XAGUSD / SILVER / SI BIGGER PICTURE ANALYSIS 30-May-2025: Bull oLTP 33.18
Support: 32.62/31.65
Resistances: 33.5/33.7
As long as it is above 32.62, I am bullish and expecting 33.55 first.
Targets:
Minimum target: 33.55-33.70-33.95
34.30
Normal target: 34.6-34.75-34.97
Ultimate target: 35.61-35.77-36.25
Buy on Dips is my view.
About Silver / U.S. Dollar
Silver Prices have been followed for centuries. Silver (XAG) is a precious metal used in jewelry, silverware, electronics, and currency. Silver prices are widely followed in financial markets around the world. Silver has been traded for thousands of years and was once used for currency backing. Silver continues to be one of the most commonly traded commodities today. Silver prices are highly volatile due to speculation and supply and demand. Ag is the chemical symbol for silver on the periodic table of elements and its ISO currency symbol is XAG.
Triangle breakout in silver. Down to earth..
Elliott Wave Analysis:-
1st possibility:- (look Previous chart published)
Silver is in a triangle breakout. if it is getting towards upside breakout then we have a nice opportunity of pullback and and we can add it if the pullback occurs. else we can enjoy this journey quietly.
2nd possibility:-
Will Silver break out in rounding bottom after 13 years..?Silver is consolidate since quite sometime with resistance at 34.50-34.90 level. Today it has shown some good strength and if it’s able to cross and sustain above 34.90-35.00 then it’s open to SKY and has potential for 50%+ gain. Keep an eyes.
Silver (XAG/USD) Bullish Breakout Setup – 4H Chart Analysis📈 Bullish Setup
Key Zones & Levels:
🔵 Current Price: 33.48
🟣 EMA 70 (Support): 32.83
🔻 Acting as dynamic support
🟦 Demand Zone:
📍 32.54 - 32.83
🟢 Strong buying interest expected here
🟥 Resistance Zone:
📍 Around 33.48 - 33.60
⚠️ Breakout above this zone could trigger buying momentum
Trade Setu
silver in triangle breakout. Two possibilities. one is impulisveElliott Wave Analysis:-
1st possibility:-
Silver is in a triangle breakout . if it is getting towards upside breakout then we have a nice opportunity of pullback and and we can add it if the pullback occurs. else we can enjoy this journey quietly.
2nd possibility:-
Silver had already made
Finally today Silver crossed 35 $ after consolidating for 3 mnthToday Silver finally crossed resistance of $35 after consolidating for 4 months. If it is able to sustain above 35 level we can see big rally of 50-100% in few months. It touched 36 in no time once it crossed 35 level. It may consolidate a bit in this range.
XAUUSD / SILVER / SI ANALYSIS 07-JUN-2025: MORE TO GO?LTP: 36.33x
Supports: 34.99/33.70/32.67/31.65/28.31
Silver has done my initial target of 36.25.
I expect more bull move in the coming weeks/months/years.
Next targets on the Upside:
Target 1: 37-37.77, 38.21
Target 2: 40.34-40.64-41.1-42.3, 43.1-44.21
Extensions: 46.34-47.77-51
My view: Buy on d
Premium members again holding buy trade from 34.10 , Target 34.7How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.