Silver vs Spx QuarterlyThere is no reason to fomo into #gold, #silver or the #miners. The true move has not even started yet. Still very early.by Badcharts7
XAGUSD SELL About to StartIn smaller timeframe Silver start to show bearish signal Shortby PotentFXUpdated 11
SILVER RELATIVE TO GOLD/SILVER RATIO - 3 possible deep correction. target price : 20.50$/oz. trade invalidation level : daily close above 33.00$/oz. good luck.Shortby VulcanoRossoUpdated 1111
#Silver #XAGUSD the price range between $32.00 and $32.15 is a critical resistance zone where many sellers are positioned. This area also coincides with an important order block and a Quasimodo (QM) pattern. These factors suggest a strong likelihood of resistance and potential reversal at this level. Traders should watch this zone closely for signs of selling pressure and potential short opportunities.Shortby saminsalehi85Updated 2
XAGUSD. Weekly trading levels 20 - 24.05.2024Not much has changed on Silver. We were above 10 years ago; there is no data on volumes for such a period. If we go higher, we can clarify the levels in Daily publications. During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me!by Forex_HobyUpdated 4
SILVERWith respect and appreciation for all the dear traders, I conducted an analysis of the silver market today and realized that, like gold, its price is on the rise and has now begun to correct. For this reason, we are looking to sell until the price reaches the specified order blocks. The chart provided is simple and clear, allowing for the determination of entry and exit points. Thank you for your presence and companionship. Smart money concept Liquidity currency hunterShortby fereydoon11993
SILVER, bargain opportunity that's hard to resist.SILVER has trimmed it's price significantly to multi week lows. The overextended correction is a good opportunity for possible reversal prospect. KEY NOTES: Daily FIB is at 61.8 level -- buyer's key demand area. Currently bouncing off this level with precision. Histogram higher lows. Daily Higher lows -- firm ascending support lines. TRI-MONTHLY higher lows - price + histogram conveying firm price valuation goal. Bubble up volume appeared twice this last 2 quarters -- current range of 22.00-23.00 acting as support space for XAG. Spotted at 22.3 TAYOR Safeguard capital always. Longby JSALUpdated 3317
XAGUSDPair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Consolidation Phaseby ForexDetective3
SILVER - Futures - 23/5/20241. SILVER Technical: COT Report: 05/14/24 - we received the highest net positions of the 26 week at -81,422 Key Drivers of Silver Demand: Fundamentals Semiconductors: Silver's conductivity makes it essential in semiconductor chips, printed circuit boards, CPUs, and mobile phones. The global semiconductor shortage has highlighted silver’s irreplaceability in electronics. IoT Devices: Silver is crucial in the electricity transfer for IoT devices and 5G technology. Demand for silver in these areas is expected to increase by 200% by 2030. Cabling: Silver is used in high-performance wires and cables for applications like recording studios and aerospace, where its conductivity outperforms copper. Water Purification and Filtration: Silver's antibacterial properties are used in water filters, food packaging, refrigerators, and pool filtration systems. Medical Applications: Silver’s antibacterial properties are utilized in medical bandages to prevent bacterial infections and improve healing times in burns and wounds. Summary: Recent downtrend following the Swiss Bank's interest rate reduction from 1.75% to 1.50%. Signs of potential CHF strengthening post Non-Farm Payroll week.Shortby insanemalin2
XAGUSD. Weekly trading levels 27 - 31.05.2024During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me!by Forex_Hoby2
SILVER DAILY OUTLOOKT&C's: Trading leveraged products such CFDs on forex and derivatives may not be suitable for all investors as they carry a high level of risk to your invested capital. Please ensure that you fully understand the risks involved, taking into account your objectives, risk tolerance and level of experience, before deciding whether to trade. Shortby NkosinathiFXT2
XAGUSD 1M Oanda ShortThe nature of the precious metals market appears bearish with a sharp move into wave (3) down. Take heed from here until 2027. XAG/USD is how silver is labeled for spot trading on the foreign exchange market. Silver (XAG) is traded against the US dollar (USD), so its price shows how much one ounce of silver is worth in USD.Shortby TheCryptoChartWhispererUpdated 112
Decade long structure emerging on the Silver chartIt is interesting to study the Production/Accumulation/Distribution/Industrial Demand as well. Silver seems to hit a breaching point where physical prices have a premium about +45% for buying it and +20% for selling pure silver bullion coins. Troy oz./oz. is about 1.10, which should reflect a recomended trading price of 25.4$ per troy oune. Anybody able to buy at these prices? Another interesting peak that was reached lately is the Gold/Silver Ratio reaching +104 lvl's, an increadable bias for gold if you look at the ratio that existed about 100 years ago, which is 10. . In less then 6 months time this ratio is today +70. This is a technical indicator for a strong bear legg starting a decade long correction for the multi decade long bull market in favour of Gold. This is the first leg down, and there is a lot of space for continued correction, bringing the price to a 'recommended equilibrium'. Platinum as wel is comming back from an all time low Platinum to gold ratio 0.39 to the 0.6. Interestingly the platinum price is not having a ticker as far as I now that goes back for 100 years, which is the scale that the trend is carrying apparently for multiple precious metals. Chemistry table books presenting value of the pure element refer to a rule of tumb for pricing, that refered to the relative abundance of those elements before the 80's, here the Platinum over Gold ratio is documented to be 2x over multiple years, presumingly a good rule of tumb ratio of price to handle as historical mean. It's becoming clear that there is some mechanism (or a superposition of multiple mechanisms) enables the overrepresentation of 'exchangeble silver tickets'. And it is difficult to find trustworthy data on the abundance of each element to date. Especially yearly mining reports giving estimeates that are discripant over 10 years, look at a mining report in 1992,2002;2012,2022 and the quality of these estimates seem to be worthless for what the physical reality could represent. Still in search for a good dataset, one could do a basic maximum physical element estimate by taking the continental crust elementary abundance calculation on the earth being a perfect sphere, having about 40% continental crust on it's surface, the maximal depth of a mine is one in south-africa, reaching 4km deep, however the mean depth of a mine will like be less than a km deep. you could go further and eliminate regions that are definetly not minable or mined (sahara, himalaya mountains, ..) but this is in my opinion the best approach to find the global maxima for the elements that are available on our beatiful planet.Editors' picksLongby joachim.snellingsUpdated 3737561
Gold SilverSilver closest correlation to Gold - Lined up with all the time Intervals is 90% Identical Feel like I need one or two Negatively correlated pairs for added confluence.by Cb98_2
SILVER - near supporting area? holding or not ??#SILVER.. it was perfect move as per our expectations, and now market near to his weekly supporting area, that is 31.10 to 31.15 around, keep close that area because it will play key role for next move to any side. dont be lazy here guys, good luck trade wiselyby AdilHussain731333Updated 2
XAGUSD - Wait for BreakoutThis is my opinion on XAGUSD, the price is more likely to break out to the downside.by Integrity_GoldFX111
SILVER Massive Bullish Breakout! Buy! Hello,Traders! SILVER keeps growing And it made a massive Bullish breakout of the Key horizontal level Of 30.00$ and the Breakout is confirmed So we will be expecting A further bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too! Longby TopTradingSignals112
Silver is in a very good price patternSilver has been in a downtrend for about 10 years. From 2020 until now, it has made a very good price pattern that has made silver a strong uptrend and I believe it will continue. 2025 it will be high. If you are planning to buy silver or already own it, you are doing the right thing. The same goes for gold. STRONG BUYLongby MoralDiscipleUpdated 12
Strifor || SILVER-17/05/2024Preferred direction: BUY Comment: The previous long trade in silver was successfully closed at take profit, but we continue to actively adhere to short-term buy priority. Current prices are perfect for this and one can safely consider purchases with a goal of at least level 31 (scenario №1). In the event of a sharp change in market sentiment, one can consider entering a long position as part of a re-test of the level 29.77800 (scenario №2). 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
Silver AnalysisSilver forecast ----------------------------------------------------------------- Dear traders, silver reached, and respected 38.2% fibbo level full wave, and respected the 61.8% level fibbo of the last wave from Thursday till Friday. We have to scenarios, first breakout the weekly low 30.05 and go to the next support level, or correction on the full wave till 50% fibbo (Supply Zone). waiting for more confirmations to take our setup.by Hassanberjawi1
XAGUSD - SELL Trend Down (I know i'm good) Return to Order Block Ultra Meter 77 all Red RSi all Down Shortby NZ_Shareman2
XAG/USD Hits Target, Eyes Support Amid Bearish PullbackHello Everyone, XAG/USD has hit our previous target of 31.8 and has since begun a bearish decline. Currently, the weekly and daily support levels are holding strong. For now, the strategy is to remain patient and observe where the price will establish support. The long-term outlook remains bullish. TradeWithTheTrend3344Longby TradeWithTheTrend33442
XAGUSDXAG/USD is how silver is labeled for spot trading on the foreign exchange market. Silver (XAG) is traded against the US dollar (USD), so its price shows how much one ounce of silver is worth in USD.Longby HavalMamar1