SILVERHello & welcome to this analysis
Since May 2024, Silver (Comex) has surpassed $32.5 only once and failed on 4 attempts (including Fri - 14th Feb). Silver (MCX) has surpassed 96500 only once and failed on 3 attempts (one less due to $:INR impact).
Is this setup a complex H&S in the making (multiple shoulders)? I have my doubts on that because the weekly and monthly patterns are of a cup and handle formation with the latter in the process of currently shuffling out weak hands.
A daily close above 32.50 / 96500 would lead to a strong rally. Strong support now at $31 / 93500
Medium to long term view bullish, short term volatile - waiting for breakout
Regards
Silveranalysis
SILVER VIEW⚠️Education Purpose only!!!!
Key Support area:-87,100
Key Resistance area:-96,200
Silver has long been considered a 🏦 store of value and a 🛡️ hedge against inflation.
Riskier but suitable for speculation and hedging.
🔧 Industrial Demand – Used in ⚡ tech, ☀️ solar, 🚗 EVs
💰 Monetary Hedge – Safe-haven in 🔥 inflation & 📉 downturns
⛏️ Supply Constraints – Limited mining, rising demand 📊
📊 Growing Investment – ETFs & retail piling in 🚀
⏳ Long-Term View
If industrial demand and inflation persist, silver could see 📈 strong appreciation over the next decade.
🔍 Investors should monitor global economic trends, 📉 interest rates, and ⛏️ mining supply data to make informed decisions. 🚀
Price Action applied :-
⭕️50 Day Moving averages
⭕️Channel Pattern Formation
⭕️Range Breakout
⭕️Triangle Pattern Formation
⭕️Demand Zone
⭕️Major Resistance area
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✍️COMMENT Below your view
Silver Commodity - Breakout in Day TimeFrameSince September, silver futures have been consolidating, indicating a period of price stability and indecision among traders. As of today, January 30, 2025, the market has experienced a breakout from the established trendline, signaling a potential shift in momentum. This breakout could suggest renewed buying interest and the possibility of upward price movement, making it an opportune time for traders to reassess their positions and strategies in light of this development.
Commodity Analysis: Silver – Potential Short-Term UpsideHello, Traders! 👋
Silver is shaping up for an interesting move:
📈 Technical Overview:
🔹 Higher low formed on the weekly chart, suggesting potential accumulation.
🔹 My ILTF indicator has already signaled a BUY, but the price remains sideways for now.
🔹 A breakout above 92,000 could trigger a short-term upmove toward the all-time high (ATH).
💡 Current Plan:
I’m not holding any position currently but closely watching for momentum on the daily chart. If a breakout occurs, I may consider initiating a pilot position to capture the move.
⚠️ Disclaimer:
🔹 I am not a SEBI-registered advisor.
🔹 This analysis reflects my personal views and is not a recommendation to buy or sell.
🔹 Shared purely for learning purposes—please conduct your own research or consult a professional before trading.
Keep an eye on Silver—things might get shiny soon! 💡
SILVERHello & welcome to this analysis
In the short term it appears to be under pressure mainly due to the strength seen in DXY.
In the medium to long term its in the completion of a very large breakout, we might not see the current price level for decades after 1-2 quarters of 2025
All the best for your Investing and Trading
SILVER FUTURES - INTRADAY In silver futures, 88,800 has been acting as a support level since December 23. Currently, the price is near this support line and hovering around the Weekly CPR (blue dotted lines). Silver can be considered for intraday trading now, with a stop-loss below the blue line or 88,600.
XAGUSD - Accumulation , manipulation and Distribution Power of 3: Accumulation, Manipulation, and Distribution (PO3) :
1. Accumulation:
Definition: Accumulation is the phase where institutional traders (also called "smart money") build up their positions (either buying or selling) without causing significant price movement. They do this quietly to avoid attracting attention from retail traders.
Purpose: During accumulation, price often consolidates, moving sideways within a range, creating a liquidity pool as both buyers and sellers participate. The purpose is to gather enough orders (buy/sell) before the next big move.
Example: In forex, accumulation can be seen when a currency pair’s price remains in a narrow range, forming a consolidation pattern such as a rectangle or triangle. Traders often wait for a breakout from this range as a signal of the next move.
2. Manipulation:
Definition: Manipulation is the phase where smart money manipulates the market to trigger retail traders' stop-losses and induce them into the wrong positions. This is often done through a false breakout or a sudden spike in price.
Purpose: The goal is to grab liquidity by triggering stop-losses placed by retail traders near obvious levels of support or resistance. This creates an opportunity for smart money to take the opposite position with minimal slippage.
Example: In forex, a manipulation phase might occur when price breaks out of a consolidation range, tricking retail traders into taking a position. After this false breakout, the price reverses, catching retail traders on the wrong side of the trade.
3. Distribution:
Definition: Distribution is the phase where smart money begins to exit their positions after successfully manipulating the market. This leads to a strong directional move as their large orders push the price significantly.
Purpose: The purpose of distribution is to unload the accumulated positions at a profit. As the market moves in the intended direction, retail traders who were manipulated into taking the wrong positions are forced to exit, adding momentum to the move.
Example: In forex, distribution is visible as a sharp, sustained price movement in one direction (either bullish or bearish). This often follows the manipulation phase and can result in significant price swings.
Disclaimer : Study is for educational purpose.
Silver is going to continue the rally Up as Historic Trend showsChart Understanding:
-- XAUUSD is price of 1 ounce of Gold in USD. Also known as Spot gold price chart.
-- XAGUSD is price of 1 ounce of Silver in USD. Also known as Spot Silver price chart
Spot Gold to Spot Silver price ratio of last 20 years shows how silver will trend in the near future.
-- When graph goes down, Silver rises.
Analysis
-- Last time when silver was at an all time high $34 USD/ounce, the ratio was at 46:1.
-- The ratio fell below the lower band and thus silver prices fell as mean reversion came to effect.
-- This time, when silver is at $34 USD/ounce, the ratio is at 79:1.
-- If mean reversion will happen this time, then it means silver still has a lot of price hike to catch to attain that.
-- If ratio of 66 is to be attained, keeping gold price constant, the silver price needs to increase to $41.5 USD/ounce, which is an increase of roughly 23% from current price.
As such, silver seems to be a better bet in the current uncertain times to give good returns compared to gold. The historical valuation of both precious metals show that silver has long been lost in the valuation race and has lot to catch.
"A historical analysis by the World Gold Council shows that despite gold’s current higher market value, silver’s intrinsic value is higher due to its relative rarity — five times less abundant than gold (World Gold Council, 2023). As historical and intrinsic value factors realign, silver’s price could adjust to reflect its true worth, potentially exceeding gold’s value in the (distant) future."
SILVER Breakout Confirmed........Silver broke weekly resistance and weekly close confirmed it.
Next target is 35$ and 37$. It may pullback from there before reaching 48-50$.
Trade as per risk management.
NOTE : ALreay silver view was given before at 27-28$ with target of 32$. This is an update actually. You can find previous chart idea below in link
XAGUSD/SILVER 4H BUY PROJECTION 06.09.24In this latest upward cycle of the silver market, Fed interest rate moves are playing an oversized role in pumping up silver prices. In early July, as analysts factored in the rising potential for interest rate cuts in the remainder of 2024, silver prices were once again testing May's nearly 12-year high.
SILVERHello & Welcome to this analysis
Silver has activated a Bullish Harmonic Gartley in daily time frame
MCX Silver due to budget day duty cut has seen the pattern gone invalid but appears likely to bounce back along with Comex Silver
Possible upside levels
Silver (Comex) 4hr close above $27.10 opens for $28.65 / $ 29.40 / $30.40, SL would be today's low (provided it goes and sustains above $27.10
Silver (MCX) 4hr close above INR 82750 opens for INR 85000 / INR 86500 / INR 88000, SL would be today's low (provided it goes and sustains above 82750)
Regards
SILVER 🚀 👨🚀 Support on 31.68 on 20th June will trigger price upwards to 43.35 within or on 20th Oct 2025 marked on the chart
31.68 ( 20th june 2024 )
43.35 ( 20th Oct 2025 )
Disclaimer:
It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.