SILVER Buy now 33.4800tp 33.5000
tp 33.5200
tp 33.5400
tp 33.5600
tp 33.5800
sl 33.4000
Silver / U.S. Dollar forum
SILVER Buy now 33.4800tp 33.5000
tp 33.5200
tp 33.5400
tp 33.5600
tp 33.5800
sl 33.4000
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XAGUSD Silver's Double Top Signals Bearish Reversal
SILVER is setting up for Monday/Tuesday, so be ready. A quick word on trading and other traders - trading is not a game or a gamble, neither is it a place to joke and play around. We live in a world where some traders take this as competition with others and walk around seeing who they can criticise. It's not good, doesn't look good on them and it discourages those who are trying to learn. Trading is not 100% right all the time, so be careful with those who walk around thinking they have it all figured out and those who criticise easily. We dealing with money here, this isn't a game, take it seriously, it's your money, if they joke with you as a trader they also don't value or respect your money. It's YOUR money and only you can treat it they way YOU want to. #ToTheMoon
XAGUSD "XAG/USD Weekly Chart – Bearish Double Top Pattern with Target and Stop Loss Levels (2025)"
SILVER technically it's a STRONG buy
SILVER if brokes 33.20 for 1h - > 33.80
XAGUSD SILVER Silver Steadies as Demand Returns
Silver (XAG/USD) traded near $33.10 on Friday, rebounding from losses as safe-haven interest returned amid U.S. fiscal concerns. Trump’s proposed tax bill, passed in the House, is expected to increase the deficit by $3.8 billion, adding pressure to the dollar and supporting precious metals.
While broader economic and trade uncertainty weighed on industrial metal demand, silver remained supported by strong industrial use. China’s wind and solar capacity surged to nearly 1,500 GW in Q1 2025, with photovoltaic power up by 60 GW. In Europe, solar output rose 30% year-over-year.
Moody’s downgrade of the U.S. credit rating, citing a potential rise in federal debt to 134% of GDP by 2035, further increased silver’s appeal.
Key resistance is at $33.80, with further levels at $34.20 and $34.90. Support is found at $32.30, followed by $31.40 and $30.20.
XAGUSD Bearish Rising Wedge Pattern on XAG/USD with Target and Stop Loss Levels – May 23, 2025"