Silver Holds Near 13-Year High Amid Tariff UncertaintySilver held above $36.80 Friday, near 13-year highs, as renewed trade tensions supported safe-haven demand. Markets grew cautious after Trump announced plans to send tariff letters, and as the House passed his tax and spending bill, expected to widen the deficit by over $3 trillion. Silver’s gains were capped by a surprisingly stronger June US jobs report, which eased recession fears and reduced near-term Fed rate cut pressure.
Resistance is at 37.50, while support holds at 35.40.
SILVER trade ideas
Silver sideways consolidation support at 3500The Silver price action continues to exhibit a bullish sentiment, underpinned by a prevailing rising trend. However, recent intraday moves indicate a corrective pullback, reflecting short-term consolidation within the broader uptrend.
Key Technical Levels:
Support:
3,500 – Primary support and previous consolidation zone; critical for maintaining bullish structure.
3,450 – Secondary support; potential downside target if 3,500 fails.
3,390 – Key lower support; aligns with a broader demand area.
Resistance:
3,720 – Immediate upside resistance; first target on a bullish bounce.
3,790 – Intermediate resistance; aligns with recent swing highs.
3,850 – Long-term resistance target; marks the upper boundary of the current bullish channel.
Scenario Analysis:
Bullish Continuation (Base Case):
A bounce from the 3,500 level would affirm the corrective pullback as temporary, with potential for a bullish continuation targeting 3,720, followed by 3,790 and 3,850 over a longer timeframe.
Bearish Reversal (Alternative Scenario):
A daily close below 3,500 would undermine the current bullish outlook and signal a deeper retracement, with downside risk toward 3,450 and potentially 3,390, where structural support may stabilize price.
Conclusion:
Silver remains structurally bullish, with the current pullback offering a potential entry point within the trend. The 3,500 level is the key pivot—holding above it supports further upside continuation, while a breakdown below would raise the risk of a deeper correction. Traders should watch for price action confirmation at this level to validate the next directional move.
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SILVER RESISTANCE AHEAD|SHORT|
✅SILVER has been growing recently
And the pair seems locally overbought
So as the pair is approaching a
Horizontal resistance of 3730$
Price decline is to be expected
SHORT🔥
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SilverCOT: The Managed Money net long remains high at approximately 45,000 contracts. A recent correction of Δ = –4,000 indicates some position unwinding, but the absolute long exposure is still firmly in bullish territory.
ETF Flows: Silver ETFs saw net inflows in June, signaling increased investment interest.
Daily Chart (D1): A bullish flag has formed following the July 1 impulse, with the flag pattern repeating throughout the week.
50-Day EMA: Around $35 – price is holding above this level, confirming the medium-term uptrend.
Silver continues to trade in a medium-term uptrend, supported by declining U.S. real yields, a weaker dollar, and ongoing ETF inflows into precious metals. Despite some reduction in speculative long positions (COT), the overall net long remains substantial.
Technically, price is consolidating above the 50-day EMA on the daily chart and preparing to test resistance at $37.30. A breakout above this level would confirm further upside toward $38.30, whereas a false breakout off the EMA50 (near $37.30) would provide a strong downward impulse and a long entry opportunity with a strict stop-loss ≤ 0.4%.
Trade Ideas:
SHORT at $37.40 on a false breakout above resistance.
LONG near $36.00, based on a double-bottom pattern on the 5-minute chart.
Avoid trading a clean breakout above $37.30—stop-loss would be too large.
Risk Management:
Stop-loss: 0.6%
Take-profit targets: Risk-Reward ratios of 1:3 and 1:5.
Watching Silver Prices After Recent HighsI see 3 main scenarios for silver's next few moves. I don't expect its lower support levels to be tested if the pattern represents the yellow path. I expect the green scenario to be the most likely outcome. Blue wouldn't surprise me either ($$) especially as the dollar's performance has a downward momentum.
DYOR
Trade Slick
Silver approaching key resistance barrierLooking at MARKETSCOM:SILVER , we can see that the price action is approaching the highest point of June. If that gets cleared, the next target might be the highest point of 2012. Let's dig in.
TVC:SILVER
Let us know what you think in the comments below.
Thank you.
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SILVER: The Market Is Looking Up! Long!
My dear friends,
Today we will analyse SILVER together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 36.830 Therefore, a strong bullish reaction here could determine the next move up.We will watch for a confirmation candle, and then target the next key level 36.903.Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
XAGUSD Analysis : Consolidation & FMFR Setup + Target🧭 Technical Overview:
Silver has had a strong bullish rally that started after the breakout of a long-term symmetrical triangle pattern. This breakout marked a Major Break of Structure (BOS) and shifted the overall market sentiment toward the bulls. Since then, price has been consolidating under a major resistance zone, forming a compression range, which is now shown as a blue elliptical zone in the chart.
This ellipse is not just a consolidation area — it represents a neutral compression zone where price can explode in either direction. The price action inside this area has been choppy and manipulative, sweeping both local highs and lows without real follow-through — a perfect environment for a Fake Move – then Reversal (FMFR) strategy.
🔍 Key Chart Components:
🔹 1. Ellipse (Dual Directional Zone)
This region shows indecision. Price is coiling inside, creating higher lows and lower highs — a volatility squeeze. A breakout from this ellipse is likely, but the first breakout move may be fake, followed by a quick reversal.
🔹 2. Major BOS (Break of Structure)
Price broke out of a long-term descending structure and pushed strongly upward, which marked a significant bullish shift. The pullback after that BOS was shallow — a sign of continued strength — but now we’re at a decision point.
🔹 3. Resistance Zone (Previous Target Area)
The price is now retesting a strong historical resistance around $37.00–$38.00, where we’ve seen rejections before. This is the liquidity zone where breakout traders enter long, but institutions may sweep them for liquidity before reversing.
🔹 4. Minor and Major CHoCH Levels
Minor CHoCH: Around $35.00–$35.50
Major CHoCH: Near $33.80–$34.00
These are reversal zones to watch if a fake move to the upside occurs and price rolls over.
📉 FMFR Setup Explained:
FMFR (First Move Fake Reversal) is a market behavior pattern where:
Price fakes a breakout in one direction (e.g., above resistance).
Attracts liquidity (traders’ orders).
Reverses rapidly in the opposite direction, trapping those who entered late.
In your chart, the blue notes say:
“In This Case, XAGUSD Have to Gave FMFR From Anyside”
“First Move Fake Then Reversal”
This highlights that no matter which direction the market initially breaks, it’s likely to reverse shortly afterward. This pattern is often seen before major moves when the market seeks to clear liquidity.
🔄 Scenarios to Watch:
🅰️ Bull Trap (Fake Breakout)
Price spikes above $37.80–$38.00.
Sweeps the highs and rejects sharply.
Reversal triggers below the ellipse, heading toward minor/major CHoCH.
🅱️ Bear Trap (Fake Breakdown)
Price dips below $35.00 (minor CHoCH).
Triggers panic sells.
Then rebounds quickly into the previous high zone or beyond.
⚙️ Trading Strategy Ideas:
Wait for Confirmation: Enter only after a confirmed breakout and retest OR a fakeout with reversal candles (e.g., engulfing, pin bar).
Use Tight Risk Management: Place stops outside sweep zones. This setup is volatile and can trap undisciplined trades.
Watch Volume & Wicks: Spikes with wicks and no close beyond the level usually confirm FMFR setups.
🔐 Key Levels to Watch:
Zone Price Level Action
Major Resistance $37.00–$38.00 Watch for fakeouts
Minor CHoCH ~$35.00–$35.50 Reversal entry zone
Major CHoCH ~$33.80 Last line of bullish defense
📝 Final Thoughts:
This is a textbook FMFR compression setup, where volatility is building inside a symmetrical price zone. The first aggressive move from this region is likely to be deceptive. Smart money traders look for trap setups, not the obvious direction. Silver is approaching a high-risk, high-reward decision zone, and staying patient will be key.
📊 Wait. Observe. React — don’t predict blindly.
SILVER Short From Resistance! Sell!
Hello,Traders!
SILVER is trading in an
Uptrend but the price will
Soon hit a horizontal resistance
Area around 37,32$ from
Where we will be expecting
A local bearish correction
Sell!
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XAGUSD Strong accumulation waiting for a break-out. Silver (XAGUSD) has been trading within a 3-month Channel Up pattern and since the June 18 Higher High, it has entered a Descending Triangle.
This has previous been an Accumulation pattern, which after broken to the upside, it led to June's High. Similarly, we expect a bullish break-out once the 4H RSI breaks above its MA, and as long as the 4H MA200 (orange trend-line) holds, we expect a +15.50% minimum rise (like the first Bullish Leg of the Channel Up), with our Target se at 40.500.
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SILVER: Local Bearish Bias! Short!
My dear friends,
Today we will analyse SILVER together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 36.897 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️