📈 Silver (XAG/USD) – Trading Update
Date: June 6, 2025
Timeframe: Monthly / Multi-month Swing
Market Outlook: Bullish
Key Insights:
The Gold/Silver Ratio (GSR) has rejected the upper boundary of its Balanced Price Range (102–108), indicating a potential long-term rotation in favor of silver.
A bearish GSR target of 32 is projected — echoing the 2008–2011 analog, where silver massively outperformed gold.
Current GSR: ~93
Target GSR: 32
→ This implies continued strength in silver relative to gold.
Silver Technical Structure (XAG/USD):
Current Price: ~$36.10
Short-Term Target: $59.00
→ Based on the Goldbach Dealing Range and previous 2011 highs ($50.10), this target assumes a breakout and overshoot scenario.
Momentum: Strong monthly bullish structure, with higher highs and strong closes.
Next Resistance Levels:
$38.50
$44.00
$50.00 (prior high)
$59.00 (short-term target)
Trade Strategy (Not Financial Advice):
Bias: Long Silver
Entry Zone: On retracements toward $34–$36
Stop: Below $30 (structure invalidation)
Target 1: $44
Target 2: $50
Target 3: $59 (full projection)
Macro Context:
With real yields under pressure and inflation stickiness still a concern, silver could benefit from both precious metals demand and industrial recovery.
If gold stabilizes or gradually climbs, silver's outperformance will likely widen the divergence implied by the GSR target.
Date: June 6, 2025
Timeframe: Monthly / Multi-month Swing
Market Outlook: Bullish
Key Insights:
The Gold/Silver Ratio (GSR) has rejected the upper boundary of its Balanced Price Range (102–108), indicating a potential long-term rotation in favor of silver.
A bearish GSR target of 32 is projected — echoing the 2008–2011 analog, where silver massively outperformed gold.
Current GSR: ~93
Target GSR: 32
→ This implies continued strength in silver relative to gold.
Silver Technical Structure (XAG/USD):
Current Price: ~$36.10
Short-Term Target: $59.00
→ Based on the Goldbach Dealing Range and previous 2011 highs ($50.10), this target assumes a breakout and overshoot scenario.
Momentum: Strong monthly bullish structure, with higher highs and strong closes.
Next Resistance Levels:
$38.50
$44.00
$50.00 (prior high)
$59.00 (short-term target)
Trade Strategy (Not Financial Advice):
Bias: Long Silver
Entry Zone: On retracements toward $34–$36
Stop: Below $30 (structure invalidation)
Target 1: $44
Target 2: $50
Target 3: $59 (full projection)
Macro Context:
With real yields under pressure and inflation stickiness still a concern, silver could benefit from both precious metals demand and industrial recovery.
If gold stabilizes or gradually climbs, silver's outperformance will likely widen the divergence implied by the GSR target.
Lord MEDZ
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.
Lord MEDZ
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.