Silver Daily Trade SetupIn this update we review the recent price action in the Silver futures contract and identify the next high-probability trading opportunity and price objectives to target. To review today's video analysis, click here!
Contract highlights
Silvermic go upPivot points chart paterns Fibonacci analysis on chart go up
Trade on your own risk no any advice
Silver Swing Short Trade idea based on supply and demand principles, intermarket analysis, COT positioning and cross market valuation. Following a structured approach with clear entry, risk management, and confluence factors.
CHANDI CHANDI CHANDIChandi made classic triangle pattern on daily charts & its on the verge of breaking out of golden triangle .
Risk:Reward = 1:3
Could b bought above 93660 with short/long term stoploss & mentioned target.
silver read for bullish runBreaking out of multi-year cup and handle. Considering this lags gold's movement +has industrialization use we could see a major run in silver.
Gold and Silver-Against time, Against the DollarThe DXY will determine what kind of week Monday brings
Silver Futures BUY for short term retrace I'm cautious as market awaits FOMC tonight , but it's early in Europe and we have time for some retracement beforehand .
Long at 3440
Stop 3408
Target 3475
Price has retraced to an area of good liquidity in terms of previous activity and a Fibonacci retrace of most recent move , all in a gener
Silver. Bulls still winning.Silver.
Bulls still winning.
MACD also moving upwards after a 3 year consolidation
only the 3rd time in 50 years
Future Nearing.Been peeped Silver since 2023, watch as price rally above $42 soon. Especially with Gold topping out above $3K. The future, full of robotics and humanoids, is nearing. Who’s ready? Who’s scared? Who’s taking advantage of this opportunity?
Whatever happens, do not fomo, stay calculated.
Silver Futures: Bullish Bias with Volume Confirmation
Recent candlesticks indicate strong upward momentum after a pullback.
There is a higher low formation, suggesting a possible continuation of the uptrend.
The presence of long wicks in recent candles suggests volatility and buyer strength.
Support Levels: Around $33.20 - $33.40 (recent swing low
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The nearest expiration date for Silver Futures (May 2021) is May 26, 2021.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Silver Futures (May 2021) before May 26, 2021.