#SILVER SPOTSILVER holding above multi month support level of 30.
we can see 37-42 USD in coming months with Sl below 30
SILVERCFD trade ideas
Silver sell on rise until 31.06 not break levels on chartDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
XAGUSD - Last Month (DEC) of Q4, 2024.XAGUSD
Price has currently swept the IPDA(40) Low into a Liq Void. There is a SMT Divergence too.
Now expecting a good rally either from the current price, or will reprice into the LV again completing it and then rallying upwards in the coming weeks.
Silver positional levels mentioned on chart read description Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 100 %)
Target 6- (T6 : 123.6 %)
Target 7- (T7 : 138.2 %)
Target 8- (T8 : 150 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Third attempt to break the channel. Looks Bullish.Silver is attempting to break the channel for the third time. Looks Bullish as its near the previous support.
Do your analysis and make a call..
hit BOOST if you find this to be useful. :)
Silver possible structureSilver took support at previous swing high plus .382 fibonacci level.
Expected to do 1.382.
XAGUSD_15MXAGUSD_15M BEARISH
Everything is mentioned on Charts.
Please always look for double confirmation before entry
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
Silver bullishWith strict stoploss below cyan colour line
Go long with target 1 and 2 ahown by green lines.
Taking support at previously tested area and bottom of channel.Silver is taking support at previously broken resistance area and bottom of a channel. moving out of the channel again would take the price to higher levels.
XAGUSD_15MXAGUSD_15M BEARISH
Everything is mentioned on Charts.
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
stuck inside the channel. Will observe for clarity. silver - stuck inside the channel. Will observe for clarity.
if closes strong above the Resistance, may look for a long. if closes strong above the Resistance, may look for a long.
Possible formation of Inverse H&S pattern.Wait for confirmation.Possible formation of Inverse H&S pattern near previous support. Wait for confirmation.
This is only for educational purpose.
Possible Channel breakout and upside move is expected. Possible Channel breakout and upside move is expected . Provided the price holds above the marked resistance.
Please do your analysis and dont lose money !! Keep supporting.
Silver Buy for 34.5, 35, 37 TargetsMany Reasons why Silver is an attractive Buy Now :
1. Inverted H&S getting formed, and Buyers patience is getting tested. Moreover Sellers will be Stuck for Long time untill Jan 2025 Mid at these levels
2. Strong support at 32.50, 32.10, 31.80 in Silver
3. Inverted H&S being formed in Silver, and not breaking previous ATH Swing Zone towards downside
4. Iran is all prepared to attack Israel gain, as per Satellite Imagery, and Geopolitics news published.
5. Huge Buy by Bigtime Bullish Companies on Comex today.
6. NFP Data from Friday : Reaction of 12k Jobs vs 178k Jobs is still pending. These days reactions to such data come in 2-3 trading days, when Retailers think, Data was already discounted.
Silver Buy for 34.5, 35, 37 Targets with SL 31.80 is currently the best best..
Impact of US Elections will come subsequently, untill Jan 5th - 15th when exactly who is President Elect is chosen by Electoral Candidates. In past 5 times, majority party didn't have their Presidential Candidate, converted to President who actually took oath.
silver trade as per chart selling but above buying starttrade in selling with small stoploss and if stoplosss than buying and hold for big return..
silver morning breakout but fail price again return and see th point where r the price?? again near resistance if price breakout and rsi also in good value above trade 20 meaning price may be rock till next levels of my blur mark on charts
Breaking the trend line after showing buy signal in 15 minsBreaking the trend line after showing buy signal in 15 mins.
Do your analysis and don't lose money.
Silver after Strong Hammer, again in buy zone for Target of 35Silver after trying to follow hammer action tried breaking 33.40-33.60 region thrice in 3 days, and reversed from this very point..
I suggest buying at 33.40-33.60 for target of 34.85, 35.70, 37 in next 3-5 days..
Keep Strict SL of 33.40, if broken exit the trade or hedge the positions, as next target downside will be 32.50.
RSI is also very low for 5min, 10min, and 15min charts..
Silver’s breaking out of a multi-year consolidation?Silver’s breaking out of a multi-year consolidation? Sure, the charts are giving you that breakout signal—a classic rounding bottom pattern. It’s a textbook setup. But I’m telling you right now, don’t get pulled into the hype.
Silver isn’t your safe haven; that’s Gold’s job. When the world’s a mess, people don’t run to Silver. They run to Gold. Silver thrives when the global economy is expanding, when there’s industrial demand driving it. But let me remind you where we are: recession fears, global instability, geopolitical tensions. None of that screams “strong economy” to me.
You’re not betting on Silver breaking out of a chart pattern—you’re betting on a world that’s heading into turbulence. And the world today isn’t sending the message that industrial demand for Silver is going to boom anytime soon. So, unless you think we’re suddenly going to shake off all this uncertainty, you’re just gambling on hope.
Right now? The market doesn’t justify Silver. Gold is your shield when the storm hits. Silver? Not so much.
