Silver , Long Trade Setup 4 hour chartlooking for a re-trace to the S/R level to enter a long trade position
XAGUSDG trade ideas
XAGUSD_15M_Buysilver analysis We bought in the range of 31,800 Today's important support number is 31,600 Buyer's minimum 31.500 Margin and main resistance 32.500
XAGUSD / SHORTOB and patern on lq base in low we could expect a short trade on it dont forget to risk free
SILVER Will Go Lower! Short!
Please, check our technical outlook for SILVER.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 31.898.
Taking into consideration the structure & trend analysis, I believe that the market will reach 31.450 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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XauUsd&XagUsd- Are they ready for up continuation?In this video, we explore the potential for XAU/USD (Gold) and XAG/USD (Silver) to continue their upward trend. We'll also highlight the key levels to watch for trading opportunities. Don’t miss out!
SILVER BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
The BB upper band is nearby so SILVER is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 31.169.
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Silver XAG/USD Analysis --- 10.12.2024Here's a brief analysis of silver:
1. Resistance Area: The marked resistance zone is near the price level of 32.265. Price action indicates potential selling pressure at this level.
2. Target Area: The target area is marked near 30.957, showing a potential bearish target if the price fails to break the resistance zone and reverses.
3. Current Price Action: The price appears to be in a consolidation phase just below the resistance area, indicating indecision. A breakout above resistance could signal further bullish momentum, while rejection at this level could lead to a move toward the target.
4. Strategy Implication:
If resistance holds, traders might look for sell opportunities targeting the green "Target Area."
If the resistance breaks convincingly with volume, the bearish target might be invalidated, and new upward targets could be considered.
Careful monitoring of price action around the resistance zone is crucial for trade confirmation.
XAGUSD-LONGXAGUSD was trading in a bearish trend,now price has formed an inverse head and shoulder pattern which is a reversal pattern,we will take a long trade at the break of neckline
SILVER MONTHLY CHART ANALYSISCRT BUY MODEL...
I'm expecting silver to push up until the candle range high is swept. 34.8850
SILVER Potential Short! Sell!
Hello,Traders!
SILVER went up sharply
Then hit a horizontal
Resistance level of 32.33$
And we are already seeing
A local bearish reaction
So we will be expecting
A further local move down
Sell!
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SILVER - Idea for a long !!Hello traders!
‼️ This is my perspective on SILVER.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. I want price to continue the retracement to fill that huge imbalance and then to reject from bullish OB.
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XAGUSD | Zones/Movement UpcomingStrength feeding into metals today is giving way to momentum and local price rejection.
Would not be surprised if slight trickle before any continuation. Sentiment case would need to persist to continue rallies.
SILVERPrice and Time Targets:
Price: >50% to <78.6% of W.1
Time: Minimum >50% of W.1, most likely 62-162% of W.1
Silver- ready to shine?Current bar looks prominent, rising above all EMAs, rally may start once silver crosses 32.9, lets wait and watch!
XAGUSD for buy.Weekly channel+ break of bearish trendline and major resistance zone. Wait for pullback or a retest to the support zone below.
XAGUSD - BuyXAG/USD has shifted into a bullish trend and is expected to maintain this trajectory unless the prevailing market structure changes. Entering buy positions at the current levels is considered a valid strategy, with the -61% Fibonacci retracement level serving as the breakeven point.
SILVER (XAGUSD): Important Breakout & What is Next⚠️SILVER is trading in a bullish trend, moving within an ascending parallel channel on a 4-hour timeframe.
The price has broke and closed above an important daily resistance level.
This breakout serves as a powerful bullish signal, potentially driving the market significantly higher.
It is expected that the price will continue to grow within the limits of the ascending parallel channels.
The next resistance level is at 32.00.
#XAGUSD Break Rounding Bottom Pattern in 15 MinXAGUSD Silver Form Rounding Bottom Pattern in Shorter Time Frame
Entry =31.2890$
Target = 31.7106$
Stop Loss = 31.0800$
TO ALL LAZY INVESTORS LIKE ME OUT THEREHI BROTHERS AND SISTERS
As you may noticed before, I generally refuse to publish my short-term ideas. because i prefer to be useful for average, unprofessional people to help them live better.
I believe that right now there is an opportunity to earn easy money in silver. if you buy silver around 31$ there is a chance to sell it around 40$ per ounce.
does it fly further? who knows? everything depends on breaking or not breaking the ATH
BEST WISHES
Silver could rise 2k pipsIn my previous analysis of Silver, I highlighted the 31.40 resistance zone, suggesting that the price could reverse from that level and potentially drop below 30.
Initially, the price did retreat after touching the 31.40 zone, but it lacked follow-through to the downside. As of now, Silver has returned to this key resistance area.
Recent price action resembles a "build-up" pattern, with the market steadily pressing against this resistance.
A decisive break above 31.40 would also activate a double-bottom pattern visible on the daily chart. Based on the measured target for this pattern, Silver could gain as much as 2,000 pips in the days ahead.
1-hr Silver: Breaking Above A Critical Level Might Boost Silver Since Friday, Silver has corrected by $0.60, and the 1-hour charts show a Death Cross—a traditional sell signal. However, recent price action suggests strong upward momentum, as buyers increasingly enter on dips. This bullish view is reinforced by Silver breaking above the critical 61.8% Fibonacci retracement level. This move suggests the swing may not be a mere correction of the previous drop but rather a continuation of the broader uptrend. Additionally, Gold is also trending higher, and its strong historical correlation with Silver supports this outlook. We anticipate Silver could retest $31.40 in the short term. If it breaks above this resistance, the price may climb further, potentially reaching $33.00 by the week’s end.
Bullish rise?The Silver (XAG/USD) has reacted off the pivot and could potentially rise to the 1st resistance which acts as a pullback resistance.
Pivot: 30.06
1st Support: 27.99
1st Resistance: 32.49
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