Ascending Triangle on Silver/USDI'm not the first one seeing this, but in a few days we'll know: a. another buy opportunity under $31.00 b. $31/oz floor is setLongby antoniochipfernandez114
SLV - CALLS!Silver has surged 33% this year, driven by its critical role in modern technologies and as a hedge against currency devaluation. Alan Hibbard, a noted analyst, recently discussed the factors behind silver's rise on Schwab TV, highlighting robust demand from both retail and institutional investors. Analysts expects silver to outperform gold in the short term, potentially reaching $50 an ounce. Central banks, particularly China, have been increasing their gold reserves, while copper has also reached record highs due to demand in green technologies. These dynamics underline silver's growing appeal in a turbulent economic landscape. Personally bought $35 Strike 9/20 exp. Buying if we go back and retest res as sup. Multi 100% gainer!Longby Smart_Money_CpyderUpdated 4
Silver uptrend intact & looking good!After overcoming resistance at $34/$34, the next stop is $50 where a substantial correction should take place. Longby RaSantana1
Primary count remains this one...last one was bearish alternateI still remain boolish... but want to make sure we are all aware of bearish alternate counts....this is my primaryt count for silver.Longby ConservativeOne11
Fake out of all FAKE OUTS???This could be the mother of all fake outs!...hard to say right now, but I am quite leery of more upside until we get a decent retrace...my sentiment...DEFENSIVE!Shortby ConservativeOne15
Intraday Opportunity in SilverThis is a very short-term idea for a long trade in silver: double bottom in the OBV in an overriding uptrend. The “ Bald Candle” at the previous high is a good price target.Longby Ochlokrat0
Silver lower high, $30 still keyIntraday Update: Although silver rallied sharply from the $30 level last week as expected, the move back to the 161% Fibonacci extension may carve out a slightly lower high, which may allow for a re-test of $30 in the days ahead. by ForexAnalytixPipczar0
XAGUSDPair : XAGUSD ( Silver / U.S Dollar ) Description : Double Top as an Corrective Pattern in Short Time Frame Resistance Level Break of Structure RSI - Divergence Completed " 12345 " Impulsive Wavesby ForexDetective4
XAGUSD upside target 34.0XAGUSD is currently maintaining a good upward trend, and bulls are performing strongly. At present, we can pay attention to the potential upward AB=CD pattern, with a target position of 34.0.Longby XTrendSpeed4
Silver Prices Poised for Bullish Rise as Key Indicators AlignHello there, Technical Outlook: Silver prices have been hovering above the 29.982 mark, and need a close watch over the RSI for signs of a potential bullish trend. If the silver price manages to pull above the RSI moving average and surpass the 50 level, it could signal a proper bullish rise soon. The current market conditions have also challenged the Elliott Wave theory's fourth wave, which suggests that the price may be consolidating before a potential upward move. The 72-day exponential moving average (72 DEMA) is another key indicator that suggests an overall bearish market, so it's a high-risk setup. Fundamental Summary: Silver prices are up 1.5% to $30.58 per ounce. The outlook for silver is uncertain due to the Federal Reserve's plans to raise interest rates. The US economy is looking strong, which could affect silver prices. Investors are watching the US dollar and a key economic indicator called durable goods orders. The overall outlook is uncertain, but silver prices are currently up 20% since the start of the year Happy Trading, K.Longby KhiweUpdated 1
XAGUSD SELL Could this be a possible selling zone for Silver? The RSI is showing that the market has reached maximum buying area. The 4HR is also showing a reversal chart pattern at the current zone, we could possibly see selling pressure coming in. Let's see how this will play out Shortby WiLLProsperForex1
SILVER XAG $24 | Range for entry $18 | $40 Oil has a 20 year cycle that resets from $5 to $120 per barrel this Rock has less than 20 .. 10year of winding down and 3 years of unstoppable pump by senyorUpdated 4426
silver vs spx weeklyHere's the setup for #silver to run up over 50% in a few months and recapture the mythical 50$ mark.by Badcharts1
Tea cup/ Gold cup setup on XAGUSD (Silver)1. Order block with unbalanced fair trade gap identified in the green. 2. Wedge broken. 3. Price is anticipated to break 50 McGinley line average. Longby thethefrom3Updated 7
Inverted H&S' on Silver Chart2 Inverted Head & Shoulders - possible trend continuation until final target.Longby onur-simsek2
SILVER: Weak Market & Bearish Forecast Balance of buyers and sellers on the SILVER pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals114
SILVER (XAGUSD) 04/02/2024Purple Box: Bearish (21.6 - 22.1p/o) Blue Box: Bullish 1.(25 - 25.6) 2.(28 - 28.7p/o) Bullish Scenario Silver's a very under priced metal, I'm thinking because countries are stock piling more gold they should also be doing the same with silver... Prise is finding or has found support above 22p/o and so a push upwards towards 25 is highly probable... If we call our last push down a retrace, we hit 60-70%(discount?) Bearish Scenario There is a high probability of being bullish, but the markets the market and a fall shouldn't be ruled out... A break below the purple box with resistance then found and a fall to 18p/o is likely... (bias change) We could be forming an ascending triangle... So one more rejection of 25p/o and then a full pullback climb to 28p/o or passed. Longby DENCHMONUpdated 115
Silver H4 | Approaching pullback resistanceSilver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 32.26 which is a pullback resistance. Stop loss is at 33.50 which is a level that sits above the 127.2% Fibonacci extension. Take profit is at 30.04 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. 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. 68% 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.Short02:37by FXCM1
Strifor || SILVER-23/05/2024Preferred direction: BUY Comment: After yet another historical and local record for metals , this market began to correct faster than currency pairs. In silver , in particular, we have recorded a local maximum and are now confidently moving towards the support level of 29.77800 . Near this level, we consider long according to scenario №1 , taking into account the context. We also do not exclude scenario №2 , which involves buying at the 29.00 level. In both cases, we do not consider the target above the level of 31.80 , where this correction started. 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 334
Strifor || SILVER-21/05/2024Preferred direction: BUY Comment: A long with little potential can be considered for silver in the next 1-2 days . Let us remember that earlier we also considered purchases near the level of 30.50-31.00. These trades were closed with profit and can be viewed in the profile. Just like with currency pairs, here we are considering a small potential for strengthening against the US dollar against the backdrop of previous transactions. We are considering both scenarios presented on the chart for entering a long position, but still the more probable scenario №1 , which assumes maximum growth from current prices. In any case, a target above the level of 33.00 is not considered for today. 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 118
Weekly Analysis for the Week of 05/27/2024 - SPY QQQ NVDA BTCWeekly analysis of the broader market and what I'm looking for this week.11:03by AdvancedPlays0
Massive Running Flat Silver MacroRunning flats are rare, but extremely bullish. 3 wave A down from $48 into a 3 wave B that takes out the high of A, finishing with a 5 wave C that wicked below $12 at 85% the length of wave A. First target is $120Longby SqueaksUofA0
Silver FailSilver failed hard today, had a small short term position get wrecked. Still don't think it's over, but that pennant break the downside is rough. I'll be watching for a retest of the major trend line it broke for another long on it.Longby AdvancedPlaysUpdated 3