Structure | Trend | Key Reaction Zones Silver is holding above 40.600โ40.660 demand zone, showing signs of intraday strength. Short-term momentum favors a bullish scalp move.
Market Overview Price recently retested support and is consolidating within a tight range. As long as buyers defend the 40.600 zone, we could see a quick bounce targeting nearby resistance levels.
Current Levels to Watch Support ๐ข: 40.600 / 40.500 Resistance ๐ด: 40.750 / 40.800 / 40.900
โ ๏ธ Disclaimer: This analysis is for educational and informational purposes only. It is not financial advice. Please do your own research before trading.
Buy 2: $39.00 This is the strongest support level, harmonically aligned with the Square of 9 matrix. It represents a high-probability re-entry zone if sharp profit-taking occurs. Directive: Place resting bids here, with protective stops below $38.50.
Buy 1: $39.75 The first retracement level and immediate support below current prices. It is ideal for scaling into long positions if silver retests its breakout base. Directive: Initiate or add to longs here; manage risk under $38.80.
Neutral Zone (Balance Point)
Mean: $40.50 This represents the equilibrium of value in the current market. Holding above this mean keeps bullish control intact, while a break below warns of short-term corrective action. Directive: Maintain long positions above the mean; flatten if silver closes below $40.50.
Sell Zones (Profit-Taking / Counter-Trend Shorts)
Sell 1: $41.50 The first resistance aligned with a Square of 9 rotation, offering a high-probability mean-reversion zone. Directive: Scale out of 25โ50% of longs here; aggressive traders may short with stops above $42.00.
Sell 2: $42.50 Major resistance overlapping with Square of 9 harmonic at $42.22. This is a strong profit-taking zone if silver accelerates. Directive: Exit the majority of longs; avoid chasing prices higher.
SILVER Huge upside potential is unlocked. Strong support at 39,5 and first big resistance at 42,6$. I have put a 3% trailing stop loss and take profits at between 42,3$ and 42,9$. After that I expect some pull back and will be entering again at levels between 39,6 and 40,5 targeting higher highs at 45 and then 48. Ride the wave ๐โโ๏ธ๐
XAGUSD 39.8 decent pullback area, 39.10/13 deeper pullback/test support. Move to the upside pretty strong, CVD strong (weekly). It may be too high to enter long or add to positions, but 39.5/40 may be a key zone.
SILVER the channel has been broken. Momentum is strengthening. My target is closing ~half position at 50. But this is not the place where I would add more. I would wait for the ~38 to add more.