Primary Silver countInspite Friday's hard dump, I fully expect Silver to hold the $31 level and reverse hard early this week...we will likley see one more sell off later today or on Monday...then take off. My primary count remains very boolish!
SILVER trade ideas
Silver is still flirting with its key short-term resistance areaLooking at the current technical right now, we can see that MARKETSCOM:SILVER bulls are trying to find strong grounds to lift themselves and travel back to the current all-time high. However, certain boxes have to be ticked first, before we can get a bit more comfortable with further action to the upside.
TVC:SILVER
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Trendline breakThe price has broken a bullish trendline, signaling a possible bearish move, the price has also made a pullback, now if the price makes a lower low, we go short.
WE ONLY TRADE PULLBACKS
SILVER Is Very Bearish! Sell!
Here is our detailed technical review for SILVER.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 32.444.
The above observations make me that the market will inevitably achieve 30.847 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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XAGUSD - BullishXAGUSD (Silver) is in uptrend and currently testing 0.618 Fib level. We also have a trend line support.
Silver (XAG/USD) Gaining Momentum – Next Target $32-$33?Silver is showing strong bullish momentum, currently trading around $31.53, with a +1.25% gain. The price has broken above key resistance levels and is now trading above the 200 EMA (currently at $30.48), which signals a potential continuation of the uptrend.
There's a fair volume range above, along with an internal liquidity level (Int. LQ), which could act as the next target. The market has already filled a previous market block (MB), suggesting that the structure is clean for further upside.
If this bullish momentum holds, the price could push toward $32 - $33 in the short term. A retest of support near $30.50 (200 EMA) would still keep the uptrend intact.
SILVER Sellers In Panic! BUY!
My dear subscribers,
My technical analysis for SILVER is below:
The price is coiling around a solid key level - 32.147
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 32.524
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
Silver versus The SpxSilver most likely breaks out versus stock markets AFTER they crash.
This also requires aggregate of market participants realizing stock markets are entering a prolonged bear market.
That is how a proper capital rotation takes place.
XAGUSD SILVERSILVER rejected 33.376 on Friday, followed the same path with gold. Silver is significantly influenced by industrial demand, with over half of its total demand coming from industrial applications , renewable energy and semiconductors taking larger share. This makes it more sensitive to economic cycles than gold. Silver acts as an alternative inflation hedge in times Geopolitical risks and uncertainty which could make investors look into silver as a safe-haven asset.
Am bullish on silver and it will out shine gold based on large scale industrial demand for complex military application.
Silver relative to GBP/ GBM2We see silver is now gaining over GB M2 expansion in GBP. Therefore it is being used as a hedge and offers real gains as well as keeping up with GB M2. With GBM2 doubling every 9 or so years (8.% per annum), by 2035 the bottom, mid and top of the channel will become £50, £92 and £170 is M2 doubles from now.
Next week Idea The rejection at 33.165 was massive. I saw it late that's why I didn't share in my insight before the massive drop form that point of interest.
Next wee might just be bearish for most of the days, probably Tuesday would be the weekly high, Thursday and Friday weekly low.
What's your insights on Silver?
Kindly boost of you find this insightful 🫴
Silver Bullish Pennant breakout retestThe Silver (XAGUSD) price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The price action creates a sequence of higher highs and higher lows. The recent consolidation appears to be breakout and a retest of a bullish pennant.
The key trading level is at 3171, which is the current swing low. A corrective pullback from the current levels and a bullish bounce back from the 3171 level could target the upside resistance at 3274 followed by the 3308 and 3340 levels over the longer timeframe.
Alternatively, a confirmed loss of 3171 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 3125 support level followed by 3076.
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Silver's Bullish Momentum: Can It Rally Another +12.14%?Hey Realistic Traders, A lot of uncertainty looms after Donald Trump was officially sworn in as President. Will Safe Haven Assets, such as OANDA:XAGUSD Rise Again?
Let's dive into the analysis...
Silver has tested the EMA-200 line more than twice in the past year. This retracement often signals a strong bullish trend.
On the daily chart, Silver has formed a falling wedge pattern, followed by a breakout. The breakout, combined with a bullish MACD crossover, suggests the trend is likely to continue upward.
Based on these technical indicators, the price is projected to rise toward Target 1 at $33.0811 or potentially Target 2 at $34.5649, as long as it stays above the critical stop-loss level of $28.7040
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"Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Silver".
Xagusd Bearish IdeaSilver has accumulated and created a fakeout in a higher TF PD array, therefore I'm anticipating a potential bearish reversal. Potential Bullish London and a bearish NY session
Silver is the wayHi, while everyone is looking at BTC i'm stacking XAG
Final wave count (5) unfolding for a macro target at about 128$ aprx.
Yearly volume magnificent.
Strong cash inflow - SilverGiven the increase in metals and the stability of silver prices, silver can be considered a very good option for a 6-month investment. In this analysis, it is necessary to mention the past increase in silver, and since the volume of this increase was very large, it is likely that this upward trend will continue in this analysis.
Sasha Charkhchian
Name a better setup than this! Silver in triple digits by 2026 What a setup for Silver! Massive cup and handle on weekly and monthly charts and VERY favorable macro conditions all around!
Once that weekly resistance breaks, we're off to the 100s 🚀
Silver Parabolic Move Confirmation? A close above $32.65 would confirm that Silver is starting to move higher quicker. Note the transition from the lower gradient channel to a stepper channel. I believe today's move is shorts getting blown out. The move is just beginning.
Silver channel. Lift off34.27 target. Price action shows massive shorts trying to keep it down. Market wants to go higher but every break gets smashed irrationally. I believe they are out of bullets.
Silver- Rise above 33After dipping below the 31.70 support level twice, silver managed to recover and is now testing the key 32.30 resistance zone again.
Given the chart structure and price action over the past 48 hours, I believe an upside breakout is likely, with the potential for acceleration above 33.
In conclusion, my strategy is to buy on dips, with invalidation set below the recent spike low.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Silver at $32.90, Asian Demand Fuels RiseSilver jumped to $32.90 on Friday morning, fueled by increased demand for safe-haven assets amid rising trade tensions and geopolitical risks. Additionally, strong demand from China and other Asian markets has further supported silver prices.
From a technical perspective, $33.15 is the first resistance level, with further targets at $33.80 and $34.50 if the price breaks higher. On the downside, $31.40 serves as the first support level, followed by $30.90 and $30.20 if selling pressure intensifies.
Silver UpdateHow are you my friends?
This chart I talked about before at 29 and that the decline does not mean a collapse
This is the result of my words and as I saw them I was with you in the decline and then the rise again
I also talked a lot about the general trend being upward in the long term at least 33 and above to 37 and this is not for the speculator!
We will talk soon about any interesting movements
