Silver at Its Highest Level in 14 Years, Surpassing $42!Reasons Behind the Recent Rise in Silver:
Silver (XAG/USD) extended its gains for the third consecutive session, reaching its highest levels in 14 years and surpassing the $42 mark during Asian trading. This rally has been driven by increasing bets on Federal Reserve rate cuts, alongside mounting signs of weakness in the US labor market. Weekly Jobless Claims rose to their highest level since 2021, reinforcing expectations of three rate cuts before the end of the year.
While weak economic data supports a shift toward a more accommodative monetary policy, geopolitical tensions have further boosted the appeal of Silver as a safe-haven asset.
On the industrial side, strong demand for Silver from the solar, electric vehicle, and electronics sectors continues to support prices, amid ongoing supply constraints. This mix of economic, geopolitical, and industrial demand factors has placed Silver in a strong position after breaking levels not seen since 2011, paving the way for further moves ahead.
Technical Analysis of Silver Prices:
Silver is trading in a general upward trend, forming higher highs and higher lows, reflecting strong bullish momentum pushing prices to elevated levels.
A pullback toward $40.83 would be considered a correction within the broader uptrend, with potential for a rebound targeting $41.966 in the short to medium term.
Meanwhile, the $40.39 level represents the last line of support on the 4-hour chart. A break below this level, confirmed by a 4-hour candle close, would signal a bearish shift and mark the end of the prevailing uptrend on this timeframe.
Trade ideas
SILVER Accelerating to $95This is the full history of Silver.
With it's two GIANT Cup & Handle Patterns.
Big Patterns = Big Moves !!!
I find myself uncertain about the kind of world we would inhabit if Silver were to achieve the LOG projections in a chaotic disorderly manner.
We are undoubtedly stepping into a period of significant transformation across various sectors for global society in the coming decade or two.
Finance. Governance, Technology—let's seize the moment and take full advantage of the incredible opportunities available to us.
UPDATE: Golds baby sister is rocking to 4,708Silver (what I call Gold's baby sister).
Has recently sky rocketted, along with Gold.
There are a couple of reasons we can continue to see Silver's upside and to it's target of 4,708.
💸 Fed rate cuts on the horizon → Lower interest rates make silver more attractive 🚀
☀️ Green energy boom → Solar panels + EVs = soaring silver demand 🔋
⛏️ Supply squeeze → Mines can’t keep up, inventories shrinking 📉
💵 Weak dollar vibes → Investors hedge with silver as the dollar softens 🌍
🔥 14-year highs → Silver just hit ~$42/oz and momentum looks strong 📈
Since the Rounding Bottom and as the price is above 20MA and 200MA - Looks good for upside to the first target 4,708.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Silver/USD:Poised for a Breakout After 50 Years of ConsolidationIn my latest analysis of the Silver/USD chart, I've identified a significant resistance level at $48 USD. This level has been a formidable barrier for decades, but a breakout could signal a major shift. If Silver/USD manages to break through this resistance, we could see a target of $580 USD, representing a substantial upside potential.
Historically, after breaking out, assets often retest previous highs, so a retest of the $48 level might occur before a sustained move higher. This setup comes after an unprecedented 50-year consolidation period, suggesting that Silver/USD is gearing up for a long-term trend. This trade could unfold over the next five years, offering a compelling opportunity for long-term investors.
Silver Bullish breakout continuation supported at 4144The Silver remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 4144 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 4144 would confirm ongoing upside momentum, with potential targets at:
4260 – initial resistance
4320 – psychological and structural level
4375 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 4144 would weaken the bullish outlook and suggest deeper downside risk toward:
4065 – minor support
4020 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the silver holds above 4144. A sustained break below this level could shift momentum to the downside in the short term.
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Silver (XAGUSD) – Resistance Rejection Ahead?Silver (XAGUSD) is currently trading near the key $41.50 resistance area after a strong bullish rally. Price is showing signs of consolidation at the upper boundary of the rising channel. A rejection from this resistance could trigger a corrective move back towards the $40.00 – $39.50 support zone, with further downside potential towards the $38.00 support level if momentum weakens.
Resistance zone: $41.50 – $42.00
Key support zones: $40.00 – $39.50 / $38.00
Possible scenario: Short-term pullback from resistance after recent bullish structure
This setup highlights a possible reversal opportunity if sellers step in at resistance, but a breakout above $42.00 would invalidate the bearish outlook and suggest continuation higher.
XAGUSD H1 | Price retracing into support levelSilver (XAG/USD) is falling towards the buy entry, which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to the take profit.
Buy entry is at 41.20, which is a pullback support that aligns with the 61.8% Fibonacci retracement.
Stop loss is at 40.76, which is a pullback support level.
Take profit is at 41.64, which is a swing high resistance level.
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SILVER: Bears Are Winning! Short!
My dear friends,
Today we will analyse SILVER together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 41.351 Therefore, a strong bearish reaction here could determine the next move down.We will watch for a confirmation candle, and then target the next key level of 41.269.Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
Silver Near PRZ – Bearish Reversal Incoming?Today I want to share with you an analysis of SILVER ( OANDA:XAGUSD ). In my opinion, in terms of technical analysis , Silver has a more regular chart than Gold( OANDA:XAUUSD ) these days.
Silver is currently trading near the Resistance line , Important Resistance lines , Yearly Resistance(2) and Potential Reversal Zone(PRZ) .
In terms of Elliott wave theory , it seems that Silver has managed to complete microwave 3 of the main wave 5 , and after the support lines are broken, we can expect a decline and completion of microwave 4 . The end of microwave 4 could follow Fibonacci levels .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
I expect Silver to fall to at least $40.51(First Target) AFTER breaking the support lines .
Second Target: $39.81
Stop Loss(SL): $42.18
Note: Today's US data release could cause a shock to Silver, but ultimately, Silver will continue its downward trend (at least to the first target).
Please respect each other's ideas and express them politely if you agree or disagree.
Silver/ U.S. Dollar Analyze (XAGUSD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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The most important number for silver$37.80. No other number on the price chart has as much significance as this number. When each candle represents 3M the textbook Cup and Handle on Silver suddenly reveals itself. More importantly the breakout! The Real breakout in Silver isn't $50. The Real breakout in silver just happened. And since it happened on 3M candle chart, one could assume this is a lasting breakout, much like $2000 Gold. We all saw what happened there.
SILVER: Will Go Up! Long!
My dear friends,
Today we will analyse SILVER together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 41.198 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
XAGUSD Holding Firm Above $41, Bulls Eye Higher LevelsSilver continues to consolidate after its recent strong rally, holding above the $41.00 handle while respecting its rising trendline. Recent bearish interest rate news has pressured the U.S. dollar, further boosting precious metals. With this macro tailwind, silver’s bullish structure remains intact as long as key supports hold.
🔍 Technical Analysis
Current price: $41.17.
Price has maintained momentum above the ascending trendline since August.
Immediate consolidation near recent highs signals market strength rather than exhaustion.
Multiple layered supports sit below, keeping the bullish case intact.
🛡️ Support Zones & Stop-Loss (White Lines):
🟢 $39.87 – 1H Support (High Risk)
First short-term defense.
Stop-loss: $39.52
🟡 $37.22 – 4H Support (Low Risk)
Stronger structural zone.
Stop-loss: $36.95
🟠 $34.76 – Daily Support (Long-Term Entry)
Major macro base. Attractive for longer-term positioning.
Stop-loss: $34.16
🔼 Resistance Levels:
Near-term resistance: $41.50
Break above → opens path toward $42.20 and $43.00.
🧭 Outlook
Bullish Case: Consolidation above $41.00 + breakout past $41.50 → continuation to $42+.
Bearish Case: Failure of $39.87 → correction into $37.22 or $34.76 before renewed demand.
Bias: Bullish while above $39.87 and trendline remains intact.
🌍 Fundamental Insight
Silver benefits from a dual role: a precious metal hedge against monetary easing and a key industrial input.
Bullish tailwind: Bearish U.S. rate news has weakened the dollar, lifting silver alongside gold.
Caution: Stronger-than-expected USD rebounds or risk-on sentiment could trigger pullbacks.
✅ Conclusion
XAGUSD remains in a bullish structure above $41.00, with demand stacked across multiple support zones. A break above $41.50 confirms continuation toward higher levels, while pullbacks into $39.87 or $37.22 offer attractive long setups.
⚠️ Disclaimer
This analysis is for educational purposes only and does not constitute financial, investment, or trading advice.
Grand Silver SupercycleI present the Grand Silver Supercycle. Silver has followed Elliott Wave Theory nicely through the years. The price hit a century low during The Great Depression, beginning what I believe to be the first wave of a supercycle. There is a clear five wave pattern up from this low, peaking in 1980. This is supercycle wave 1. Then, we see a five wave corrective pattern down, bottoming out in the early 90s. Alternatively, a three wave ABC pattern could be drawn. This is where supercycle wave 3 begins. Wave 3 is typically much more prominent than wave 1 in Elliott Wave Theory. For this reason, it makes sense that the next five wave pattern ending in 2011 is only the first subwave of supercycle wave 3. The second subwave corrected to the 2020 low, and we are currently on the third subwave. Within this subwave, we could either be starting a third wave (as shown in the chart) or still be on the corrective second wave. I believe the former is much more likely due to fundamentals.
Price targets within the current subwave were estimated as follows:
wave 3 length = 1.618 X wave 1
wave 3 target = $48
wave 4 length = 38.2% retracement of wave 3
wave 5 length = 1.618 X (wave 3 end - wave 1 start)
I'm more confident on wave 3 ending near $48 than I am of wave 5 ending near $95. There is strong resistance at $50, which coincides with the Elliott target zone. Wave 5 length can vary significantly. For silver at least, fifth waves have traditionally been long ones.
Fundamentals
Elliott Wave Theory is only a tool. It needs to be backed up by fundamentals when forecasting on long time frames. Silver is undervalued due to many years of supply outstripping demand, creating cheap prices. That is in the early stages of changing as now demand outpaces supply. Global silver demand was expected to hit an all time high of 1.21 billion ounces in 2022 (www.silverinstitute.org). This is largely due to increases in demand in both industry (Green Revolution) and personal investment (stackers hedging against inflation). Silver reserves currently stand at 530,000 metric tons (www.statista.com). The current demand is 38,000 metric tons per year. A simple calculation shows existing reserves could be depleted in 14 years. However, this calculation doesn't take into account new discoveries and recycling, which have so far kept pace with demand. Estimates of time to depletion of reserves vary wildly from a couple decades to a few centuries. At the moment, the prime driver of price (in addition to inflation) will be the deficit, not depletion of reserves.
Inflation is a totally different animal that is much harder to forecast long term due to its close relationship to government and Federal Reserve policy. It is more likely that when presented the choice, our leaders choose high inflation over debt default and depression. How this all is going to play out is anyone's guess. It seems for now our leaders are trying to kick the can down the road for as long as possible. If hyperinflation hits, the silver price will reach extraordinary heights.
SILVER: Strong Bearish Sentiment! Short!
My dear friends,
Today we will analyse SILVER together☺️
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 40.925 will confirm the new direction downwards with the target being the next key level of 40.796 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
Silver Pullback Ahead? A Buying Opportunity in the MakingSilver is in an uptrend channel both in the short term and the medium term. Significant bullish pressure is coming from gold, rising technology investment that boosts demand for silver, persistent inflation risks, and the Fed being on the verge of cutting rates. Fundamentally, everything supports silver, and upward pressure is likely to continue.
However, in the short term, upward momentum has started to ease despite the push from gold, which could be an early signal of a small correction. The upward move is still expected to continue, but if the green trendline and the 40.50 support both fail, there is a zone between 39.10 and 40.50 with previous low trading volume that could be filled by a selloff. Such low-volume zones often behave similarly to gaps, though not always.
In either case, silver has stronger potential over the medium term, and any sudden selloffs are likely to remain buying opportunities.