SILVER_105 2025.01.31 00:03:17 Trading Signal BUY

FrankPro Signal for SILVER_105



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



https://frankenstein.pro/content/images/XAGUSD.png

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
  • $30.00
  • $29.65
  • $28.45
Potential Resistance Levels
  • $30.91
  • $30.96
  • $31.65
**Long-term Outlook (Next Three Months)**
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
  • $35.35 and above
**Summary** While the short-term outlook for Silver prices appears bearish, the long-term trend suggests a potential rebound and increase in price.
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
**Technical Analysis** * Potential short-term weakness, with a break below $26.50 indicating a continuation of the decline. * Sell signals from both short and long-term moving averages suggest a more negative forecast in the near term. **Expected Short-term Price Movement** DOWN **Long-term Analysis** **Supportive Factors** * Safe-haven demand could cap the downside for Silver prices. * Industrial demand for Silver, particularly in electronics, electric vehicles, and solar panels, is expected to support the price. **Technical Analysis** * The XAG/USD pair is in a bullish channel, with moving averages indicating an upward trend. * A potential continuation of growth with a target above $35.35 is expected after testing the support level near $28.45. **Expected Long-term Price Movement** UP **Summary** While the short-term outlook for Silver prices appears bearish due to the strengthening US Dollar and elevated US bond yields, the long-term outlook remains bullish due to safe-haven demand, industrial demand, and the overall upward trend in the bullish channel.
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
**Current Price and Expected Movement** * Current price: $30.41 * Expected short-term movement: **Down** to test support level, with potential for rebound and growth afterwards **Long-term Outlook** * **Positive** outlook due to: + China's economic recovery + US monetary policy + Silver's role in green energy and as a haven asset * Potential drivers: + Improved economic data from China + Weakness in the US dollar * Expected long-term movement: **Up**, with potential targets above $35.35 **Note**: These conclusions are based on the provided analysis and may not reflect the current market situation, as the latest hourly updates are not available.
Result: [Method2] ST=Down LT=Up


GIF