Silver Bull Silver will hit ATH and more, just like Gold. Global tensions keep rising, a real economic collapse will be here anytime now. Position accordingly. Longby Sociablebear1
Silver tradeSilver Swing Trade, I expect the High of 30000 to be reached , as a stop I use an important lowLongby REnastere1
Precious metals break outAs mentioned above, one of the markets that has reacted most positively to the reassessment of expectations over US Federal Reserve’s probable rate cut path this year is the US dollar. Following Wednesday’s hotter-than-expected US CPI numbers, the Dollar Index has rallied over 1.7% in a straight line. It is currently trading at its highest level in five months. These gains have been helped along by the sharp jump in bond yields as investors now expect only 50 basis points-worth of rate cuts this year, down from 150 a couple of months ago. Despite this, and proving wrong all those who believe that gold and the dollar are negatively correlated, precious metals have soared. Despite a brief sell-off on Wednesday afternoon, the rally in both gold and silver has been relentless. And that rally stepped up another gear this afternoon. Gold has now risen by 22% in the last two months, having broken above $2,400 for the first time in history. Silver has now jumped 35% over the same period. Silver is now testing levels hit in August 2020 and February in 2021. Time for a breather? You would certainly think so. But all pull-backs have been remarkably shallow so far, which is par for the course in a bull market.by TylerNorcross1
Gold/SilverLess likely to reach the top but still possible... Correlates strongly with Gold so should expect the reversal to be roughly when Silver reaches it's Liquidity Target?Longby Cb98_1
Silver Massive rally done by #Silver now time to going to consolidation or correction zone 30.2/31$ is big hurdles. Close above more upside seen else 1st ween some downside. Shortby Hiren_Vora0
We have take-off! #silverWe have take-off! daily point and figure chart breakout 0.5$ box size. #silverby Badcharts113
SILVER (XAGUSD): Unstoppable Rally & Next Target 🪙 Silver keeps rallying and breaking the historical resistances. The next goal for the buyers can be the structure that is based on the highs of 2020 and 2021. The area that unites these highs also has a psychological level within - 30.0. The underlined blue will most likely reached soon. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader113
Two potential paths in Silver.There are two potential paths, and either one could play out. Either an inpulse pattern or a corrective one. The impulse (black count) should target the $100 level and could even reach the $200 price in a blow-off top. The correction (red count) should target around the $45 price level. Then continue it's path to under $10. It's too early to choose one over the other at the moment.by moneyjeff11
Silver cup-handle macrobullish possibility for silver when JPM.C.BAC cant suppress the short squeeze from event XLongby NovaCrypton2
Silver (XAGUSD) Looking to Extend Higher in a NestShort term Elliott Wave view in Silver (XAGUSD) suggests that cycle from 3.27.2024 low is ongoing as a 5 waves impulse. Up from 3.27.2024 low, wave (i) ended at 25.38 and pullback in wave (ii) ended at 24.73. The metal extended higher in wave (iii) towards 27.33 and pullback in wave (iv) ended at 26.26. Final leg wave (v) ended at 28.32 which completed wave ((i)). Pullback in wave ((ii)) unfolded as a zigzag structure where wave (a) ended at 27.6. Wave (b) higher ended at 28.28 and wave (c) lower ended at 27.51 which completed wave ((ii)). The metal has turned higher in wave ((iii)). Up from wave ((ii)), wave i ended at 28.51 and pullback in wave ii ended at 27.73. Expect the metal to continue higher in wave iii, then it should pullback in wave iv before extending higher again in wave v to complete wave (i) of ((v)). Near term, as far as pivot at 27.5 low stays intact, expect pullback to find support in 3, 7, or 11 swing for further upside.by Elliottwave-Forecast1
SILVER- Bearish TrendThe silver after its rally range bound and is expected to make correction giving short opportunity.Shortby kiki_crypto111
LONG SILVER@$28/ozSilver can go upto $35/oz by year end. Please watch the video for detailed technical and fundamental analysis.Long06:12by jainn0158111
Silver resistance harmonicHi guys, Silver is heading back up to strong resistance where it faced selling pressure yesterday. A bearish bat harmonic is forming at the moment with excellent fib ratios. The red highlighted box has bat entry level of 0.886 and is in line with previous resistance. Safe trading all.Shortby elyask1200
XAG | XAGUSD | Silver - idea XAG | XAGUSD | Silver - idea Monthly/Weekly Bullish Zone Other time frames will be sinewave shape trending up.by XDataAnalystUpdated 3
WHy havent $silver miners taken off yetMaybe because the instos are waiting to see if there'll be one last year-long shakedown!! there's space in tehthesymmetry for it... and that could crackk one more shoulder there let's see!! TVC:GOLD - TVC:SILVER ratio holds teh answer and it hasn't given it up yet.by Dirty_Afro1
SILVER Seeks Support at $22.00 Amidst Rate Cut ExpectationsOn Monday, silver experienced a sharp downturn, revisiting the $22.00 mark, reflecting a more than 2.5% decrease from its previous close. Market participants swiftly adjusted their expectations of early rate cuts by the Federal Reserve (Fed), leading to a substantial sell-off in the white metal. Technical Analysis: From a technical standpoint, the current price is positioned in a crucial support area around $22.00. This zone is fortified by a dynamic trendline, historically supportive of price rebounds. Additionally, the 78.6% Fibonacci level acts as a potential discount area, offering a foundation for the price to find support. The Stochastic indicator remains in oversold conditions, signaling the potential for a rebound. Anticipating a recovery, our outlook targets a return to $24.50 and $26.00 in extension. Economic Landscape: Turning to economic news, the CME Fedwatch tool suggests that investors are now eyeing a potential interest rate cut in May. This shift in sentiment is attributed to persistent price pressures driven by robust household spending and favorable labor market conditions. The upcoming focus of the week will be on the release of United States Q4 Gross Domestic Product (GDP) data scheduled for Thursday. A positive GDP reading would reinforce the narrative of 'higher interest rates,' aligning with the Fed's cautious approach towards premature rate cuts. Outlook: As silver grapples with the $22.00 support, the interplay of technical factors and market sentiment becomes crucial. The dynamic trendline and Fibonacci support offer a potential springboard for a price rebound. However, the economic landscape, particularly the GDP data release, will significantly influence the metal's trajectory. Traders are advised to closely monitor developments to navigate potential price fluctuations in the coming days. Conclusion: The silver market finds itself at a critical juncture, seeking support at $22.00 amid shifting expectations of Fed rate cuts. Technical indicators suggest the potential for a rebound, yet the economic data release later in the week will undoubtedly play a pivotal role in determining silver's path. Traders should exercise caution, staying adaptable to evolving market dynamics as they unfold throughout the week. Our preference Long positions Above Support Area $20 with targets at 24.50 & 26 in extension.Longby FOREXN1Updated 1178
SILVER Is Bearish! Short! Take a look at our analysis for SILVER. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 27.932. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 27.486 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 heading to $29.4 thislegnice reakout from wedge, to wedge #GSR is forming ih&S just above resistance but not confirmed, may jsut inhale and blow straight through! TVC:GOLD TVC:SILVER Longby Dirty_Afro1
Silver is looking like danger!!I assume we will see an overthrow of the highs in a scam wick to close the shorts and then the fall will start. Everyone thinks we are in risk on??? Have you seen the volume profiles in the legs down? I have remover 80% of my money from the exchanges. I sold my paper silver. Any ideas on rotations??? NOT FINANCIAL ADVICE!!!!!by Polarbearman2
SILVER XAGUSD Bearish Robbery PlanDear Silver Robbers, This is Scalping Trade master plan to Heist Bearish side of Silver. My dear Robbers U can enter to sell, Our target is Green Zone that is High risk Dangerous area Pullback will happen at the Trap area kindly Escape. My dear Robbers Be safe and be careful and Be rich. Loot and escape near the target 🎯 Shortby Thief_Trader1