XAGUSD01 trade ideas
Silver bullish breakout support at 3686The Silver remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3686 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3686 would confirm ongoing upside momentum, with potential targets at:
3814 – initial resistance
3865 – psychological and structural level
3920 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 3686 would weaken the bullish outlook and suggest deeper downside risk toward:
3645 – minor support
3590 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Silver holds above 3686. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
SILVER (XAGUSD): Correction is Over?!
It looks like Silver has finally completed a consolidation within
a wide horizontal parallel channel on a daily.
A new higher high formation today indicates coming growth.
Because if its Friday, I suggest looking for trend-following buy from Monday.
Let the market close above the underlined resistance to let it set a Higher Close
as well.
Look for buying after a pullback, aiming at 38.0 as the first goal.
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Final call before take offLook at the monthly chart of Silver (CFDs in USD/OZ), the longterm trend is clearly bullish. After spending over a decade consolidating below the $30–35 zone, The breakout above this historical resistance is significant and shows strong momentum, especially with price holding well above the 10-month EMA. We’re currently testing the $37.31 level, and if that gets taken out cleanly, the next major target is the all-time high at $49.83 from 2011. The recent structure even resembles a cup-and-handle or ascending triangle pattern, adding more weight to the bullish case. Support zones are now layered at $35, $33.06, and $32.51—key levels that were previous resistances. If there's any dip back to those zones, it may offer a solid buy-on-dips opportunity. As long as Silver holds above $35 on the monthly chart, I stay bullish with eyes on a move toward the $49.83 zone.
XAGUSD ~750 USD!?Hello. SILVER is approaching the cap of a multi-decade 'cup and handle' pattern. The measured move from that pattern reaches ~750USD/oz. GOLD has already reached the capping line of the 'cup and handle' and has continued up. Silver is known to lag Gold and outperform in the end. Position wisely my brothers and sisters.
XAG/USD elliot wave countFXOPEN:XAGUSD
📊 Silver – Elliott Wave Analysis (Overview)
🔹 Macro Structure:
We’ve already completed the larger Wave 3 and are now transitioning into Wave 4.
🔹 Corrective Structure – Wave 4:
The A wave of the correction is already completed.
The B wave has also been completed.
We are now in the process of building the C wave, which will complete Wave 4.
🔹 Internal Structure of Wave C:
From the end of Wave B, we’ve already formed a (1) and (2) (in brackets).
Within this move, another smaller (1) and (2) have now unfolded, and we are currently on the way to the (3) of C.
🔹 Market Context:
Target zones and entry zones are already marked on the chart.
These zones can still be adjusted, depending on how price action develops in the coming days.
SILVER: Short Trade with Entry/SL/TP
SILVER
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short SILVER
Entry Point - 38.213
Stop Loss - 38.700
Take Profit - 37.395
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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SILVER Massive Short! SELL!
My dear subscribers,
SILVER looks like it will make a good move, and here are the details:
The market is trading on 38.213 pivot level.
Bias - Bearish
My Stop Loss - 38.708
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 37.413
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
SILVER: Local Bearish Bias! Short!
My dear friends,
Today we will analyse SILVER together☺️
The market is at an inflection zone and price has now reached an area around 37.832 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 37.762..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
SILVER: Strong Bullish Sentiment! Long!
My dear friends,
Today we will analyse SILVER together☺️
The market is at an inflection zone and price has now reached an area around 38.768 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 38.937.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
Long Silver A possibility of a slight pull back is expected. Before moving higher. The pull back is expected to be for a short period maybe 1-2 days of consolidation before going up higher to the predicted region.
My course will be coming up soon. Stay tune.
As always stay cautious and always do your own due diligence. Trading requires good risk management. Stay safe.
SILVER: Strong Bullish Sentiment! Long!
My dear friends,
Today we will analyse SILVER together☺️
The market is at an inflection zone and price has now reached an area around 38.207 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 38.594.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️