Silver long resultssilver long targets 1 2 3 Done 236% lev x 100 47% lev x 20 congratulations followers not only did we make up for our -72% loss on gold but we added a big profitLongby RODDYTRADING0
Bearish OutlookThe white metal tested the upside highs, but failed to continue up. I anticipate a potential drop due to the failed bullish continuation.Shortby Two4One4Updated 0
silver long resultssilver long targets 1 2 3 done 153% levx 100 30% levx 20 Congratulations followers Trading is not easy, there are difficult times too. However, with a lot of courage and strategies, we always end up coping with these bad moments. Don't be afraid to hit stop losses, there is no shame in hitting stop losses. fame doesn't make you a bad trader. Even a good trader does not win all of his trades, but he wins more than 75% of them or at least he remains positive or stable in his wallet.Longby RODDYTRADING1
SILVER: Strong Bullish Bias! 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 32.50309$ Wish you good luck in trading to you all!Longby XauusdGoldForexSignals223
Gold, Silver, AND SpxThe key to $10000 gold and $100 silver is in this chart. Something, much bigger is around the corner. Much bigger. #gold #silverby Badcharts11
Bullish setup for SILVER XAGUSDAfter correction ABC we expected 1 2 3 4 5 formation we trade wave 3 and 5Longby Ninjia_Kitty112
Currency pair XAGUSDThe direction of the BUY trend movement. The target level is 33.00000. SELL direction only in case of structure breakdown and consolidation under the level of 31.50000. The target for the movement is 30.50000 Longby alexandrsvk1
EURUSD currency pair forecastCurrent Sell direction. The price goes to the level of 1.07799. Buy direction is possible only if the structure is broken and consolidation above the level of 1.08480.Shortby alexandrsvk112
XAGUSD One of the best investments you can make for 2025.Silver (XAGUSD) has successfully followed up the May - August 2024 Bull Flag with a green September 1M candle that recovered all loses. Having broken above its Resistance, the trend looks more bullish than ever, especially on the hyper long-term 1M time-frame. We can view the whole sequence since 2021 as a Cup and Handle (C&H) pattern. Interestingly enough, this is not the first time we see a similar pattern historically. Based on the 1M RSI fractal, we can see similar Arc patterns formed in 2008/09, 2000/03 and even 1974/78. All of them rose to the 2.0 Fibonacci extension level from the Cup's top. On the current pattern at hand, the 2.0 Fib is a little higher than 50.000. Keeping in mind that the new Cycle of Rate cutting has already started by the Fed, buying a stable asset such as Silver under this economic environment, is perhaps one of the best investments we can make for 2025. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot2223
XAGUSD Outlook: Slight Bearish Bias on October 18, 2024Key Drivers Behind the Bearish Sentiment on Silver (XAGUSD) Silver (XAGUSD) is showing a slight bearish bias on October 18, 2024, influenced by a combination of fundamental factors and current market conditions. As traders and investors monitor the fluctuating economic landscape, several key drivers are contributing to the downside momentum in XAGUSD today. Let’s explore the factors pushing silver prices lower and what to watch in the coming sessions. 1. Stronger US Dollar (USD) A stronger US Dollar is one of the most significant headwinds for silver prices today. The USD index (DXY) continues to gain strength, primarily due to hawkish signals from the Federal Reserve. With inflationary pressures still present and the Fed remaining committed to tightening monetary policy, the dollar is seeing consistent demand. As silver is priced in USD, a stronger greenback increases the cost for buyers in other currencies, pushing XAGUSD lower. 2. Rising US Treasury Yields US Treasury yields have been climbing as the bond market adjusts to expectations of continued Fed rate hikes or at least a longer period of elevated rates. The 10-year Treasury yield has been edging higher, which typically signals reduced appeal for non-yielding assets like silver. Investors tend to move towards assets that offer returns, making precious metals less attractive during periods of rising yields. 3. Lack of Safe-Haven Demand Another key driver impacting XAGUSD is the reduced demand for safe-haven assets. In times of geopolitical tension or economic uncertainty, investors often flock to silver and gold as protection against market volatility. However, as global equity markets show relative stability and no significant macroeconomic shocks loom on the horizon, the demand for silver as a safe-haven is lower today. This lack of buying pressure contributes to the slight bearish bias in XAGUSD. 4. Weaker Industrial Demand for Silver Silver is not only a precious metal but also an industrial metal. The recent decline in industrial output data from key economies, especially China, has weighed on the industrial demand for silver. China, being one of the largest consumers of silver for its manufacturing sector, has posted weaker-than-expected economic growth. This slowdown in manufacturing activity limits demand for silver, further pressuring prices lower. 5. Technical Analysis: Silver Below Key Resistance Levels From a technical perspective, XAGUSD is trading below critical resistance levels around $22.00. The failure to break above this resistance has triggered selling pressure, and traders are now eyeing support near $21.50. The RSI (Relative Strength Index) shows a neutral to bearish sentiment, further confirming the slight downward momentum for silver today. Conclusion: XAGUSD Faces Bearish Bias Today With a stronger USD, rising Treasury yields, and weaker industrial demand from major economies like China, silver prices are expected to remain under pressure. While a sharp downturn in XAGUSD is not expected, the overall bias for today points towards a slightly bearish outlook. Traders should watch key support levels closely and monitor any changes in macroeconomic data or Federal Reserve commentary that could shift the dynamics for silver. SEO Keywords: XAGUSD, silver price analysis, silver market outlook, XAGUSD forecast, silver trading strategy, October 18 2024 XAGUSD, precious metals trading, bearish silver outlook, USD impact on silver, silver and US Treasury yields, XAGUSD technical analysis, silver industrial demand, silver price forecast.Shortby PERFECT_MFG0
Buy silver blah blah blah support zone Bullish priceAction Supertrend buy Peak.ex4 Oversold MacD Longby theAlchemist4x0
Buy silver blah blah blah support zone Bullish priceAction Supertrend buy Peak.ex4 Oversold MacD Longby theAlchemist4x0
gold short result silver long resultsgold short stop hit sorry silver long targets 1 2 done 109% lev x 100 as planned to make up for the loss on gold this was done congratulations follower Trading is not easy, there are difficult times too. However, with a lot of courage and strategies, we always end up coping with these bad moments. Don't be afraid to hit stop losses, there is no shame in hitting stop losses. fame doesn't make you a bad trader. Even a good trader does not win all of his trades, but he wins more than 75% of them or at least he remains positive or stable in his wallet.Longby RODDYTRADING0
XAGUSD buy setupIf xagusd breaks Trendline and candle closes above it than buy directly with tps given on chart as yellow horizontal rays. Sl below the candle which closes above Trendline Longby Ats9Updated 2
Potential bullish rise for Silver?The price has reacted off the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could rise from this level to our take profit. Entry: 31.51 Why we like it: There is an overlap support level that aligns with the 50% Fibonacci retracement. Stop loss: 30.97 Why we like it: There is a pullback support level that aligns with the 61.8% Fibonacci retracement. Take profit: 32.26 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.Longby VantageMarkets6
SILVER: Move Down Expected! Sell! 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 downside. So we are locally bearish biased and the target for the short trade is 31.51115$ Wish you good luck in trading to you all!Shortby XauusdGoldForexSignals111
SILVER price shorting in Asian trade Thursday Gold and Silver price(s) are above their 200 period moving averages and their continued uptrend seems reasonable to happen in the short to perhaps medium term, before a pullback correction kicks-into-gear for the precious metals. So far during Thursday and as the London session begins around this time, Gold is up about 0.3% and Silver is down about -0.3%, so due to this divergence in price I took a Long in XAGUSD. It's only a 1:1 trade. Longby Easy_Explosive_TradingUpdated 1
silver longsilver long gold is going badly we will try to compensate Please don't be greedy ENTRY : yellow point TP : blue lines SL : below red line for LONG position above red line for SHORT position INSTRUCTIONS: For risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20Longby RODDYTRADING0
Slight Bearish Bias Expected on XAGUSD in 17/10/2024XAGUSD: Slight Bearish Bias Expected on 17/10/2024 – Key Drivers Analysis As we head into today’s session on 17/10/2024, the XAGUSD (Silver to US Dollar) pair is showing signs of a slightly bearish bias. A combination of fundamental and technical factors suggests that silver may face some downward pressure throughout the trading day. Below, we’ll explore the key drivers influencing the bearish sentiment and what traders should watch for in the XAGUSD market. 1. Rising US Dollar Strength A major factor contributing to the bearish bias in XAGUSD is the continued strength of the US Dollar (USD). The US Dollar Index (DXY) has been climbing as investors increasingly expect the US Federal Reserve to keep interest rates elevated for a prolonged period. Recent US economic data, including strong retail sales figures and better-than-expected inflation numbers, have supported the Fed’s hawkish stance. As the USD strengthens, the price of silver, which is priced in US dollars, tends to fall since it becomes more expensive for foreign investors to purchase the metal. This negative correlation between the USD and silver prices is a key driver for today’s expected bearish bias in XAGUSD. 2. Decreased Demand for Safe-Haven Assets Silver, much like gold, is often viewed as a safe-haven asset. However, as market sentiment improves and investors regain their risk appetite, the demand for silver as a safe-haven diminishes. Despite lingering geopolitical tensions, the broader market is displaying signs of optimism, with equity markets stabilizing and risk-on assets performing better in recent days. This shift in sentiment away from safe-haven assets is another factor that could weigh on silver prices today. Investors are opting for higher-yielding investments, reducing the demand for silver and thus exerting downward pressure on XAGUSD. 3. Rising US Bond Yields Another key factor influencing the slight bearish bias in XAGUSD today is the ongoing rise in US Treasury yields. Higher bond yields increase the opportunity cost of holding non-yielding assets like silver. As yields on US government bonds climb, silver becomes less attractive to investors seeking returns, further contributing to the selling pressure on the metal. The recent spike in yields, particularly in the 10-year Treasury note, has been driven by expectations of prolonged high-interest rates in the US. This creates a negative environment for silver, which traditionally benefits in low-interest-rate conditions. 4. Technical Factors From a technical analysis perspective, the XAGUSD pair has struggled to break through key resistance levels around $22.50 in recent sessions. This level has been tested multiple times but failed to be breached, indicating strong resistance. The failure to break this resistance signals weakness in the market, aligning with the bearish sentiment for today. In addition, the Relative Strength Index (RSI) is showing signs of bearish divergence, suggesting that the momentum behind silver's recent recovery might be fading. If the price moves below the key support level around $21.80, we could see further downside movement toward $21.50. 5. Slowing Global Industrial Demand While silver has significant industrial applications, the global economic outlook has dimmed, especially in major economies like China and Germany. China’s sluggish growth and lower-than-expected demand from its manufacturing sector are weighing on the global demand for silver, contributing to the bearish outlook for today. A slowdown in industrial demand typically reduces the price of silver, as it is a key component in electronics, solar panels, and various industrial applications. Conclusion: Slight Bearish Bias for XAGUSD on 17/10/2024 In conclusion, the XAGUSD pair is likely to exhibit a slightly bearish bias throughout today’s session due to a combination of a stronger US Dollar, rising US bond yields, decreased safe-haven demand, and technical resistance levels. Additionally, slowing global industrial demand for silver, particularly from China, adds to the bearish outlook. Traders should keep an eye on key support levels around $21.80, as a break below this level could lead to further downside. Conversely, any signs of renewed risk-off sentiment or unexpected weakness in the USD could provide some relief for silver bulls. --- Keywords for SEO Ranking: - XAGUSD analysis 17/10/2024 - Bearish bias for XAGUSD - Silver price forecast October 2024 - US Dollar strength impacting silver - XAGUSD tradingview analysis - XAGUSD technical analysis October 2024 - Fundamental analysis XAGUSD today - Rising US bond yields affecting silver prices - XAGUSD bearish outlook today - Silver market outlook 17/10/2024Shortby PERFECT_MFG0
My bias on XAGUSD going bearishMy projection on XAGUSD is bearish. I expect price to come back and mitigate 32.057 and move downward to 30.130Shortby olamurphy65115
Silver/ MCX Intraday chart analysisI 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. Sells: Zone 1& 2 Phase C= Counter swing+ Pro Internal Buys: Zone 3 Phase A=Pro internal+ Pro Swing 4H Chart: by ganeshmudhun0
XAGUSDPair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves Break of Structure Fibonacci Level - 61.80% / 78.60% RSI - Divergence Bullish Channel as an Corrective pattern in Short Time Frameby ForexDetective4
Elliott Wave Intraday View in Silver (XAGUSD) Favoring the UpsidShort Term Elliott Wave View in spot Silver (XAGUSD) suggests that rally from 8.8.2024 low is in progress as an impulse. Up from 8.8.2024 low, wave 1 ended at 30.18 and dips in wave 2 ended at 27.69. Wave 3 higher ended at 32.71 and pullback in wave 4 ended at 30.13 with internal subdivision as an expanded Flat structure. Down from wave 3, wave ((a)) ended at 30.86 and wave ((b)) rally ended at 32.95. Wave ((c)) lower ended at 30.1 and this completed wave 4 in higher degree. The metal has turned higher again in wave 5 with internal subdivision as a 5 waves impulse. Up from wave 4, wave (i) ended at 30.76 and wave (ii) ended at 30.2. Wave (iii) higher ended at 31.3 and pullback in wave (iv) ended at 31.04. Final leg wave (v) ended at 31.62 which completed wave ((i)) in higher degree. Pullback in wave ((ii)) ended at 30.70. Wave ((iii)) is in progress higher and as far as pivot at 30.1 low stays intact, expect short term dips to find buyers in 3, 7, or 11 swing for further upside.by Elliottwave-Forecast1