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 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
I still keep bullish bias as we rejected BPR. Longs until 35.41Silver has finally broken up multiyear highs and it's set for the continuation higher in its upper band of the channel. If we get a decent retest for the weekly inverted FVG and its BPR. It will be a great entry. Previous analysis Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Longby Dave-FX-Hunter1
XAGUSD Possible to Reach $300 to $400. Channel Top.Silver / U.S.Dollar is Possible to Reach Channel Top, if it Breakout above the Resistance level. One of the main reason is that Resistance level Breakout after 44-years. So Expect Wild movement in a Bullish Trend. Target is the Channel Top, and the Price is $300 to $400 Dollar, it depends on the Time. I want to help people to Make Profit all over the World.Longby SasikumarMani1
Silver is about to rally hard. Just look to history.Its simple really. If the silver/stocks ratio breaks out, in combination with a breakdown of the gold silver ratio, money inflows from both stocks and precious metals investors flows into silver. The last time this happened, lead to a strong silver rally. At the moment, we just need to wait for the gold/silver ratio to breakdown below the green line, then its off to the races for silver. Longby WinstonWolfe1
XAGUSD: Bullish Megaphone going for its top.Silver is almost overbought on its 1D technical outlook (RSI = 68.691, MACD = 1.067, ADX = 40.719) as it reversed last week's minor pull-back. Being supported on the 1D MA50, the current Bullish Megaphone pattern is aiming for its top. We are expecting a +33.66% rise (TP = 34.500), same as the first Bullish Wave. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope1115
Buying Silver at 22$ based on H.Marks Cycle theory.Risk and Time are in opposite sides of a coin. Meaning what is unknown equals risk. Markets are forward pricing mechanism, meaning when something is known - usually was already priced in (bought with risk). H.Marks theory was you should buy things in advance, when there was hypothetical most risk; in practice it would be the least risk (as shown in graph). As long as there were hedges and drivers? You cant measure future demand? Here key words were economic gravity and inflation trend (unknown). Once we saw inflation in mid-January -> we could start placing bets on silver (22$). //Highest profit comes from buying in advance (combining w/ 200dma cycle?). When something is "risk-free" or certain -> it has 50-50 chance of profit and loss in both directions?; when something is "small risk", certain has small returns. //this works as long as there is 1:5 potential.by citsvar0
Silver outperforming Gold with 45 % gain vs. 15 %.Silver has gain speed and the raise is on to 50 $. Will it get there before Gold hits 3000?Longby HelgeBrekke0
Silver vs Spx QuarterlyYou see, the #Silver bull era only starts once it breaks out versus #Spx. That moment is close, but has not happened yet. Still very early, not sure most understand this.by Badcharts7
Silver moving aggressively Silver has started to move aggressively. Interesting to note that it’s when the US markets are closed and it’s the evening in Asia. Longby SpaceCadetAcademy2
Short-term selloff in metals expectedI expect we will see copper, gold, and silver being offered the coming days. A short term short in XAGUSD could be a way of profiting from the potential downside. In case you want to short, you can put a stop above the high at around 32.5, and we will define target later. I expect around the 29 level. In case we hit 30, you can move stops to break even to take the risk off. CheersShortby ScienceBasedTradingUpdated 5