Silver / U.S. Dollar (per 0.1) forum
SILVER when small timeframes have too much noise, so it’s good to watch out weekly and monthly ones to see the trend📈
XAGUSD Silver Surges to $31.7 on Fed Speculation and Supply Deficit
Silver jumped past $31.7 per ounce on Thursday, a six-week high, as Fed policy speculation boosted demand for non-yielding assets.
The Silver Institute projected a fifth straight annual supply deficit despite higher output from China, Canada, and Chile.
Investors also assessed industrial demand, particularly from Chinese solar panel manufacturers, a key driver of silver consumption.
Technically, the first resistance level will be 32.00 level. In case of this level’s breach, the next levels to watch would be 32.50 and 32.90 consequently. On the downside 30.90 will be the first support level. 29.80 and 29.30 are the next levels to monitor if the first support level is breached.
SILVER don't FOMO short. Set again a short limit at 31.6. SL at 31.8
SILVER 4H T.F indicates Silver is testing the support zone for more fly. don't enter in sell positions till we have confirmation about breakdown or pull back
SILVER should have bought more XDI did warn y’all NOT to sell, SILVER will hit $33 easily
SILVER will hit $33 easilySILVER Sell. Set Sell limit to 31.6 SL-31.8, TP1 30.956 TP2- 30.8
XAGUSD entry 31.169Sl 30.786
Tp 31.988
XAGUSD SILVER Silver Prices Flat, Fed and US Tariffs in Focus
Silver remained steady at around $30.40 per ounce on Wednesday as traders awaited the Fed’s policy decision. The central bank is expected to keep rates unchanged despite pressure from President Trump to lower borrowing costs.
Investors also assessed potential US tariffs, with Trump planning levies on Canada and Mexico by Saturday, while tariffs on China remain under consideration. Meanwhile, overcapacity in China’s solar panel industry may dampen silver demand.
Key resistance is at 31.00, with further levels at 31.80 and 32.50. Support stands at 29.85, followed by 28.80 and 28.50.
XAGUSD good morning everyone