Buy ideaLong term buy idea for silver as price has broken out of daily structure and retested.. hoping for a bull run to around 25.6 or so.. let me know what you think! Comments and/or suggestions highly appreciated :)Longby Bp_Tradezz1
missed silver tradeMy missed trade for the week but its not an issue as we continue to look at the posibility of the market Long04:51by ZeronetwoFx0
SILVER SENDS CLEAR BULLISH SIGNALS|LONG Hello,Friends! The BB lower band is nearby so SILVER is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 23.280. ✅LIKE AND COMMENT MY IDEAS✅ Longby EliteTradingSignalsUpdated 1110
Silver (XAGUSD) Looking to Extend Lower in Sideways Price ActionShort Term Elliott Wave view in Silver (XAGUSD) suggests that the metal has traded sideways since the low in August 2022. The short term 1 hour chart below shows the move down from 12.4.2023 high which takes the form of a double three Elliott Wave structure. Down from 12.4.2023 high, wave W ended at 22.49 and rally in wave X ended at 24.6. Wave Y lower is in progress as a zigzag structure. Down from wave X, wave ((a)) ended at 21.91 as the 1 hour chart below shows. Up from there, wave (a) ended at 23.02 and pullback in wave (b) ended at 22.68. Wave (c) lower ended at 23.31 which completed wave ((b)) corrective rally. Wave ((c)) lower is in progress as a 5 waves impulse Elliott Wave structure. Down from wave ((b)), wave (i) ended at 22.22 and rally in wave (ii) ended at 22.48. The metal then extended lower in wave (iii). Near term, as far as pivot at 23.3 high stays intact, expect rally to fail in 3, 7, 11 swing and the metal to extend lower. Potential target lower is 100% – 161.8% Fibonacci extension from 12.4.2023 high. This area comes at 19.1 – 21.2 where buyers can appear for further upside or 3 waves rally at least.by Elliottwave-Forecast4
Sideway corrective pattern to complete the second waveDear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market. I am sharing my analysis with you, but please note that I am not providing any buy or sell signals. I aim to share my unbiased analysis with you so that you can use it as a guide to make informed decisions. The first analysis is Litecoin In the attachment, you will find my previous analysis of the same market, so you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand (although 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. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished. Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Shortby mehdi47abbasi798
Silver A good bounce on 0.786% let's see how it goes on breakout we might have something Longby Mntungwa871
SILVER.. at his major supporting area? dancing at LEVEL.. #SILVER... market didnot clear his supporting area that was discussed my last couple of ideas regarding silver. keep close that area guys it can change the overall scnerio of silver .. if market hold it then only that case you can expect a buying ride from here otherwise not at all. stay sharp and dont be lazy here.. good luck trade wisely by AdilHussain7313333
SILVER: Great Trading Opportunity SILVER - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy SILVER Entry - 22.240 Stop - 21.990 Take - 22.771 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals119
Silver good buy setup at the bottomShort term sell is in play but the big move is to the upside when it reaches the bottom I will watch for price actionLongby kristijanslatinsek3
xagusd long This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any Longby akmalsabran902
Silver could break under supportSince the start of December 2023, OANDA:XAGUSD has been clearly trending downward, establishing lower highs on our chart and pressing in the 22.00-22.15 support zone. However, despite yesterday's positive performance for OANDA:XAUUSD , Silver remained largely unchanged, further reinforcing this bearish outlook. The overall structure maintains its bearish trajectory as long as the price remains below the 23 zone. Regarding targets, the support at the 21 zone presents a favorable risk-to-reward ratio if we choose to sell rallies above 22.50. Shortby Mihai_Iacob5
SILVER.. at his final supporting area ?? will hold it or not?#SILVER... market at his final supporting area .. keep close that area as we discussed in our pervious idea. that is 22.30 around.. if market hold it then only in that case you can expect a bounce from here otherwise not at all. if market clear that area in hour and half hour chart than you should not hold your buying position in said product. keep close and don't be lazy here.. good luck trade wiselyby AdilHussain7313332
Silver will go up!Silver will go up! I expect the price to reach at least 22.800 Good luck!Longby Deadly_Snake2
⚡️Strifor || SILVER-06/02/2024Preferred direction: BUY Comment: A fairly good picture for short-term long-idea has also formed for silver. A buy signal began to form on Friday, and by the end of Monday of the new week, you can finally consider going long. The main growth target is level 23.32250. Scenario №2 assumes a preliminary retest of the support area at the 22.00 level. Thank you for like and share your views!Longby Viktor_strifor_analystUpdated 111
SILVER POSSIBLE ANALYSISAfter price has been breaking higher highs and respecting higher lows on higher timeframe, it was evident that price was in a bullish trend. Price has just recently retraced and mitigated a higher timeframe demand, and zooming down to our 4h timeframe, we see that price gave us a shift in market structure for bearish to bullish trend. Price has just now tapped a demand zone on which it could use to push to the upside to take out the recently formed high Longby BlackTygaTradesUpdated 1
SILVER Support Ahead! Buy! Hello,Traders! SILVER keeps going down But the price will soon hit A horizontal support of 21.96$ From where I think we will See a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too! Longby TopTradingSignals114
SILVER. at support of the week? will hold it or not?#SILVER.. well market very well hold upside resistance area and dropped. as we discussed about silver upside resistance , now we have one of the most important area of the week and today that is 22.29 keep close it because it will play key role in today and further move to any side. if market hold 22.29 then you can say it will again bounce back otherwise not.. trade wisely good luck by AdilHussain7313331
xagusd sell here opportunity read the caption the XAG/USD is to the downside. Hence, some follow-through decline towards retesting sub-$22.00 levels, or a two-month low touched in January, looks like a distinct possibility. The downward trajectory could get extended further towards the $21.40-$21.25 intermediate support before the XAG/USD breaks below the $21.10 mark, towards the October swing low near the $20.60-$20.55 zone.Shortby Mrsam360
Expert Predictions on Where SILVER Prices are Heading Next📌Usually, silver is considered as the second safest capital after gold, and due to the escalation of war tensions, it can be considered as a safe asset by investors. 🎯 From a technical point of view, silver can continue its upward trend in the four-hour time frame after the formation of the BULLISH GARTLR harmonic pattern. In general, the scenario is reinforced that silver can rise to the middle level resistance of the Andrews fork in the range of $25.91, provided it maintains the support of $22.43.Longby arongroups4410
"Silver's 44-Year Cup and Handle Formation"Silver: 44-Year Cup and Handle Formation Points to Bullish Continuation Silver, a timeless asset with a rich history, is capturing the attention of investors as it forms a 44-year cup and handle pattern, signaling potential bullish continuation. The current compression of the handle, coupled with a bullish pennant setup, suggests that a breakout could herald the onset of the next major bull cycle. Let's explore the dynamics of silver and the promising prospects it holds for investors. Understanding Silver's Cup and Handle Formation Silver's cup and handle formation is a classic technical pattern characterized by a rounded bottom (the cup) followed by a consolidation period (the handle). This pattern typically signifies a period of accumulation and sets the stage for a potential breakout to higher levels. With the cup spanning 44 years, the formation holds significant historical significance and suggests a prolonged period of bullish sentiment. Compression of the Handle and Bullish Pennant Setup Currently, silver's handle is undergoing compression, indicating a tightening range of price movement. This consolidation phase is often accompanied by diminishing trading volumes, reflecting indecision among market participants. Additionally, the formation of a bullish pennant within the handle further reinforces the bullish bias, as it typically precedes a continuation of the prevailing uptrend. Breakout Signal for the Next Major Bull Cycle A breakout from the handle's compression zone is anticipated to signal the beginning of the next major bull cycle for silver. This breakout would validate the cup and handle pattern, confirming the bullish continuation thesis and potentially unleashing a significant upward move in silver prices. Traders and investors alike are closely monitoring key resistance levels for signs of a decisive breakout, which could mark a pivotal moment for silver markets. Conclusion: Positioning for Bullish Momentum in Silver In conclusion, silver's 44-year cup and handle formation, coupled with the compression of the handle and bullish pennant setup, suggest that the precious metal is poised for bullish continuation. As traders await a breakout signal for the next major bull cycle, strategic positioning and prudent risk management are essential for capitalizing on the potential upside in silver markets. With the historical significance of the pattern and the technical indicators aligning, silver enthusiasts are eagerly anticipating the next chapter in its enduring journey as a sought-after asset.Longby OTM.Investments2
SILVER On The Rise! BUY! My dear friends, Please, find my technical outlook for SILVER below: The instrument tests an important psychological level 22.689 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 - 23.081 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK Longby AnabelSignals115
Silver/XAGUSD BullishI am strongly confident despite gold so far being affected by dollar's strong buying pressure, silver has a strong bullish week ahead.Longby Cay_Charts0
SILVER dailyHello and have a good time I trade according to these analyses My analysis is based on fundamentals, intermarket analysis, news, geopolitical topics, and of course technical levels. I hope it is your lightShortby Hesamchart0