SPDR Silver Rises as Uncertainty Builds Worldwide — Market TalkSPDR Rises as Uncertainty Builds Worldwide — Market Talk
XAGUSD_PER_0.01 trade ideas
Higher Time Frame Analysis - SilverMonthly time frame (closing basis) suggests a nice C&H pattern, and another noteworthy observation is that the retracement of last swing is less than 23.8% which suggests inherent strength in the last swing upmove
Study is for educational purpose only, with a long bias
SILVER LONG IDEAPositives
SILVER chart in 4hr looks good for me.
It is near Trendline support and also Monthly breakout retest zone.
More chances it goes up as per chart and Target may be 30-32$.
Negitives
If it breaks down, next support is 26$.
Silver buy given at 29 , 31.45 + high start profit bookingDisclaimer -
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver hold buy trade sl 30.20 Target 31.20, 31.60, 32.10Disclaimer -
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
SILVER & GOLD BRO'S For LIFE!U.S. sanctions spur central banks' move towards gold -analyst
U.S. nonfarm payrolls report due on Friday
Palladium hit its highest since mid-April on Wednesday
Gold prices were little changed on Thursday near a two-week high after softer-than-expected U.S. economic data spurred hopes of interest rate cuts as early as September and focus shifting to non-farm payrolls data.
Spot gold
GOLD
was unchanged at $2,357.78 per ounce, as of 0959 GMT after prices hit their highest level since June 21 on Wednesday. U.S. gold futures
GOLD
were down 0.1% at $2,366.20.
Silver comex buy given at 29 CMP 30.55 , next Target 31.20 31.55Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
SILVER at imp. level of liq$ poolSubdued physical demand shows signs of recovery
Platinum group metals rise as focus on EVs weakens
US non-farm payrolls due on Friday
US job openings rose to 8.14 million in May
Gold prices edged lower on Tuesday as Treasury yields held firm, while investors digested comments from Federal Reserve Chair Jerome Powell and looked forward to U.S. jobs data due later this week for more signals on U.S. interest rate cuts.
Spot gold
GOLD
was down 0.4% at $2,322.09 per ounce by 12:22 p.m. (1622 GMT). U.S. gold futures
GOLD
fell 0.3% to $2,330.90.
Silver buy given many times near 29 ,2+ we get buy on dipDisclaimer -
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver buy on dip not going down so will go up onlyDisclaimer -
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
SILVER LAST WEEK FILLED IMBSILVER Q3 TECHNICAL ANALYSIS
Over the last two months, Gold has been stuck in a well-defined daily range with neither buyers or sellers able to take control of price action. The daily Silver chart is different with a five-month series of higher-lows and higher-highs still in place, suggesting higher prices in the weeks ahead. Gold’s range and Silver’s trend both remain in place and may offer reliable set-ups for Q3.
Silver XAGUSD Silver, XAGUSD This is a very good opportunity to sell it, it can be sell till the demand level drops below, below the demand it can be buy only for short term because it is in bearish trend.
Silver possible structureSilver took support at previous swing high plus .382 fibonacci level.
Expected to do 1.382.
Silver buy on dip eith SL of recent low pop-up upmove possible 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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver comex fresh buy signal appear on harmonic start buy ondipDisclaimer -
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
$XAGUSD | 4 HOUR TIMEFRAME | June 25Silver Poised for Upside Breakout: Falling Wedge on 4-Hour Chart
Timeframe: 4 Hour
Analysis: A bullish reversal pattern, the falling wedge, is developing on the 4-hour chart for Silver. This pattern often precedes a price surge, suggesting a potential upside move for silver.
Key Levels:
Resistance: $30.20 (Upper trendline of the falling wedge)
Support: $29.00 (Lower trendline of the falling wedge)
Trade Idea:
Entry: Consider entering a long position above the resistance level of $30.20, confirming a breakout from the falling wedge.
Target: The target price can be determined by measuring the height of the wedge and adding it to the breakout point ($30.20). This could suggest a target around $31.40 - $31.60.
Stop-Loss: A stop-loss order can be placed below the support level of $29.00 to limit potential losses if the price falls and breaks the wedge pattern.
Risk Management:
Always remember to practice proper risk management. Only allocate a small percentage of your capital to this trade and use a stop-loss order to limit potential losses.
Confirmation: A confirmed breakout occurs when the price closes above the resistance level of $30.20 with increased trading volume.
Additional Notes:
This analysis is based on technical indicators and should be used in conjunction with other fundamental and market sentiment factors.
Past performance is not necessarily indicative of future results.
I hope this detailed explanation helps!
Silver as expected bounce comming avoid fresh sell trade 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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
US SILVER - XAGUSD - LONG TERM IMPULSE - MULTIBAGGER - EWHi Folks,
I am tracking silver linked ETF's for long term investment and did a long term and mid term analysis for the same. Analysis is on weekly timeframe, so mind you this will take a lot of time to play out. Also, ill cover a basic know how to interpret wave structure.
Following is the inference-
Elliott Wave Analysis
Larger wave structure will follow 2 characteristics, Impulse (motive) and Corrective (Profit booking/ time correction/ price correction/ low liquidity).
Characteristics of anImpulse -
1. It will have cleaner move, with less overlaps.
2. Internally, 5 wave structure can be observed clearly.
3. Major participation of traders/investors with positive sentiments.
4. Positive news augmenting the euphoria in later stages too.
Characteristics of Corrective waves -
1. It will have overlaps in structure. In price correction, price can correct significantly, basis on timeframe the % correction will take place. In time correction, behaviour will be sideways and % correction in price will be comparatively less. Time correction will be range bound and will generate lots of accumulation and liquidity in anticipation of breakdown/breakout.
2. Internally, abc wave structure can be seen.
3. Negative news might augment further correction(price/time).
XAGUSD - Analysis
1. Larger Red wave is an ongoing impulse on long term basis. We have completed 1 and 2 wherein 2 retraced to approx 61.8% of 1 which signifies healthy price correction.
2. Larger 3 is ongoing, which is strongest of all impulsive waves.
3. Within 3 we 1 and 2 seems to be completed. 1 was having an overlapping impulse known as Leading diagonal which shows very bullish sentiments. 2 wave made shallow price correction as it is more of a time correction.
4. Breakout of falling channel of 2 wave shows start of 3 wave, structure looks more cleaner and it shows more upmove yet to come.
5. All confirmations are basis on channel structure and fib retracements.
6. Targets of smaller 3 and larger 3 are marked on the chart with fib projections.
See you there in few years :)
Happy Trading! Cheers!
Not a trade reco, please do your own due diligence.
XAGUSD is looking to catapult to ~40 very quickly
XAG/XAU the key value is 13.06 that was just kissed today.
But once this level is crossed, there is only air until the next level that is way up 20% higher
If XAU crosses 2500, that is around 7% higher and XAG/XAU does a 20% premium on that, expect XAG to reach 40.
1.2*1.07*31=39.8
Silver buy holding from 29 cmp 30.40 hold it more upside pendingDisclaimer -
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
XAGUSD (Silver) Start for Continue Upside JourneyXAGUSD (Silver) Start for Continue Upside Journey Now 30.24 Stoploss 26.50 Possible minimum target of 35.500-37.500++
Silver buy holding from 29 next 29.80, 30.20 , 31.04 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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver buy holding from 29 next 29.80, 30.20 , 31.04 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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
