FrankPro Signal for SILVER_105
Type: Screen
Signal: BUY
TP: 32.3475
SL: 31.528
Entry Price: 31.677

Flexity Analysis for XAGUSD
Forecast Overall(Short-Term, Long-Term): ST=Strong Down LT=Strong Up
Forecast Methods(Short-Term, Long-Term):
[Method0] ST=Down LT=Up
[Method1] ST=Down LT=Up
[Method2] ST=Down LT=Up
FlexityIndicator Analysis Method(0)
Here is the data structurized and formatted in HTML for better readability: **XAG/USD (Silver) Price Movement Analysis** **Short-term Outlook (January 13-17, 2025)**
Expected Price Movement | Down |
---|---|
Reasoning | The current bearish bias, strengthening US Dollar, rising US bond yields, and expectation of a slower pace of rate cuts by the US Federal Reserve are all contributing to downward pressure on the Silver price. The 14-day RSI is below 50, confirming a bearish bias, and there are sell signals from both short and long-term Moving Averages. |
Potential Support Levels |
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Potential Resistance Levels |
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Expected Price Movement | Up |
---|---|
Reasoning | Despite the current bearish outlook, there is a positive long-term trend. The XAG/USD currency pair is expected to rise by 11.73% over the next three months, with a 90% probability of holding a price between $31.84 and $37.25. This is supported by a buy signal from the 3-month Moving Average Convergence Divergence (MACD) and rising volume along with the price. |
Potential Target Levels |
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Result: [Method0] ST=Down LT=Up
FlexityIndicator Analysis Method(1)
Here is the data structured and formatted in HTML for better readability: **XAG/USD (Silver) Price Movement Analysis** **Short-term (Near-term) Analysis**
Factors Affecting Price | Impact on Price |
---|---|
Strengthening of the US Dollar | Downward pressure on Silver prices |
Elevated US bond yields | Downward pressure on Silver prices |
Expectation of slower pace of rate cuts from the US Federal Reserve | Downward pressure on Silver prices |
Result: [Method1] ST=Down LT=Up
FlexityIndicator Analysis Method(2)
Here is the data structured and formatted in HTML for better readability: **XAG/USD Price Movement Analysis** **Short-term (January 13-17, 2025)**
Scenario | Price Movement | Target |
---|---|---|
Support level test | Down | $28.45 |
Breakout above resistance | Up | Above $35.35 |
Break below support | Down | $26.00-$26.50 |
Result: [Method2] ST=Down LT=Up
