SELL XAGUSDSilver has hit a key resistance around $40.65 – $40.70 while forming a rising wedge pattern, a bearish signal. From this zone, I expect a rejection and a strong drop toward the support area near $37.80.
📉 Bearish Outlook
Resistance: $40.65 – $40.70
First Target: $39.50
Final Target: $37.80
Trade ideas
Gold, Silver soar on rate cut hopes & Trump tariff rullingGold and silver are making headlines as both metals surge amid a mix of macroeconomic and technical factors. Gold is trading just below its all-time record, having recently touched $3,495 per ounce, while silver has soared to a 14-year high of above $40.50.
The main catalyst behind this rally is growing confidence that the Federal Reserve will cut interest rates soon, following dovish signals from Fed officials and signs of a softening US job market. With markets now pricing in a 90% chance of a rate cut, the US dollar has weakened, making non-yielding assets, such as gold and silver, more attractive. The recent US court ruling that deemed most of President Trump’s tariffs illegal has added further pressure on the dollar, while thin trading conditions due to a US bank holiday have amplified price moves.
Bullish signals for gold and silver are strong. Both metals are also benefiting from tight supply conditions and ongoing geopolitical uncertainty, which are driving investors toward safe-haven assets.
Gold is consolidating just below record highs, and technical analysis points to a potential breakout from a bullish symmetrical triangle pattern. If confirmed, this could propel gold toward new highs, with targets in the $3,550–$3,820 range.
Silver’s rally is supported by a classic pennant formation, with technical projections suggesting a move toward $42 is possible in the short term.
However, there are bearish risks to consider. If upcoming US employment data surprises to the upside or inflation remains stubbornly high, the Fed could delay or scale back rate cuts, which would strengthen the dollar and potentially cap further gains in gold and silver.
Additionally, both metals are trading near major resistance levels, and a failure to break out convincingly could trigger profit-taking or a technical pullback. For gold, support sits around $3,440, with the 50-day moving average at $3,350 providing a key floor. For silver, a drop below $39.55 could signal a short-term reversal.
While the setup favours further upside, especially if the Fed delivers on market expectations, traders should stay alert to key data releases and resistance levels that could shift the narrative in either direction.
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SILVER (XAGUSD) LONG Every 48 weeks silver forms a higher low and then rallies. A resistance at 40.00 and resistance at 41.30 is coming. When that happens, silver will spike to 53.00, 55.15, or 88.85. It will blow you away. This is a big trade! Hope you own some silver. "If not, then what are you waiting for?"
In my opinion Silver will out do Gold and Platinum will out do Silver and Gold. A platinum chart will be coming soon. Don't sleep on Platinum. Let me know your thoughts in the comment.
SILVER Will Keep Growing! Buy!
Hello,Traders!
SILVER is trading in an
Uptrend and the price
Made a bullish breakout
Of the key horizontal
Level of 39.53$ and the
Breakout is confirmed so
We are bullish biased
And we will be expecting
A further bullish continuation
Buy!
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SILVER: Bearish Continuation is Expected! Here is Why:
The recent price action on the SILVER pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down.
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XAGUSD, Elliott wave analysisOutlook for XGUUSD on the 3-day chart.
There have been no changes since the last update.
We are currently in sub-wave (3) of wave (ⅲ).
Sub-wave (3), indicated by the green line, will likely be an extension.
If this scenario assumption is correct, the upward trend will continue.
XAGUSDSuccess in the FX, indices, and gold markets comes from discipline, not luck — I win by combining deep market analysis with strict risk management, keeping emotions out of trading, and focusing on long-term consistency rather than quick gains. Every trade is based on research, patience, and clear strategy, allowing me to grow steadily while protecting capital.
SILVER Set To Fall! SELL!
My dear followers,
I analysed this chart on SILVER and concluded the following:
The market is trading on 39.719 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 39.114
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
XAGUSD 4HTrading Outlook for Major Currency Pairs and Indices, Especially Gold and Silver, in the Upcoming Week
In this series of analyses, we have reviewed short-term trading perspectives and market outlooks.
As can be seen, each analysis highlights a key support or resistance area near the current price of the asset. The market’s reaction to or break of these levels will determine the subsequent price trend up to the next specified levels.
Important Note: The purpose of these trading outlooks is to identify key price levels and potential market reactions, and the analyses provided should not be considered as trading signals.
Silver Wave Analysis – 29 August 2025
- Silver broke the key resistance level 39.50
- Likely to rise to resistance level 41.00
Silver recently broke above the key resistance level 39.50 (former top of wave (3) from the middle of July, as can be seen from the daily Silver chart below).
The breakout of the resistance level 39.50 continues the active short-term impulse wave 3 of the intermediate impulse wave (5) from the end of July.
Given the strong daily uptrend, Silver can be expected to rise to the next resistance level 41.00, target price for the completion of the active impulse wave 3.
XAGUSD Final TP Hit BeautifullySILVER Hit our TAKE PROFIT PRICE LEVEL which doesnt surprise us " SOMFX TRADING TEAM " because this was what we were eagerly waiting for weeks.
The structure of the market was clear to every one who understands the dynamics of the market move.
if you go back to the original post of silver at 29/July/2025 you will clearly see that i have predicted the first move, the second move and also i have clerly pointed that the sellers will try to come back to the market at 39.00 and they will be doomed by point a horizontal line saying " So many willing sellers will be doomed here " and that is clearly what happened.
GUYS HAPPY TARDING.
Silver Acceleration PhaseGold and Silver are entering acceleration mode.
Silver tends to run into hyperdrive during gold's last major leg up. Gold could push to 3,800+ here, while Silver could run up to 45+.
The miners are very happy. Most of their technicals look amazing.
PAAS and FMS in particular are my favorites currently and look like they want to moon soon.
Silver Eyes 40-Resistance for a Record High BreakoutIn line with gold’s momentum and the industrial demand for silver—particularly from the growing tech and AI sectors—a clear hold above the 40 mark may extend gains toward 42, aligning with the upper border of the uptrending channel respected since 2023. A breakout beyond that border may offer a more comfortable bullish outlook for silver, with potential upside toward 46 and 50, in line with the 2011 peaks and possibly beyond.
On the downside, should momentum pull back, a clean break below 37 may extend losses toward the channel’s mid-zone near 35, where a potential rebound could emerge. If not, the next key level I’m eyeing is the lower boundary of that channel near the 30 mark, which may offer another long-term bullish positioning opportunity on the silver chart.
— Razan Hilal, CMT






















