SILVER – Breakout Attempt Underway SILVER | 1H TIMEFRAME
Price is breaking out of the falling wedge + forming a cup-type rounded bottom from support.
📊 Technical Overview:
• Cup formation breakout spotted ✅
• Price attempting to sustain above falling wedge resistance
• 55 EMA & 25 EMA crossed bullish
• Volume buildup visible
•
Contract highlights
Related commodities
Speculative Silver target USD42 by November 2025Hello,
Its always a bit risky choosing a price target AND a timeframe, but here is mine, lets see how it unfolds.
Silver is looking like it is going to do a "short, sharp" correction, as the wave two correction (April to June 2025) was slow and complex. Then it will head for $42. The correction ma
Silver - failure to break highs yesterday...This week is news packed... I was hoping to see Silver break above recently lower highs.
I am out of all positions - but I would not be surprised to see further breakdown in a second corrective leg, finding support at the FVG above next fib retracement.
Like I said, though, this week has alot of
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The current price of Silver Futures (Jul 2028) is 42.005 USD / APZ — it has fallen −2.03% in the past 24 hours. Watch Silver Futures (Jul 2028) price in more detail on the chart.
Track more important stats on the Silver Futures (Jul 2028) chart.
The nearest expiration date for Silver Futures (Jul 2028) is Jul 27, 2028.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Silver Futures (Jul 2028) before Jul 27, 2028.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Silver Futures (Jul 2028) this number is 6.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Silver Futures (Jul 2028) shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Silver Futures (Jul 2028). Today its technical rating is neutral, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Silver Futures (Jul 2028) technicals for a more comprehensive analysis.