SILVER RISKY SHORT| ✅SILVER surged again to retest the resistance of 31.54$ But it is a strong key level So I think that there is a high chance That we will see a bearish pullback and a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx112
Potential bullish rise?XAG/USD has reacted off the support level which is an overlap support and could rise from this level to our take profit. Entry: 30.68 Why we like it: There is an overlap support level. Stop loss: 30.056 Why we like it: There is a pullback support level. Take profit: 32.02 Why we like it: There is a pullback resistance level that aligns 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.Longby VantageMarkets7
Silver shaping for bullish move?Hi guys, Silver has consolidated after digesting gains from its last run up. Price has formed a double bottom on daily chart at precisely the 61.8 fib level from its most recent high to daily support. The right hand side of the double bottom is now looking like an inverse head and shoulders pattern on 4hr or 1 hour time frame with a break of the neckline. Price is currently retesting the neckline level where buy setups may appear on lower time frames. Safe Trading allby elyask120Updated 1
Silver double bottomSilver is a heartbreaker if it doesn’t play my game. On a slightly larger scale, I see a potential head and shoulders pattern forming on the Silver chart, indicating a possible downward direction. However, I also observe a double bottom pattern, where both bottoms have formed inverse head and shoulders patterns. If this “W” shape breaks upward, my target would be the 0.618 Fibonacci retracement level at 32.85. On a larger scale, this upward move could potentially develop into wave “B” of an ABC correction pattern.Longby kris_tarum0
XAGUSD - Short SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels. In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level lower. But to take more statistically more probable trades we should wait for some time of lower timeframe confirmation. For me the best way to confirm higher timeframe context is structure. We can notice the break of market structure (sign of weakness) on key liquidity level, so there is a higher probability to see price lower at least on opposite level (marked lower). Your success is determined solely by your ability to consistently follow the same principles.Shortby Maks_Klimenko3
Silver Sell IdeaXAG/USD - Sell Limit Opportunity Following Liquidity Sweep Silver (XAG/USD) has recently tapped into a key liquidity zone, creating an ideal setup for a potential reversal. The price action indicates that the market may face resistance at higher levels, offering a strategic sell limit opportunity. Key Observations: Liquidity Zone: Price has swept above a critical resistance level, trapping buyers and clearing stop-losses. Market Structure: Bearish rejection candles and weakening upward momentum suggest a potential downturn. Optimal Entry: A sell limit positioned at specific price level aligns with the identified resistance and liquidity grab. Trade Plan: Entry: Sell limit at specific level, anticipating a reversal from the liquidity zone. Stop Loss: Set above the liquidity sweep to account for volatility. Take Profit: Targeting support levels at specific levels, ensuring a solid risk-reward ratio. Risk Management: This trade capitalizes on market inefficiencies, but proper position sizing and a disciplined approach are critical. Monitor for confirmation of bearish sentiment before committing fully.Longby Vusizwe_Capital1
XAGUSD: Preparing for the Next Leg DownSilver has completed a five-wave structure to the downside, followed by a Zigzag correction near the 0.786 Fibonacci retracement level. I anticipate further decline in the market and recommend considering short positions after a confirmed break below Wave B.Shortby The_Traders_Memoirs1
XAGUSD bearish gattli patternOn the 4-hour chart, XAGUSD is currently forming a bearish gattli pattern. Currently, XAGUSD faces a downside risk, with a downside target of around 30.45. If the price breaks through the resistance around 31.45, an upward trend will begin.Shortby XTrendSpeed1
XAGUSDSilver formed a QM pattern in the two-hour time frame, if it can break the specified neckline and the candle confirms it, there is a possibility that silver will rise sharply to $35.Longby jafarsoltani1005
Bullish bounce off overlap support?The Silver (XAG/USD) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 30.69 1st Support: 29.80 1st Resistance: 31.51 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.Longby ICmarkets6
BUY XAGUSD (SILVER) - H4 and H1 Trade entries 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. We are proud to be an OFFICIAL Trading View partner so please support the channel by using the link below and unleash the power of trading view today! www.tradingview.com Long04:41by Simply-Forex4
Silver Market Update The silver market is looking quite interesting right now! Here's a breakdown of the key insights: 📊 Daily Chart Highlights: • Silver is stabilizing above its 200-day moving average at 2918. • It's also holding steady above the 61.8% retracement of the entire move up from August, located at 2971. • The daily RSI shows divergence, signalling a loss of downside momentum. 📈 Historical Patterns: • If we compare this to the last correction (May–September), we see a similar pattern where the market held above its 200-day moving average and 61.8% retracement. History might be repeating itself! 🌥️ Long-Term Perspective: • The weekly chart looks strong, with the cloud providing support for weekly price movements. ⚖️ Gold/Silver Ratio: • Signs of failure at the longer-term downtrend (dating back to August 2022) add weight to the bullish outlook. 💡 What This Means: The combination of technical support levels, momentum indicators, and historical patterns suggests we may be gearing up for a recovery in the silver market. 📌 Watch closely for potential upside movement! Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site. Long01:57by The_STA9
SILVER Resistance Ahead! Sell! Hello,Traders! SILVER is now going up From the support but A local horizontal resistance Is ahead around 31.50$ So after the retest we will Be expecting a local Bearish pullback Sell! Comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals111
Silver (Drop-Base-Rally) Bullish Stance Silver Drop Base Rally setup: Look for breakout from consolidation/base with high volume; enter long. Place stop loss just below base. Measure potential upside from drop's depth or use prior resistance for target. Confirm with momentum indicators like Stochastic or MACD for added confidence.Longby ImmaculateTony6
SILVER: Price Action & Swing Analysis Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the SILVER pair which is likely to be pushed down by the bears so we will sell! ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals112
3-12 Silver3-12 Silver In contrast to gold, silver has been moving slightly higher the past few days. Based on a clear trend change that is already visible with the MacD, we place a buy at 31,260. We remain cautious.Longby Probeleg2
SILVER (#XAGUSD): Bullish Outlook & BreakoutSilver formed a significant inverted head and shoulders pattern on the 4-hour chart. The market saw a strong bullish movement this morning, breaking through both its neckline and a solid downward trend line. These broken structures now make up an expanding demand zone. I plan to enter a long position from this zone, expecting a bullish trend to continue up to at least the 31.40 resistance level.Longby linofx15
SILVER Is Going Down! Sell! Here is our detailed technical review for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 30.989. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 28.202 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 SignalProvider112
SILVER BEST PLACE TO SELL FROM|SHORT Hello, Friends! SILVER pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 9H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 29.618 area. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals113
Silver in a correctionSilver seems to be in a corrective flat Pattern. Expecting a reaction at around 31.50-31.80. Will look for sell setups at that levelby fx_palze1
Gold vs Inflation Historical BreakoutThat is it guys, the final stretch of the year! #Silver might not get its historical breakout confirmation this year, but still has a bullish backdrop. You see, if #gold vs #inflation closes the year where it is now, that is a historical breakout confirmed! Silver tracks this.by Badcharts9
XAG/USD 01.12.24 FXOPEN:XAGUSD Hello Traders, In the coming week, I anticipate continued bearish momentum. Over the past weeks, the market has been dominated by bears. Currently, we are in a 1-2-3-4-5 move to the upside and transitioning from wave 3 to wave 4. On smaller timeframes, I observe a complex (A)-(B)-(C) correction forming wave 4. From my perspective, we are now in the move from wave (B) to wave (C). Typically, the transition from B to C follows a 1-2-3-4-5 structure, as I’ve illustrated. It may look a bit disorganized, but we should remember that we are dealing with the metals sector. My target for this week or the next is a final push to approximately 29,100. This aligns with the 100% Fibonacci extension of waves 4 to 5. Additionally, this area coincides with the first bullish Fibonacci retracement of the larger wave 4. The volume indicator also highlights significant activity at this level in the past. Keep a close eye on this level!Shortby NeptenFXUpdated 4
Silver Long TermAfter looking at silver all time chart it may just be the most bullish chart of all time. Based on the fundamentals of the cup and handle silver could go up around 800% long term.Longby shanemigura11