SILVERCFD trade ideas
SILVER: Target Is Up! Long!
My dear friends,
Today we will analyse SILVER together☺️
The market is at an inflection zone and price has now reached an area around 32.356 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 32.538.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
SILVER INTRADAY consolidation supported at 3200Key Support and Resistance Levels
Resistance Level 1: 3300
Resistance Level 2: 3364
Resistance Level 3: 3405
Support Level 1: 3200
Support Level 2: 3136
Support Level 3: 3095
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Silver Slips on Trade Optimism and Weak Economic Data Silver prices dropped over 1% on Thursday, slipping to around $32 per ounce, dragged by reduced safe-haven demand following Trump's optimistic remarks on potential trade deals with China, India, Japan, and South Korea.
Weak economic data further pressured prices, with the U.S. economy contracting by 0.3% and China’s manufacturing PMI falling to a 16-month low, raising concerns about industrial demand.
Today, silver is showing signs of recovery amid improved risk appetite, with the market focus on the $34.90–$35.00 resistance zone as a key technical level.
Narrow Range: $31.30 – $33.70
Wide Range: $28.50 – $34.90/35.00
Silver H4 I Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 32.73, which is a pullback resistance aligning with the 61.8% Fibo retracement.
Our take profit will be at 31.90, an overlap support level.
The stop loss will be placed at 33.62, an overlap resistance level.
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Fri 2nd May 2025 XAG/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAG/USD Sell. Enjoy the day all. Cheers. Jim
SILVER: Bears Are Winning! Short!
My dear friends,
Today we will analyse SILVER together☺️
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 32.154 will confirm the new direction downwards with the target being the next key level of 31.906.and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
SILVER Is Very Bearish! Sell!
Here is our detailed technical review for SILVER.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 3,304.4.
The above observations make me that the market will inevitably achieve 3,212.0 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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XAGUSD - SILVERSupport and Resistance clearly defined in the chart.
2 Scenarios on my mind is as follows:
Short Term:
Silver Drops to 32 (rounding), where there is a strong long time support for that area. and Target 1 "T1" is at 33.677 (33.600)
Where Long Term due to the lagging effect from gold, long term outlook is heading towards the 34.134 "T2" and 34.578 "T3" and settle there till it moves up again.
Silver Holds Above Key Breakout Zone: Bullish Momentum ContinuesSilver is trading above the former resistance zone of 32.65–32.80. As long as the price remains above this area, I will be considering only long positions.
Overall, I expect the upward movement to continue. The chart structure is very harmonious, with strong buying from the lows, a supportive broader market sentiment for commodities, and a clear uptrend on higher timeframes.
Silver Breakdown: Waiting for the next Buy ZoneWe've confidently broken through the support levels at 32.40 and 32. The chart looks strongly bearish, and there's a high probability that the downward move will continue. I expect the price to reach the 30.80–31 area, where I'll be watching the consolidation to consider a potential long position.
Overall, I remain very optimistic about the commodities market this year. Silver has yet to fully realize its growth potential, so after these broad pullbacks, it’s likely to continue pushing toward higher levels.
For now, it’s too early to go long, and I won’t be participating in the short move.
📝Trading plan:
Waiting for a lower price to continue buying.
Evening Star Pattern on XAGUSD – Downtrend Ahead?Last week, XAGUSD managed to break above the 33.15 resistance level, making a local high at 33.70.
However, the price quickly reversed and formed an Evening Star candlestick pattern, signaling selling pressure.
At the time of writing, the price is hovering around 33.00 – a key pivot point for the next move.
The bias leans toward a downside continuation:
- A clear break below 33.00 opens the way for a further drop toward 32.00,
- With a potential final target at 31.00.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
SILVER: Strong Growth Ahead! Long!
My dear friends,
Today we will analyse GOLD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 32.688 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
Silver Bullish Crab PatternThe potential surge in silver prices is being closely monitored, particularly as buyers exhibit a notable interest around the significant Fibonacci golden level at a price point of $32.20.
This level serves as a crucial indicator for market participants, suggesting that a breakout could lead to substantial upward momentum.
I