WILL SILVER TEST BELOW PREMIUM LINE BEFORE ANOTHER UPSIDE RALLY?Silver! N.B! - XAGUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #silver #xagusdLongby BullBearMkt2
POTENTIAL SHORT OPPORTUNITY SILVER (XAGUSD) SWING TRADEHey everyone hope you are having an amazing weekend so far and a blessed Sunday! I just wanted to get on here and do a post for a potential setup I see happening in the near foreseeable future and wanted to share with the Trading View community! So let's dive in! OK so when looking at Silver first thing off the bat is that Silver just came off a large run from around mid $27 per ounce to now sitting at $32 per ounce in prices obviously showing a pick up in demand as uncertainty around the US Dollar and it's future are in question I'm sure. But aside from the psychological side we can see that prices now are sitting at multi-month/ multi-year premiums and are showing us the buyers momentum is really slowing down as well. This is what caught my eyes for this commodity and the potential to short this commodity in the near term (next 2-6 weeks). Price is also sitting at a previous level of supply & giving us bearish divergence with the weekly & daily highs, hinting that we may potentially see some downside in the near future as well. With prices being at premiums and with the technical confluences it is giving it led me to think that the probability for the next move on Silver is going to be to the downside. Alright guys hope you enjoyed! If you did please boost this post and follow my page for more accurate analysis and potential trade setups! God bless!Shortby JosePipsUpdated 11
XAGUSD: Up, up and awayLooking for a trend continuation trade on silver. Entry at 31.46Longby 11021992Updated 2
Silver Price Target $35/ozFrom February to May of this year, Silver advanced along a classic Elliott Wave impulse, followed by an ABC correction. Now we are approaching the final phase of yet another Elliott Wave impulse higher, price target $35/ozLongby smartsilverstacker2
Rebound correction Silver. H4 09.10.2024Rebound correction Silver Silver made a reversal downwards, which I wrote about in the last post Now the price has approached the margin zone and local support 30.20 from which they can make correction upwards. However, I believe that the fall will continue to the strong support zone 28.06-28.86 and in this zone I will look for culmination and a buy signal. Also, silver is now trading in the past profile accumulation area and if there is no reaction up, it will confirm the thoughts of a deeper decline. CAPITALCOM:SILVER Shortby KovachTrader7
#SILVER: Risk Entry Vs Safe Entry! ! Dear Traders, The XAGUSD/SILVER price has declined since the normalization of Middle Eastern conflict tensions. These scenarios occur when fundamental pressure diminishes, resulting in market sell-offs, particularly for metals. While gold reached a multi-month low of 2607 before reversing, silver continues to decline. We anticipate a potential price reversal within two specific areas. Additionally, we have identified three potential reversal targets. Please conduct thorough research before making any decisions regarding silver. It is important to note that the price may reverse upon reaching the first target. Therefore, a well-defined plan is crucial when trading highly volatile market instruments. We wish you the best of luck in your endeavours.Longby Setupsfx_4444
SILVER: Local Correction Ahead! Buy! Welcome to our daily SILVER prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 30.71992$ Wish you good luck in trading to you all!Longby XauusdGoldForexSignals112
"Silver (XAG/USD) 4H Analysis: Potential ReversalSilver (XAG/USD) 4H Analysis: Potential Reversal at Key Resistance The price is currently at $30.50150, with a slight drop of 0.05% in this session. A clear downward trend is evident after a period of consolidation, and the price has approached a potential resistance zone between $31.65 and $31.84 This resistance area is marked by a yellow box with a red dashed line, indicating a possible reversal point where sellers may step in, as previously observed. The chart indicates a potential short trade setup, with the entry zone shown within the resistance area. The stop-loss would likely be placed above the $31.84 level (the top of the resistance box), while the target could extend down to around $30.26, aiming for a continuation of the downward trend. Shortby ranafahadanjum2
XAGUSD Long Trade SetupGoing long on Silver Entry: 30.83 Stop: 28.51 Targets: 32.93 & 35.27 Longby Trader_97Updated 0
Silver H4 | Potential bounce off swing-low supportSilver (XAG/USD) could fall towards a swing-low support and potentially bounce off this level to climb higher. Buy entry is at 30.05 which is a swing-low support. Stop loss is at 29.48 which is a level that lies underneath an overlap support and a 61.8% Fibonacci retracement level. Take profit is at 31.13 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long03:27by FXCM7
Slightly Bearish Bias Expected on XAGUSD today 09/10/2024.XAGUSD Analysis for 09/10/2024: Slightly Bearish Bias Expected In today's analysis of XAGUSD (silver to USD), the market appears to be leaning towards a slightly bearish bias based on the latest fundamental factors and current market conditions. As of 09/10/2024, several critical drivers are influencing the precious metal's price, suggesting that downside momentum could dominate the day. This article highlights the key reasons behind the potential bearish outlook for silver. Fundamental Factors Supporting Bearish Bias 1. Strengthening US Dollar One of the most significant factors weighing on XAGUSD today is the strengthening of the US Dollar. The US Dollar Index (DXY) has been rising, supported by robust US economic data and expectations that the Federal Reserve may continue its hawkish stance. A stronger USD typically puts pressure on commodities like silver, as it becomes more expensive for investors holding other currencies, leading to reduced demand. 2. Rising US Treasury Yields Alongside the stronger US Dollar, US Treasury yields have been climbing, reflecting investor expectations for continued high interest rates. Higher yields tend to increase the opportunity cost of holding non-yielding assets like silver, leading to selling pressure in the silver market. 3. Weakening Global Demand for Safe-Haven Assets Silver, like gold, often benefits from its status as a safe-haven asset in times of uncertainty. However, recent improvements in global risk sentiment have reduced the demand for such assets. The relatively calm geopolitical landscape and better-than-expected economic data from key regions like the US and China have shifted investor attention away from safe havens, contributing to the bearish outlook for silver. Technical Outlook for XAGUSD on 09/10/2024 - Support and Resistance Levels XAGUSD is currently facing resistance around the $23.00 level, with key support lying near the $22.50 level. A break below the $22.50 support could trigger further downside momentum, reinforcing the slightly bearish bias for today. - Moving Averages The 50-day Moving Average (MA) has turned slightly downward, indicating bearish momentum. Additionally, the Relative Strength Index (RSI) is trending lower but still above the oversold territory, suggesting that there is room for further downside before a potential rebound. Impact of Market Sentiment and Commodity Outlook - Commodity Price Pressure Commodities, in general, have been under pressure as global growth concerns and rising interest rates weigh on demand. Silver, being both an industrial and precious metal, is particularly sensitive to changes in economic outlooks. If growth expectations continue to moderate, it could limit the industrial demand for silver, further pushing prices lower. - Geopolitical Stability The relatively stable geopolitical environment has also played a role in reducing demand for silver as a hedge against uncertainty. Unless new tensions emerge, this stability could continue to weigh on safe-haven demand. Conclusion In summary, the outlook for XAGUSD today, 09/10/2024, appears to be slightly bearish. A combination of factors, including a stronger US Dollar, rising US Treasury yields, and lower demand for safe-haven assets, are all contributing to downward pressure on silver prices. From a technical perspective, the metal is facing resistance at $23.00, and a break below $22.50 could open the door to further losses. Traders should monitor key support levels and consider potential short positions if silver continues to trade under pressure. However, it's essential to remain cautious and watch for any sudden shifts in market sentiment or global events that could alter this outlook. --- Keywords for SEO: XAGUSD analysis, silver price forecast, XAGUSD bearish bias, US Dollar strength, rising US Treasury yields, safe-haven demand, silver technical analysis, support and resistance levels, XAGUSD 09/10/2024, precious metals market outlook, silver trend, XAGUSD trend, forex trading, commodity market analysis, silver to USD, XAGUSD trading strategy, forex forecast, trading silver today.Shortby PERFECT_MFG2
XAGUSD Intraday Trading/ 9th Oct 2024/ MCX1D: s3.tradingview.com 4H: s3.tradingview.com I follow photon strategy. Above idea is just to understand the possibilities what may happen. Not a Buy/Sell recommendation. Please go through annotation. Please do your own analysis. by ganeshmudhun1
Silver's Potential Rebound: Inverse Head and Shoulders in Play?The short-term outlook for silver bulls isn't very encouraging. However, taking a broader view, silver might be forming an inverse head and shoulders pattern. A decline to the $29-$30 range could mark the formation of the right shoulder. For the pattern to confirm, prices would need to break above $32.38, which could then suggest a potential move to $38.45. What do you think about silver's prospects? Share your thoughts in the comments. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.Longby ThinkMarkets1116
XAGUSD H4 | Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 31.12, which is a pullback resistance and a 38.20% Fibonacci retracement. Our take profit will be at 30.13, an overlap support level. The stop loss will be at 31.79, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Shortby FXCM4
SILVER Will Go UP! Buy! Hello,Traders! SILVER price dropped Today but then it came Close to retesting the Horizontal support below At 30.00$ and we are Already seeing a bullish Reaction so as we are Bullish biased we will be Expecting a further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too! Longby TopTradingSignals119
XAGUSDSILVER did it based on the structure saw the same pattern from gold, liquidity is needed for upswing's expect more drop for sliver based on the structure,00:32by Shavyfxhub0
Silver forecast ... 09.10.2021Precious metals is at buying position. Resistance at $31.00 is closing the path towards the $3.40 high. Supports at $30.50 and $30.20.Longby CTA_tradesmart0
XAGUSD - market structure this is an analysis using the market structure, I simply use the concept of movement in Z (waves) of the price. A simple analysis will always be more efficient and much easier to understand and respect. Follow the established strategy and trading plan to have realistic resultsShortby KronFX0
XAGUSD Buy opportunity near the 1day MA50.Silver / XAGUSD is approachint the 1day MA50, being on a Channel Up since the August 8th low. The long term pattern is also bullish, an uptrend on a Rising Support, exactly where the 1day MA200 is. Technically the 1day MA50 is the first buy entry of this pattern and the Rising Support the second. The 1day RSI suggests that based on the March 26th 2024 fractal, we won't need the Rising Support yet. Buy and target the 1.382 Fibonacci (35.000). Follow us, like the idea and leave a comment below!!Longby TheCryptagon3
XAGUSD(Y) correction may have begun. We want to see a movement like in the figure and it is very likely to complete it as a Zig -Zag. At first, of course, the level we will follow will be 26.441, but we will follow 24.774 and then 22.650 levels. However, we need to avoid a bear trap at 26.441. Because this count is 1 hour. I see the possibility of accumulation more likely. I will stay short for now, if you look at the previous analysis you can understand better. Shortby onurkurtuldu1
$silverI will try to long silver, soon! i think its a good place and r/r the trend is up so why not?Longby zhutzy2_01
$Silvereither we reclaim blue line above or so a sweep of yellow line below could wick deeper to test the breakout area as long as the weekly closes above yellow line we're golden fomo will kick in on this breakout or flip of yellow line above so keep stacking Longby CompoundingGain1
XAGUSD VIew!!The dollar eased from near seven-week highs on Tuesday, while investors awaited minutes of the Federal Reserve's latest policy meeting, due on Wednesday, and more economic data for insights on the U.S. interest rate outlook. Israel's military said on Tuesday it had begun ground operations in southwest Lebanon, expanding its incursions to a new zone a year after exchanges of fire began with armed group Hezbollah and amid pleas by the U.N. for a diplomatic solution.by FXBANkthe80550