Buy SilverLooking at the technical, I will look to buy both Gold and Silver. I am looking at a short-term bull run from the green arrow marked on my chart. Do your due diligence though.Longby SGDKHOR0
XAGUSD set up for long entry XAGUSD on the 120-minute chart is at the top of the high volume area on the profile. This is a relative volume void above and a high volume area breakout is possible or even likely. The TTM squeeze indicator has just triggered. The Price Momentum and Relative Trend indicators appear bullish. I assert that spot silver is bullish right now and mining stocks especially junior miners may be ready to take long positions as well. My immediate target for spot silver is 25.75, the recent high pivot in March and then 25.95 the high pivot of December, and then 26.5, the highs of Spring 2022. Played in a leveraged forex setting, the profit potentials are significant.Longby AwesomeAvaniUpdated 2
Silver updateA breakout of the rising wedge strengthened the case for an upcoming bearish H&S top in Silver. Should the $26.7 level be breached the min target is $23.5Shortby WavesPatternsCandlesIndicators0
SILVER Bearish Flag! Sell! Hello,Traders! SILVER is trading in a Local downtrend and the Price has formed a bearish Flag pattern so IF we see A bearish breakout then We will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals227
SILVER (XAGUSD): Detailed Multiple Time Frame Analysis 🪙 Daily/4h time frames analysis for Silver. Price action & key levels. Directional bias & thoughts. ❤️Please, support my work with like, thank you!❤️ Short02:57by VasilyTrader112
SilverSilver showing strong fundamentals with an entry from the 1hr technical timeframe, SL moved under the recent swing long and will hold out for more on thisLongby iainfallowfield0
Thinking Out Loud, Silver dipping before launchingLooking back on the chart, massive climbs were often preceded by abrupt dips. Stay shark. Longby kyleruzekUpdated 2
Strifor || SILVER-25/04/2024Preferred direction: BUY Comment: Let's refresh our previous silver trading idea. Here, as before, we expect more strengthening of the buyer, however, it must be said that the situation is quite uncertain, and it would be better to even take a closer look at the same major currency pairs, the situation there is more interesting. Scenario №1 is already in progress, and the pressure at 27.50 indicates a likely breakout upward towards the target at 28.50 . We don’t forget scenario №2 and keep it as plan B. 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 116
Strifor || SILVER-23/04/2024Preferred direction: BUY Comment: Metals , on the contrary, show a negative trend at the beginning of the week, but within the framework of long-term movement, this is just a normal correction. Long trades of both gold and silver are considered. For silver , the price approached important support at the level of 26.50 , from where last time we recorded a maximum at the level of 29.78. A more likely scenario involves growth from this support with a target at the level of 28.50 ( scenario №1 ). Scenario №2 assumes growth after a small false movement towards the support area of 25.50 . 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 116
Silver Prices Rebounding from Harmonic SupportThe price of spot silver versus the US dollar (XAG/USD) remains entrenched within a moderate uptrend. This tends to attract trend-following systems that attempt to buy breakouts of key areas of resistance and buy into corrections. As evident from the H4 chart, price action has rebounded from an equal AB=CD harmonic formation at $26.79. Traders commonly enter long from the 100% projection ratio and position protective stop-loss orders beneath the 1.272% Fibonacci projection ratio ($26.19) and target the 38.2% and 61.8% Fibonacci retracement ratios derived from legs A-D ($27.87 and $28.60, respectively). Longby FPMarketsUpdated 4
Silver UpdateSwitching to a more bearish H&S top with a rising wedge for the right shoulder. Perhaps one more rally to the top of the wedge trading range then off to break the neckline with a selling climax. Longer term, bullish outlook!Shortby WavesPatternsCandlesIndicators1
XAGUSD BullisgXAGUSD made head and shoulder pattern. There is RSI divergences on the head which seems like the rend will be reversed.Longby Saad_Amjid1
XAGUSD SHORT Daily: - H&S + Bearish W - Ascending channel is broken - Clear Switch of Momentum Weekly: - MS - LCC + FIB (completion -68 FC) + ZONE 2/4 indications on weekly, Bearish reversal confirmation on daily at the weekly highs + Overal structure 90% rule 4H: - Daily limit - Possible 3rd touch descending trendlineShortby SimonVerlindeUpdated 2
XagusdA potential of 66% was detected against a temporary loss of 9% from the current level. Taboo this does not happen immediately. Patiently accumulate positions in the direction of the long-term goal. I don't expect the price to operate below 24.91, but if that happens, i should wait from 53.73. Contrary to popular belief, stock markets are not falling markets. The chart wave structure is suitable for long positions. The psychological basis and the world conjuncture will bring the position target shown on the chart. It points to the change in dynamics that cause prices to remain under pressure for a long time. the strategy was determined in the direction of the targetLongby Herif1
NAI/WETH COIN Chart looks better. Looking for bullish momentum Looking at OB and Order flow to enter. Long13:09by PositronXY0
ZKML/WETH COINLooking for opportunity in this coin. Need to see more confirmation to enter. More Bullish intention coming need to be seen. Still very cheap coin.Long07:30by PositronXY0
Waiting for the 5th wave! or deeper correction for wave 2?Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules. As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy. I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision. For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea. My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace. I express my gratitude for your continued support and kindness, and welcome your comments and critiques. May my analysis be a valuable asset to your business journey, and I remain sincerely yours, Mr. Nobody Longby mehdi47abbasi7910
Rug Pull 459.0Looking like it is time for the usual silver rug pull. Silver has not once not destoryed the perma bull, death of the dollar, metals are money cult. They even agree the game is rigged, yet still fall for every sucker rally. Just because you have a physical object in your hand it does not make it some superior asset.by Earthmatrix0
Silver/USD - Trend Reversal Double BottomLooking at the chart on 23 April, one can see bullish divergence and double bottom pattern appearing. Therefore, if one could have taken entry after waiting for confirmation once Neckline is broken. Stop loss will be double bottom line, while TP1 and TP2 will be equal distance measured from double bottom line to neck line as depicted on chart.Longby Golden_Spur1
Market Analysis: Positive Trend for XAG/USD ContinuesHello Everyone, XAG/USD is exhibiting bullish momentum at the moment, with the 1-day support holding firm and the price positioned above the 1-day resistance, indicating positive prospects. The next favorable development to watch for is the 27.416 1-day strong resistance transitioning into a supportive role. TradeWithTheTrend3344 Longby TradeWithTheTrend33442
Silver and gold - passing the test?This week, precious metals had their first serious test of the potential downside since this leg of the rally began in mid-February. Gold lost over $100, or around 5%, from last Friday’s high to the low on Tuesday. It now appears to be stabilising back above $2,300. Silver lost close to 8% between the same levels, but it too managed to steady itself yesterday and, like gold, is a touch firmer this morning. Could this be a brief pause before the selling resumes? Quite possibly. But it may be that the severity of this week’s decline has been enough to scare out the weaker hands, and now the market is setting up for another push higher. If we do see another sell-off, traders will be watching to see how gold and silver perform at support which comes in at $2,300 and $27 respectively. If support holds, then that would be an indication that there’s more upside to come. Investors will also be watching out for quarterly results from Newmont, the world’s largest gold miner. There will be great interest in hearing the outlook from the corporation’s management.by TylerNorcross1
XAGUSD Current SituationThis is my Setup for XAGUSD. Market has broken the structure to downside which i think is a valid ChoCH. I have identified 2 POIs in this setup for Short. Decisional POI may behave as SMT, so look for LTF confirmation for entry. Thank You.Shortby Sikandarkoree1290