XAGUSDXAG/USD is how silver is labeled for spot trading on the foreign exchange market. Silver (XAG) is traded against the US dollar (USD), so its price shows how much one ounce of silver is worth in USD.Longby HavalMamar1
SILVER (XAGUSD): Massive Breakout 🪙 Silver went up rapidly on Friday, violating a massive psychological resistance cluster. With a high probability, the broken structure turned into support. The market has a nice potential to go higher after a pullback. Next resistance - 34.0 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader1112
XAGUSDPair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Consolidation Phaseby ForexDetective3
$SILVER IH&S ConfirmedThe $34.55/oz line will really be insane when we cross it- and we're painting a bull flag on the 4hr that goes right past it to $35/oz, which puts us at prices not seen since 2012 Near term, bulls appear to be winning through sell wallsLongby httpzUpdated 4
Silver vs Spx QuarterlyThere is no reason to fomo into #gold, #silver or the #miners. The true move has not even started yet. Still very early.by Badcharts7
SILVER Massive Bullish Breakout! Buy! Hello,Traders! SILVER keeps growing And it made a massive Bullish breakout of the Key horizontal level Of 30.00$ and the Breakout is confirmed So we will be expecting A further bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too! Longby TopTradingSignals112
SILVER - near supporting area? holding or not ??#SILVER.. it was perfect move as per our expectations, and now market near to his weekly supporting area, that is 31.10 to 31.15 around, keep close that area because it will play key role for next move to any side. dont be lazy here guys, good luck trade wiselyby AdilHussain731333Updated 2
SILVER - A Money Doubling Pocket in the Long Term ~ 2 years Silver has broken out of a 4 year old resistance and it has a potential of about 100% ROI in the long term to touch it's all time high. RSI, Momentum and Trend intact and as the consolidation breakout is after 4 years, the price move would be significant, expecting a minimum 30-50% ROI. I would consider Silver Bees to invest.Longby RugminikUpdated 2210
Strifor || SILVER-17/05/2024Preferred direction: BUY Comment: The previous long trade in silver was successfully closed at take profit, but we continue to actively adhere to short-term buy priority. Current prices are perfect for this and one can safely consider purchases with a goal of at least level 31 (scenario №1). In the event of a sharp change in market sentiment, one can consider entering a long position as part of a re-test of the level 29.77800 (scenario №2). 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 113
Double Top on XAG/USD @ D1This double top pattern has formed on the daily chart of the XAG/USD pair (Silver) following a rather long bullish trend. It can be used as a downside breakout setup. The two tops are marked with the upper yellow line; the neckline is marked with the lower yellow line. My potential entry level is at the cyan line (10% of the pattern's height below the neckline). My potential take-profit level is at the green line (100% of the pattern's height below the neckline). My potential stop-loss is not shown on the chart and will be set to the high of the breakout candle or to the high of the preceding candle if the breakout one trades mostly outside the pattern's borders. I won't be trading a bullish breakout from this trend-reversal pattern. Shortby AndriyMoraru0
XAGUSD. Weekly trading levels 3 - 7.06.2024During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me!by Forex_Hoby0
xagusd analysis Simple price action analysis OANDA:XAGUSD kindly try to find trade accordingly by Mohitsoni080
Does silver correct? Hello my dears We are at your service with silver analysis. In the drawn diagram, we considered 3 goals that there is a possibility of seeing these goals in the future. There are 9 black dotted lines that are placed as resistance in the way of candles. We want to check the reaction of silver price when reaching these diagonal resistance levels. If you like my analysis, support me with likes and comments. thank youShortby hamidreza_FX112
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
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 Buy SignalOn the 1-hour timeframe, buying begins, marking the end of the downtrend. The first sign of upward movement is observed. The price revisits the previous low with low volume but is unable to break lower, indicating selling pressure is absorbed by buyers. There is evidence of buyer accumulation for an upward movement, and smart money starts to buy at low prices. Signs of strength emerge as demand outweighs supply. I am waiting for the price to go back to 30.678 for candlestick confirmation for my entry. Entry: 30.678 Take Profit: 32.108 Stop Loss: 30.219Longby richard9250
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 $120Longby SqueaksUofA0
I still keep bullish bias as we rejected BPR. Longs until 35.41Silver has finally broken up multiyear highs and it's set for the continuation higher in its upper band of the channel. If we get a decent retest for the weekly inverted FVG and its BPR. It will be a great entry. Previous analysis Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Longby Dave-FX-Hunter1
Silver is about to rally hard. Just look to history.Its simple really. If the silver/stocks ratio breaks out, in combination with a breakdown of the gold silver ratio, money inflows from both stocks and precious metals investors flows into silver. The last time this happened, lead to a strong silver rally. At the moment, we just need to wait for the gold/silver ratio to breakdown below the green line, then its off to the races for silver. Longby WinstonWolfe0
Buying Silver at 22$ 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
BUY IDEA XAG/USDWe can expect to have good reactions in the direction of buying in the specified support areasLongby Ali-Rezaei-FX0