XAG/USD – Silver vs USD
Buy Entry: $33.25-35
📋 Plan Overview Table
Type Direction Confidence R:R Status
Swing Long 70% 2.7:1 Active Trade
📈 Market Bias & Type
Market Bias: Bullish to Neutral
Type: Continuation from breakout support
🔰 Confidence Level
Confidence: 70%
Breakdown:
Technical Structure: ✅ Bullish channel holding
Volume Pickup: ✅ Moderate confidence
Macro Sentiment: ⚠️ Mixed USD signals
Daily candle: ✅ Higher low formed
Overhead Resistance: ⚠️ Still present near $34.50
📍 Entry Zone
✅ EntRY at $33.25-35, which is within the recent demand bounce zone (between $33.10–$33.40)
❗ Stop Loss (Dynamic)
Primary SL: $32.60 (below recent swing low)
Alternative SL (tight): $32.90 (below previous candle low if managing tighter risk)
Reasoning: Clean invalidation below $32.60 would break the current bullish structure.
🎯 TP Targets
Take Profit Level Reason
TP1 $33.95 Mid-range resistance zone
TP2 $34.60 Previous top + psychological resistance
TP3 $35.30 March swing high zone
🧠 Management Strategy
Move to Breakeven at $33.70 (just before TP1)
Scale out 50% at TP1, trail stop for remainder
Tighten stop near $33.00 if candle closes bearish on H4
Watch DXY – USD strength could pause momentum
⚠️ Confirmation Checklist
✅ Price bounced from H4 demand
✅ Daily candle higher low
⚠️ Still under resistance at $34.00
✅ Volume showing re-engagement
✅ No bearish engulfing yet on D1
⏳ Validity
Plan Valid for 48–72 hours (Swing)
❌ Invalidation Conditions
Close below $32.60 on 4H or Daily timeframe
Break of bullish structure with strong volume sell-off
🌐 Fundamental & Sentiment Snapshot
USD: Mixed due to Fed ambiguity on rates
Silver Demand: Steady amid China stimulus & global inflation risks
COT Data: Funds still net long but slightly trimmed positions
Risk Sentiment: Gold + Silver recovering alongside equities
📋 Final Trade Summary
We have a solid long at $33.35. Hold with SL at $32.60.
First resistance at $33.95. If price breaks above that zone, $34.60–$35.30 remains on the table. Consider trailing your stop after TP1 and letting partials run.
Buy Entry: $33.25-35
📋 Plan Overview Table
Type Direction Confidence R:R Status
Swing Long 70% 2.7:1 Active Trade
📈 Market Bias & Type
Market Bias: Bullish to Neutral
Type: Continuation from breakout support
🔰 Confidence Level
Confidence: 70%
Breakdown:
Technical Structure: ✅ Bullish channel holding
Volume Pickup: ✅ Moderate confidence
Macro Sentiment: ⚠️ Mixed USD signals
Daily candle: ✅ Higher low formed
Overhead Resistance: ⚠️ Still present near $34.50
📍 Entry Zone
✅ EntRY at $33.25-35, which is within the recent demand bounce zone (between $33.10–$33.40)
❗ Stop Loss (Dynamic)
Primary SL: $32.60 (below recent swing low)
Alternative SL (tight): $32.90 (below previous candle low if managing tighter risk)
Reasoning: Clean invalidation below $32.60 would break the current bullish structure.
🎯 TP Targets
Take Profit Level Reason
TP1 $33.95 Mid-range resistance zone
TP2 $34.60 Previous top + psychological resistance
TP3 $35.30 March swing high zone
🧠 Management Strategy
Move to Breakeven at $33.70 (just before TP1)
Scale out 50% at TP1, trail stop for remainder
Tighten stop near $33.00 if candle closes bearish on H4
Watch DXY – USD strength could pause momentum
⚠️ Confirmation Checklist
✅ Price bounced from H4 demand
✅ Daily candle higher low
⚠️ Still under resistance at $34.00
✅ Volume showing re-engagement
✅ No bearish engulfing yet on D1
⏳ Validity
Plan Valid for 48–72 hours (Swing)
❌ Invalidation Conditions
Close below $32.60 on 4H or Daily timeframe
Break of bullish structure with strong volume sell-off
🌐 Fundamental & Sentiment Snapshot
USD: Mixed due to Fed ambiguity on rates
Silver Demand: Steady amid China stimulus & global inflation risks
COT Data: Funds still net long but slightly trimmed positions
Risk Sentiment: Gold + Silver recovering alongside equities
📋 Final Trade Summary
We have a solid long at $33.35. Hold with SL at $32.60.
First resistance at $33.95. If price breaks above that zone, $34.60–$35.30 remains on the table. Consider trailing your stop after TP1 and letting partials run.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.