SilverXAGUSD
- Completed " 12345 " Impulsive Waves
- Rising Wedge as an corrective pattern in Short Time Frame
- Order Block
- Demand Zone
- RSI - Divergence
SILVER trade ideas
Hitting Fibonacci resistance on the XAGUSD chartAs can be seen in the chart; Fibonacci and Andrews fork are plotted in the same area. After many reactions to the fork ranges, the price has broken out of the fork and hit the Fibonacci resistance. It is likely that the price will return to the fork with this hit and will reject the next price resistances with the help of the fork channels.
silver touch at 45 year's silver trading 1980 & 2011 high / near multi decade resistance , may face resistance after breaking 50 Dollar mark
Silver is rallying strongly. Do short sellers have a chance? Silver's performance remains stronger than gold's. Long-term, it's expected to experience a 15-year hiatus this year, potentially pushing the 50 mark. Silver's strength was evident on Friday, with periods of sideways consolidation followed by a surge to a new high, closing at 46.
Traders holding short silver positions shouldn't panic. An upward trend doesn't mean there are no opportunities for short positions. Prices also need to pull back to build momentum. In the short term, significant resistance remains. We will conduct a wave of high-level shorting at the opening of next week. Traders with open short positions can visit my channel, where I'll provide member strategies.
For investors who currently hold positions or are unsure how to trade, please like my profile and visit my channel. I'll provide exclusive trading services for members.
XAGUSD Holds 41.40 Strong – Bulls Ready for 43 AgainAs I’ve often highlighted in my previous Silver outlooks, OANDA:XAGUSD usually offers cleaner technical setups than Gold, with less “noise” and fewer manipulation spikes. This time is no exception.
After touching the 43.00 zone, Silver entered a corrective phase, sliding down to 41.40 – a key confluence support. Price tested this level no less than four times, and each time buyers stepped in, eventually pushing the market higher.
Much like in Gold, this drop from the highs should not be mistaken for a trend reversal. Instead, it’s a healthy correction inside a strong uptrend. Based on the price action, we can now argue that the correction is likely complete.
📊 Trading plan:
• My strategy is to buy dips, ideally around the 41.80 zone.
• First target remains the 43.00 resistance area.
• Invalidation (negation) comes only with a daily close below 41.50.
In short, Silver has shown resilience at support, and unless 41.50 breaks, I stay with the bulls. 🚀
Silver (XAGUSD) Powerful Bullish Rally in MotionThe short-term Elliott Wave analysis for Silver (XAGUSD) indicates a robust impulsive rally that began on July 31. From that low, the metal surged, completing wave 1 at $38.73, followed by a corrective pullback in wave 2 that concluded at $36.94. The upward momentum resumed in wave 3, which peaked at $42.96, as illustrated on the one-hour chart. Subsequently, wave 4 unfolded as a zigzag structure, with wave ((a)) terminating at $42.23 and wave ((b)) reaching $42.636. The decline in wave ((c)) finalized at $41.11, marking the completion of wave 4 in the higher degree.
Silver then turned higher in wave 5, exhibiting an internal structure of five smaller-degree waves. From the wave 4 low, wave (i) advanced to $42.23, followed by a dip in wave (ii) to $41.13. The metal continued its ascent, with wave i concluding at $41.88 and wave ii finding support at $41.18. In the near term, as long as the price remains above $41.11, dips are expected to attract buyers in a 3, 7, or 11-swing sequence, supporting further upward extensions. This analysis suggests that Silver’s bullish trend remains intact, with potential for additional gains as the impulsive structure continues to develop.
Silver Bullish breakout support at 4300The Silver remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 4300 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 4300 would confirm ongoing upside momentum, with potential targets at:
4440 – initial resistance
4507 – psychological and structural level
4575 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 4300 would weaken the bullish outlook and suggest deeper downside risk toward:
4246 – minor support
4180 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the silver holds above 4300. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
SILVER Is Bearish! Short!
Take a look at our analysis for SILVER.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 4,427.7.
Considering the today's price action, probabilities will be high to see a movement to 4,214.0.
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!
Fibonacci Time Zone Overlap with Fibonacci RetracementAfter breaking out of its valid Andrews fork, the price has stalled at the overlap of the Fibonacci Time Zone with the Fibonacci Retracement, and the likely scenario is a temporary price drop into the fork.
Xagusd geometric downsideUsing fractals and pitchforks we can see future price targets. This will be hated by many. Its just a chart pattern.
Everywhere I look ~ TrianglesCan't help but be pleased with myself for using what seems to work in determining when I should be acquiring more physical silver, while trading it's illegitimate paper cousins...
Silver is once again on a path that will lead to higher goals!Given the trend that began at the beginning of 2020, it seems that this precious metal has found a special place among investors and is consolidating itself in this position.
It should be noted that for whatever reason this consolidation occurs, the goals above $ 100 per ounce of silver are achievable.
The lagging behind the price of silver in comparison to the growth of the price of gold indicates attractive investment opportunities and, to quote us "noble Iranians", "maybe too soon is too late!"
Could this be the right count....I am moving more and more towards a more boolish count for silver...for a while now I a have been uncomfortable with the idea that the current wave count would top out around $43-$45 and then we would have a decently large pull back and then the next leg up...rather I am now seeing a series of 1,2's which will run to around $80 is fairly quick time frame...by end of year for sure. lets see if I am right!
Silver Daily TF AnalysisSilver Daily Analysis
Bulls Eye
- In previous analysis of XAGUSD, it was specified that a breakout above Fib Extension 1.272 level will likely fuel further upside momentum.
- On the upside, the next milestone sits near $44.0
Current Situation
- Silver has breached the ascending channel, and testing the record highs made during Aug 2011 - 44.20
- A confluence of resistance becoming hurdle for further bull side rally - including
1) the record high mark itself
2) the upper trendline of the channel
3)the fib extension level 1.414
4) The upper Bollinger band
Projections
- Prices are likely to correct, to retest the Fib Extension 1.272 (41.32), confluence with middle Bollinger band.
- However, if prices breaches the immediate, but crucial resistance at 44.20, then it might rise high towards 46.00
2008 high-low trendlineShort into 2022/2023 to $17 or (if break 2008 trendline) to $7
Long after 2022/2023 to $42
XAGUSD SILVER📈 Silver (XAGUSD) – Long Setup (4H)
Technical View
Price has broken out of a rectangle consolidation on the 4H chart.
Breakout is supported by bullish momentum candles.
Market structure showing higher highs (HHs) and higher lows
Trading Plan
Entry: On successful breakout retest / bullish confirmation candle.
Targets:
🎯 TP1:
🎯 TP2:
🎯 TP3:
Risk Management Rule
Once TP1 is hit, immediately move SL to entry (break-even).
Partial profits can be booked at TP1; let the rest run toward TP2 and TP3.
SILVER XAGUSD30 min TF Short Scalp
Silver is very bulish Just a pull back is what we can capture , very risky trade but Head & shoulder pattern is making it look good
Trade will be active once complete Bearish candle close below the neckline
Must book partial profit, Once achieve 50 % towards TP put your SL to tp , and partial profits
Silver hits a new high. Is there still room for short positions?The recent surge in new energy and photovoltaics has resonated with the gold and silver sectors. Today, it hit a new high of 46.6. The upward trend continues this week, but it's already at a relatively high point, so chasing higher is unrealistic. Support is around 45.5 today. If it falls back to this support point, consider going long and see if there's more upside. During the week, keep an eye on the impact of the non-farm payroll data.
Over the weekend, many traders asked how to exit their short silver positions. Upward trends also require pullbacks to gather momentum, and these are opportunities to sell. Each time the lows move higher, you've missed a more opportune selling opportunity. I personally don't recommend holding onto your position; you should prioritize profits for your next trade.
For investors who currently have positions or are unsure how to trade, please like my profile and visit my channel. I'll provide exclusive trading services for members!
SILVER: Will Go Up! 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 45.405 Therefore, a strong bullish reaction here could determine the next move up.We will watch for a confirmation candle, and then target the next key level of 45.807.Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
Bullish Setup, Swing Trade Opportunity in XAGUSDJust wait for a Price to Enter in our Discount Zone and then we are Ready to go Long with Proper Risk Management
What is seen in the silver chart!!!The prospect of $62 per ounce of silver is very much on the horizon, but will this price growth be as fast as the price of silver has ever seen? You can read the factors that contribute to the realization of this prospect after reviewing international articles, but I do not think it will be too early to reach this silver rate!
