Silver / U.S. Dollar forum
Earlier, we were looking to buy silver around 35.300 from a strong hidden level.
Now, from this area, silver is showing signs of moving further upward,
with a potential target around 37.200.
Nothing has changed — the trend is still bullish, and I believe the breakout from this range will be strong to the upside.
I'm holding long positions and occasionally scalping on lower timeframes.
Sticking strictly to long setups only.
Silver Holds Near 13-Year High Amid Tariff Uncertainty
Silver 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.

Bear Stearns and Lehman Brothers will be small compared to this.
