Silver (XAG/USD) Technical Analysis:Silver maintains a short-term bullish trend and is currently testing the $38.00 resistance zone.
🔹 Bearish Scenario:
If price rejects this level and closes below $37.60, we may see a decline toward $37.30, and possibly $37.00.
🔹 Bullish Scenario:
If price breaks above $38.00 and holds, upside momentum could extend toward $38.30 and $38.80.
⚠️ Disclaimer:
This analysis is not financial advice. It is recommended to monitor the markets and carefully analyze the data before making any investment decisions.
SILVER trade ideas
Elliott Wave Analysis: Silver (XAGUSD) Targets $40.3 in Wave 5 The ongoing cycle in Silver (XAGUSD), initiated from the April 7 low, continues to unfold as an impulsive Elliott Wave structure. Wave (3) of this impulse concluded at 39.52, as illustrated on the 1-hour chart. The subsequent pullback in wave (4) terminated at 36.17, exhibiting a zigzag internal structure. From the peak of wave (3), wave ((i)) declined to 38.67, followed by a rally in wave ((ii)) to 39.19. Wave ((iii)) then dropped to 37.93, with wave ((iv)) rebounding to 38.33. The final leg, wave ((v)), completed at 37.88, finalizing wave A in a higher degree. Wave B then rallied to 38.28.
Wave C descended in a five-wave impulse pattern. From wave B, wave ((i)) fell to 37.98, and wave ((ii)) climbed to 38.24. Wave ((iii)) dropped to 36.76, followed by wave ((iv)) rising to 37.268. The final wave ((v)) concluded at 36.17, completing wave C of (4). Silver has since begun advancing in wave (5). However, it must surpass the wave (3) high of 39.52 to eliminate the possibility of a double correction. As long as the 36.17 pivot holds, expect upward momentum. The potential target for wave (5) lies at the 123.6% inverse retracement of wave (4), projecting to 40.3. This analysis supports a bullish near-term outlook, provided the key support level remains intact.
XAGUSD SWING: SHORT-TERM BEARISH OPPORTUNITY Hi there,
For Silver, I am long term bullish but we have a set up for some short opportunity.
As annotated, we are primed to see lower prices... between 34 - 34.5
If this happens, I'd resume looking for massive long opportunities.
You might want to keep this on your radar.
Cheers,
Jabari
(Updated) Silver Rebounds from Golden ZoneSilver dumped hard into the Golden Zone and reversed exactly where we marked it. Bulls stepping in? Now we watch for follow-through.
📌 Price respected the Golden Zone and reversed clean
📌 Bullish break and EMA shift underway
📌 Watching for continuation toward $38
⏱️ Timeframe: 1H
#silver #xagusd #fibonacci #reversalsetup #technicalanalysis #tradingview #quanttradingpro
SILVER: The Market Is Looking Down! 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 37.421 will confirm the new direction downwards with the target being the next key level of 37.356.and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
XAGUSD: Correction May Be Over – Watch $37.60 BreakoutAfter reaching a local top around the $39.50 zone on July 24, Silver entered a normal corrective phase, with price dropping over 3,000 pips from top to bottom — roughly an 8% retracement.
📉 Despite the strength of the drop, the structure was clearly corrective, not impulsive. Even more, the move formed a descending broadening wedge, a pattern that often hints at a potential reversal.
📈 Yesterday, we saw a clean breakout above the wedge’s upper boundary — which may signal the end of the correction.
At the time of writing, price is trading at $37.45, right under a key horizontal resistance zone between $37.50 and $37.60.
A breakout above this level would confirm the low and likely initiate a new move toward the $38.70 resistance.
________________________________________
🎯 Summary & Plan:
• A break above $37.60 = bullish confirmation
• Target: $38.70 (first resistance)
• Invalidation: If price drops below $37, bulls lose control
As long as price holds above the $37 zone, the technical outlook remains constructive, and traders could consider setups aligned with the upside scenario. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
SILVER: Move Up Expected! 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 below a key level of 37.330 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
XAG/USD Long Setup | H1 TimeframeA classic setup based on #SmartMoneyConcepts:
✅ Change of Character (CHOCH) after a liquidity sweep.
✅ Price returned to the Order Block & filled the FVG.
✅ Entry at the Point of Interest (POI) with a high R/R.
Waiting for it to reach the buy-side liquidity targets. Do you agree?
SILVER Is Going Down! Sell!
Please, check our technical outlook for SILVER.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 3,722.4.
The above observations make me that the market will inevitably achieve 3,685.7 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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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Silver Wave Analysis – 4 August 2025- Silver reversed from the support zone
- Likely to rise to the resistance level 39.45
Silver recently reversed from the support zone between the support level 36.20 (which also stopped wave ii at the start of July), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from May.
The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern, Piercing Line – which marked the end of the earlier correction 2.
Given the clear daily uptrend, Silver can be expected to rise to the next resistance level at 39.45 (top of earlier impulse wave 1 from July).
Silver Tries to Regain Lost Ground After the DipSilver has formed a solid bottom between 37.25 and 36.20 and is now attempting to break higher and recover some of its recent losses. There is some support from gold helping to push the price upward, but it remains unclear whether silver can hold above the 37.25 level long enough to take another step higher.
If it does, the price may return to the 37.90–38.30 zone, where it could stabilize and decide whether to move further up.
Below 37, however, the outlook becomes more cautious. A drop below this level could trigger additional selling pressure, so traders should be alert to downside risks if that support fails.
Silver bullish breakout supported at 3600The Silver remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 3600 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3600 would confirm ongoing upside momentum, with potential targets at:
3756 – initial resistance
3855 – psychological and structural level
3915 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 3600 would weaken the bullish outlook and suggest deeper downside risk toward:
3544 – minor support
3480 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the silver holds above 3600. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Bearish reversal for the Silver?The price is rising towards the pivot and could reverse to the pullback support.
Pivot: 37.51
1st Support: 36.20
1st Resistance: 39.33
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XAGUSD (SILVER): Sells For Now, Down To 35.80In this Weekly Market Forecast, we will analyze the XAGUSD (SILVER) for the week of Aug 4-8th.
Silver was strong, sweeping a 2012 high. Then sellers stepped in for the next couple of weeks, printing bearish candles. Friday say a late rally on weak job numbers, weakening the USD and allowing Silver and other asset pairs to outperform it in the short term.
Due to the bearish close of last week's candle, the indication is the rally was a market reaction, and that the slide will continue into this week.
Until there is a bullish break of market structure, buys are not a great idea. Stick with sells, down to the Monthly +FVG.
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