Continue OF Silver longThis is the updated chart of SILVER long that i posted 3 days back.
Same conditions still intact. A breakout from this pattern can push silver to 156000 Levels.
Keep a check on the chart and the pattern on 4 hour Timeframe of MCX SILVER.
Disclaimer- This is just for educational purpose.
Jai Shree Ram.
#silver#commodities
1980 Redux? SILVER set to Outshine the NYSE Composite.Has Silver set the stage to approach its all time high's versus the "Big Index" that was last seen close to 50 years ago.?
Why this chart is spectacular:
Silver has moved sharply higher this year, breaching it's historic $50 threshold, a feat last seen in 1980 and 2011.
Notable the Silver/US Equities ratio (using the TVC:NYA as a broad proxy) is forming a multi year bottom structure. Suggesting we are in the process of a powerful repricing from equities to commodities.
This is not a crash call on Stocks.
Simply put Metals and commodities are just likely be faster horses and receive higher capital allocations.
We've seen the Big short during the GFC.
We've seen Saylor's Big long trade on #BTC
is Silver the Big Reversal?
Silver's Bullish Trend ExtendsThe chart shows Silver (XAG/USD, daily timeframe) continuing its bullish advance within a well-established ascending channel. Here’s the breakdown:
Trend & Structure:
Silver has maintained strong upward momentum since mid-June, trading comfortably above both the 50-day SMA (38.91) and the 200-day SMA (34.22). The rising channel highlights persistent demand and higher lows supporting the uptrend.
Support Levels:
The lower channel boundary around 39.00 is immediate dynamic support.
The 50-day SMA also aligns as secondary support.
A stronger floor rests at 35.00, a previous breakout zone and psychological level.
Resistance Levels:
The upper channel line near 43.50–44.00 is the next resistance to watch.
Sustained momentum above this range could accelerate toward 45.00, the next psychological barrier.
Momentum Indicators:
MACD is in positive territory, supporting bullish momentum.
RSI (73.8) has entered overbought territory, suggesting short-term consolidation or a pullback is possible before further upside.
Outlook:
Silver remains in a strong bullish trend, with price action guided by the rising channel. While the overbought RSI hints at a potential pause or minor pullback, the broader structure favors further gains toward the 43.50–45.00 area as long as price holds above 39.00.
-MW
XAGUSD - Retest of Local Top Likely to Precede Deeper CorrectionSilver has staged an impressive recovery from its early April low near $2,830, rallying back toward the key psychological level of $3,300. Currently, price action suggests we'll see a final push higher into the resistance zone highlighted in blue (approximately $3,300-$3,320) before encountering significant selling pressure. This anticipated pullback makes technical sense considering the speed of the recent recovery and the horizontal resistance level at $3,250, which has historically acted as a significant pivot point. Traders should exercise caution as silver approaches this resistance zone, as exhaustion signals may soon emerge after this rapid recovery phase, potentially offering favorable short-entry opportunities once the retest completes.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAGUSD - Awaiting Correction Before Next Leg HigherSilver (XAG/USD) appears to be in a recovery phase after experiencing a sharp selloff in early April that found a bottom near $2,840. The 4-hour chart shows the price has rebounded significantly from those lows and we are expecting for it to form a correction pattern. Based on the projected price path, we can expect a period of consolidation with some downside movement to establish a higher low, potentially targeting the $3,060-3,080 support zone, before resuming the larger uptrend toward $3,350 and beyond. This anticipated correction provides an excellent opportunity for traders to prepare long setups at discounted prices, with the highlighted support area around $2,880 serving as a major floor that should contain any deeper pullbacks. The overall technical structure suggests this retracement will be temporary before bulls regain control of the market.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAGUSD - Hunting for Bullish Entries on Smaller TFThe Silver/USD 4-hour chart displays a significant retracement from recent highs around $3,420, with price currently rebounding near the $3,300 level. This correction has brought price to test both the ascending trendline and the horizontal support at $3,275 (marked by the red line), creating a potential buying opportunity. Given the overall uptrend structure and the recent bounce from this dual support zone, we need to prepare for finding buy setups on smaller timeframes. Traders should shift to lower timeframe charts (15-minute, 30-minute, or 1-hour) to identify precise entry signals. The price action suggests a potential retest of the upper blue reaction zone after completing the current zigzag correction, as indicated by the directional arrow on the chart. Monitoring these smaller timeframes will help capture optimal entry points with tighter stop-losses while maintaining the broader bullish bias shown on this 4-hour chart.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAG/USD: Dual Paths to Bullish ResolutionSilver's 4-hour chart presents two potential scenarios for price action in the near term. In the first scenario, price could break above the current consolidation around $3,254 and move directly toward the red resistance line at approximately $3,278, as indicated. Alternatively, the second scenario suggests we may first see a deeper retracement toward the lower blue box support zone (around $3,160-$3,180) before finding buyers and resuming the upward movement, as illustrated by the zigzag pattern and second arrow. Both scenarios ultimately project bullish outcomes, with price expected to challenge the upper resistance after completing either path. The recent recovery from the late February lows around $3,080 provides the foundation for this bullish bias, though traders should monitor which scenario unfolds to adjust their entry strategies accordingly.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Silver Price Setup = Major Move Ahead?Silver (XAG/USD) Analysis – Breakout Incoming?
Silver (XAG/USD) is currently testing a key resistance zone after a strong upward move, supported by a rising trendline. The price has respected this trendline multiple times, confirming its role as a strong support level. If bulls push beyond the resistance zone, a breakout could trigger further upside momentum.
Key Insights:
🔹 Trendline Support – The ascending trendline has acted as a strong base for price action, providing steady higher lows.
🔹 Key Resistance Zone – Price has faced multiple rejections here in the past, making it a crucial breakout level.
🔹 Potential Breakout Setup – If Silver breaks and holds above resistance, we could see a rally towards $31.50–$32.50+
SILVER, very bullish outlookHello everyone,
I like to provide you a detailed elliot wave analysis on silver. In my opinion we are in the middle of a higher degree fifth wave. The elliot wave rules I use:
Standard:
- Wave 3 has to be the longest
- Wave 4 can not overlap with wave 1
Advanced:
- Target levels are 1,5 to 1,618 (wave 3) and 2.272 to 2.618 (wave 5)
- Wave 3 needs to show a change of character to wave 1 (usually steeper)
SILVER Massive Run Coming (Timeframe 1-7 years)
I think TVC:SILVER might be preparing for a Massive Breakout from a 45 YEAR consolidation period. This will happen gradually over the next few years. I think current prices are great for getting in to this. I have been buying up silver weekly for the last 2 months on Revolut as an auto-purchase, and will continue to do so. GOLD has had its breakout already. Silver will follow.
Here's the macro to my theory:
Industrial Demand Boom: With the rapid expansion of green technologies, especially solar panels and electric vehicles, the demand for silver over the next years is set to skyrocket. Silver’s unique properties make it indispensable in these growing industries.
Economic Uncertainty: Amidst global economic volatility and geopolitical tensions, silver remains a reliable safe-haven asset. As investors seek refuge from market turbulence, silver will shine as a go-to investment.
Inflation Hedge: With inflationary pressures mounting globally, silver offers an excellent hedge. Its intrinsic value and historical performance during inflationary periods make it a must-have in any portfolio.
Supply Constraints: Mining and production challenges are limiting silver supply, creating a perfect supply-demand imbalance. This constraint will drive prices higher as demand outpaces supply.
Technological Advances: Innovations in medical technology and electronics continue to find new uses for silver, further increasing its demand.
📈 Technical Analysis: Chart patterns are indicating a very bullish trend. Text book 45 year cup and handle formation, Ascending Triangle with strong support levels and upward momentum. Silver is breaking out of long-term resistance zones, setting the stage for an explosive upward move.
💡 Investor Sentiment: Sentiment is turning overwhelmingly positive. Market analysts and experts are predicting a significant price surge, with some forecasting silver reaching unprecedented highs. ($100-200)
Silver breaking out of its consolidationSilver is breaking out its long term consolidation and triggering a bullish reversed Head & Shoulder pattern with a target in the $42.50 area.
Next resistances at the all time high near $50 then the line linking the top of the channel near $53.
A break below $23.50 would invalidate this view.
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With gold and copper making all time highs, the governments and central banks printing money like crazy, it's hard to believe that Silver won't catch up and eventually make new all time highs.






















