Gold SilverBoth still got sellside Liquidity - If it does actually go higher and not consolidate it's more than likely doing a 30-50% Low at most.by Cb98_1
XAG/USD rising towards 50% Fibo resistance, could it reverse?Price is rising towards a resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 27.861 Why we like it: There is a pullback resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 28.872 Why we like it: There is a pullback resistance level Take profit: 26.399 Why we like it: There is a pullback support which aligns with the 61.8% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets6
Silver H&S update The breakout occurred yesterday and today the neckline could be the bounce target since the bounce is forming a rising wedge. The upper limit of a potential Elliot Wave count would be invalidated should the horizontal red line fail to cap a rally which surpasses the neckline. After the current rally is completed a swift reversal to test the $25-26 range appears likely to mount support. Longer term a move above $30 should usher in a test of $50.Shortby WavesPatternsCandlesIndicators0
Silver's Seasonal Trends: A Strategic Approach for Short SetupAs Silver trades around the $27.98 mark, investors find themselves at a crossroads, grappling with the implications of evolving market dynamics and economic indicators. While speculation surrounding potential interest rate cuts by the Federal Reserve (Fed) in June exerts downward pressure on the gray metal, a closer examination of seasonal trends offers valuable insights for crafting strategic trading setups. From a seasonal perspective, this time of year typically witnesses a drop in Silver prices. Historically, this seasonal pattern has played a significant role in shaping market sentiment and price movements. Therefore, instead of solely relying on traditional supply and demand dynamics, investors are wise to consider the influence of seasonal factors on Silver's trajectory. Turning to recent economic news, the US Consumer Price Index (CPI) report for March revealed a turbulent path for inflation, prompting expectations that the Fed will maintain its higher-for-longer rate narrative. This narrative suggests that interest-bearing assets may become more appealing relative to Silver, potentially limiting the gray metal's upside potential. As a result, the Fed Funds Futures market has adjusted its expectations for the timing of the first rate cut, now anticipating it to occur in September rather than June, according to the CME FedWatch Tool. In light of these developments, investors seeking to capitalize on Silver's short to long-term potential must adopt a strategic approach. A short-middle to long-term setup requires a nuanced understanding of market trends, economic indicators, and seasonal patterns. Shortby FOREXN1Updated 4411
XAGUSDWe can attempt to short XAGUSD from specified level as it break last HL , also there is bearish divergence indicate that it move downward. SL , TP mention in chart. Shortby SignalEdge1
Momentum Regimes: CommoditiesMomentum Regimes: Commodities Ascertain which phase a commodity may be in, as per the momentum regimes. Ranked from overbought to oversold.by techpers1
XAUUSD How to Scalp Trade on the 5 and 15min TimeframeTaking a look at Gold metals, we had quite the correction in the past 24 hours so I'm now looking to bottoming action to scalp trade on the small timesframes. This video explains a quick in and out strategy that I use when bottoming or topping action has been detected. Little by little with small scalps actually yeilds greater profit in a shorter period of time than just looking for an entry, holding and then hoping to exit at the right time. Send me a DM if you have any questions about this technique. That's it - That's all Trade Safe Long04:22by Michael_Harding4
silver will retest 25.3 a 15% dropthat weekly resistance become weekly support for now stochastic will bottomed but that structure will hold and become rocket base for bullish long term trendby salvanost2
Finally - a pull-back in precious metalsGold and silver were sharply lower first thing this morning, and they extended their losses during the afternoon. It may sound like a bit of a cop-out in terms of an explanation, but both metals were well overdue a significant pull-back. Gold in particular, has rallied relentlessly since mid-February with little in the way of a pause. Now traders face the same question for precious metals as they do for equities: is that it for the correction, or is there more to come? The main difference between the asset classes is that the correction in stocks has been going for a bit longer than in either gold or silver. That means that today’s sell-off in metals could be just the start of something bigger. But countering that view is the knowledge that when precious metals experience the type of gains they’ve seen over the last ten weeks, pull-backs can be deep, but also quite short-lived. Despite this, both metals are still a long way above any significant levels of support. Will they back-fill and retest, or just power on regardless? Two observations on silver: the daily chart shows that $30 is increasingly important as a resistance level. And $26 marks significant support. by TylerNorcross0
XAGUSD Short BiasHello traders! I am looking to short Silver for an intraday setup / correction. Following the weekly shooting star formed last week, i was patiently waiting for a confirmation to short the pair. Once the price reaches the supply zone, i will wait for confirmation. However, if it mitigates during US session / news release. I will enter aggressively, with the same SET shown in image (SET = SL / Entry / Target) Shortby NeddFx13Updated 4
2008 high-low trendlineShort into 2022/2023 to $17 or (if break 2008 trendline) to $7 Long after 2022/2023 to $42Shortby likwitUpdated 3
🚨🚨🚨Oh boy - Silver is gonna 🚀A TTM Squeeze on the Daily, Weekly and Monthly = a huge move is coming. I believe Powell will talk about adjusting the acceptable inflation rate in his speech tomorrow from 2% to 4%. He will appear dovish and inflation will rocket in the dollar starting April when the gamma has rolled off the quarter. I've also been noticing that precious metals are higher priced in China's SGE Exchange and rises in the morning and gets hit down during NY time. This means China is setting the prices of silver and gold and that the FED has lost control of inflation. In June the FED will end up hiking to 8% and the markets will take a dive. Then a false flag will be used to to justify the FED lowering rates as the dollar TVC:DXY ascends to 120-160. This will explode hyperinflation after the Dollar implodes (2026-2027), just in time for the FED to roll out the CBDC's under social credit scores. Please stock up on freeze dried food, water, ammo and physical silver and gold - and stay away from the cities. There's a good possibility the election will be called off under Martial Law. I will release a stock pick I think has some peculiarities I noticed that will exponentially skyrocket if this happens. Kinda a lottery ticket. It's not financial advice so beware - and I also will be investing in this stock as well so I'll have skin in the game. If by any chance the market interprets what Powell says as Hawkishness, like NO interest rate cuts this year FOR SURE, and that they're still targeting 2% inflation rate than all bets are off and precious metals will sell off before some summer event that causes the FED to cut rates (the false flag attack). Either way, precious metals will be the canary in the coalmine to watch going forward.Longby EmptyEternityUpdated 2211
Short term slide for silverSilver needs to consolidate, and since the dollar will fall since Japan, South Korea and USA's Yellen agreed this week on it, they need to slam silver first to blunt the ascension and to shake out paper hands. Shortby EmptyEternityUpdated 2
XAGUSD- where is today support? Holding or not?#SILVER.. market exact moved as per our video analysis. And now just near to his today supporting area, that is 27.45 around, Keep close it guys because if ma key hold it in that case you can see again bounce from here otherwise not at all. Stay sharp here because it's our cutt n reverse area on confirmation . Good luck Trade wiselyby AdilHussain7313331
XAG | XAGUSD | Silver Key levelsXAG | XAGUSD | Silver Key levels if you can see silver is testing the imp level of $29 , closing and opening above this level will send silver to $36/50/75 $29 will going to be imp support ahead.. SP2 is current support level below $29Longby XDataAnalyst4
XAGUSD Pair : XAGUSD ( Silver / U.S Dollar ) Description : Symmetrical Triangle as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Fibonacci Level - 61.80% Impulse Correction by ForexDetective4
Silver - XAGUSD 2024.04.19. LongSilver is one of the top performers nowadays. We ha a nice setup for trend continuation with high R:R. If we get stopped out re entry is valid because there is buying pressure in higher timeframes. Have a great day! :)Longby Vitezabraham1
Strifor || SILVER-18/04/2024Preferred direction: BUY Comment: Previous trade ideas for silver , where we considered selling, have been cancelled. Today, another strengthening of metals is expected. The buyers' target will, of course, be the local maximum at level 30 . It is best to set the target slightly below this level. As you can see in the chart, we have formed a clear contracting triangle, and volatility has died down. This is a clear sign of an upcoming impulse, which, as we suppose, will be upward. We are considering two scenarios. Scenario №1 is more likely since further weakening of the US dollar (on major currency pairs), which began in the middle of this week, is expected and this should soon also be reflected in metals. 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 331
simple resistanceprice is testing last big resistance $30 fomo buying and sentiment have reached its limit with resistance at $30 if this level don't breakout with big support news then silver may have peak, like it bottom in auugst 2022 light years ahead of fed first rate cut buy the rumor sell the news old trend of rate cut is over get ready for new trend of fiscal policy Shortby Sangam-Agarwal4
Silver H4 | Potential bullish bounceSilver (XAG/USD) is trading close to a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 27.94 which is a pullback support. Stop loss is at 26.70 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 29.17 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long03:03by FXCM114
XAD/USD - Sideways Trading on 15 min ScaleAfter drawing Support and Resistance lines at 30 min timeframe, switch back to 15 min timeframe to take LONG and SHORT trades. LONG Trade: Enter just above R2 with S/L just below R1. Set TPs as per Risk / Reward ratio. SHORT trade: Enter just below S2 with S/L just above S1. Set TPs as per risk / reward ratio. Values of trade I'm taking are mentioned on the Chart. by Golden_Spur1
Silver International Daily -Strong Uptrend and SlopeBreakout with Strong Green Candle Rising slope of 60 degree "3" Upside Targets with Lines and Price levels. Stop Loss is low of Green CandleLongby Rohit_PSVUpdated 3
Silver will launch when USDJPY plummets from Dovish FEDSCENARIO 1: EVERYTHING hinges on the carry trade. If USDJPY goes down, so will yields - making inflation higher and commodities will boom. Of course this is a mistake and Japan (and the whole world) will feel the effects off inflation here since TVC:DXY will plummet also to 97. Then when everyone blows up in the summer sparking a u-turn and the FED realizes inflation reignited, the FED will be forced to hike rates, as the BOJ goes back to negative interest rates. This will spark the largest explosion of currencies as the TVC:DXY goes to 140-160+ - blowing up last in the process. This will give central bankers the opportunity to bring out CBDC's as they go negative interest rates hinged on social credit scores. That's unless Donald Trump can overcome all the cheating and banana republic shenanigans (arrest or assassination). If he is able to become president then he will move the USA back to a gold standard when everyone else (BRICS) is being forced to swear fealty to a digital yuan (remnimbi) that's backed by social credit scores. SCENARIO 2: IF the FED goes hawkish, that will spark the blowup in currencies and markets, forcing silver down before catapulting when the FED erases interest rates, but I believe we are in for scenario 1.Longby EmptyEternityUpdated 228