Silver Short Term Sell IdeaH4 - Bearish trend pattern
Strong bearish momentum
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
XAGUSD trade ideas
Bearish drop?The Silver (XAG/USD) is reacting off the pivot which has been identified as an overlap support and could drop to the 1st support which is also an overlap support.
Pivot: 30.09
1st Support: 29.13
1st Resistance: 30.93
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Bottom on 4h for Silver
here we are with thebottom of silver on hour charts , what do you think guys??
Trade idea - XAGUSD Long4H
Bullish M pattern can potentially play out.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
Market moving in Bull Flag formation towards entry zone.
More clear from a 1H perspective:
= Confirmation to place Buy limit.
1.5% risk.
XAGUSDGetting ready to long the heck out of Silver soon . Looking for a price of 29.46 (Oanda) to start buying .
XAGUSD 5000PIPSIdentify Major Trend:
Long-term Technical Analysis: Review weekly or monthly charts to identify key support and resistance levels, as well as the overall trend. Silver tends to follow large cycles, so confirming a trend alignment in the right direction (bullish or bearish) is crucial.
Technical Indicators: Use indicators such as the moving averages (50, 100, 200-day), RSI, and MACD to confirm the strength of the trend. Look for converging signals that align with your target direction.
Set Entry Point:
Fundamental News: Keep an eye on key economic indicators and news events that impact silver prices, like U.S. dollar movements, interest rates, and geopolitical events.
Precise Technical Entry: Wait for a breakout from a key resistance or support level on shorter timeframes to enter in alignment with the long-term trend. Confirm entries with candlestick patterns, trendline breaks, or key price reversals on the daily or weekly charts.
XAGUSD LONGMetals dipped in the last weeks due to profits being taken and moved into #Bitcoin. Now we see Bitcoin Local topping out at $93,478 USD *Bitstamp* now that profits are being take on its journey from $35,000 just 365 days ago. Now we will see Metals rise again on this end of year cycle.
XAGUSD SC4M
BM
W
BM
IC on the Monthly zone
hedge to the H&S
D
BM
Fib completion -27 with descending channel
Impuls and correction
100-zone
4H
Inv H&S
with a break and S&D in the head
We can see that bulls are active
Silver Approaching Key Resistance at 30.90 We’re seeing Silver pushing up toward the 30.90 mark, which was a strong support level before. Now, given the bearish overall trend, this level is likely to act as resistance. If price gets close and sellers step in, there’s a good chance we’ll see a reversal back down from here. It’s worth watching for any clear signs of rejection at that area because it could signal that the bears are still in control.
Silver ALWAYS disapointsSome huge pain is coming for ALL markets, but silver will be the leader per usual.
Silver a long term gem!
Silver may rise to new heights in the coming years due to its dual role as both an industrial metal and a safe-haven asset, with increasing demand fueled by its critical use in renewable energy technologies like solar panels and electric vehicles, potential supply constraints, and heightened investor interest amid economic uncertainty and inflationary pressures; additionally, the giant cup and handle pattern shaping up on long-term charts suggests a significant technical breakout could propel prices to record levels if resistance at historical highs is surpassed.
Silver trade to run back upwards, for now.
A lot of contraction/squeeze on Gold and Silver price at these levels.
I think I counted 12% correction, it happened quickly.
Not a great deal of momentum as you would expect at the turnaround and the USD over 106.
Will look for a proper entry to go long.
XAGUSD / TRADING UNDER DOWNWARD PRESSURE / 4HXAGUSD / 4H TIME FRAME
HELLO TRADERS
Overall Trend , The prices are currently under downward pressure, suggesting that the market is in a bearish phase until a breakout occurs from the current trading channel.
Demand Zone , The asset is attempting to reach a demand zone, which is between 30.27 and 30.01. If the price stays above this range, it is expected to rise toward the supply line at 32.03.
If the price stabilizes above the demand zone, there is a potential for upward movement toward the supply zone, which lies between 32.55 and 32.92. This suggests a possible reversal or rally in price.
Conversely, if the price breaks and stays below the demand zone, it indicates a further downward movement, with the next target being the FVG (Fair Value Gap) area, between 29.71 and 29.16. This would suggest that the market is under significant bearish pressure.
Supply Zone , The overall sentiment remains bearish until the price moves above the supply zone (between 32.55 and 32.92). As long as the price is trading below this range, downward pressure is expected to persist.
SILVER: Local Correction Ahead! Buy!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 31.23713$
Wish you good luck in trading to you all!
SILVER: First green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day ✅
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump
Dump&Pump ✅
Frontside ✅
Backside
4. THESIS:
Long: This is currently my primary view, Monday placed the opening range of the week, dumping down into the previous LOW, closing as well out of balance. Tuesday consolidated below the LOW, until it started breaking higher at the end of the day, placing a peak formation low in Asia session of Wed, which printed as well a higher high into the Tue high of day. Potentially this market is staring now the frontside move, and in this specific moment, the low of Asia, or closing price are the level I will be looking for a buy low, if a setup is presented after 8:30am CPI news release.
Short: I'm not really interested at the moment in shorting this market, however, the current high of Asia can be a level of reaction for a short scalp
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
SILVER (XAGUSD): Important Resistance Ahead! Your PlanSILVER is currently testing a significant area where a daily horizontal resistance meets a descending trend line. Depending on how the price reacts to this zone, there are two possible scenarios.
In a bearish scenario, traders should look for a 4-hour candle to close below the resistance level on a 4-hour timeframe before selling the market. If an engulfing candle forms and closes below 30.65, a bearish trend towards the 30.00 psychological level is anticipated.
On the other hand, in a bullish scenario, watch an inverted head and shoulders pattern on a 1H time frame.
30.92 is its neckline.a breakout above the highlighted blue area and an hourly candle closing above it would signal a strong bullish move with potential for further upward movement.
Important fundamental news expected today could act as a catalyst for a breakout in either direction.
XAGUSD updateSilver has formed a descending trend line and broke it so now we can expect this pair to retest the blue upper trendline on the higher timeframe so we can enter a buy position now and once he reject the high trend we can close our buy and enter a sell trade
Follow us for more update
Safe trading
Silver - Bullish IdeaThe metal took a long beating from 34$ to 30$ and was in douwntrend, but now it have started to show sign of bullishness. The metal is about to broke it long term downtrend line after encountering good support zone of daily and a bullish divergence on RSI. The metal needs to be watched carefully and entry can be taken only once it break the it LH @ $32.
SilverStill looking for that long term buy on silver, took a number of losing positions on this trade, as you can see, but we still sticking to our trading plan and waiting for that trade to eventually take off, please exercise caution when trading low risk trades as usual. see previous idea below and reason for the push up
30-mins Silver: Prices Pushing HigherThe Golden Cross pattern, where the 20-day moving average (MA) crosses above the 60-day MA, is a classic bullish signal, indicating a potential shift towards upward momentum and increased buying interest. Currently, the price is undergoing a pullback, testing the region near the 23% Fibonacci retracement level, which often acts as an initial support. However, this correction might not be sufficient for strong buyers. Many traders may look for a deeper retracement for better entry points, particularly around the $30.70 level, aligning with the 38% Fibonacci retracement, or even further down at $30.60, near the 50% Fib level, which could provide a stronger foundation for a rebound. This strategic patience allows for improved risk management and potential for higher returns.
Silver could have found its bottomSilver has also experienced a sharp decline, falling nearly 5,000 pips from its recent multi-year high around $35.
However, unlike OANDA:XAUUSD , we saw a reversal pattern in OANDA:XAGUSD yesterday with a Pin Bar that aligns well with technical support just above the psychological level of $30.
As I’ve mentioned before, Silver often serves as a leading indicator for Gold, especially at market turning points.
For example, even when gold recently reached its all-time high, Silver failed to reach a new high and instead formed a lower high, signaling the potential for a decline.
Looking specifically at XAG/USD's technical indicators, the price held firmly at horizontal support and reversed yesterday, forming a strong Pin Bar on the daily chart.
I remain bullish on Silver as long as yesterday’s low remains intact, and I’ll be looking to buy on dips.
XAGUSD. Trading opportunityHello traders and investors!
Let's look for trading opportunities in silver.
Daily Timeframe (TF)
On the daily TF, the price has formed a range (sideways movement) that began in April. The upper boundary is at 32.5185, and the lower boundary is at 26.0185. The buyer's vector from point 8 to 9 has hit its target of 31.755 and successfully broke above the upper boundary of the range. However, the seller returned the price back into the range. The current vector of the seller is from point 9 to 10, with a potential target of 26.471.
We are now seeing an attempt by buyers to reverse the price upwards. The price came close but didn't quite reach 30.12, the start of the last sub-impulse of the buyer on the daily TF, which is likely to attract the price. It's better to look for selling opportunities on the daily TF from the seller’s defense of the key seller's candle (highest volume) when the price returns to the range. This level is at 32.16.
Hourly Timeframe (TF)
On the hourly TF, there is a long trend following accumulation in a range. The defense level of the breakout from the range is 30.6445. Locally, it is possible to look for buy opportunities from the buyer’s defense zone between 30.84475 and 30.821. Targets should be set nearby, such as the local high. It's possible the buyer could reach up to 32.16.
Good luck with your trading and investments!
