Silver Daily Trade SetupIn this update we review the recent price action in the Silver futures contract and identify the next high-probability trading opportunity and price objectives to target. To review today's video analysis, click here!
SILVERMICX2024 trade ideas
Possible path for SILVER?A bullish chart for Silver suggesting that a 5th wave is imminent or perhaps even started already. Elliott Wave theory says that the 4th wave often comes down to the level of the 4th wave of the lesser degree but in that case it hasn't done that so I am a still a bit wary if the 5th wave has started or not.
Silver Futures BUY for short term retrace I'm cautious as market awaits FOMC tonight , but it's early in Europe and we have time for some retracement beforehand .
Long at 3440
Stop 3408
Target 3475
Price has retraced to an area of good liquidity in terms of previous activity and a Fibonacci retrace of most recent move , all in a generally upbeat market . Covering of shorts worried before tonights FOMC announcement could be enough to move price around .
E
Future Nearing.Been peeped Silver since 2023, watch as price rally above $42 soon. Especially with Gold topping out above $3K. The future, full of robotics and humanoids, is nearing. Who’s ready? Who’s scared? Who’s taking advantage of this opportunity?
Whatever happens, do not fomo, stay calculated.
Silver Futures: Bullish Bias with Volume Confirmation
Recent candlesticks indicate strong upward momentum after a pullback.
There is a higher low formation, suggesting a possible continuation of the uptrend.
The presence of long wicks in recent candles suggests volatility and buyer strength.
Support Levels: Around $33.20 - $33.40 (recent swing low and moving average support).
Resistance Levels: Near-term resistance around $34.40 - $34.60 (recent highs).
The price is moving towards the upper Bollinger Band, indicating bullish pressure.
Declining volume on pullbacks suggests weak selling pressure.
Short-term: Bullish
Medium-term: Bullish as long as price remains above $33.20
Long-term: Bullish if price continues to hold higher lows
SILVER MCX OUTLOOK MARCH 2025SILVER MCX:
The Worlds Most Underperforming Asset SILVER, has started to gain some momentum. Today on 13th March 2025 (Thursday) cross all time highs and touched phychological level of 1Lac per Kilogram in INR.
We are currently mildly bullish on Silver MCX, its trading in a rising Wedge Techical Pattern which and expect SILVER to touch levels of wedge pattern Resistance of 1,03,200/- Per Kg (Marked on the Chart) in Next 15 to 20 Days. Currently Weaks low of 96355 should be Stoploss for the long traders.
SILVER is a very volatile commodities do not forget to place stoploss.
Silver Buy Gold Sell I am showing you (Silver-Gold) pair .
MCX:GOLD1! is Showing a bearish pattern while MCX:SILVER1! is showing a bullish pattern.
Also the Silver-Gold Pair is showing a break out after consolidating.
Looking all these is likely we can see the pair moving from 11k to 23K-24K.
This post is just my perception and for study purpose only.
I am not a SEBI registered analyst. As stock market has risk of loosing money.
Please invest your hard earned money carefully.
I cannot be held responsible for any loss in the stock/Commodities market.
Silver - Can we cross 100K this time?The chart is self-explanatory as always.
But the big question remains—can silver break past the 100k mark this time?
The ongoing trade war between the U.S. and other nations fuels geopolitical uncertainties, which historically redirects attention toward safe-haven assets like gold and silver.
Adding to the bullish case, industrial demand for silver continues to rise as we find new industrial uses for it.
However, Is it enough to cross 100K?
This level remains a major resistance zone. Breaking it in a single attempt seems unlikely unless a significant catalyst comes into play. A period of consolidation within a range appears more probable before any decisive move.
What do you think will happen here?
Remember, These are just my personal opinions which can go terribly wrong.
Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.
Gold silver oil3.3.25 this is the second video today. in this video we get to look at gold and silver leads to the tools that we use....... and I get a chance to equivocate on oil and decided that I wouldn't take a trade because of my uncertainty.... but it's still worth looking at the process. oil could have been a fabulous trade if I had spotted it.... it but right now if you're new to what I'm doing you want to look at the process and get very comfortable with the tools that I'm using before you start trading. if the market comes to a support and you want to be a buyer, you still need to know where the sellers are because that's where the markets likely to reverse and trade against you.
Silver Micro Futures: Bullish Momentum Faces Resistance – What’sSilver Micro Futures: Bullish Momentum Faces Resistance – What’s Next? 🚀
Silver Micro Futures (MCX) is showing strong bullish momentum, currently trading around ₹95,394, with recent price action challenging a key resistance zone near ₹97,869.
🔎 Candlestick Psychology Breakdown:
Recent Rejection at ₹97,869 📉
The highlighted area shows a sharp rejection after testing this major resistance, forming a bearish rejection wick.
This signals strong selling pressure at higher levels, where buyers failed to sustain momentum.
Current Bullish Attempt 📈
Price is stabilizing above support and attempting another push.
The higher lows indicate continued demand, suggesting a possible breakout if bulls gain strength.
🔥 Key Levels to Watch:
✅ Resistance: ₹97,869 (Breakout Confirmation Level)
✅ Support: ₹94,500 (Holding Above = Bullish)
✅ SMA Support: Mid-term trend remains intact as price stays above the 50-day moving average.
💡 Potential Scenarios:
📊 Bullish Case: A daily close above ₹97,869 could trigger a rally toward ₹100,000+ levels.
📊 Bearish Case: Failure to break resistance might lead to a retest of ₹94,500 before another upward move.
📢 Verdict: The market is at a crucial decision point! Watch for a confirmed breakout or a pullback before making your next trade. 📊🚀
Weekly Market Forecast Feb 17-21stThis is an outlook for the week of Feb 17-21st.
In this video, we will analyze the following FX markets:
ES \ S&P 500
NQ | NASDAQ 100
YM | Dow Jones 30
GC |Gold
SiI | Silver
PL | Platinum
HG | Copper
FOMC on Wednesday. The news could impact the direction of the USD Index, so be mindful of it. The markets had a relatively bullish week. Trumps reciprocal tariffs study announcement eased some of the tension in the markets also allowed equities to run higher.
The metals saw a bearish turn at the end of the week, but caution should be taken if considering shorting these markets. The overall bullish trend is still in tact.
Enjoy!
May profits be upon you.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
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