SILVER Will Go Lower From Resistance! Sell!
Please, check our technical outlook for SILVER.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 5,316.9.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 4,596.2 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
Trade ideas
Silver – Record Highs and Increased Volatility to Contend WithSilver has literally jumped to the forefront of commodity market traders’ screens in October as it has soared to record highs, followed by an increased period of volatility, before then moving to even higher levels again this morning. The main reasons seem to be Silver’s attraction as an alternative to Gold as a safe haven/debasement asset in this current period of uncertainty.
Traders are concerned about increased trade tensions, a prolonged US government shutdown, weaker global growth, excessive levels of government debt, inflation, a war in Ukraine and what the Federal Reserve may do next regarding interest rates. It is quite an extensive list!
Add to this a historic physical shortage of Silver, soaring borrowing costs and reduced liquidity in a market that is much smaller than its big brother, Gold, and you have a recipe for a volatile asset that is not to be entered without strong risk management, a good understanding of the fundamentals and a serious consideration of important technical levels.
Silver started the month at 46.647, dipped to a low of 45.903 on October 2nd and then hasn’t looked back, posting a series of new multi-year and then record highs all the way to a peak this morning at 53.50. However, it hasn’t been plain sailing, with an average 5% trading range over the last three days alone. An important risk factor to consider.
Looking forward across this week, Silver prices could be influenced by the next headlines outlining where the direction of trade tensions between the US and China are moving, including updates on whether President’s Trump and Xi will meet later this month as had been originally planned. Their first meeting for 6 years.
Progress updates on the stalemate between Democrats and Republicans that has forced the US government into a 2 week shutdown may also be relevant, alongside any easing in the current supply issues in the physical Silver market.
Technical Update: The Push Higher Continues:
It should always be remembered that traditional overbought signals are sometimes ignored while trending and sentiment measures remain strong. It’s a reminder that indicators like RSI or stochastics may flash caution, but price can continue to move higher if broader conditions support it.
Silver has defied overbought readings of late with a near-uninterrupted rally since the August lows. Despite repeated calls from some for a correction, price action has remained resilient, underscoring how strong trend and sentiment can override traditional ‘overbought’ conditions.
So, what are the tools that might be used to gauge the trending and sentiment condition of Silver’s recent moves?
From a sentiment standpoint, the chart above shows a bias toward larger, more frequent green positive candles, indicating consistent buying interest. Traders appear willing to pay higher prices despite the extended rally, which reflects positive sentiment. This pattern suggests confidence in the trend, with dips being viewed as opportunities rather than warnings.
From a trending perspective, Bollinger Bands have shown price remains above the rising mid-average, frequently touching the upper band, while the bands themselves are widening. This combination reflects upward momentum and positive price volatility, maintaining a constructive backdrop.
Silver’s current setup might suggest attempts at further price strength, but it’s no guarantee of continuation. Positive candles and price action above the rising mid-average, alongside widening Bollinger Bands may point to momentum behind the current move, but traders must also stay alert, watching candlestick signals and Bollinger band activity to assess the current trends sustainability.
This backdrop can of course shift quickly, so tracking key support and resistance levels is also vital to help spot possible emerging directional themes.
Possible Resistance Levels: .
The 53.771 level, marking the 438.2% Fibonacci extension, may now act as a key resistance point. So far, Tuesday’s push into new highs has stayed below this level on a closing basis, suggesting it might slow further upside and potentially ease the prevailing bullish trend and sentiment.
Monitoring how this 53.771 resistance level is defended on a closing basis may prove important this week. A sustained break above it could result in further attempts at upside toward 54.496, the 461.8% extension, even potentially 55.738, a level equal to the 500% extension.
Possible Support Levels:
Throughout the August to October advance, pullbacks have been shallow, typically lasting just one or two sessions, before buyers reasserted control. This pattern currently suggests that near-term weakness may continue to prove limited.
To suggest potential of a possible shift in trend, closing breaks below support levels would likely be required, marking a possible transition from short-term dips to the potential of a corrective phase in price.
The first support may be at 50.522, which is the 38.2% retracement. A close below this level could suggest a deeper correction risk, shifting trader focus toward 48.722, the 61.8% Fibonacci retracement and potentially even 46.703, which is equal to the rising Bollinger mid-average.
The material provided here has not been prepared accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients.
Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
Silver - 45 Years of Breakout!Silver has just completed one of the largest and longest cup and handle patterns in financial history, spanning more than four decades. The metal has officially broken above the 1980 and 2011 highs, signaling a potential supercycle breakout on the monthly timeframe.
This type of long-term technical structure typically marks the beginning of a massive secular bull run, often driven by macroeconomic shifts such as inflation cycles, fiat currency debasement, and rising demand for hard assets.
Technical Highlights:
- Pattern: 45-year Cup and Handle formation
- Breakout Zone: Above $50 confirmed (Weekly chart)
- Structure: Deep base formation showing multiple accumulation phases (1981–2001 and 2012–2023)
Macro Perspective:
Silver is benefiting from:
- Increased industrial demand (especially in solar, EV, and electronics sectors)
- Inflationary monetary policies and growing global money supply
- Renewed investor interest in tangible and real assets
This breakout could mark the start of a multi-year bull run for silver. Long-term investors may view this as an opportunity to accumulate and hold for 10–15 years, aligning with the magnitude and duration of the pattern.
If the price experiences short-term pullbacks in the coming months, use DCA (Dollar-Cost Averaging) to build long-term exposure.
Conclusion:
After 45 years of consolidation, silver is finally breaking free. The chart points toward a historic structural breakout, potentially setting the stage for the next precious metals supercycle.
Cheers
Hexa
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and manage risk responsibly.
SILVER : The energy transition’s most undervalued asset.so , AG has always been the undervalued metal in a tight cycle.
Historically SILVER to GOLD ratio was 89-90:1
Now, the newest variable : the industrial demand , which historically was not even an driver like it is today is only growing in demand.
As SILVER is needed in SOLAR , EV industry as a vital component.
SUPPLY ISSUES:
- no major SILVER mines are expected to come back online till 2027-2028
- and the fact is SILVER always comes as a byproduct as the raw material always be a mix of other metals like lead, zinc and copper.
TECHNICALS
i projected a medium term high leverage trade idea but a Multi year ascending triangle is forming ever since 2020.
and COT data shows commercial short position unwinding lately.
i used my custom projection tool for range calculates (on chart)
cannot publish with my priv COT indicator publicly.
SILVER Will Keep Growing! Buy!
Hello,Traders!
SILVER shows Smart Money accumulation from the horizontal demand area, with bullish displacement suggesting price will tap into the 5,280$ liquidity pool next. Time Frame 1H.
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
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 Reaches Record HighSilver Price Reaches Record High
The previous peak was set in 1980, but this week the price of silver rose above $53 for the first time ever, as shown on the XAG/USD chart.
Bullish sentiment has been driven by political factors, sustained demand from central banks, and the metal’s growing use in modern industries such as renewable energy.
Meanwhile, media reports are adding to the sense of market frenzy, noting:
→ shortages in physical supply;
→ forced liquidation of short positions (the “short squeeze” effect);
→ bold analyst forecasts — with a CNBC survey suggesting silver could double from current levels to reach $100.
Technical Analysis of the XAG/USD Chart
In earlier analysis of the XAG/USD chart, we:
→ identified an upward channel;
→ noted that silver’s rise was slowing around the $48.75 level, though new record highs in gold could spur the “silver bulls”.
That slowdown has proved to be merely a pause before a breakout to fresh 45-year highs. The ascending channel has maintained its slope but widened upward — notably, the current all-time high sits along the upper boundary of this expanded channel.
Key observations:
→ A sharp drop of more than 5% over the past two candles signals strong selling pressure, likely linked to profit-taking after a roughly 17% rise over the past 30 days.
→ Long lower wicks on the recent wide candles (as indicated by the arrow) show active buying interest.
→ The rise in the ATR indicator became evident as the market broke through the key psychological level of $50 per ounce.
The increase in volatility means traders may need to adjust their strategies — it can also signal that a market reversal could be nearing, as extreme price swings often mark the end of prolonged trends.
For now, however, demand remains strong enough to keep the market within its upward channel:
→ bulls are likely to view the $50–50.50 area as key support;
→ bears may look to reassert control if XAG/USD attempts to climb further above $53.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Silver Shines — But Caution Ahead?Silver Shines — But Caution Ahead?
- Silver has just hit a fresh all-time high of $51.70, breaking past its 2011 record.
- However, the monthly RSI is racing toward the extreme 85.00 zone, a level that previously marked major tops in 2006, 2008, and 2011.
Momentum remains strong, but history suggests (as shown in the monthly Silver Chart) that when RSI enters this zone, sharp pullbacks tend to follow.
I don't mean, the the rally is over — but it's just a reminder that every time a steep vertical move is often followed by high volatility (volatility might invite pullbacks).
Silver bullish breakout supported at 4964The Silver remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 4964 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 4964 would confirm ongoing upside momentum, with potential targets at:
5190 – initial resistance
5275 – psychological and structural level
5355 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 4964 would weaken the bullish outlook and suggest deeper downside risk toward:
4920 – minor support
4870 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the silver holds above 4964. 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.
Silver: New ATH, Sharp Pullback, and What Comes NextLast week, something traders had been waiting for finally happened — Silver reached a new all-time high, touching 51.30 before a strong 3,000-pip selloff followed.
However, looking closely at the chart, we can see that this decline stopped precisely at the confluence of horizontal support and the ascending channel’s lower boundary — a technical level that often attracts renewed buying interest.
In my Friday’s analysis, I mentioned that although Silver looked very strong, traders should watch the ATH zone and the channel’s upper resistance for potential pullbacks. Indeed, XAGUSD reacted exactly from that area and corrected lower.
Now, things get very interesting:
1. Strong demand near $50 – Despite the initial drop on Friday, Silver built a solid floor just under the 50 level, suggesting that buyers remain in control and the recent ATH might just be a prelude to new highs.
2. Holding above the median line – The price is hovering around the channel’s midline without testing the lower boundary, a clear sign of underlying strength.
3. Potential pennant formation – Although not perfectly shaped, the price action since Thursday resembles a small pennant, which is typically a continuation pattern in bullish trends.
Putting these clues together, the technical picture still favors the upside, with confirmation coming if price sustains above the 50.50–50.70 zone.
If that happens, considering Silver’s recent momentum, we could easily see $55 as the next target in the coming week.
As long as $49 remains intact, my plan stays simple — buy the dips. 🚀
SILVER USDHI GUYS,
We are so bullish on silver . still holding on to buy entries that we made last 3 months, last month and last week.
Take profit GRAND FINAL HS H4 (56.59109 HEAD)
Take profit MID TERM HS H4 ( 53.23641 SHOULDER).
I will post entries only when we reach mid term area of interest soon.
we can adjust our trailing stop loss to secure profits on every break and retest moves the market presents.
WISH U LUCK AND SAFE HOLDING, TILL TAKE PROFIT AREAS
SILVER SELLERS WILL DOMINATE THE MARKET|SHORT
SILVER SIGNAL
Trade Direction: short
Entry Level: 5,140.8
Target Level: 5,029.5
Stop Loss: 5,214.4
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
Market Insight: Silver’s Next Move Hinges on MA Breakout!🎯 XAG/USD: The Great Silver Heist - Bearish Breakout Setup! 💰
📊 ASSET OVERVIEW
Pair: XAG/USD (Silver vs U.S. Dollar)
Market: Precious Metals
Strategy Type: Swing/Day Trade
Bias: 🐻 BEARISH
🎭 THE HEIST PLAN (Trading Setup)
🔴 Entry Zone: The Breakout
Level: $49.50 (MA Breakout Zone)
Signal: Waiting for price to break below moving average support
Confirmation: Clean break with volume + momentum shift
🛑 Stop Loss: The Safety Vault
Level: $52.00
Purpose: Protection for potential pullback scenarios
Note: This SL accommodates a possible bounce before continuation down
⚠️ Risk Disclaimer: Fellow traders, this stop loss is MY risk tolerance. YOU decide your own risk parameters. Trade what YOU can afford to lose. Your money, your rules! 🎰
🎯 Target: The Escape Route
Primary Target: $47.00
Why This Level?
🚧 Strong resistance zone acting as support (role reversal)
📈 Overbought conditions on lower timeframes
Potential bull trap zone - perfect profit extraction point
⚠️ Profit Disclaimer: This is MY target based on MY analysis. YOU make your own profit decisions. Lock gains when YOUR strategy says so. Always secure the bag at YOUR comfort level! 💼
🔍 TECHNICAL ANALYSIS BREAKDOWN
Key Factors:
Moving Average Breakdown - Price rejecting MA as new resistance
Market Structure - Lower highs forming on H4/D1 timeframes
Resistance Cluster - Multiple confluences at $52 area
Volume Profile - Decreasing buy pressure
What I'm Watching:
📉 Sustained close below $49.50
📊 Volume confirmation on breakdown
🕒 Time alignment with USD strength cycles
💱 RELATED PAIRS TO MONITOR (Correlation Watch)
Metals Family:
XAU/USD (Gold) - Moves in tandem with silver ~70% correlation
GC1! (Gold Futures) - Leading indicator for precious metals sentiment
HG1! (Copper Futures) - Industrial metals correlation
USD Strength Plays:
TVC:DXY (Dollar Index) - Inverse correlation with metals
FX:EURUSD - Risk-on/risk-off sentiment gauge
FX:USDJPY - Safe haven flow indicator
Key Point: When DXY 📈 = Precious metals 📉 typically. Watch Fed policy signals and real yields for directional bias!
🎪 THE "THIEF STYLE" STRATEGY PHILOSOPHY
This setup follows the "steal profits when the market sleeps" approach:
🎯 Identify overextended moves
⏰ Wait for breakout confirmation
💨 Execute with precision
🏃 Escape before the reversal
It's all about timing, patience, and taking what the market gives!
Conduct your own research (DYOR)
Use proper risk management
Never risk more than you can afford to lose
Consider consulting a licensed financial advisor
💼 No Guarantees: No trading outcome is guaranteed. Markets are unpredictable. Trade responsibly!
📢 ENGAGEMENT FOOTER
✨ "If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!"
🏷️ HASHTAGS
#XAGUSD #Silver #PreciousMetals #BearishSetup #SwingTrading #DayTrading #ForexTrading #MetalsTrading #TechnicalAnalysis #BreakoutStrategy #SilverTrading #USD #DXY #ForexSignals #TradingIdeas #ChartAnalysis #PriceAction #RiskManagement #ForexCommunity #TradingView #MarketAnalysis
🎬 End of Analysis | Trade Safe, Trade Smart! 🎬
SILVER Local Long! Buy!
Hello,Traders!
SILVER SMC based analysis shows price reacting from the horizontal demand area where liquidity has been swept and bullish order flow may soon resume. Expecting a possible push upward toward the next target level once internal structure confirms a shift. Time Frame 5H.
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Silver corrective pullback support at 4737The Silver remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 4737 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 4737 would confirm ongoing upside momentum, with potential targets at:
4980 – initial resistance
5066 – psychological and structural level
5166 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 4737 would weaken the bullish outlook and suggest deeper downside risk toward:
4667 – minor support
4600 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the silver holds above 4737. 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.






















