XAGUSD | 19.11.2024SELL 31.250 | STOP 31.700 | TAKE 30.800 | Down moving from local resistance level.
XAGUSDG trade ideas
XAGUSD - Silver/USD- Sell (SHORT) Trade Call - 15mPresently Silver is in Downward trend.
Parallel channel has been drawn and price has been respecting the channel. However, currently price has just spiked up out of channel, therefore, it would be wise to wait till price falls back in the channel and preferably break previous Lower Low to enter the Sell Trade.
AB=CD pattern has been drawn to draw the confluence and arrive to TP.
Sell (SHORT) Trade Call
Entry Buy: 29.90340
SL: 30.42867
TP: 29.09300
Top 5 Weekly Trade Ideas #2 | Silver Bull FlagSilver is another interest rate sensitive ticker with a bullish pattern heading into next week's fed decision. It has a nice bull flag on the 1D. It did have a fakeout below, but the lower trendline is still being respected and it closed at the top end of the flag last week. If it breaks above, I'd expect continuation to at least 32.50.
Final target will be around the 37 area based on the flag pole length depending on where the breakout occurs. I'll look to enter longs on a break, or ideally a retest after. Stop loss will be back below the upper trendline if it breaks above.
Silver - Bearish OutlookNow that trend has changed I will finally start looking at opportunities to short Gold and Silver.
Let the descent commence.
Analyze the chart and the tools if you'd like. I use parameters on to take this trade.
#Silver trendline break out or breakdown" OANDA:XAGUSD continues respecting the ascending trendline, signaling bullish momentum. Price rebounded off the **0.236 Fib retracement**, with RSI showing room for further upside. A breakout above $32 targets $35+, while a breakdown below the trendline invalidates the setup. Bulls are in control—key support holds! #Silver #TechnicalAnalysis"
SILVER - NEW BREAKOUT !Hello Traders !
On Thursday 24 Nov, The Silver reached the strong support level (30.07670 - 29.70850).
Currently, The price broke the last lower high (Change of Character).
So, I expect a bullish move📈
________________
TARGET: 31.93700🎯
Top 5 Weekly Trade Ideas #2 - Silver LongSilver had a nice downtrend breakout after some recent weakness and looks poised for another leg up if it can hold this area. This is by far my favorite trade in the market right now. Targeting $32.50 and beyond. Stop around $30.70.
Silver Investors Should Be Cautious HereCaution is warranted here in the #silver market.
If the correction in silver follows the same ABC pattern we saw between May & August, we may have one final selloff before the bull market resumes in force.
#XAGUSDT ( silver )Inside a green pattern is oscillating.
My personal opinion is that
Until it comes under the support of the green line (under $29.7)
Can you consider the green pattern kiss on the ceiling
SILVER Will Go Higher From Support! Buy!
Please, check our technical outlook for SILVER.
Time Frame: 15m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 31.396.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 31.547 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
XAGUSD Silver: Is the Bullish Breakout Here to Stay?👀👉 Silver (XAG) has been gaining bullish momentum, with a clear breakout in market structure visible on the daily and 4-hour timeframes. My bias remains bullish, and I’m closely monitoring a retracement into the Fibonacci 61.8% zone for a potential entry. In this video, we take an in-depth look at Silver, applying a trend continuation strategy to identify high-probability setups. Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always conduct thorough research before making trading decisions. 📊✅
SILVER: Move Up Expected! Buy!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 31.54737$
Wish you good luck in trading to you all!
SILVER SHORT FROM RESISTANCE
Hello, Friends!
We are targeting the 30.477 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.
✅LIKE AND COMMENT MY IDEAS✅
Silver price alining bullishly in the key Daily Chart
I think we might get more upside moves in the Gold and Silver price.
I think the daily silver chart is looking for a buy entry today. Long term trend-line is in a bullish alignment and it's coming out of an oversold state offering attractive buy prices to investors.
I EXPECT SOME SELLING to occur for the next little while and perhaps a move down and then a brief consolidation before a move up.
XAGUSD_4H_SellSilver analysis update Elliott wave analysis The market is trying to make an upward correction, and this top can be considered Elliott wave 4 We are an important resistance area and we are not currently buying the market to create a new position The important number and range of resistance is 31 to 32 The medium-term time number and support is 30.55. If this number is lost, we will enter the last wave of decline as wave 5 to the target of 28.800.
IS SILVER READY FOR UPWARD RALLY?Silver!
N.B!
- XAGUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#silver
#xagusd
Silver Gains Traction: Short-Term Upswing Expected● Silver continues to exhibit a robust uptrend, having recently touched an all-time high of 34.9 before retracing to its key support zone around 29.8.
● Following a successful bounce off this level, the metal is now regaining momentum, positioning itself for further gains.
● Notably, the immediate resistance level – aligned with the 50% Fibonacci retracement, just 3% above the current price – presents a prime short-term buying opportunity for traders to ride the anticipated upswing.
Silver H4 | Potential bearish reversalSilver (XAG/USD) has reversed off a resistance zone identified by the 38.2% Fibonacci retracement and the red Ichimoku Cloud, and could potentially drop lower from here.
Sell entry is at 31.17 (at market).
Stop loss is at 32.25 which is a level that sits above the 50.0% Fibonacci retracement level and a swing-high resistance.
Take profit is at 29.79 which is a swing-low support.
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SilverDuring last weeks trading session, I highly anticipated the upside on silver, unfortunately it continued with a pull pack to the downside and we lost a couple of trades trying to find a better price point. Yesterday i took an early entry for the upside which is currently paying off, previous trade entry has been triggered and is now in profit, basically we have recovered our losses from the previous week, just by sticking to the trading plan and risking low all the time for higher reward. Please see previous ideas to see where we come from last week. two new entry points have also been uploaded here, fishing for those entry prices as well, please trade with caution.
XAGUSD. Trading opportunityHello traders and investors!
On the hourly timeframe, it's a long trend. In the last impulse, the key bar is in the middle at the 50% level of the impulse (!).
Locally, you can look for buying opportunities from the buyer’s defense of the 31.272–31.2 range. It’s better to set close targets, like the local high, or trail the trade. The buyer may be able to reach 32.16.
On the daily timeframe, the seller's vector 9-10 within the range is still relevant.
Good luck with your trading and investments!
Potential bullish rise?The Silver (XAG/USD) has reacted off the pivot and could rise to the 1st resistance which is a pullback resistance.
Pivot: 31.00
1st Support: 30.24
1st Resistance: 32.05
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BUY SILVER (XAGUSD) - Price action entry strategy explainedTrader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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