Silver aims 25+ after correctionAfter good pumping Silver started correction period. I think correction not finished yet, but after correct i expect new highs at 25Longby traderstube2
SILVER: Bearish Continuation is Highly Probable! Here is Why: Looking at the chart of SILVER right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️Shortby UnitedSignals112
XAGUSDPair : XAGUSD ( Silver / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement Break of Structure RSI - Divergence Completed " 123 " Impulsive Wavesby ForexDetective3
11.03.2024 XAG... Do you know the Dragon Pattern ?Important SNR is 23.5. Already do retest (FTR) and New Demand (RBR) Stills go up with strong buy momentum. Maybe will be like that picture pattern " The Dragon " !!!Longby Soumasato2
XAGUSD Time to turn bearish.Silver (XAGUSD) almost reached the 25.000 Target that we set almost a month ago (February 15, see chart below) but as it seems to fail to touch the 0.786 Fibonacci level, it is time to take the profit earlier and turn bearish: At least this is what took place on July 20 2023, a rejection that started wave (e-f) back inside the High Volatility Zone that touched the 1W MA100 (red trend-line). This line has basically made contact with all corrective waves since the long-term Triangle pattern started on May 05 2023. As a result, taking also into account the 1D RSI which has almost hit the 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 TradingShot11
Next impulse I'm watching closely for the next move on Silver. What I'm looking for is the next impulse which should push price to the next fib point. This ABC correction could be a nice way to start the week. DXY should be pulling back bullish which would help this move, nothing has been confirmation however so lets see what happens.Shortby Waves-Fib0
Can silver continue to climb and fly again?✏️By examining the trend in the four-hour time frame, silver, having the resistance of $24.58, can decrease to the support interval in the range of $23.55-23.35, and then, provided it is maintained, it can set itself up for a rise again to the resistance. 25.54 in order to complete the descending Bearish Bat harmonic pattern to prepare.⚔️Longby arongroups7
SILVERThe Slow Trend and Fast Trend oscillators appear to be in alignment, both entering the overbought zone. At this juncture, two possibilities emerge. Firstly, there could be an immediate reversal. Alternatively, there might be an extended period where both, particularly the Slow Trend oscillator, linger in the overbought region before eventually reversing. Examining the lower time frames, the latter scenario seems more likely. However, given the early stage of either the trend's end or the formation of a new trend, it's crucial to remain alert for any indications until one of these two possibilities is confirmed. Shortby MaceMaddox0
Silver Ounce Silver has crossed some important levels last week. Appreciation in dollar fueled rally in bullions... Now as per channel its nearing ... Price are most likely to trend as per channel level defined...by emraldconsul1
xagusdAt resistance a break out above would be v bullish. However some bearish divergence on 4hr. Not much space before we see direction by leeada20160
SILVER Will Go Down! Sell! Hello,Traders! SILVER has retested the Horizontal resistance of 24.6$ From where we are already seeing A bearish reaction so I think That we will see a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals117
SILVER SELL TILL 23$HELLO TRADERS As we can see silver hit out TP-2 on buying idea which we had updated in our channel this level we expected a retrace till 23$ and then up to the buying levels as we had perdition in our buying idea Friends its just a trade idea share Ur thoughts with us Stay Tuned for more updates Shortby GOLDEN_FOREX_TRADER3
xagusd means silver is ready for a nice ridepresented chart says it all i wanted to write... enjoy the ride ;)Longby tozamo2
XAG/USD (30M) : Bullish trend is now observedXAG/USD (30M) : Bullish trend is now observed For more updates and information keep following me and hit likes and comments to make more strong as I can do it more efficiently. OANDA:XAGUSD NOTE : 📬 COMMENT, ✅LIKE AND ☑️ FOLLOW. THIS CAN HELP ME TO ANALYSE THE MARKET MORE EFFICIENTLY FOR YOU.by Forex_Analysis_WingUpdated 117
SILVER BEARS WILL DOMINATE THE MARKET|SHORT Hello,Friends! Bearish trend on SILVER, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 23.199. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 117
SILVER: Target Almost Done now to 16 ?DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS by nmkvijay2
SILVER Is Very Bullish! Long! Please, check our technical outlook for SILVER. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 23.947. Taking into consideration the structure & trend analysis, I believe that the market will reach 24.459 level soon. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 111
Silver Testing 4H Channel Resistance; Bullish If BrokenSilver is trading sideways since 2021, a move that can be a corrective because of choppy and overlapping price action. Ideally, its a very big triangle in progress, with final wave E in play, which can be in late stages now, so ideally prices will stabilize in weeks ahead. We can already see that the price on 4h time frame is turning up from projected 21.50-22.00 area, which is the first potential but strong support area for wave E. So if we are correct then metal can turn higher, but for confirmed bullish reversal we need an impulse out of a downward channel and through 23.50 lv. Longby ew-forecastUpdated 5
SILVER SETUP FOR LONGTHIS IS SIMPLE SETUP WITH FIB RITRACEMENT The Is Bouncing Back From FIB GOLDEN ZONE Risk TO Reward Is Very Good ...Longby yashrock023Updated 4
SILVERSILVER LONG BIAS SCALPS will take a look when it comes need confirmation,,, It's just an idea please don't take it serious.by CagatayyyyUpdated 0
Poised for Breakout After Consolidation in Descending ChannelYearly Technical Analysis The Silver chart on the yearly timeframe is currently consolidating within a slightly descending channel following a strong rally. This consolidation period could present an opportunity for traders to adjust their positions before a potential upside move. Bullish Factors: Safe-Haven Asset: Silver's demand can rise during uncertain economic conditions due to its safe-haven status. Long-Term Investor Appeal: Silver's industrial and monetary applications make it a valuable asset for long-term investors. Support Levels: The 200-day Moving Average (MA) on the daily timeframe acts as a strong support level. Bearish Factors: Descending Channel: As long as Silver remains within the descending channel, downward pressure will persist. 200-Day MA Breach: A price break below the 200-day MA could signal further downside potential. Bullish Scenario: Range Breakout: A decisive break above the current trading range (descending channel) could be interpreted as a signal for an upside move. Price Target: In the case of a bullish breakout, the first price target would likely be the next resistance zone. Disclaimer: High Market Risk: Remember, financial markets are inherently risky, and this analysis is for informational purposes only. Individual Analysis: Always conduct your own research and employ proper risk management strategies before entering any trade. Not Financial Advice: This analysis does not constitute financial advice and is solely for educational purposes.Longby danielmanesh158
Strifor || SILVER-05/03/2024Preferred direction: BUY Comment: As we wrote earlier in trading ideas for Gold with a perspective for this week, all long trades in metals were closed. However, this is not the end of the growth and most likely gold will go to the maximum at the level of 2140 , and silver to the resistance of 24.20 . Therefore, just like for gold , we are considering two long scenarios for silver , where, of course, scenario №1 is still more likely. We consider the target no higher than the level of 24.20 , since in this resistance area of 24.20 - 24.40 the instrument will either enter into consolidation or a downward correction will begin. 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 112