
Silver CFD forum
๏ปฟ
We will expect another weekly stop hunt of a weekly low soon ๐ haven't had one in 5 weeks

Price is currently consolidating around 42.492 at the demand zone.
If a breakout happens to the downside, there is a possible chance price may move toward the FVG level, which lies under the demand zone.
Until breakout confirmation, price is likely to remain ranging around demand...
Do like and follow for more updates...
tradingview.com/x/FoApAkcA

FOLLOW THE TARGETS GUYS
Key Scenarios
โ Bullish Case ๐ โ
๐ฏ Target 1: 42.60
๐ฏ Target 2: 42.78
๐ฏ Final Target: 42.95
โ Bearish Case ๐ โ ๐ฏ Downside Target: 42.32 โ 42.05 if 42.30 fails to hold
Current Levels to Watch
Resistance ๐ด: 42.72 / 42.95
Support ๐ข: 42.40 / 42.32
โ ๏ธ Disclaimer: For educational purposes only. Not financial advice.


๐ Retail Trader Sentiment ๐
RSI: 41 โ Neutral / Balanced
Positioning: 55% Long (safe-haven demand + Fed rate cut expectations)
Investor Focus: Buying dips amid industrial demand surge
Fear Level: None extreme
๐ฆ Institutional Trader Positioning ๐
CFTC (as of Sep 9):
Managed Money: 49,390 Longs vs. 13,535 Shorts
Producer/Merchant Longs: 3,805
Overall Bias: 52% Long
Drivers: Inflation hedge buying, cautious optimism
Headwind: Dollar strength caps aggression
๐ง Investor Mood Overview
Tone: Moderately Bullish
Performance: +38.58% YTD vs. Gold
Supports: Geopolitical tensions + Green energy demand
Signals: Neutral RSI + steady ETF inflows = controlled optimism
๐จ๐ Fear & Greed Index
Score: 58/100 โ Greed
Components:
Market momentum โ
Low volatility โ
Advance-Decline ratios rising โ
Put/Call ratio = cautious โ๏ธ
Conclusion: Momentum-driven greed outweighs fear
๐ Fundamental Score
Score: 70/100
Bullish Drivers:
Strong industrial demand (electronics, renewables, clean energy)
Supply deficits
Fed rate cut expectations supporting non-yielding assets
Outlook: Bullish trajectory from current dynamics
๐ Macro Score
Score: 65/100
Positives:
Dovish central banks
Persistent inflation
Geopolitical risks (safe-haven boost)
Global recovery โ industrial usage
Restraint: Elevated bond yields
Net Bias: Macro environment favors upside
๐ Overall Market Outlook
Bias: Bullish (Long)
Momentum: Strong buy signals from technicals + moving averages
Medium-Term: Industrial + investment demand reinforces trend
Projection: Continued bullish impulsive leg ๐