Logical Market Structure Analysis (Monthly Timeframe)
This is a very long-term monthly chart spanning from the 1960s to 2027 projection.
Key Observations:
Silver has been in a multi-decade ascending channel (black trendlines).
The chart clearly shows repeated tests of major lows followed by strong recoveries.
Supply Roof (Red Line) turning into Demand Floor: Yes, this is a classic Role Reversal. What was previously resistance (supply) is now acting as strong support on multiple occasions — a very bullish sign.
Current price is consolidating above this flipped zone, showing higher lows.
Current Structure:
Bullish Bias on the monthly timeframe.
Silver is respecting the long-term uptrend channel.
The area around the flipped supply roof is acting as dynamic support.
Silver TO Go Parabolic to $200?
Structural Deficit: silver has a real structural deficit (industrial demand > supply). This is supportive for higher prices long-term.
Technical Outlook:
As long as price holds above the flipped supply roof (now demand) on monthly timeframe , the long-term uptrend remains intact,while a break and close on monthly will mean a deeper correction
Next mejor demand will follow structure .
#silver #xagusd
This is a very long-term monthly chart spanning from the 1960s to 2027 projection.
Key Observations:
Silver has been in a multi-decade ascending channel (black trendlines).
The chart clearly shows repeated tests of major lows followed by strong recoveries.
Supply Roof (Red Line) turning into Demand Floor: Yes, this is a classic Role Reversal. What was previously resistance (supply) is now acting as strong support on multiple occasions — a very bullish sign.
Current price is consolidating above this flipped zone, showing higher lows.
Current Structure:
Bullish Bias on the monthly timeframe.
Silver is respecting the long-term uptrend channel.
The area around the flipped supply roof is acting as dynamic support.
Silver TO Go Parabolic to $200?
Structural Deficit: silver has a real structural deficit (industrial demand > supply). This is supportive for higher prices long-term.
Technical Outlook:
As long as price holds above the flipped supply roof (now demand) on monthly timeframe , the long-term uptrend remains intact,while a break and close on monthly will mean a deeper correction
Next mejor demand will follow structure .
#silver #xagusd
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.
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.