SILVER flying to the moon? wait a minute (read). 22/May/24XAGUSD probably facing long term resistance at 48.88 +/- and dropping 61.54% +/- before taking off to the moon..by SteveTan2210
SILVER Potential Long! Buy! Hello,Traders! SILVER is going down To retest a strong key Level around 29.6$ Which is now a support And from where we will Be expecting a local Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals334
SILVER-SELL strategy Daily chartNo change in view. I feel we are on the way to $ 28/oz. as corrective actions are setting in. The stochastic is now negative, but noting we may see a slightly reprieve before the down move continues. Strategy SELL @ 30.90-31.20 and take profit @ $ 28.57 for now. SL depends to risk appetite. Shortby peterbokma227
XAGUSD - Wait for BreakoutThis is my opinion on XAGUSD, the price is more likely to break out to the downside.by Integrity_GoldFX112
XAGUSD - SHORTXAGUSD - SHORT Look for sell setups and risk small. always use SL xagusd should drop or give a big correction for one more up. V.RaguShortby Ragunath-London4412
SILVER - The Perfect Impulsive WaveSilver is showing us a perfect impulsive wave in accordance to Elliott Wave Theory. The basic principle of an impulse wave is as follows: Impulse waves = 5 waves Wave 1 - is made up of 5 subwaves (impulse) Wave 2 - Is a corrective wave made up of 3 waves (correction) Wave 3 - is another impulse wave made up of 5 subwaves (impulse) Wave 4 - is a corrective wave made up of 3 waves (correction) Wave 5 - Can be either an impulse or a correction - But its made up of 5 waves We are looking for wave 4 now, which is a correction. Anticipating price to come down to the buy zone. The closer we get to the invalidation level, the better as we don't expect price to break below it. Trade Idea: - Watch for wave 4 correction to form. This wave can be traded. Look for reversal signs on lower timeframe - Once we're in buy zone, watch for bullish price action and reversal patterns - Once entered, stops go below invalidation level - Targets: 32, 34.5, taper Goodluck and as always, trade safe!by WicktatorFX83
silver head n shoulders 15 min!Expect a bull market in the silver Since things are getting crazy. People want substance. See my other chart on wartime silver silver then and now. Longby NobuenoUpdated 2
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
SILVER LONG TO $34-$36 (UPDATE)🚀Look at the green zone where we closed out partial profits of £18,300 in profit. Since then Silver has dropped quite a bit, taking out late buyers. This retracement to the downside, will be your chance to buy more Silver at a cheaper price. £18,300 profit secured for our bigger Gold Fund investors. Now we're sitting & being patient for higher Silver prices! Patience really does pay! Longby BA_Investments116
Silver FailSilver failed hard today, had a small short term position get wrecked. Still don't think it's over, but that pennant break the downside is rough. I'll be watching for a retest of the major trend line it broke for another long on it.Longby AdvancedPlaysUpdated 3
SILVER RELATIVE TO GOLD/SILVER RATIO - 3 possible deep correction. target price : 20.50$/oz. trade invalidation level : daily close above 33.00$/oz. good luck.Shortby VulcanoRossoUpdated 1111
Potential silver shark harmonic pattern Looking at potential longs for silver at the potential B point for tonight into the end of the week If it wicks and holds the green line that is my confirmation for longs ; can see accumulation into expansion into the C leg ideas where I’m looking to secure profits If it keeps pushing down below the green line then pattern is either invalidated or something just needing more data on Paytience pays Longby Onlypips4x113
The Silver bullrun coming to an end?Silver has printed very clear bullish Wolfe Waves on the weekly and monthly charts and it has reached the target of this wave pattern which also coincides with a hefty supply order block / resistance. Something to take into consideration.Shortby xcitedDelirium8
SILVERWith respect and appreciation for all the dear traders, I conducted an analysis of the silver market today and realized that, like gold, its price is on the rise and has now begun to correct. For this reason, we are looking to sell until the price reaches the specified order blocks. The chart provided is simple and clear, allowing for the determination of entry and exit points. Thank you for your presence and companionship. Smart money concept Liquidity currency hunterShortby fereydoon11993
Silver bouncing from supportIntraday Update: Silver hit the 30.20 key support and is bouncing from this major breakout level. While above the 30 level the risk is for a move back above 31.00.Longby ForexAnalytixPipczar4
Silver in daily chartHello everyone I have 2 scenario for gold and I guess That silver will achieve the first place among other precious metals very soon and lead all attentions to itself. For now it is struggling in a big range area from 2020 and so my bullish confirmation is whenever silver penetrate this purple channel and run away from this purple range zone to start its significant bullish journey. Do not forget that SILVER is the most useful metal for our future. Thanks by AMA_FXUpdated 2
SILVER Will Fall! Short! Here is our detailed technical review for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 31.547. Taking into consideration the structure & trend analysis, I believe that the market will reach 28.697 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 2212
Gold SilverSilver closest correlation to Gold - Lined up with all the time Intervals is 90% Identical Feel like I need one or two Negatively correlated pairs for added confluence.by Cb98_2
XAG/USD Hits Target, Eyes Support Amid Bearish PullbackHello Everyone, XAG/USD has hit our previous target of 31.8 and has since begun a bearish decline. Currently, the weekly and daily support levels are holding strong. For now, the strategy is to remain patient and observe where the price will establish support. The long-term outlook remains bullish. TradeWithTheTrend3344Longby TradeWithTheTrend33442
#Silver #XAGUSD the price range between $32.00 and $32.15 is a critical resistance zone where many sellers are positioned. This area also coincides with an important order block and a Quasimodo (QM) pattern. These factors suggest a strong likelihood of resistance and potential reversal at this level. Traders should watch this zone closely for signs of selling pressure and potential short opportunities.Shortby saminsalehi85Updated 2
Silver is in a very good price patternSilver has been in a downtrend for about 10 years. From 2020 until now, it has made a very good price pattern that has made silver a strong uptrend and I believe it will continue. 2025 it will be high. If you are planning to buy silver or already own it, you are doing the right thing. The same goes for gold. STRONG BUYLongby MoralDiscipleUpdated 12
Silver can easily and most likely will continue up to 35.4Silver 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. Past 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-HunterUpdated 6
XAGUSD. Weekly trading levels 20 - 24.05.2024Not much has changed on Silver. We were above 10 years ago; there is no data on volumes for such a period. If we go higher, we can clarify the levels in Daily publications. During 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_HobyUpdated 4