. Traders should monitor for potential bearish confirmation, especially with the weakening RSI and volume cues.
XAGUSD is expected to continue to declineOn the daily chart, XAGUSD fluctuated downward, and the price was running below the downward trend line. At present, attention can be paid to the resistance near 30.8. If the rebound is blocked, short selling can be considered. The support below is around 29.7. If it falls below, it will continue to fall.
Bearish continuation setups taken on Silver and WTI today explaiIn this video, I walk you through my entire thought process during today's trading session. You'll learn how I selected the pairs and executed three key trades:
* Silver Breakdown Retracement Continuation Short, R4,5
* WTI Breakdown Continuation Short, R3
I'll also provide a detailed explanation of the BD Continuation setup, helping you understand how to apply this strategy in your own trading. Breakdown Continuation is one of my personal A+ playbook setups. Don't miss out on these valuable insights and tips!
Incoming ShortThe white metal is currently bullish, but the bullish momentum ran out of steam as price action failed to reach and stabilise the 35.00 region. While the metal is correcting, failure to break through and stabilise above 34.9 - 35.00 will likely see bearish momentum to the immediate supports.
#XAGUSD 1HXAGUSD (Silver) 1-Hour Analysis
The XAGUSD pair is currently forming a falling wedge pattern on the 1-hour chart, suggesting a potential bullish reversal. Falling wedges often indicate a slowing down of bearish momentum, with the possibility of an upward breakout. This setup presents a buy opportunity as silver approaches the wedge's support line.
Technical Outlook:
- Pattern: Falling Wedge
- Forecast: Bullish (Buy Opportunity)
- Entry Strategy: Buy near the wedge’s support or wait for a breakout above the wedge
Traders may look to enter a buy position near the support line or on a confirmed breakout, with targets at higher resistance zones. For added confirmation, indicators such as RSI reflecting oversold conditions or MACD showing a bullish crossover can strengthen this buy setup, supporting a bullish outlook for XAGUSD.
SilverStill looking for that long term buy on silver, took a number of losing positions on this trade, as you can see, but we still sticking to our trading plan and waiting for that trade to eventually take off, please exercise caution when trading low risk trades as usual. see previous idea below and reason for the push up
XAGUSD buySilver trading idea looking at the setup we see a harmonic pattern and market hitting a resistance, if it holds then it will be bullish
Silver H1 | Resistance at 61.8% Fibonacci retracementSilver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 31.72 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 32.30 which is a level that sits above a swing-high resistance.
Take profit is at 30.95 which is a swing-low support.
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XAGUSD: Key Support Levels to Watch for Potential DownsideHello,
OANDA:XAGUSD has recently moved downward, and further decline is anticipated. The first indicator of this trend will be if the weekly/monthly support at 31.211/30.049 fails. If this support level breaks, further downside is likely. Currently, confidence is centered on these levels holding as support, with most investors hoping for a bullish continuation. Time will reveal the outcome!
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Bullish Flag Emerges: Silver Gearing Up for the Next Rally?The bullish flag on Silver suggests that the market is in a temporary consolidation phase, with bulls gathering strength for the next push. A break above the pattern's resistance could trigger a continuation rally, while failure to do so may lead to further sideways movement.
Silver very bullish now. Giving its usual false breaks earlier
As I mentioned for Gold price and Silver, although overextended a bit in price still, I am seeing momentum swinging back for the bulls and on the important bigger timeframes like 4hr and daily.
This chart is a recent Fibs pullback. Check it out below.
XAGUSDXAGUSD ( Silver / U.S Dollar )
Completed " 12345 " Impulsive Waves at Extreme Point of Interest ( POI ). It has completed Break of Structure. Strong Divergence impacting Change of Characteristics to complete the Order Bloc
Potential Long buys on Silver Looking at the weekly TF, the market retested the resistance zone and it last low it made "the box thingy I draw", going down to lower TFs, signs of struggles show as the market tries to continue go down.
