Time to Ride the #Silver Wave!!! +12% potential PROFITIt doesn't get easier than this.
We have a bullish daily t@m expiring on Oct 3rd.
Targets of $33.5 and $35.2
Entry at low $31's
Stop at $30.6
About Silver Futures
Silver Prices have been followed for centuries. Silver 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.
FLAG PATTERN IN SILVER! BREAKOUT OR FAKEOUT?Silver Update (4-Hour Time Frame)
Pattern: Bull flag pattern forming, indicating a potential bullish reversal.
Fundamental Outlook: Gold prices hit a new all-time high following the Federal Reserve's interest rate cut, signaling positive momentum for precious metals.
Key Levels:
Support at 89,030
Silver Soars amid China’s Stimulus and Investment DemandSilver’s dual role in both investment and industry makes it highly sensitive to economic slowdowns but also well-positioned to thrive during periods of strong growth.
Silver prices have surged 30% year-to-date, driven by a fourth consecutive year of supply deficit, soaring demand from the expandin
Can SILVER BREAKOUT above 32.50?Silver (along with every other beaten down commodity) exploded on the news of China's stimulus! Unfortunately for silver bugs "somebody" was lying in wait with a mighty big hammer when it poked its head above 32.50.
In a vacuum the fundamentals (supply/demand) are incredibly bullish. However in
Gold & Silver Have Confirmed An Attempt To New ATHsWatch this video to understand how Fibonacci Price Theory suggests Gold & Silver are moving in a bullish price trend - attempting to break recent resistance levels.
I believe Gold and Silver will continue to rally, reflecting global capital risk factors, and break to new ATHs before the end of 2024
WEEKLY FOREX FORECAST SEPT 7-11th: SILVER | XAGUSDSILVER | XAGUSD is in position to make more gains. My bias is bullish, and I am looking out for long setups.
41.140 is my invalidation line. Should price break below this price, I will change my bias to bearish.
Check the comments section below for updates regarding this analysis throughout the
Silver ~ Is this top lasting?In EW speak, this is still a bullish chart. So long as the blue box region holds, there's a chance to reverse higher soon. Don't want to see it lose that major support zone in red down below... tick tock.
reversal brewing in silvershort term bullish. if the longer running trends also give, thats very bullish upto longer term resistance
The Power of TrendinesA comprehensive review of the multi-year cycle lows in the precious metals complex
Silver Breakout Likely within Weeks - 32.75 Line in the SandSilver approaching 32.75 level after completing a corrective move this week.
37.75 is the line in the sand. A close above this level will confirm a historical breakout.
35 is almost certain and 40-45 a possibility before undergoing a larger, intermediate level correction.
Watch for more detail.
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Analyze a symbol's price movements over past years with our seasonal tools, helping you spot repeating annual trends and better gauge potential market patterns.
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Frequently Asked Questions
The current price of Silver Futures is 31.430 USD / APZ — it has fallen −0.63% in the past 24 hours. Watch Silver Futures price in more detail on the chart.
The volume of Silver Futures is 2.60 K. Track more important stats on the Silver Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Silver Futures this number is 117.93 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Silver Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Silver Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Silver Futures technicals for a more comprehensive analysis.