Silver : Bullish Flag BreakoutSilver has consolidated in bullish flag. Now it is breaking out of this flag.
Buy it with today's lowest price as stoploss. target will above Previous high
SILVERCFD trade ideas
SILVER/GOLD Ratio ChartSIlver might outperform Gold from the chart analysis.
Need to see monthly close above Trendline for confirmation.
Then we can plan more concentration in silver than gold in case of any equity market downside.
Silver sell we will see good fall 82500, 80000 , 78500 on mcxOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Beautiful Waves - the making in the Silver MarketAs we could see from the chart the way how XAGUSD presented beautiful patterns every time before a breakout. Now looking it from the left side of the chart it seems pretty easy to create multiple good trading setups but what's tough is doing the same to the right side of the chart where the UNKNOWN lies. That's what would take years of experience to interpret and execute.
XAGUSD: Breakout or Fakeout?Silver has recently experienced a breakout with a strong move to the upside. The monthly candle is still closing outside the highlighted trend line resistance, but the price rejected near the $30 level and closed the month near $26, creating a long upper wick that suggests strong resistance.
While this technically qualifies as a breakout, the probability of silver continuing to move up is comparatively low until the price breaks above $30 with a weekly or daily candle closing above that level.
On the other hand, if this turns out to be a fakeout, we could see a move back down towards the $22 price range, where there is significant support.
When planning your trades, always remember that higher timeframe analysis is key. Looking at the bigger picture will help you filter out the short-term noise and make better decisions.
This is definitely going to be interesting to see how this plays out so make sure you add this to your watchlist and follow to stay updated on more such ideas.
Silver technical analysis Now support on 27.11 pull back and bullish reverse Trend
Target will be 27.80
Silver as said earlier sell on rise only we will see 24.50 ,23.8On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver - How to trade today
Please read the notes as mentioned on the chart.
Disclaimer: I am not a Registered Analyst with any of the National/International Agency . Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Silver looking Charminglooking really bullish if it breaks out and sustain above 30 then we can see the targets shown in the chart and I can see it may touch all time high this time after 2011
Get Ready for Big Move in the Silver
Investment and Trading is Subject to market risk. take independent advice before investing or trading into it
SILVER – Triangle Pattern breakout – 45 – 70% upside potentialSilver has given triangle pattern breakout from 26 resistance levels.
Initial target is coming to 30, then 37.5 and 48 (previous All time high).
SL: Daily close below 26.
Silver triangle breakout Good triangle seen in silver.
Breakout target is close to earlier resistance.
Good 30% upside expected.
Silver - BO ConfirmedSilver - BO Confirmed.
first target 30 dollar and thn 50 dollar.
Remember: I am a Price Action Trader and use Price and Volume together with different Timeframes, including RSI, and market conditions. To get best result always wait for confirmation. Focus on Risk Management and Position sizing.
I use Trading view for my Analysis and charts Repositories. I could have Or Couldn’t have positions in Sharing Ideas.
Treat trading like a business and it will pay you like a business…..!!
Hope this post is helpful to community
Thanks
RastogiG
Silver bullish patternSilver has been in a long consolidation phase since FY 2022-23. VCP in progress break above would lead to at least 30% rise 🎇💥
Silver buy given at 74450 made high 75900 + enjoy huge profit On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
SILVER : Reached a key inflection levelOn December 20th, 2023, I made an analysis in which I expressed my view that the price was going to rally from the price levels back then. As of today, the price has moved by about 10%, just as I expected.
I monetized on this move by taking a position in SILVERBEES.
As of now, the price is hanging around key inflection levels. There is a high probability for the price to reverse from the current levels and fall back towards the lower trendline of the shorter time-frame ascending channel. But I also realize the possibility of a further up move of about 9.5% from the current levels to the upper trendline of the HTF ascending channel and then reverse.
But still, at present, I see a lot of value buys in individual stocks in the Indian Market at the moment. So I decided to book profit in the ETF and re-allocate the capital into better opportunities.
I'll consider a re-entry if the price falls back to the lower trendline of the ascending channel formation in the internal structure and will add on to the position if it further crashes down to touch the outer structure.
If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
XAGUSD Is ready to moveXAGUSD Which is showing a great opportunity XAGUSD is ready to breakout. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Silver is forming a triangle but an Ending triangleThe triangle in Silver is part of an X wave. So, as we get closer to 25.76, we are closer to the end of wave E of the triangle, from where prices can resume the journey lower. But that has not happened yet. This is a wait and watch for what comes next. Let the momentum indicators like RMI confirm that this is happening.
Could this be a start of a cycle trend to top?Commodity price are trendy over a period of time.
observing the price trend of silver and its consolidation over previous 4 years can this be a start of some amazing trend to top?
can silver reach near term top of 30?
can it further move to 35?
lets c how silver prices work this time.
Silver Buy - Looks like going to make new highsSilver has confirmed double bottom on daily charts with positive divergence. Price action looks good to take a long position in the short to medium term.
Disc- Not any recommendation! Trade with your own RR and setups!
Xagusd (Silver) Buy at any dips, big target $25 Xagusd (Silver) Buy at any dips, big target $24----$25 need Patience.
Silver MCX also ready for profit booking avoid fresh buyOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver - How to trade on Monday
Please see the markings and read notes on the chart.
Disclaimer: I am not a Regiastered Analyst with any of the National/International Agence. It is only for educational purposes. Please consult your financial advisor before making any decision, I will not be responsible for any of your profits/losses.
Let you grow. May! I follow you.
Thank you
Ready for diamond💎♦ pattern break outWeekly charts
Candles:hammer🔨🔨🔨
Demand zone area 22usd
Supply zone area 22.80
Structure: buy on dips
Target :30usd
Time frame: 90days
