SILVER trade ideas
Breakout in silver ??Silver $38.3
Breakout - the precious metal has broken out after 45 long years. It made an attempt in 2011 too but failed. Will it breakout decisively this time around ??
Elliott - according to Elliott wave count this is the 3rd wave and is generally the strongest of the three impulse waves. On the weekly chart on the right the precious metal is all set to make new highs to $41 a good 10% from here. This will finish the 5wave and a correction will set in , which will bring it back to the current zone. A new set of 5 waves will again begin form the $38 zone and will be a stronger move.
Pattern - definitely looks like a cup and handle breakout and is bullish. But am not a fan of these patterns.
Cycle- 45 years is the half harmonic of the 90year cycle. hence to me this breakout will be very significant.
Conclusion - I will be able to give a tgt once the three of three is over. And that has not even started. So to me it continues to be a buy now and on dips.
Silver buy on dip will break recent high and go near 42-44$How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone
Silver holding buy from 37.85 , we can see new ATH alsoHow My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone
OH Silver Chart Indicate some bearish tone...Key Points:
Trend:
The price is below the Ichimoku cloud → showing a bearish trend.
The blue and red lines (Tenkan & Kijun) are also in a bearish position.
The price is near the 0.236 Fibonacci level (around $37.78) – acting as a weak support.
Resistance Zone:
Around $38.10 – $38.20
Support Levels (Fibonacci):
0.382 → $37.50
0.5 → $37.31
0.618 → $37.12
1.0 → $36.52
🔄 Swing Trading Idea (Sell Setup):
Direction: Sell (because the trend is weak)
Entry Zone: $37.79 – $37.83 (Current Price)
Target 1: $37.50
Target 2: $37.12
Stop Loss (SL): Above $38.10
Risk-Reward Ratio: Around 1:2
If price goes above $38.10, this sell idea will fail.
Silver yesterday sold at 38.95 today booked at 37.65How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone
Silver updated levels, 39.60 to 40.30 next big resistance How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone
Silver levels currently at big resistance area avoid buy at cmpHow My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone
Silver sell on rise until 36.90 not break making bearish M paterHow My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone
Silver (XAGUSD) – Bullish Continuation Structure Across All TimeMarket Overview
Silver continues to present a structurally aligned long setup across all major timeframes. From the monthly down to the H4, each chart reflects a bullish continuation with clean breakouts and valid pivot zones holding. The confluence of structure and Fibonacci alignment signals that the trend remains in an expansion phase, with higher timeframe levels validating upside targets.
Long-Term Outlook
On the monthly and weekly charts, Silver maintains its bullish trend structure. The recent breakout above the weekly 186.80% Fibonacci extension at $36.921 reinforces the upside continuation. The next higher timeframe resistance appears around the $38.50–$39.00 zone, corresponding with the 200.00% Fibonacci target on both weekly and monthly scales. The weekly pivot at $35.983 continues to serve as a structural anchor.
The Daily Chart
Daily structure confirms a clean bullish continuation following a period of consolidation. Price has cleared the prior resistance and is approaching the target Fibonacci cluster zone. The daily pivot level at $36.027 holds as a critical validation point for trend continuation. A bullish impulse from this zone has already begun forming, targeting higher Fibonacci extensions.
Short-Term Dynamics
On the H4 timeframe, a break above the H4 structure at $36.843–$36.921 activated a sequence of bullish target zones. The corrective leg down to the H4 pivot was respected, and the market has since resumed upward movement, supported by a clear countertrend break. The green arrow projects potential continuation into the target zone up to $38.20.
Trigger Conditions
Long Trigger: any H1/M15 countertrend break until the H4 pivot holds
Short Trigger: None identified—structure supports continuation long only at this stage
Target Zones
H4 Target Fibonacci: $36.00–$38.60 (138.2–161.8%)
Daily Target Fibonacci: $37.60–$37.80 (138.2–161.8%)
Monthly Fibonacci Extension: $38.20 (200.0%)
Validity
The setup remains valid as long as the daily pivot zone at $36.027–$36.106 holds. A breakdown below this area would challenge the continuation structure and call for reevaluation.
Summary
Silver remains in a confirmed bullish expansion phase, with a clean break of structure aligning across monthly, weekly, daily, and H4 charts. As long as the daily pivot zone remains intact, Fibonacci targets up to $39.00 remain structurally valid. This setup reflects a textbook continuation scenario under a multi-timeframe framework.
What’s your take on Silver’s current expansion structure? Do you see continuation into the upper Fib zone?
SilverSilver ( OANDA:XAGUSD ) – Bearish Head & Shoulders Forming on 4H Chart
Silver is currently trading at $35.95/oz and forming a Head and Shoulders pattern on the 4-hour chart — a classic bearish reversal setup. The right shoulder is still in formation, with the neckline support around $35.26.
🔍 Key Levels to Watch:
Neckline: $35.26
Breakdown Target: $33.24
Pattern Type: Bearish Head & Shoulders
⚠️ A decisive break below the neckline could trigger a short-term correction toward $33.24. Until then, price action near the neckline should be watched closely for confirmation.
📉 Short bias on breakdown. Wait for confirmation before entry.
Silver levels for next week buy on dip near support avoid sell How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone
Silver (XAG/USD) Bullish Trade Setup from Key Support Zone XAG/USD (Silver) Trade Analysis – 2H Chart (July 2, 2025)
🔹 Trade Setup Overview:
Entry Point: 35.84299
Target (TP): 37.32540
Stop Loss (SL): 35.59483
Current Price: 36.36350
Risk/Reward Ratio: ~5.9:1 (Very favorable)
🔹 Technical Insights:
Support Zone:
Price recently tested and respected a strong demand zone between 35.60 – 35.84, which has now acted as a bounce level.
Multiple wicks and rejections at this zone highlight buyer interest.
Moving Averages:
50 EMA (red) is starting to flatten, possibly hinting at momentum reversal.
200 EMA (blue) held as dynamic support during the last dip — a bullish signal.
Breakout Potential:
Price has bounced off the entry zone and is approaching minor resistance near 36.40–36.60.
A clean break above this area can trigger momentum toward the 37.30s.
Volume & Momentum:
The latest candle shows strong bullish momentum, validating the bounce setup.
No sign of exhaustion yet.
🔹 Strategy Suggestion:
Entry has already occurred or is slightly above entry zone — ideal for aggressive traders to ride the momentum.
Conservative traders may wait for a pullback near 36.00–36.10 before entering.
SL is well-placed below previous lows and structure — reasonable protection.
🔹 Conclusion:
This setup reflects a bullish continuation trade from a strong support zone. Given the risk/reward profile and recent bullish action, this trade is technically sound as long as price stays above 35.84. A close below this level could invalidate the setup
Silver Triangle Breakout Targets $37.00Long consolidation and stability above 4 hourly 50 EMA $36.20 leads to triangle resistance breakout above $36.55 opening the way towards swing high $36.85 followed by next leg higher $37.00 & $37.25
Major support sits at consolidation base $35.80 followed by triangle base $35.45
Silver making poll and flag pattern ready for fresh ATHHow My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone
Silver buy on dip given yesterday morning enjoy huge profit How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone
Silver still buy on dip for positional fed rate cut upmove comeHow My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone
Silver holding buy trade from 36$ 36.60, 36.90, 37.20 Target How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone