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Xagusdlong

#XAGUSD: 2nd Entry Possible, big trade coming! Dear Traders, At the beginning of the week and the first hour of trading of Monday, gold and silver price sky rocketed. The reason is many institutional traders took the price high to take their profit out as we approaches the year end. The second thing is the fear that FED will increase the interest rate that means dollar will collapse ultimately this fear led pre session market sentiment to go all in. Moving forward we expect price to fill the liquidity voided area and once filled. Price can continue the drop. Thanks in advance and good luck.
OANDA:XAGUSDLong
by Setupsfx_
2
SILVER → Remains on track to conquer $25.00OANDA:XAGUSD enters a bullish consolidation phase and oscillates in a narrow trading band just above mid-$24.00s through the first half of the European session on Tuesday. The white metal, however, remains well within the striking distance of a near three-month high touched on Monday and seems poised to prolong its recent strong appreciating move witnessed over the past two weeks or so. From a technical perspective, the recent breakout through the 200-day Simple Moving Average (SMA) and a subsequent strength beyond the $24.00 round figure was seen as a fresh trigger for bullish traders. Furthermore, oscillators on the daily chart are holding comfortably in the positive territory and are still far from being in the overbought zone, validating the near-term positive outlook for the XAG/USD. Hence, any meaningful downside might still be seen as a buying opportunity near the aforementioned resistance breakpoint now turned support near the $24.00 mark. This should help limit the downside for the XAG/USD near the 200-day SMA, currently pegged near the $23.35-$23.30 region. That said, a convincing break below might prompt some technical selling and pave the way for some meaningful downside. The XAG/USD, meanwhile, still seems poised to make a fresh attempt to conquer the $25.00 psychological mark. The next relevant hurdle is pegged near the $25.25 region, or the YTD peak touched in May, which if cleared decisively will reaffirm the bullish bias. The white metal might then accelerate the positive momentum towards reclaiming the $26.00 round figure for the first time since April 2022.
OANDA:XAGUSDLong
by tradingconmike
1
XAG/USD on the Rise, Sustaining Upward Momentum Silver prices saw a 0.91% increase on Thursday amid low trading volumes as the Asia-Pacific trading session commenced, holding steady around $23.82. There was little change in the early Friday session as markets in Japan and the United States resumed activities following a break. The daily chart for silver illustrates the gray metal's trend as neutral to slightly bullish, remaining close to the weekly high, potentially paving the way for a test of the $24.00 mark. After overcoming a previous hurdle, the next resistance lies at the highest point on June 9, reaching $24.52 before XAG/USD advances to $25.00. Achieving this milestone would solidify the upward trend, marking the highest point year-to-date at $26.12. Conversely, a decline below the November 23rd low of $23.60 may initiate a test of the 200-day moving average (DMA) at $23.32. If sellers push the price below that level, XAG/USD could shift towards a neutral downtrend, indicating the 20-DMA at $23.13, followed by the 50-DMA at $22.75. This potential downward movement signals a cautious market sentiment and warrants careful monitoring in the coming sessions.
TVC:SILVER
by Larissa-Trader
XAG/USD Maintains Uptrend, Buyers Target $24.00Silver prices increased by 0.91% on Thursday, trading around $23.82 as the Asia-Pacific trading session commenced on Friday. The daily chart indicates a neutral to bullish trend, maintaining near weekly highs, setting the stage for a potential test of the $24.00 level. Once surpassed, the next resistance lies at the June 9th high of $24.52 before potentially reaching $25.00. Breaking through these levels would solidify the upward trend, marking the highest point year-to-date (YTD) at $26.12. On the downside, if XAG/USD drops below the November 23rd low of $23.60, it may test the 200-day Moving Average (DMA) at $23.32. Further decline could lead to a neutral to bearish trend, with the 20-DMA at $23.13 and the 50-DMA at $22.75 as potential support levels.
TVC:SILVER
by Larissa-Trader
1
SILVER 4H : After correction trying to rise upSILVER New forecast The price perfectly fulfills my last idea . The price of silver fluctuates with slight negativity to approach the pivotal support 22.23, and it rebounds from it and will settle above the resistance 22.50, waiting to stimulate the price to resume the expected upward trend for the coming period, whose next target is at 22.88 and 23.35. Therefore, the positive scenario will remain in place, supported by the moving average 50, keeping in mind that breaking 22.23 will nullify the positive combination that supports the proposed upward trend and put pressure on the price to decline again. The expect range trading for today it will be between resistance line 22.88 and support line 22.23 until stabilized Additionally ,Today News will affect the market . support line : 22.50 , 22.23 resistance line : 22.88 , 23.35 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAGUSDLong
by Arazmajeed
4
Silver(XAGUSD) - Elliott Wave CountSilver(XAGUSD) - Elliott Wave Count this is one of the possible expected moves... pls trade with caution as the count may not be reliable. Silver - It appears that the correction wave A has been completed in the market and is expected to increase towards the Wave B target. However, the price may then decline towards Wave 2. It is important to note that if the price breaks above Wave 5, this means that the correction of ABC has already been completed, as indicated in the wxy, and is expected to advance further. Please exercise caution when trading as this information is for educational purposes only. TVC:SILVER MCX:SILVER1! CAPITALCOM:SILVER ACTIVTRADES:SILVER FOREXCOM:XAGUSD_PER0.1 OANDA:XAGUSD FOREXCOM:XAGUSD
FX:XAGUSDLong
by Treda_pro
SILVER BULLISH DOUBLE BOTTOM FORMED Hello traders so XAGUSD Formed a Classic bullish reversal pattern the double bottom so we might expect a bullish reaction. OUR BULLISH CLUES : -the price formed a double bottom on a key support level (M30-M15 TF) -RSI BULLISH DIVERGENCE the breakout and retest of the neckline will be our confirmation . leave a like and follow if you found this helpful i post weekly setups and signals on my tradingview . this is not financial advice just my humble opinion.
OANDA:XAGUSDLong
by xAB777