Hello Traders 🐺
Many of you have been asking for my thoughts on Silver’s price, so let’s break it down together.
To be honest, it’s not an easy call right now — we’re in a situation where several strong bullish and bearish factors are mixed together, making decision-making a bit tricky.
But don’t worry, let’s take a look at the chart first, then we’ll go over the current global and U.S. economic conditions, and finally come up with a solid strategy 👇
As you can see on the chart, Silver is getting very close to its all-time high around $50. Naturally, many traders start taking profits when we approach such major resistance levels — and honestly, that’s totally reasonable since psychological levels always matter.
However, when you take a closer look at the candles, you can still see a strong bullish momentum holding the trend.
Now, considering the upcoming tariff wars, geopolitical tensions in the Middle East, and the ongoing Russia conflict, things are getting pretty interesting.
Yes, in wartime, both Gold and Silver tend to rise because national currencies lose value — but we also need to remember that wars often bring recessions, and that can lower industrial demand, especially from electronics and tech industries, which are big silver consumers.
When people start prioritizing essentials and hold onto cash, non-essential spending drops, leading to lower demand for silver.
On the other hand, both Gold and Silver have already been in a long-term bullish rally, and prices are no longer ideal for large fresh entries.
As you know, the trend is our friend — until it ends.
From my personal point of view, a partial profit-taking around current levels, followed by re-accumulation during a possible pullback toward the support area I marked on the chart, seems like a smart play.
For example, you could sell half of your position here and buy it back if price dips to that key zone — while keeping the rest for a potential continuation to the upside.
As always, stay disciplined — because:
Discipline is rarely enjoyable, but almost always profitable.
🐺 KIU_COIN 🐺
Many of you have been asking for my thoughts on Silver’s price, so let’s break it down together.
To be honest, it’s not an easy call right now — we’re in a situation where several strong bullish and bearish factors are mixed together, making decision-making a bit tricky.
But don’t worry, let’s take a look at the chart first, then we’ll go over the current global and U.S. economic conditions, and finally come up with a solid strategy 👇
As you can see on the chart, Silver is getting very close to its all-time high around $50. Naturally, many traders start taking profits when we approach such major resistance levels — and honestly, that’s totally reasonable since psychological levels always matter.
However, when you take a closer look at the candles, you can still see a strong bullish momentum holding the trend.
Now, considering the upcoming tariff wars, geopolitical tensions in the Middle East, and the ongoing Russia conflict, things are getting pretty interesting.
Yes, in wartime, both Gold and Silver tend to rise because national currencies lose value — but we also need to remember that wars often bring recessions, and that can lower industrial demand, especially from electronics and tech industries, which are big silver consumers.
When people start prioritizing essentials and hold onto cash, non-essential spending drops, leading to lower demand for silver.
On the other hand, both Gold and Silver have already been in a long-term bullish rally, and prices are no longer ideal for large fresh entries.
As you know, the trend is our friend — until it ends.
From my personal point of view, a partial profit-taking around current levels, followed by re-accumulation during a possible pullback toward the support area I marked on the chart, seems like a smart play.
For example, you could sell half of your position here and buy it back if price dips to that key zone — while keeping the rest for a potential continuation to the upside.
As always, stay disciplined — because:
Discipline is rarely enjoyable, but almost always profitable.
🐺 KIU_COIN 🐺
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.