Silver Price Analysis (XAGUSD): SMC Insights & Potential $64 Liquidity Sweep
Silver Price Analysis via SMC Strategy: Is a Break Below $64 Imminent?
The Silver (XAGUSD) market is currently witnessing dramatic movements as traders closely monitor key support and resistance levels. In this article, we analyze Silver using Smart Money Concepts (SMC) to identify liquidity zones and upcoming opportunities, especially as price approaches a pivotal zone on the 4-hour timeframe.
Technical Analysis & Market Structure
1. Strong Supply Zones (Bearish Order Blocks)
Looking closely at the chart, Silver has respected the primary Bearish Order Block (Be-OB) at the 121.64 level. Since then, price has been in a clear downtrend. A secondary Order Block formed in February near 95.00, acting as a strong rejection point that sent price back to test previous lows.
2. Market Structure Break (MSB)
We have recorded several Market Structure Breaks (MSB) to the downside. Despite minor bullish attempts, the bearish momentum remains dominant, preventing price from sustaining any positive move above the $90 mark.
3. MACD & Momentum Analysis
The Ultimate MACD indicator shows persistent negative momentum below the zero line. Recent bearish crossovers suggest that selling pressure is still in control, with no clear signs of Bullish Divergence yet, reinforcing the likelihood of targeting lower levels.
Expected Scenario: Liquidity Sweep
Price is currently trading at 67.89, very close to the recent low of 64.03.
- Our Forecast: We expect price to head towards a Liquidity Sweep below the $64 level before considering any significant bullish correction.
- Trading Tip: Professional traders always wait for a clear Price Action reaction in these zones to determine a safe entry.
Start Trading Professionally with XM
If you are looking for a secure trading environment with low spreads and fast execution for Silver and Gold trading:
Open Your Trading Account & Claim Your BonusEnjoy ultra-fast execution on AWS-hosted servers.
Join Our Trading Community on Telegram
Get live updates, daily signals, and exclusive SMC analysis for Gold, Crypto, and Indices.
Join Moulay Trading Official ChannelDisclaimer: Trading involves risk. Always use proper Risk Management. Patience and discipline are your best tools in this volatile market.
Unlock Professional Silver Trading with XM
Access the silver market (XAGUSD) with ultra-tight spreads, lightning-fast execution, and professional tools designed specifically for SMC traders like you.
XM App" OPEN YOUR PREMIUM XM ACCOUNT NOW*Register through Moulay Trading to receive exclusive technical support, direct educational updates, and special partner conditions.
Direct Access to Live SMC Setups & Signals:
Join Moulay Trading Telegram Channel
Comments
Post a Comment