Will the markets sell off for a third week in a row?Can the SPY and QQQ break out to the upside making new highs or do we get a third sell off over the weekend? Lets see where the markets close today.
SILVER trade ideas
SILVER Set To Grow! BUY!
My dear friends,
SILVER looks like it will make a good move, and here are the details:
The market is trading on 32.086 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 32.264
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
Silver is a problematic zone and can slide downSilver produces similar dynamics, as Gold (as silver has a proven statistical correlation with gold), but it might contain hidden weakness. The price crossing the static resistance level of $32 puts silver in a problematic zone, where it can either develop a continuation of upswing (white scenario), or fall down from the peak, as displayed in the orange scenario.
Should Gold stop growing, silver might trigger a profit-taking rally (with a sharp decline), breaking its winning streak.
Don't forget to always do your own research and manage your risk!
SilverXAGUSD ( Silver /U.S Dollar )
Break of Structure and Retracement
RSI - Divergence
Order Block
Resistance Level
Bullish Channel as an Corrective Pattern in Short Time Frame
SILVER SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
Previous week’s green candle means that for us the SILVER pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 30.919.
✅LIKE AND COMMENT MY IDEAS✅
Silver H4 | Potential bullish breakoutSilver (XAG/USD) is rising towards a potential breakout level and could climb higher from here.
Buy entry is at 32.36 which is a potential breakout level.
Stop loss is at 31.60 which is a level that lies underneath an overlap support and the ascending trendline.
Take profit is identified between 32.90 and 33.03 which is a resistance zone that is bounded by the 61.8% Fibonacci projection and the 161.8% Fibonacci extension.
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Silver Market Update: Consolidation at Key ResistanceAs I mentioned before, I was bullish on OANDA:XAGUSD , expecting the price to reach the 32.30 resistance zone. The price has indeed reached this level and is now consolidating.
With NFP data approaching, we can expect increased volatility, which could determine silver’s next move.
A clear breakout and close above 32.30-32.40 zone would open the door for a rally towards 33.50.
On the other hand, if silver closes below 32, it would indicate that resistance has held, increasing the likelihood of a pullback toward 31.00.
Bullish bounce off overlap support?The Silver (XAG/USD) is falling towards the pivot which is a pullback support and could bounce to the pullback resistance.
Pivot: 31.73
1st Support: 31.20
1st Resistance: 32.55
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XAGUSD bearish Cypher patternOn the daily chart, XAGUSD stabilized and moved upward, with short-term bulls in the lead. The current upward target can be focused on around 33.53, which is a potential short position for a bearish cypher pattern and is also in the previous supply zone.
Silver's Rally Looks Exhausted – Eyeing a PullbackOur last signal on this pair resulted in 290+ pips
Silver losing steam! 📉 Shorting XAGUSD from 32.9784 zone , targeting 30.9891. Let’s see if the setup plays out! 🎯
XAG_USD SHORT This is our Position on Yesterday's Short Idea, well price has been moving sporadic coupled with the news released today.
I still think Silver is bearish temporarily. Although I've closed most of my position in profit, we'll still see how it plays out in the end.
Could Silver's Price Soar to New Heights?In the realm of precious metals, silver has long captivated investors with its volatility and dual role as both an industrial staple and a safe-haven asset. Recent analyses suggest that the price of silver might skyrocket to unprecedented levels, potentially reaching $100 per ounce. This speculation isn't just idle talk; it's fueled by a complex interplay of market forces, geopolitical tensions, and industrial demand that could reshape the silver market landscape.
The historical performance of silver provides a backdrop for these predictions. After a notable surge in 2020 and a peak in May 2024, silver's price has been influenced by investor sentiment and fundamental market shifts. Keith Neumeyer of First Majestic Silver has been an outspoken advocate for silver's potential, citing historical cycles and current supply-demand dynamics as indicators of future price increases. His foresight, discussed across various platforms, underscores the metal's potential to break through traditional price ceilings.
Geopolitical risks add another layer of complexity to silver's valuation. The potential for an embargo due to escalating tensions between China and Taiwan could disrupt global supply chains, particularly in industries heavily reliant on silver like technology and manufacturing. Such disruptions might not only increase the price due to supply constraints but also elevate silver's status as a safe-haven investment during times of economic uncertainty. Moreover, the ongoing demand from sectors like renewable energy, electronics, and health applications continues to press against the available supply, setting the stage for a significant price rally if these trends intensify.
However, while the scenario of silver reaching $100 per ounce is enticing, it hinges on numerous variables aligning perfectly. Investors must consider not only the positive drivers but also factors like market manipulation, economic policies, and historical resistance levels that have previously capped silver's price growth. Thus, while the future of silver holds immense promise, it also demands a strategic approach from those looking to capitalize on its potential. This situation challenges investors to think critically about market dynamics, urging a blend of optimism with strategic caution.
Silver's Rally Reaches Critical ResistanceSilver continues to respect the extended trendline (May 2024–Jan 2025), marking the upper boundary of an expanding consolidation.
A rebound from $28.80 lifted XAGUSD toward the 32.60 resistance, aligning with the lower border of the Oct 2023–Oct 2024 uptrend, supported by haven demand from Trump Tariffs & Trade Wars.
Retracement risks are rising at the lower channel border. A decisive close above 32.60 is needed to extend gains toward 35, 37 & 40. Failure to break higher may trigger a pullback to 30, with further support levels at 29.50, 28 & 26.
- Razan Hilal, CMT
Silver ShortSilver broke the structure and created new LL. It touched the fair vaule gap and corrected upwords but is still in downtrend.
4-hr Silver: At Least Another $1 to the UpsideOver the past month, Silver has experienced an impressive 13% surge, marking a strong bullish trend. Despite notable volatility and multiple pullbacks, the overall momentum remains firmly to the upside. This strength is further validated by the Golden Cross, a historically reliable buy signal that reinforces the long-term uptrend.
However, since Friday, Silver has entered a corrective phase. Currently, the 4-hour chart displays a significant bearish candle, suggesting strong selling pressure. Given this setup, it is possible that the decline could extend into today and tomorrow, as investors might be reallocating capital from Silver to Stocks in response to shifting market conditions.
Despite the ongoing correction, we remain aligned with the broader uptrend and are looking for an optimal entry point to maximize risk-to-reward. Instead of jumping in prematurely, we prefer to enter a long trade near the $31.20 level. This area is particularly significant as it aligns with the critical 38% Fibonacci retracement, a level that could act as strong technical support before the next bullish leg resumes.
XAGUSD - How far will silver go?!On the 4-hour timeframe, silver is above the EMA200 and EMA50 and is moving in its ascending channel. If the correction continues, we can see a demand range. We can buy in that range with an appropriate reward to risk.
Gold demand in China is showing signs of a strong rebound, even as the physical flow of gold from the UK to the United States continues. Meanwhile, analysts at Heraeus Precious Metals have indicated that there is evidence suggesting that the growing demand for silver in the solar industry may have peaked.
Last week, both the Federal Reserve and the European Central Bank acted in line with market expectations. The Federal Reserve decided to keep interest rates unchanged, while the European Central Bank implemented a 25-basis-point rate cut.
Regarding silver, Heraeus analysts questioned whether China could sustain its rapid growth in the solar energy sector. They reported, “The total installed capacity of photovoltaic (PV) panels in China reached 886.66 gigawatts in 2024, marking a 46% increase compared to the previous year.
This 277-gigawatt expansion exceeded industry forecasts and surpassed China’s own 2024 capacity projections by 17 gigawatts. However, while this growth is remarkable, it falls short of the record 54% increase seen in 2023, following a 28% rise in 2021. This trend suggests that China may be approaching its peak photovoltaic capacity growth.”
The analysts also noted that, over the past two years, rapid solar energy growth has been driven by unprecedentedly low photovoltaic module prices, largely due to intense competition among manufacturers. They explained, “However, in 2025, polysilicon producers (GCL and Tongwei) have agreed to limit their production, while solar module manufacturers (Jinko, JA Solar, and Canadian Solar) have reached a minimum pricing consensus to restore profitability. This could drive up the price of solar modules, leading to higher capital costs for projects.”
They added, “Projections indicate that 232 million ounces of silver were used in 495 gigawatts of photovoltaic applications in 2024. If installation rates remain steady year-over-year, solar demand for silver could reach a record 270 million ounces in 2025, an increase of 39 million ounces.”
Meanwhile, U.S. Treasury Secretary Scott Bassett announced that the Trump administration is focusing on reducing the yield on 10-year Treasury bonds rather than the Federal Reserve’s short-term interest rate cuts. Over the weekend, Trump remarked that the Federal Open Market Committee’s decision not to cut interest rates was a “good” move, indicating his emphasis on 10-year yields.
This policy could contribute to financial stability and help control inflation. However, some analysts have warned that Trump’s measures, along with spending cuts by his ally Elon Musk, may not have a significant impact, as a large portion of U.S. government expenditures remains allocated to healthcare, social security, and defense.
According to a report by The Wall Street Journal, economists at Morgan Stanley no longer anticipate that the Federal Reserve will lower interest rates in March. They now predict only one rate cut in 2025, expected in June. As Morgan Stanley stated, “The implementation of tariffs earlier than expected is likely to halt the downward inflation trend at a higher level, making any short-term rate cuts impossible.”
Silver Rallies on Trade War Concerns and Strong Industrial DemanSilver rose above $32 per ounce on Wednesday, a three-month high, as trade and economic uncertainties fueled safe-haven demand. A weaker US dollar also supported prices. The US delayed 25% tariffs on Mexico and Canada but enforced a 10% levy on Chinese imports, prompting Beijing to impose its own tariffs and consider sanctions on US firms. Meanwhile, the Silver Institute projected a fifth consecutive year of market deficits in 2025, driven by strong industrial demand and retail investment, offsetting weaker jewelry and silverware consumption.
Technically, the first resistance level will be 32.50 level. In case of this level’s breach, the next levels to watch would be 33.00 and 33.50. On the downside, 31.80 will be the first support level. 30.90 and 30.20 are the next levels to observe if the first support level is breached.
Bullish Continuation ..... BUY STOP @ 31.746
strong rejection @ 30.800
Further advancement possible if price breaks above 31.746 to 32.810
Silver is now net long on Regression Break UpwardsSilver has move above the swing high and broken the regression channel.
This is now a net-long only pair.
Review a possible trade with an EA to manage the entry and risk.
XAG USD SHORT.This is my current Silver position, price is still very choppy and Bears still very much in the power struggle of the market.
So we'll see how it ends but for now fingers crossed 😅
5-2 Silver: a buy executed based on this score of +5 where Silver still has to go the way of Gold. This metal can still touch the 35 points. With that position the metal has only reached the high of October but if it imitates Gold it can go much further. We have placed a buy at 32,452.
SILVER (XAGUSD): Bullish Rally Expected to ContinueSilver has been in a strong uptrend for over a month, surpassing a key horizontal resistance level.
The ongoing retest of this level is likely to hold within a rising parallel channel, with further upside expected toward the 32.91 resistance level.
Manufacturing Data Fuels Silver's RiseSilver rose above $31.5 per ounce, near its highest since early December, as easing trade war fears and strong manufacturing data stimulated demand. While Trump imposed 10% tariffs on China and 25% on Canada and Mexico, a delay in Mexico’s tariffs eased protectionist concerns. The ISM reported improving U.S. factory activity, reinforcing silver’s industrial demand outlook.
The Silver Institute projected a fifth market deficit in 2025, with strong industrial and retail investment demand outweighing weaker jewelry and silverware demand.
Key resistance levels are 32.50, 33.00, and 33.50. Support stands at 31.80, followed by 30.90 and 30.20.
