TradingView Ideas
Silver hits 50-60 by end of 2026 and 130 by 2030 (Thu, 21 Nov 2024)Based of the technicals of a massive cup and handle, imo, we are right on track looking at the weekly. News always finds a way to justify the trend. You saw this masterpiece here first.
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Silver long (Thu, 21 Nov 2024)
Long for that contract. TP1 & TP2 mentioned within blue levels. Please keep R&MM if trading. Good luck.
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SILVER: Market Is Looking Up! Buy! (Thu, 21 Nov 2024)
https://www.tradingview.com/x/g1HhXfvu/ Welcome to our daily SILVER prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 31.12023$ Wish you good luck in trading to you all!
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Buy Opportunity (Thu, 21 Nov 2024)
Buy Signal: Entry: $31.00–$31.20 Stop Loss: $30.50 Target: $33.00–$33.15 Risk-Reward: Favorable (~4:1 ratio). Monitor for a breakout above $31.20, and ensure the momentum indicator stays positive for confirmation. If the price fails to hold above $31, reassess the setup. Signal Analysis: Support & Resistance: The price has found a strong support zone around $30.50–$31.00. Resistance is evident near $33.00–$33.15, which aligns with the previous high. Volume Profile: High volume nodes (yellow bars) near $31 suggest strong interest and support at this level. The low volume zones above $31.50–$32.50 indicate that price could move quickly if it breaks resistance. Momentum (Squeeze Momentum Indicator): The histogram is transitioning from negative to positive (red to green), signaling potential bullish momentum. Projected Move: The chart suggests a target price of $33.15, with a potential 6.93% gain over ~12 days if bullish momentum sustains.
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#silver Elliott wave analysis (Thu, 21 Nov 2024)
As shown in the chart, it appears that the price is approaching the completion of wave 5 of its recent bullish impulsive move on the 1H timeframe. I’m watching for a potential retest of the bullish trendline as an opportunity to enter a buy position.
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30-mins Silver: Up Trends Picks Up Again (Thu, 21 Nov 2024)
Silver, which has been in a strong uptrend for most of the year, recently underwent a significant correction, dropping nearly 20% just a few weeks ago. This sharp pullback attracted new buyers, as the oversold conditions presented an appealing opportunity. Their buying activity has since driven prices higher, signaling a resurgence in bullish momentum. On the way back up, Silver experienced a minor pullback, yet key support was maintained at the 50% Fibonacci retracement level. This strong defense of support reinforced market confidence and laid the groundwork for further gains. Adding to the optimism, a classic bullish indicator, the Golden Cross, has emerged. This occurs when the 20 MA crosses above the 60 MA, signaling the likelihood of continued upward movement. Looking ahead, $32 appears to be a reasonable short-term price target for Silver. With bullish momentum confirmed and technical indicators aligning, traders may see further strength as Silver capitalizes on its long-term trend.
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SILVER:Long trading strategy (Thu, 21 Nov 2024)
https://www.tradingview.com/x/iqRq4qn1/ There is no major change in thinking, the recent silver has been following the rhythm of gold bulls, today silver is also low bullish, near 30.70-30.90 can be directly more, this is the low of the two days of retrace, the upper target is 31.50-32
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XAGUSD FOR BUY. (Thu, 21 Nov 2024)
Price on the higher timeframe is bullish, price formed a falling wedge and an inverse head and shoulders pattern. Wait for bullish candlestick pattern to make entry for buy.
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