Silver - Eventually new all time highs!🪚Silver ( TVC:SILVER ) might soon break out:
🔎Analysis summary:
If we look at the bigger picture, Silver has been consolidating for the past couple of decades. But with the recent strong rally of about +50%, Silver is once again heading back to the previous all time highs. Despite a potential
About Silver / U.S. Dollar
Silver Prices have been followed for centuries. Silver (XAG) is a precious metal used in jewelry, silverware, electronics, and currency. Silver prices are widely followed in financial markets around the world. Silver has been traded for thousands of years and was once used for currency backing. Silver continues to be one of the most commonly traded commodities today. Silver prices are highly volatile due to speculation and supply and demand. Ag is the chemical symbol for silver on the periodic table of elements and its ISO currency symbol is XAG.
XAGUSD (Silver / USD) 2-hour chart.XAGUSD (Silver / USD) 2-hour chart.
Based on my analysis setup with trendline support and marked target zones:
First Target (Short-term): Around 43.20 – 43.30
Second Target (Extended): Around 44.20 – 44.40
Price is currently near 42.02, holding above the trendline and Ichimoku cloud support. If
XAGUSD Holds 41.40 Strong – Bulls Ready for 43 AgainAs I’ve often highlighted in my previous Silver outlooks, OANDA:XAGUSD usually offers cleaner technical setups than Gold, with less “noise” and fewer manipulation spikes. This time is no exception.
After touching the 43.00 zone, Silver entered a corrective phase, sliding down to 41.40 – a key co
XAG/USD | Bull or Bear ? (READ THE CAPTION)By analyzing the Silver chart on the 2-hour timeframe, we can see that the price is currently trading around $42. The resistance at $42.4 is just ahead, and I expect it to be broken soon, which could push silver to higher levels.
The next target and supply zone is between $42.5–$42.65. All supply a
Silver Bulls Eye $48: Long Setup Still in PlaySilver has strong chances to continue testing the 43.30 level, with a broader target at 48.
The trend remains bullish; we need to watch Monday’s open, but overall I think the long is still valid. It feels a bit risky now since we’ve already rallied a lot and silver is expensive — but expensive does
SILVER: Market of Sellers
Looking at the chart of SILVER right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
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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 S
Silver possible uptrend continuationI am still new to trading. Based on my analysis for Silver, the 4H chart shows HH and what I believe to be the end of the retracement.
Impulsive confirmation:
On 1H chart, I see multiple confirmation that gives me the bias idea it will go up. We see triple bottom at support, a trend line break, an
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Displays a symbol's price movements over previous years to identify recurring trends.