Silver / U.S. Dollar
Long

Silver (XAG/USD) Analysis Using Mirror Market Concepts + Target

84
📌 Overview:
In this analysis, I’ve applied MMC (Mirror Market Concepts) to Silver’s recent price action. MMC helps traders like us identify symmetry, psychological zones, and repetitive structures in the market. This chart is a textbook example of how buyers and sellers leave patterns behind that we can mirror to predict what comes next.

Let’s dig deep into this elegant setup 👇

📈 1. The Curve Zone Support – Foundation for the Move
At the base of the chart, you’ll notice a curved support zone drawn in black. This isn’t just any random support—this is a rounded structure that shows how price gradually transitioned from bearish to bullish over time.

This Curve Zone Support indicates:

Sellers are getting exhausted.

Buyers are quietly stepping in, absorbing all sell-side pressure.

The market is preparing for an upside breakout.

This zone also aligns with mirror behavior—what price did before, it's setting up to do again.

🟣 2. Mirror Market Concepts in Action
MMC teaches us to reflect past structures into the future. Here’s how it plays out:

Previous dips into the curve zone were followed by strong bullish pushes.

Recent price action mimics earlier structures, forming mini-cups and curved bases.

This behavior suggests that Silver is mirroring its own bullish reversal structure again.

It’s like watching history repeat itself—with new energy.

🟡 3. Demand Zone + Break of Structure (BOS)
Around the $33.00 level, price dipped into a marked demand zone (highlighted in light purple). This is where buyers jumped back in and pushed price up again—proving strong interest at this level.

You’ll also notice a Minor Break of Structure (BOS) above this demand zone, showing:

A small, but significant shift in market sentiment.

Short-term trend change from bearish to bullish.

Fuel for the next leg up.

This BOS acts as confirmation that price is ready to move toward the target.

🎯 4. Targeting Major Resistance – $34.50 Zone
The ultimate goal is the Major Resistance Zone around $34.50. This zone has been tested before and caused strong rejections. But here’s the key difference now:

Price is approaching this level with momentum, structure, and buyer interest.

If MMC continues to play out, this zone could be taken out or at least retested for potential breakout continuation.

This area is marked as your Target Zone and is aligned with the mirrored projection.

🧠 5. What the Market Psychology Tells Us
Let’s not just read candles—let’s read the mind of the market:

Buyers are patiently absorbing every dip.

Sellers are losing control at each attempt to push price down.

The curve base structure is signaling accumulation.

Demand zones are holding perfectly.

Minor BOS adds more weight to bullish bias.

All these are classic MMC psychological footprints.

⚙️ Trade Plan (Educational Purpose Only):
🔹 Bullish Bias:
Entry: On confirmation above the minor BOS or demand retest.

Stop: Below the recent demand zone.

Target: $34.50 Major Resistance area.

🔹 Bearish Watch:
If price rejects from the curve or fails to hold above demand zone…

Price could revisit $32.50 or lower to re-test curve zone again.

📘 Final Thoughts:
This chart is a masterclass in how Mirror Market Concepts work. From the curve zone support to the demand hold, and now a clear target in sight, everything is lining up beautifully.

If you’re a price action trader, this is the kind of structure you wait weeks for.
If the bullish scenario plays out, we could see Silver make a strong run toward the $34.50 resistance zone in the coming days.

Keep your eyes on:

Curve zone support holding

Demand confirmation

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.