Silver WeeklyShort Term Targets are ~23 usd I expect price to hit within the next 5 weeks. Also looking for a trip to 20-21 usd range to fill a monthly gap. Overall I am bullish on silver.Longby MikhiavelliUpdated 1111
XAGUSD, Ascending Triangle, Pullback & Breakout PossibilityXAGUSD is currently trading within an ascending triangle pattern. The resistance level of the ascending triangle has acted as a pullback area four times. The price is currently at the resistance level of the ascending triangle, therefore there is a possibility that a fifth pullback will occur. Ascending triangle pattern has a bullish bias, so there is a possibility that the price will upward breakout. The price is currently consolidating within this area. This means that it is bearish for the short-term, neutral for the mid-term, and bullish for the long-term.by DNP-FX4
silver quarterlyNow that #Silver closed above its pesky long term descending breakout line on the quarterly chart... It can try to build on that momentum to create a new higher high above the horizontal wall at 27-28$. It already has a higher low. higher high + higher low = uptrendby Badcharts6
Silver x2Silver has a very high probability chance to make an x2 from current price, gold is already breaking ATH and Silver most of the time follows Gold.Longby manelfx1
XAGUSDXAGUSD price is in the correction period at the support zone 24.76-24.48. If the price cannot break through the 24.48 level, it is expected that there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Longby Serana2324Updated 7
XAG | XAGUSD | SILVER 4 Months - on Breakout XAG | XAGUSD | SILVER 4 Months - on Breakout Siver trading above closing above last 4M candles.. Closing/Trading above Tp1 will open tgt for Tp2.5/5Longby XDataAnalyst2
Silver ForcastSilver has been trading within a range for precisely a year now, failing to establish new highs. However, on a positive note, since the pandemic low, the price has been forming higher and higher bases, suggesting the potential for building upside momentum in the longer term.Longby fikehdr2
XAGUSD-LongTrend continuation is expected for silver, but watch out for the strong dollar.Longby Vitezabraham2
SILVER A Fall Expected! SELL! My dear subscribers, My technical analysis for SILVER is below: The price is coiling around a solid key level - 24.924 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 24.722 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK Shortby AnabelSignals111
Five and three pattern! Or the beginning of the third wave of a Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody The beginning of the third wave Longby mehdi47abbasi798
XAGUSD - plan seems working, short idea in gameGuys if you will look to my previous post about SILVER you will find as predicted price went to upside , now i am waiting for more up and then price will be in seller's zone. I am not waiting more price spike before correction.Shortby traderstube1
SILVER BEARS WILL DOMINATE THE MARKET|SHORT Hello,Friends! SILVER pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 8H timeframe the pair is going up too. 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 24.087 area. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals112
SILVER View following by gold! Shorts gonna playin" sooner!Spot silver XAGUSD1! rose 0.7% to $25.15 per ounce, platinum PL1! was up 0.2% at $909.76 and palladium XPDUSD1! climbed 0.9% to $1,023.95. Gold prices rose to a record high on Monday, as a softer U.S. inflation reading cemented bets that the Federal Reserve would deliver its first interest rate cut of the year in June. Spot gold GOLDwas up 1.2% at $2,258.53 per ounce, as of 0815 GMT, after hitting an all-time high of $2,262.19 earlier in the session. U.S. gold futures GOLD gained 1.8% to $2,279.50. "The absence of any upside surprises in the core PCE price index release may have provided further go-ahead for gold prices to push into new record territory," said IG market strategist Yeap Jun Rong, referring to the personal consumption expenditures (PCE) price index report. The core reading now at its lowest level in almost two years potentially offers some validation for the Fed to kick-start its rate-cutting process sooner rather than later, Jun Rong said. The latest U.S. inflation data is "along the lines of what we would like to see," Fed Chair Jerome Powell said on Friday. U.S. prices moderated in February, with the PCE price index rising 0.3%, data showed. Traders are currently pricing in a 69% probability that the Fed would begin cutting rates in June, according to the CME Group's FedWatch Tool. Lower interest rates reduce the opportunity cost of holding bullion. Gold logged its biggest monthly rise in more than three years in March after a blistering rally fuelled by rate-cut bets, strong safe-haven demand and central bank buying. "Today's price action is happening in a very low liquidity environment – most European and many APAC markets are still closed for Easter Monday. So, it would not be surprising to see these moves reverse when participation rebuilds later in the week," said Ilya Spivak, head of global macro at Tastylive. Shortby FXBANkthe80551
SILVER: Bearish Forecast & Bearish Scenario 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 UnitedSignals113
Navigating Gold: Insights from Financial Analysis ExpertIn the current market landscape, gold stands as a dynamic asset, subject to various forces shaping its trajectory. Recent trends hint at a potential shift in sentiment, prompting a closer examination of the factors at play. Amidst prevailing economic conditions, gold's value often serves as a barometer of investor sentiment and global uncertainties. While recent fluctuations may suggest a looming downturn, a comprehensive analysis reveals a nuanced picture. Diving into technical indicators and market sentiment, it becomes evident that gold's price movements are not isolated but influenced by a myriad of interconnected factors. From geopolitical tensions to monetary policy decisions, each element contributes to the intricate dance of supply and demand. Drawing from historical patterns and emerging market dynamics, projections point towards a possible downtrend in the near term. However, it's essential to approach such forecasts with caution, considering the inherent volatility of the precious metal market. In essence, while indications may lean towards a downward trajectory for gold prices, prudent investors navigate these fluctuations with a blend of foresight and adaptability. Amidst uncertainty lies opportunity, and astute financial analysis serves as the compass guiding investors through the ever-evolving landscape of gold trading. by LuxeFX_TradingUpdated 3
XAGUSD next big move and what it could look likebuy silver, looking what the next big move could look like when we breakout.Longby MoneysharX2
XAGUSD SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyShortby akmalsabran901
SILVER (XAGUSD): Bullish Outlook Explained 🪙 Silver nicely respected a recently broken key horizontal resistance. After its retest, the market started to consolidate on a 4H time frame and formed a horizontal range. Its resistance was broken yesterday, signifying the strength of the buyers. The market may keep growing next week, at least to 25.5 level. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader5513
XAGUSD bullish scenario i am bullish on XAGUSD it will move up like XAUUSD chart. lets make money. good luck. Longby traderlanda2
SILVER Will Move Higher! Buy! Here is our detailed technical review for SILVER. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 24.799. Considering the today's price action, probabilities will be high to see a movement to 25.274. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 112
29.03.2024 Follow Up Idea XAGUSDI will focus next supply at price 26.2 or 26.8 Anyway it should break 25.4 first to not be a QML pattern. Let's seeLongby Soumasato2
LONG BEFORE SHORTIf you are a SMC trader you will clearly understand the structure above so I don't have to say much .. if you have any correction or contribution or idea just comment lets share together , the above structure shows there is a shifting going on to the downside, as we all know the higher time frame rules the market and market is also reactive not predictive . a market must retrace at least 50-90% of its origin after change of character to retest the new order block and fill the imbalance created. then we expect a break of structure to the down side before free movement. right now we can scalp the longs till we get to that HTF order block . Meanwhile this isnt for beginners this analysis is for smart money traders with full knowledge.Longby michealmgpsaint0
Strifor || SILVER-26/03/2024Preferred direction: BUY Comment: Metals also look good for long-trade at the beginning of this week, but buyers here will most likely have more difficulties than on the same currency pairs. A more likely scenario, especially for silver , is to first fall below local support before rising. This maneuver made it possible to rid the market of "spare buyers" and attract more sellers. In turn, this allows, with new forces (updated resources), to make a breakthrough towards the local maximum at level 26 . The above assumption is fully consistent with scenario №1. Scenario №2 is also in our arsenal, but in this case the trade volume is less than in scenario №1 , since the likelihood of such a maneuver being realized is much less. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Longby Viktor_strifor_analystUpdated 113