XAGUSD LONGThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyLongby akmalsabran900
SILVERHere is a short explanation of the "continued upward trajectory for a while longer" concept mentioned in the previous idea. This term suggests that the current trend of price movement could also maintain upward direction for a certain duration before reversing. Such occurrences in silver price movements are relatively infrequent and have only happened three times since 2017 (see picture). It's important to emphasize that while past performance does not ensure future outcomes, recognizing historical patterns can aid decision-making. It is crucial to exercise patience and prioritize waiting for confirmation of a trend reversal rather than hastily entering or exiting positions based on speculative impulses. In this context, it is highly significant to highlight the importance of monitoring key levels on the price chart, such as overbought and oversold positions indicated by the blue arrows in both the Slow Trend and Fast Trend indicators. With this clarified, we now await developments in the upcoming week: either a continued upward trajectory for a while longer or confirmation of a reversal It's challenging to envision a third option.by MaceMaddox0
Silver trading planAccording to my view we are still going up we just gonna grap liquidity n continue to rise, make sure you wait for the right to get into position n use proper risking management✍️ Longby mulaudzimpho0
Possible Bearish Scenario Silverwe had a market structure shift (Ch) that could tell us that silver might be bearish aswell as there are a lot of imbalances to still take after price moved very hard without pullbacks. I also see that we broke some 4H trendlines as an extra confluence. For now i will be waiting for a Break of structure to signal that silver wants to go down. this is just a possible scenario, i just wanted to share it with you guys.Shortby Roffaboy0102
SILVERIt is evident that the indicators have indeed continued to travel in the overbought area as anticipated. Now, it is crucial to exercise caution since both the slow and fast trend indicators are coming down from the overbought regions. This situation presents two possibilities yet again. Firstly, there is a chance of the trend continuing upward for a while longer. Alternatively, there is the possibility of a reversal occurring in the upcoming week. Examining different time frames, there is increasing evidence supporting the latter scenario. Given this evolving scenario, it is important to stay alert. The early signs of the end of the current trend and the start of a new one require careful attention until they are confirmed.Shortby MaceMaddox0
Analysis of Silver in the Daily Timeframe 📈Silver had a very important resistance that it broke through with strength and now that range has turned into strong support. Silver faces another important resistance on its way, if it fails to surpass and break that resistance, we can expect a price drop to the support range of 23.417. However, in case of breaking the resistance, we may anticipate an upward movement towards the price of 25.47. 🪙by ChartSavantUpdated 4
SILVER BULLS ARE STRONG HERE|LONG Hello,Friends! It makes sense for us to go long on SILVER right now from the support line below with the target of 25.315 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 111
SILVER Is Going Up! Buy! Here is our detailed technical review for SILVER. Time Frame: 7h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 24.464. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 25.165 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 111
Silver (XAGUSD): Starting to go up!Silver (XAGUSD): OANDA:XAGUSD In Silver, we believe we have formed the low with Wave 2 at $21.93. Since then, we've developed Waves (i) and (ii), and now likely Wave (iii) as well. It appears we've caught up with Wave (5) at the 50% extension level at $25.36. Should we now drop for Wave (iv), we expect it to be in the range between 38.2% and 61.8%, more precisely between $24.12 and $23.30. The $23.30 level is also our invalidation level, as that's where the stop of Wave (i) is located. Initially, we believe we will accept the support zone at the subordinate Wave (4) for the overarching Wave (iv). We see this as a very interesting zone and, looking upwards, we believe we will head towards the $26 mark.Longby freeguy_by_wmcUpdated 2
Silver: NeutralSilver experienced what I would call a healthy pull back because it hits the upper trendline and came down. My bias is still LONG in the long-term but holds no position until price breaks out or reassess when it hits the lower trendline.by yuchaosng112
✅SILVER TIME TO BUY|LONG🚀 ✅SILVER fell again to retest the support of 24.493$ But it is a strong key level So I think that there is a high chance That we will see a bullish rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx112
SILVER Will Explode! BUY! My dear subscribers, This is my opinion on the SILVER next move: The instrument tests an important psychological level 24.916 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 25.205 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK Longby AnabelSignals111
LongI'm trading the remaining push of this bearish wedge, I waited for DAYS for this to be ready. I'm at BE so I'm going to play some golf while this ridesLongby Waves-Fib1
XAGUSD Rejection at the top of the 1 year pattern. Huge SELL.Silver (XAGUSD) reached the 25.000 Target that we set more than a month ago (February 15, see chart below) easily surpassing the 0.786 Fibonacci level and getting heavily rejected exactly at the top (Lower Highs trend-line) of the 1 year Triangle pattern: On July 20 2023, a rejection slightly lower started wave (e-f) towards the bottom of the High Volatility Zone and touched the 1W MA100 (red trend-line). This trend-line has made contact with all corrective waves of the long-term Triangle pattern. As a result, taking also into account the 1D RSI which has hit the exact 70.00 overbought barrier like on July 19 2023, we are now bearish and targeting 22.500 (expected contact with the 1W MA100). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot118
XAGUSDXAGUSD can be attempted to short on bearish divergence indicate that trend will be reversed. SL , TP mention in chart.Shortby SignalEdgeUpdated 1
XAGUSD LONG BUYHello everyone, for silver I'm still bullish, I'm waiting for my discount zone at a cheap price to potentially make a purchase with confirmation of course. Longby InfiniteY33
XAGUSD SetupSorry for publishing less number of Setups these days due to Ramdan. This is my Setup for XAGUSD, overall market is bullish on, although given CHoCH on 1 hour time frame. This Setup is valid on 4 Hour time-frame so I would like to take LTF confirmation at least on 5 or 15 min time-frame before taking any kind of entry.Longby Sikandarkoree129116
SILVER Potential Long! Buy! Hello,Traders! SILVER is going down now But the price will soon Retest a horizontal Support level below at 24.39$ From where I will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals116
Precious metals take a divePrecious metals flew higher in the wake of yesterday’s Federal Reserve monetary policy announcement. There was a dovish surprise in that the US central bank’s FOMC indicated that they still expect to cut rates by 75 basis points this year, despite a recent uptick in inflation. The US dollar dropped sharply, giving dollar-denominated commodities a boost, while the prospect of lower borrowing costs boosted the attractiveness of holding gold as an asset. The move took gold to a fresh all-time high, breaching $2,200 for the first time. Silver rallied too. But while gold managed to hang on to yesterday’s gains in early trade today, silver pulled back after a positive start. But everything changed mid-afternoon. Without an obvious trigger, the dollar suddenly surged higher while silver, and then gold, slumped. While gold remains above support at $2,150, it has given back a large chunk of yesterday’s post-FOMC gains. But silver is currently down around 3.5%, giving back all yesterday’s gains and more. There’s no obviously significant area of resistance, but it will be interesting to see if it can hold $24.50, around 20 cents below current levels. Could this be the shake-out which weeds out the weaker hands and sets the stage for a bigger rally? Or have we already seen the top this year for precious metals? by TylerNorcross1
#SILVER.. only one supporting area, hold or not?#SILVER... well guys after a funtastic.ride in gold now silver at his one of the most important supporting area 24.90 That was our supporting area in yesterday as we discussed in our video. Keep close it because in today if market clear it then another selling ride in table. Good luck Trade wisely by AdilHussain731333Updated 3
SILVER : SHORT-TERM REVERSAL ?- Since the end of February, the market has been accelerating upward, making higher highs and lows, and trading above a bullish trendline. The short-term trend is therefore bullish. - However, since the impact on a 3-month high at $25.15, a sharp price sell-off has taken place on the white metal. The market suddenly pulled-back just above its first available support zone, in contact with its bullish trend line. The moving averages are reversing due to this blow of volatility, and the RSI indicator even shows a breakout of the upcoming trend line to come, now evolving in the selling zone. - The strong bearish reaction upon contact with longer-term resistance, combined with the selling signals sent by technical indicators, tend to suggest that the bullish trend is coming to an end. If the $24.65/$24.80 zone were to be broken soon, the trend would then be completely invalidated and new bearish targets around $24.42, $24.00 then $23.60 would emerge. Pierre Veyret, Technical Analyst at ActivTrades The information provided does not constitute investment research. The material has no been prepared in accordance with the legal requirements designed to promote the independence of investment research and such is to be considered to be a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.Shortby ActivTrades1
XAGUSD Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 123 " Impulsive Waves Fibonacci Level - 261.8% Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frameby ForexDetective2
XAGUSG - ShortXAGUSD is start to making new lower lows and higher lows, following DOW theory. So, it seems like its showing bit of down trenShortby Saad_Amjid0