SILVER - NEW BREAKOUT 🚀Hello Traders ! On The Daily Time Frame, The XAGUSD Reached a Support Level (22.27700 - 21.88300). The Price Formed a Rectangle Pattern. The Resistance Level is Broken. So, I Expect a Bullish Move 📈. ------------ TARGET: 24.16000🎯Longby Hsan_BenhmedUpdated 558
SILVER: Short Trading Opportunity SILVER - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell SILVER Entry - 24.182 Stop - 24.610 Take - 23.330 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals1113
Sideway corrective structure (second possibility)Greetings Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, 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, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody Possible idea in silver bull market Longby mehdi47abbasi799
Possible idea in silver bull marketGreetings Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, 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, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody Longby mehdi47abbasi797
XAGUSD BUY XAGUSD - Long View Trade Reason : 1 .Market Stay in Day Support Level 2 .4 hr Channel Breakout 3. Trend Reversel Confirm . Entry - 22.72852 Target - 23.41600 Stoploss - 22.27500 Thank you .. Longby Dreamtrader00Updated 1
Silver- Will it catch up with Gold?Similar to Gold, Silver also began the year poorly. After finding support just under $22, it started trading in a range. A few hours ago, the price managed to break above the range's resistance, indicating a bullish outlook. However, unlike gold, silver has lagged behind in its performance since the start of the year. In my opinion, this gap will be filled, and we can expect the price of silver to reach around $25 soon. I'm looking to buy dips, with the price at the beginning of the year as my target.Longby Mihai_Iacob15
SILVER (XAGUSD): Important Breakout 🪙 Silver successfully violated a resistance line of a wide horizontal trading range on a daily with a strong bullish imbalance. It may indicate the dominance of the buyers and a strong bullish sentiment. The market may reach at least 24.0 resistance soon. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader119
Precious Metals Broadly Higher!Following the US cash open, we can see precious metals have been broadly bid today. The price of spot gold (XAU/USD) and spot silver (XAG/USD) are +1.7% and +2.8% higher, respectively, at the time of writing. Despite UST yields advancing and the Dollar Index offering very little, both gold and silver are outperforming! Resistance is limited on gold, paving the way forward to challenge those all-time highs around the $2,150ish neighbourhood. Technical Picture for XAG/USD As for the price of silver, technical studies show longer-term price action nearing weekly resistance formed between $24.48 and $24.03. This follows a rebound from weekly support at $22.16 in mid-February. Drilling down to the daily timeframe, we can also see silver offering interesting price action. On the one hand, we have a complex inverted Head and Shoulders pattern in play; the left shoulder resides at the low of $22.47 (11 Jan), the double heads can be located around the lows of $21.91, the right shoulder can be found at the low of $22.27 (28 Feb) and the neckline is extended from the $23.53 12 January high. For chart pattern enthusiasts, you will also acknowledge the double-bottom pattern formed from the heads of the complex inverted Head and Shoulders at around $21.91 (the neckline for this pattern is found at the high of $23.32 ). However, in order for price to reach the double-bottom pattern’s profit objective at $24.71 or the inverted Head and Shoulders pattern profit objective at $25.07, we would need to probe current weekly resistance. From the H1 timeframe, recent movement overthrew resistance at $23.52 (now marked support) and cleared offers for a possible approach to resistance from $23.97. What’s interesting here is this H1 resistance resides a whisker south of the weekly chart’s resistance zone highlighted above between $24.48 and $24.03. XAG/USD Bulls to Remain in Control? According to the weekly, Daily and H1 timeframes, bulls are poised to remain at the wheel at least until reaching the H1 resistance/weekly resistance zone. Once, or indeed if, we reach the aforesaid resistances, sellers could make a show. However, should further buying beyond the resistance levels come to fruition, the area between the double-bottom pattern’s profit objective at $24.71 and the inverted Head and Shoulders pattern profit objective at $25.07 would likely be seen as the next upside objective. Longby FPMarkets0
analysing XAGUSD time 2H #XAGUSDanalysing XAGUSD time 2H #XAGUSD it may take time to touch it but it will surely does.Long00:37by forexismaeel1365Updated 110
MAJOR move starting IMOGet it while you can...this is about to take off in my opinion!Longby ConservativeOne12
SILVER. reached at his resistance area? holding or not?#SILVER.. market just reached at your resistance area, that was mentioned in my video , keep close it because it will play key role in next move. if market hold it then drop expected from here otherwise not at all. good luck trade wiselyby AdilHussain7313331
Silver $: time for some bullishness?A price action above 23.00 supports a bullish trend direction. The conflux of the 200-day and 200-week simple moving averages acts as a critical pivotal point. This level also overlaps with its 50% Fibonacci retracement level. The target price is set at 24.50. The stop-loss price is set at 22.50. Ideal win/loss ratio.Longby Peet_Serfontein1
SILVER Technical Analysis! SELL! My dear friends, SILVER looks like it will make a good move, and here are the details: The market is trading on 23.361 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 23.033 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK Shortby AnabelSignals2210
Strifor || SILVER-27/02/2024Preferred direction: BUY Comment: Despite the fact that gold is a more comfortable instrument for entering a long position among metals, long for silver is nevertheless considered. It should be noted that at the end of yesterday there were good hints of a long position. All that remains is to wait for the close above the level of 22.66582 (scenario №1). The limit buyer began making its presence known on Tuesday. Less likely scenario №2 remains as Plan "B" . We fix the growth target at the level of 23.32250. Thank you for like and share your views!Longby Viktor_strifor_analystUpdated 115
Strifor || SILVER-29/02/2024Preferred direction: BUY Comment: The situation with silver has changed. Buy-priority remains relevant in the longer term, but the areas and entry levels are currently different from previous ones. As far as we know, today is expected to be a busy day in terms of the economic calendar. Therefore, increased volatility should not be a surprise. Today we are considering two scenarios, and here, it will most likely be better to take a closer look at the long position through the "divergence" strategy. To do this, you need to use the well-known RSI or MACD, for example. The level of 22.66582 is in the spotlight, and growth above this level is not expected in the short term. 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 111
SilverSeems like a breakout after a really really long and exhausting downtrend consolidation Longby Thando1112
XAGUSD Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed Impulse Correction Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement Break of Structure RSI - Divergenceby ForexDetective6
SILVER BEARISH BIAS RIGHT NOW| SHORT Hello,Friends! We are now examining the SILVER pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 22.653 level. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals112
Sliver Ideas I wonder which level will be the right one, I guess nfp will tell, more bullish bias than bearish Longby edwardsdevon00
✅SILVER SWING LONG FROM SUPPORT🚀 ✅SILVER is trading along the Massive rising support line And the price is already making A bullish rebound from the support While also forming a pattern That looks suspiciously like The bullish H&S on the smaller TF Which reinforces our bullish bias And therefore, we will be expecting A further bullish move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx112
Silver Demand area ( XAG/USD )I have identified a very strong order block that can push the price well. In addition, the existence of an fvg area in orange color can show the validity of this area more. Anyway, we have to wait for the proper confirmationLongby Farshidehsani1
SILVER Massive Long! BUY! My dear friends, My technical analysis for SILVER is below: The market is trading on 22.719 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 23.082 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 228