Silver Near PRZ – Bearish Reversal Incoming?Today I want to share with you an analysis of SILVER ( OANDA:XAGUSD ). In my opinion, in terms of technical analysis , Silver has a more regular chart than Gold( OANDA:XAUUSD ) these days.
Silver is currently trading near the Resistance line , Important Resistance lines , Yearly Resistan
About Silver / U.S. Dollar
Silver Prices have been followed for centuries. Silver (XAG) is a precious metal used in jewelry, silverware, electronics, and currency. Silver prices are widely followed in financial markets around the world. Silver has been traded for thousands of years and was once used for currency backing. Silver continues to be one of the most commonly traded commodities today. Silver prices are highly volatile due to speculation and supply and demand. Ag is the chemical symbol for silver on the periodic table of elements and its ISO currency symbol is XAG.
XAGUSD Overextended: Watching 40.50 NecklineIn the past months I argued that Silver should rise and reach 40, and the market not only achieved that but even exceeded the level, printing a high at 41.50.
However, just like Gold, this move looks overextended and vulnerable to correction.
📌 Technically, price has tapped 41.50 twice. While it
SILVER (XAGUSD): Consolidation & Bullish MovementThe price of SILVER is currently exhibiting trading behavior within a broad horizontal range.
Following a test of its support level, an inverted head and shoulders pattern was formed.
It is anticipated that this consolidation will persist, with a probable price increase towards the range's resis
Silver (XAGUSD) – Resistance Rejection Ahead?Silver (XAGUSD) is currently trading near the key $41.50 resistance area after a strong bullish rally. Price is showing signs of consolidation at the upper boundary of the rising channel. A rejection from this resistance could trigger a corrective move back towards the $40.00 – $39.50 support zone,
Silver(XAG/USD)-BullishBreakout&Continuation Setup Towards$4,200Silver has completed a prolonged sideways consolidation and successfully broken above the resistance area, showing strong bullish momentum. Price is now retesting the breakout zone, which may act as support before the next upward move. If the bullish trend holds above $3,750–$3,800, the next target
The most important number for silver$37.80. No other number on the price chart has as much significance as this number. When each candle represents 3M the textbook Cup and Handle on Silver suddenly reveals itself. More importantly the breakout! The Real breakout in Silver isn't $50. The Real breakout in silver just happened. And
SILVER SELLERS WILL DOMINATE THE MARKET|SHORT
SILVER SIGNAL
Trade Direction: short
Entry Level: 4,066.6
Target Level: 3,923.7
Stop Loss: 4,160.4
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my anal
XAGUSD H1 | Price retracing into support levelSilver (XAG/USD) is falling towards the buy entry, which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to the take profit.
Buy entry is at 41.20, which is a pullback support that aligns with the 61.8% Fibonacci retracement.
Stop loss is at
SILVER: Strong Growth Ahead! Long!
My dear friends,
Today we will analyse SILVER together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 42.187 Therefore, a strong bullish reaction here could determine the next move up.We will watch for a confirmation candle, and then target th
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Displays a symbol's price movements over previous years to identify recurring trends.