SILVER shorted silver at 1,64,000 target 162000Community discussions
SILVER shorted silver at 1,64,000 target 162000
SILVER Going good...
Technical Overview (Silver/USD → MCX Silver Futures correlation)
CMP:
• XAGUSD ≈ $48.34
• MCX Silver ≈ ₹147,800/kg
⸻
Daily Chart (1D)
• Strong uptrend from July → October, peaked near ₹160,000 / $51, now consolidating between ₹146,000–₹150,000 ($47–$49).
• Trend still bullish, but showing sideways range (accumulation zone).
• Key support around ₹144,500 / $47.2, resistance around ₹150,000 / $49.2.
Bias:
→ Bullish to neutral — likely a consolidation before next leg up.
→ Only bearish if daily closes below ₹144,000 / $47.
⸻
4H Chart
• Uptrend corrected sharply mid-October, then sideways for 2 weeks.
• Currently forming a higher low pattern, indicating buying interest near ₹145,000 / $47.
• Immediate resistance at ₹148,500 / $48.6.
• Breakout above that could retest ₹150,000 / $49.2 quickly.
Targets:
• Upside: ₹149,800 → ₹151,500 (if breakout holds)
• Downside: ₹146,500 → ₹145,000 (if rejection from ₹148,500)
⸻
1H Chart
• Tight range between ₹146,000–₹149,000.
• Momentum mildly bullish, but fading volume → likely a range breakout week ahead.
• MACD & RSI (if plotted) would likely show neutral divergence = potential volatility spike soon.
Intraday Zones:
• Buy near: ₹146,500–₹147,000
• Sell near: ₹149,000–₹149,500
• Breakout Buy: Above ₹149,800 (target ₹151,000)
• Breakdown Sell: Below ₹146,000 (target ₹144,800)
⸻
15m Chart (Intraday)
• Micro support around ₹147,000, short-term resistance ₹148,200–₹148,500.
• Expect gap-up on Monday (if COMEX stays above $48.5).
• Watch for quick pullback towards ₹147,300 zone — good buy entry if reversal confirmed.
Intraday Setup:
Type Entry Target Stoploss
Buy ₹147,200–₹147,400 ₹148,200–₹148,600 ₹146,700
Sell ₹148,700–₹149,000 ₹147,600 ₹149,400
⸻
Option Chain Analysis (MCX Silver Options)
(Based on latest data up to Friday)
Strike Call OI Put OI Interpretation
150000 High Low Major resistance zone
147000 Moderate High Strong support zone
145000 Moderate Rising Backup support
152000 Light — Upside target zone if breakout occurs
IV (Implied Volatility):
• Currently around 23–25%, which is mid-level → Expect a range expansion week.
• Rising IV + neutral OI build-up = potential for breakout soon.
⸻
Weekly Outlook Summary
Bias Silver/USD MCX Silver Futures
Trend Sideways to bullish Sideways to bullish
Support $47.0 / ₹145,000
Resistance $49.2 / ₹150,000
Trade Plan Buy dips near support; partial sell near resistance
⸻
Strategy for Monday–Friday
If price opens near ₹147,000–₹147,300
→ Look for buying opportunities with SL ₹146,500, targets ₹148,500–₹149,200.
If price gaps up above ₹148,500**
→ Wait for a retest near ₹148,200 before going long again.
Avoid chasing early gap-ups.
If breaks below ₹146,000
→Short for ₹144,800–₹144,000; likely only if COMEX dips below $47.6.
CMP:
• XAGUSD ≈ $48.34
• MCX Silver ≈ ₹147,800/kg
⸻
Daily Chart (1D)
• Strong uptrend from July → October, peaked near ₹160,000 / $51, now consolidating between ₹146,000–₹150,000 ($47–$49).
• Trend still bullish, but showing sideways range (accumulation zone).
• Key support around ₹144,500 / $47.2, resistance around ₹150,000 / $49.2.
Bias:
→ Bullish to neutral — likely a consolidation before next leg up.
→ Only bearish if daily closes below ₹144,000 / $47.
⸻
4H Chart
• Uptrend corrected sharply mid-October, then sideways for 2 weeks.
• Currently forming a higher low pattern, indicating buying interest near ₹145,000 / $47.
• Immediate resistance at ₹148,500 / $48.6.
• Breakout above that could retest ₹150,000 / $49.2 quickly.
Targets:
• Upside: ₹149,800 → ₹151,500 (if breakout holds)
• Downside: ₹146,500 → ₹145,000 (if rejection from ₹148,500)
⸻
1H Chart
• Tight range between ₹146,000–₹149,000.
• Momentum mildly bullish, but fading volume → likely a range breakout week ahead.
• MACD & RSI (if plotted) would likely show neutral divergence = potential volatility spike soon.
Intraday Zones:
• Buy near: ₹146,500–₹147,000
• Sell near: ₹149,000–₹149,500
• Breakout Buy: Above ₹149,800 (target ₹151,000)
• Breakdown Sell: Below ₹146,000 (target ₹144,800)
⸻
15m Chart (Intraday)
• Micro support around ₹147,000, short-term resistance ₹148,200–₹148,500.
• Expect gap-up on Monday (if COMEX stays above $48.5).
• Watch for quick pullback towards ₹147,300 zone — good buy entry if reversal confirmed.
Intraday Setup:
Type Entry Target Stoploss
Buy ₹147,200–₹147,400 ₹148,200–₹148,600 ₹146,700
Sell ₹148,700–₹149,000 ₹147,600 ₹149,400
⸻
Option Chain Analysis (MCX Silver Options)
(Based on latest data up to Friday)
Strike Call OI Put OI Interpretation
150000 High Low Major resistance zone
147000 Moderate High Strong support zone
145000 Moderate Rising Backup support
152000 Light — Upside target zone if breakout occurs
IV (Implied Volatility):
• Currently around 23–25%, which is mid-level → Expect a range expansion week.
• Rising IV + neutral OI build-up = potential for breakout soon.
⸻
Weekly Outlook Summary
Bias Silver/USD MCX Silver Futures
Trend Sideways to bullish Sideways to bullish
Support $47.0 / ₹145,000
Resistance $49.2 / ₹150,000
Trade Plan Buy dips near support; partial sell near resistance
⸻
Strategy for Monday–Friday
If price opens near ₹147,000–₹147,300
→ Look for buying opportunities with SL ₹146,500, targets ₹148,500–₹149,200.
If price gaps up above ₹148,500**
→ Wait for a retest near ₹148,200 before going long again.
Avoid chasing early gap-ups.
If breaks below ₹146,000
→Short for ₹144,800–₹144,000; likely only if COMEX dips below $47.6.
XAGUSD BUY SIGNALEntry Zone: 47.80 – 48.00
Take Profit (Target): 49.48
Stop Loss: 47.50
Trend: Bullish continuation inside ascending channel
Confirmation: Rebound from strong support + EMA 70/200 bullish alignment
📊 Signal Summary:
Silver is holding above key support (47.54–47.81). A rebound from this zone confirms buyer strength. Once price closes above both EMAs, momentum is likely to push toward the 49.48 target zone.
Action: BUY on dip near support, target 49.48.
CRUDEOIL1! SI1! CL1! 
MES1!
XAGUSD Technical Outlook & Swing Trading Idea (6 November 2025)Market Overview
Silver continues to build upward momentum after consolidating for several sessions within a tight range. The metal is currently trading around $48.65, marking a modest gain of 0.25% for the day.
With buyers showing renewed interest and the broader commodities market stabilizing, silver is now approaching a critical resistance area that could decide the next medium-term direction.
Technical Structure
The attached 1-hour chart reveals that silver has been trading above the Ichimoku Cloud — a sign of emerging bullish sentiment. More importantly, Fibonacci retracement and extension levels indicate that the next key resistance lies near $49.28 – $49.30, aligning with the 0.786 retracement zone.
This level acts as a trend confirmation barrier:
A clean breakout above $49.30 could open the way for the next bullish leg,
While sustaining above this mark would confirm a “Higher High” formation — the first since the late-October correction.
Technical Indicators
Ichimoku Cloud: Price action has cleared the conversion and baseline, and the cloud has turned mildly bullish, signaling a potential trend reversal.
Fibonacci Extensions: After a successful retest of $46.89 (recent swing low), key upside targets emerge at:
1.0 (50.75)
1.236 (51.67)
1.382 (52.25)
1.618 (53.14)
A sustained breakout above $49.30 would therefore project an upside potential of 4%–8% over the coming sessions.
Swing Trading Strategy
Bias: Bullish above $49.30
Time Frame: 5–10 trading days
Entry:
Buy on breakout above $49.30 (confirmation candle closing above this level)
Targets:
1️⃣ $50.75 (short-term target)
2️⃣ $51.67 (medium-term)
3️⃣ $52.25 – $52.68 (extended target if momentum sustains)
Stop Loss:
Below $48.10 (below the Ichimoku baseline and support zone)
Risk–Reward Perspective
Reward potential: ~$2.0 to $3.0 gain
Risk exposure: ~$1.2 downside
Approximate Risk–Reward Ratio: 1:1.7 — favourable for swing positions.
Summary
Silver is showing signs of strength with a clear pattern of higher lows and higher highs forming on lower time frames.
A decisive breakout above $49.30 could trigger the next leg higher toward $50.75 and $51.67.
Momentum traders and swing participants should keep watch for a volume-supported breakout, as that would validate the move beyond resistance.
Trading Note for Swing Traders
“Momentum is quietly building, and silver is on the verge of a trend reversal. A sustained break above $49.30 will confirm that the bulls have regained control — targeting the mid-$51 zone in the coming week.”
SILVER Entry 47.50 - 47.80 - SL 47.20
First Target 51.30 & Second Target 52.88
XAGUSD (Silver) – Buy Signal 💹Signal Type: BUY (Bullish Setup)
Entry Zone: 48.00 – 47.70
Buy Confirmation: Bullish candle formation or rejection from OB zone
Take Profit (TP): 🎯 50.48
Stop Loss (SL): 🛑 47.60
Analysis Summary:
Price is moving inside an ascending channel and testing the bullish order block (47.64–48.18) near EMA 70/200 support. If price holds above this zone, momentum favors a bullish continuation toward the target point 50.48.
Risk/Reward Ratio: ≈ 1:3
Trend: Bullish ✅
Timeframe: 1H
CL1! 
NATURALGAS1! XAGUSD 
NQ1! 
XAUUSD
XAGUSD may end down trend and prograssive towards $51.10 if the metal provide daily close above 49.10
XAGUSD Signal: BUY (after confirmation from support zone)🎯 Entry: 47.60 – 48.00
🎯 Target 1: 48.97
🎯 Target 2: 50.97 (main target)
🛑 Stop Loss: 47.40
📈 Strategy Used:
Trendline breakout + support zone confirmation
EMA confluence (70 & 200)
Risk/reward: ~1:3
Look for bullish candle patterns or RSI divergence before entry
XAUUSD CL1! NQ1! NATURALGAS1!
SILVER 47.8 followed by 47.15 followed by 45.8 next TP is more fall is coming and 137500 in INR for Dec expiry can be expected if this falls from here.