Current provider snapshot
Separate from the author's published editorial outlook.
Silver
Unavailable: Market-data quotes are intentionally disabled for launch. Informational use only.
Source: disabledAsset: Silver (XAG/USD)
Bias: Bearish
Timeframe: 4H
Price: 55.889 · VWAP 56.505 · 9 EMA 56.776
Chart read
Three red 4H candles from 58.00 to a 55.78 low. Price is well below VWAP and the 9 EMA, and both are pointing lower.
Trade idea
- Order: Sell limit 57.500
- POI zone (order block + Fibonacci): 57.53 – 57.97
- Stop loss: 58.100
- TP1: 56.320
- TP2: 55.606
- TP3: 55.201
- Risk: $0.60
- Risk/reward: 1 : 3.8
Why this POI
- Bearish OB: the last green 4H candle before the selloff, 57.56 – 57.97
- Fib 78.6% at 57.529 sits on the OB's lower edge
- Stop above the 58.005 swing high
Plan B
The POI is about 3% away; intraday, sell a rejection at R1 56.320
Rules for this idea
- Limit orders only: if price never reaches the POI, there is no trade.
- Wait for the 8:30 AM data and the 9:30 AM cash open before placing the order.
- Risk no more than 1% on the idea; take partial profit at TP1 and move the stop to breakeven.
Primary risk factor
U.S. dollar moves ahead of the 28 October Fed decision; the POI is about 3% above price and may not be reached today.
Educational analysis, not financial advice. Trade at your own risk.
What could change the outlook
- U.S. dollar moves ahead of the 28 October Fed decision; the POI is about 3% above price and may not be reached today.
