XAGAUD trade ideas
Silver Chart in AUD is breaking out.My take on Silver.
I'm on the same scenario again but this time it's on Silver.
I want to go long on gold when it reaches its all-time high in Australian dollars around 2023. I didn’t pull the trigger because I thought it was too late. You never know if you’re late until the price moves higher or lower. The RANGE indicator (BLUE line) helps me decide the best time to buy gold;
You get one or two chances in a decade to buy gold. If unprepared, it’s not late, but the reward shrinks. Gold has no risk—it’s real money.
This time, its Silver. After the gold price reach new high it almost doubled in AUD. The Silver are in new high in AUD but not in USD.
From what i observed, USD is the last currency go all time high on gold and silver. If silver price will go $50 USD, what do you think the silver price in AUD?
I am targeting Silver miner as they give you more leverage than physical metal and i already have a Silver position since 2021.
The 3 month BREAKOUT chart is closing above the diagonal trendline which is why its called breakout indicator. Once it breaks it, the price moves significantly.
Silver is breaking out in AUDThe Breakout Indicator is breaking out this quarter. The pattern spans from 2011 to 2025, and I’m expecting a very big move, likely this year and next. Usually, every breakout is massive, but this one is different because the patterns I typically watch last 3-5 years.
XAGAUD - Long SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels.
In particular case we clearly can see the following context: price swept 1D key swing low and left untouched swing high.
But to take more statistically more probable trades we should wait for some type of lower timeframe confirmation, and it this case we can notice sign of strength, so potentially there is a higher probability to see price higher.
Your success is determined solely by your ability to consistently follow the same principles.
What’s Flowing: XAU/AUD Bullish MomentumKey Observations:
1. Support Levels Hold:
• XAU/AUD has established strong support near 46,800 AUD, forming a base for a potential rebound.
2. Trend Reversal Indications:
• Volume Profile Analysis indicates buyers stepping in around the Point of Control (POC), confirming accumulation in the lower range.
• A breakout above 47,637 AUD highlights bullish momentum gaining strength.
3. Bullish Targets:
• Short-term target: 48,253 AUD, aligning with the Value Area High (VAH).
• Extended target: 50,000 AUD, should momentum sustain.
4. News Flow Insights:
• Positive sentiment in gold markets due to global uncertainties and potential rate adjustments.
• Market talk highlights consistent buying, especially in regions with heightened demand like India and China.
5. Risk Management:
• Stop Loss: Below 46,800 AUD.
• Take Profit: Incrementally at resistance zones (48,253 AUD, 50,000 AUD).
Context:
XAU/AUD reflects a favorable environment for safe-haven assets amidst global market uncertainties. Gold’s bullish seasonal trend adds strength to the outlook.
This is an excellent opportunity for traders and investors seeking upside exposure. Stay tuned for updates!
XAGAUD - Short TradePrice swept liquidity above and brake the structure, so I would expect to see price trade lower at the equal lows (key liquidity level)
Keep it simple and consistent!
xag shortwe sell the silver that had a sharp increase after the bad usd data today
3.4% increase for the day and we expect a retracement to the day low
XAGAUD - Bearish PatternXAGAUD in bearish trend made bearish inside bar candlestick pattern at lower high.
XAGUAD is going into bearish trendThe XAG/AUD currency pair is currently indicating a bearish trend, suggesting that the price of silver is weakening against the Australian dollar in the market. This downward movement may be influenced by various factors, including negative sentiment towards silver, strength in the Australian dollar, or economic indicators favoring the Australian economy over silver markets. Traders and investors observing this trend might interpret it as a signal to potentially sell XAG/AUD positions, anticipating further decline in the value of silver compared to the Australian dollar.
XAGAUD A1+ setup. Perfect alignment for a squeeze to the upside!XAGAUD recent price metrics is conveying a rare but beautiful A1+ setup. One of my favorite patterns of identification of a short squeeze -- and this pair is showing that characteristic now.
Based on recent 4h price data, XAGAUD is very near at entering the heatzone. A break in structure of that area would mean a very strong momentum to the upside.
A 300 + pips growth prospect is expected on this attempt. Target set at 38.5
Spotted at 35.30
TAYOR.
XAGAUD - In Bullish TrendXAGAUD is trading in bullish trend as it is making higher highs and higher lows.
XAGAUD - Bearish Trend ReversalThe pair has started making a bullish divergence in the bearish trend. Plus, the market sentiments are towards the long trade. We will buy it on the breaking of the marked higher high of the bull rally. Let's hope the trade goes as planned on the chart.
Silver looks dangerous here.One day to go in the week. Weekly candle sticks its head out above the resistance line. Quietly, but surely?
XAGXAU - Silver AUD - Bullish flag and pole formation.XAGXAU - Silver AUD - Bullish flag and pole formation.
Likely, to follows Gold's lead higher.
SILVER AUD Short SetupSILVER AUD Short Setup
Look at the big picture using Fibonanci Premium ZONE to enter.
XAGAUD SHORTXAGAUD going short following the DOW theory. The formation of lower highs and lower lows favour the downward trend.
XAGAUD!We see a bullish pattern that symbolises a reversal could be taking place.
Low risk entry.
Trade with care use a stop loss.
XAGAUD - Silver AUD Bullish pennant pattern. XAGAUD - Silver AUD Bullish pennant pattern.
Combined with the fact the Gold/Silver ratio is extremely high at the moment, Silver's moment is coming.
XAGAUD Longs (Daily)Higher low hold on support - buying back into the trend. Target is the resistance zone highlighted!
Bullish momentum
Trading IDEA --- NOT AN INVESTMENT OPPORTUNITY!
