XAGUSD LONG BUYHello everyone, for silver I'm still bullish, I'm waiting for my discount zone at a cheap price to potentially make a purchase with confirmation of course. Longby InfiniteY33
XAGUSD SetupSorry for publishing less number of Setups these days due to Ramdan. This is my Setup for XAGUSD, overall market is bullish on, although given CHoCH on 1 hour time frame. This Setup is valid on 4 Hour time-frame so I would like to take LTF confirmation at least on 5 or 15 min time-frame before taking any kind of entry.Longby Sikandarkoree129116
SILVER Potential Long! Buy! Hello,Traders! SILVER is going down now But the price will soon Retest a horizontal Support level below at 24.39$ From where I will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals116
Precious metals take a divePrecious metals flew higher in the wake of yesterday’s Federal Reserve monetary policy announcement. There was a dovish surprise in that the US central bank’s FOMC indicated that they still expect to cut rates by 75 basis points this year, despite a recent uptick in inflation. The US dollar dropped sharply, giving dollar-denominated commodities a boost, while the prospect of lower borrowing costs boosted the attractiveness of holding gold as an asset. The move took gold to a fresh all-time high, breaching $2,200 for the first time. Silver rallied too. But while gold managed to hang on to yesterday’s gains in early trade today, silver pulled back after a positive start. But everything changed mid-afternoon. Without an obvious trigger, the dollar suddenly surged higher while silver, and then gold, slumped. While gold remains above support at $2,150, it has given back a large chunk of yesterday’s post-FOMC gains. But silver is currently down around 3.5%, giving back all yesterday’s gains and more. There’s no obviously significant area of resistance, but it will be interesting to see if it can hold $24.50, around 20 cents below current levels. Could this be the shake-out which weeds out the weaker hands and sets the stage for a bigger rally? Or have we already seen the top this year for precious metals? by TylerNorcross1
#SILVER.. only one supporting area, hold or not?#SILVER... well guys after a funtastic.ride in gold now silver at his one of the most important supporting area 24.90 That was our supporting area in yesterday as we discussed in our video. Keep close it because in today if market clear it then another selling ride in table. Good luck Trade wisely by AdilHussain731333Updated 3
SILVER : SHORT-TERM REVERSAL ?- Since the end of February, the market has been accelerating upward, making higher highs and lows, and trading above a bullish trendline. The short-term trend is therefore bullish. - However, since the impact on a 3-month high at $25.15, a sharp price sell-off has taken place on the white metal. The market suddenly pulled-back just above its first available support zone, in contact with its bullish trend line. The moving averages are reversing due to this blow of volatility, and the RSI indicator even shows a breakout of the upcoming trend line to come, now evolving in the selling zone. - The strong bearish reaction upon contact with longer-term resistance, combined with the selling signals sent by technical indicators, tend to suggest that the bullish trend is coming to an end. If the $24.65/$24.80 zone were to be broken soon, the trend would then be completely invalidated and new bearish targets around $24.42, $24.00 then $23.60 would emerge. Pierre Veyret, Technical Analyst at ActivTrades The information provided does not constitute investment research. The material has no been prepared in accordance with the legal requirements designed to promote the independence of investment research and such is to be considered to be a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.Shortby ActivTrades1
XAGUSD Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 123 " Impulsive Waves Fibonacci Level - 261.8% Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frameby ForexDetective2
XAGUSG - ShortXAGUSD is start to making new lower lows and higher lows, following DOW theory. So, it seems like its showing bit of down trenShortby Saad_Amjid0
SILVER: Still one more wave to 25.6 ? DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS by nmkvijayUpdated 4
Silver (XAGUSD) Should Continue to Extend HigherShort Term Elliott Wave view in Silver (XAGUSD) suggests that rally from 1.22.2024 low is in progress as a 5 wave impulse. Up from 1.22.2024 low, wave 1 ended at 23.32 and pullback in wave 2 ended at 21.94. Up from there, wave ((i)) ended at 23.49 and wave ((ii)) ended at 22.25. Wave ((iii)) higher ended at 24.62 and pullback in wave ((iv)) ended at 23.98. Final leg wave ((v)) ended at 25.44 which completed wave 3. Wave 4 pullback unfolded as a double three Elliott Wave structure as the 1 hour chart below shows. Down from wave 3, wave ((w)) ended at 24.93 and wave ((x)) ended at 25.32. The metal then extended lower in wave ((y)) towards 24.69 which completed wave 4. The metal then turns higher in wave 5. Up from wave 4, wave (i) ended at 24.96 and wave (ii) ended at 24.72. Silver should end wave (iii) soon, then pullback in wave (iv) before turning higher again in wave (v) to end wave ((i)). Afterwards, it should pullback in wave ((ii)) to correct cycle from 3.19.2024 low in 3, 7, or 11 swing before it resumes higher again. Near term, as far as pivot at 24.69 low stays intact, expect dips to find support in 3, 7, 11 swing for further upside.by Elliottwave-Forecast3
Golden Opportunity: Riding the Silver Wave to $30+The precious metals are currently consolidating at a high level. The correction hoped for by many bears has not materialized so far. Silver is currently performing even better than its big brother, gold. We expect the price of silver to soon move towards $30 and beyond. Based on the Elliott Wave Theory, we present two trading options for a long trade in silver as seen in the chart. The first option offers an exceptionally high RRR of more than 7:1, while the second option, with an RRR of 1.87:1, is much more conservative and allows for a larger intermediate correction.Longby OchlokratUpdated 114
Silver 32024Continues to build and stitch out a structure of higher lows. It has tested each level 19.20,21,22 etc and will likely continue to churn its way. Above 25 is where fireworks can start up and test that 30 level. Also we are coming into a key rsi zone where it has rejected off of many times. Knock enough times and eventually it will be kicking down the door. God candle? ALl I know is im glad I have silver and gold. All bought with profits from crypto over the past 5 years WIll continue to stack and prepby BrandonrG0
Silver Is Bouncing From The Support; Bullish Breakout Soon?We talked about silver (XAGUSD) in January, where we mentioned and highlighted strong support at the lower side of a triangle range. On January 26rd we shared a weekly chart of silver, where we warned about limited weakness and sideways contracting triangle range. As you can see today, silver bounced from the lower triangle line and it’s back to the upper side of a triangle range, which can be signal for a completed A-B-C-D-E bullish triangle pattern, but bullish confirmation and real bullish breakout is only above 26 region. So far we can see some nice recovery with an important move above 23.50 followed by push out of a base channel and above 24.50 on 4h time frame, which possibly that's wave (3) of 3 within an impulse, meaning more upside can be coming on silver as this one can be preparing on some major breakout of a big triangle, just be aware of short-term pullbacks.Longby ew-forecast3
SILVER - at his today supporting area? holding ?#SILVER... market just trade above his supporting area guys as we discussed in our video analysis that 24.90 is market full n final supporting area, if market hold it then again a buying ride expected from here. so far market didnot closed below that level in hour chart. keep close it and dont hold your buying positions below that level, good luck trade wiselyby AdilHussain731333Updated 2
SILVER: Expecting Bullish Continuation! Here is Why: It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current SILVER chart which, if analyzed properly, clearly points in the upward direction. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals111
SILVER BEARS ARE GAINING STRENGTH|SHORT Hello,Friends! We are going short on the SILVER with the target of 23.626 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 113
SILVER Is Bearish! Sell! Take a look at our analysis for SILVER. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 25.093. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 24.300 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 111
XAGUSD SILVER Bearish PlanHello Traders, Am goint to loot this silver mine, currently am entered to loot some profits Entered below Blue coloured Moving average its confirm sell Target is my escape zone green coloured support area because police are waiting for US. Shortby Thief_TraderUpdated 1
SILVER correction near but not here The silver chart is in a bullish mood, but we have approached a strong daily resistance. I think the price will test this level and bounce down from there.by traderstube2
XAGUSD(SILVER) with huge potential for big move up.XAGUSD have huge potential to go up. When price broke first trendline and made correction and retest - it was a wave 2. Then we had another impulse wave and correction as wave 2 in bigger wave 3. So in my opinion price is now making wave 3 in bigger wave 3 and it should be the biggest and the strongest wave in all trend.Longby MarcinAndraka1
SILVER SELLERS WILL DOMINATE THE MARKET|SHORT Hello,Friends! The BB upper band is nearby so SILVER is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 23.749. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 112
silver daily best level to buy/hold 20% gains🔸Hello traders, today let's review day/candle price chart for spot silver. strong recovery in progress currently, limited downside and bulls maintain strategic advantage. 🔸V-shape recovery in progress, also potential bullish IHS setup (required confirmation). right now we triggered mild overhead resistance near 25 usd and therefore expecting short-term pullback before further upside. 🔸Recommended strategy for silver bulls: wait for pullback from overhead resistance and be ready to reload on buy side near 23.10/23.50, stop loss fixed at 22.50. TP1 25.50 TP2 27.75 +20% gains / buy / hold setup for patient traders only. good luck! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.Longby ProjectSyndicate53