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Silver FuturesSS

Silver Futures

37.975USD / APZD
−0.095−0.25%
At close at Aug 15, 20:59 GMT
USD / APZ
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SI1! trade ideas

Silver: Daily Reversal Possible at Supply ZoneI'm anticipating a potential daily reversal in silver prices. Retail traders are maintaining a bullish stance, while commercial traders remain heavily short. The current price action suggests a possible reaction to a key supply area. What are your thoughts on the likelihood of a reversal, and what technical indicators might support or refute this potential shift? ✅ Please share your thoughts about SI1! in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
COMEX:SI1!Short
by FOREXN1
9
Silver's Key Support Holds: Bullish Target at $39.20 Near TermCurrent Price: $37.12 Direction: LONG Targets: - T1 = $38.50 - T2 = $39.20 Stop Levels: - S1 = $36.60 - S2 = $36.20 **Wisdom of Professional Traders:** This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. The wisdom of crowds principle suggests that aggregated market perspectives from experienced professionals often outperform individual forecasts, reducing cognitive biases and highlighting consensus opportunities in Silver. **Key Insights:** Silver has shown resilience at its current levels, supported by increased industrial demand and heightened investor interest due to inflationary concerns. The metal remains strongly positioned as a hedge against macroeconomic uncertainties, including currency devaluations and geopolitical tensions. Technical indicators show a consolidation phase near the $37 range, presenting an upside potential if momentum persists. Key support levels around $36.60 strengthen the case for bullish sentiment, while upside resistance near $38.50 may be tested soon. **Recent Performance:** Over the last few weeks, Silver has experienced steady growth with a notable 5% climb from the $35 price zone. Despite minor retracements triggered by short-term profit-taking, strong underlying demand has consistently pushed prices back above critical levels. This performance highlights growing optimism for commodities in general, as traders eye Silver's historic role as a safe-haven asset during times of economic uncertainty. **Expert Analysis:** Market experts point to bullish patterns forming on Silver's daily charts, with its relative strength index (RSI) hinting at further upward movement. The convergence of moving averages signifies medium-term bullish strength, bolstered by increasing net longs in futures contracts. Experts also cite expanding industrial applications of Silver, especially in renewable energy technologies and electric vehicles, enhancing its demand profile in the long run. **News Impact:** Recent inflation-linked announcements have bolstered Silver's appeal as an investment hedge, while budget allocations in renewable energy initiatives signal supply-chain expansions for Silver usage. Additionally, the Federal Reserve's cautious stance on rate hikes has maintained supportive conditions for precious metals, which thrive in lower interest rate environments. These factors contribute positively to Silver's price outlook. **Trading Recommendation:** Traders seeking exposure to safe-haven assets or hedges against economic uncertainty may consider taking a long position on Silver. With critical support levels holding firm and a favorable demand backdrop, the metal offers a robust upside potential toward the $39.20 resistance in the near term. Placing stops below $36.20 can help mitigate downside risks, allowing traders to capitalize on this promising setup.
CLong
by CrowdWisdomTrading
Short on SILVERHTF look BULLISH whit news of IRAN but just munpelation news I see Silver engage on weely FVG but still shorting so my real bias is bearish > Overlapping parte whit +OB in HTF So after that engagement on 4H FVG i waited for failure of creating FVG higher Then after opening price directly go down that give me shift down side after that i jumped to engage short and my SL was above BAG of 1H as protected SL My target just 2RR my BE i will see how the price reacting after taking PWL
SShort
by Ictfiro
Coffee just gave a two-bar reversal to go long6 23 25 oil just went higher presumably from what happened with Tehran... and I heard several people say that oils going a lot higher. I really don't believe that but more importantly we can use some of the tools on the chart to decide when to take trades as a buyer and a seller. there's a clear difference between the S&P and the Russell and I would treat both of them differently. Tesla is bullish but it is coming to the sellers and they talked about that in the video. there are several other markets that I looked at as well.
C
by ScottBogatin
4
Silver- The New Love of GOLD bugs ?!The chart displays a bullish impulse wave structure, with clear labeling of waves ① to ⑤ (sub-waves) and i to v (main impulse structure). Here's the breakdown: 🔹 Wave Structure Wave ① and ②: Wave ② retraced to around the 0.382 Fibonacci level (94,054), which is a healthy correction. Wave ③: A powerful rally exceeding wave ①. Internally subdivided into 5 subwaves: (1)-(2)-(3)-(4)-(5), currently completing wave (4). Wave iv: Expected correction towards the trendline support zone (drawn in pink dotted line). May complete near or above the previous wave (i) high, respecting Elliott Rule. 🔹 Fibonacci Extensions 1.618 extension at 113,930 for wave ③ seems accurate — a common target for wave ③. Full Wave V target appears around 121,525, aligning with typical extensions (2.618+ of wave i). 🔹 Volume Analysis Declining volume during the current correction (wave 4) supports the idea of a healthy pullback. No excessive sell-off or distribution pattern seen. 🔹 RSI Indicator RSI currently at 39, below its MA (63.55), indicating short-term weakness or wave 4 correction in play. Oversold region not yet reached, suggesting room for a further drop before wave iv completes. 🟢 Summary ✅ Elliott Wave Count: Clean and accurate 5-wave impulse structure is developing. Currently in wave 4 correction, possibly moving into wave iv of Wave 3 or start of Wave 4 of the higher degree. 📉 Support Levels to Watch: 100,000–102,000 zone as a potential end of wave iv (confluence of trendline + prior resistance). 📈 Upside Targets: 113,930 (1.618 of wave i – ideal wave 3 top). 121,525 (likely wave v top). 📊 RSI Insight: Correction underway; not yet oversold. RSI confirmation around 30–35 with bullish divergence could validate wave iv bottom.
M
by Pushpmegh
SI1! - 7 months RECTANGLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk. ═════════════════════════════
CLong
by TheArtOfCharting
This is Friday and this is an intense look at Silver Friday I am showing you excruciating insights on Trading 2 bar setups and how they guide you to trading decisions that will send you off into the right direction and keep you out of decisions that will turn you in the wrong direction. you can only trade A two-bar reversal when it happens and sometimes the market doesn't have a two-bar setup and because of that you can miss some trades but if you follow the 2 bar patterns your trade performance should be much better than arbitrarily taking trades with no specific plan that gives you entries whether you're going long or short that are likely to trade in to the direction you're anticipating the vast majority of the time you keep the 2 bar set up near where your stop will be if you're wrong you'll have minimal risk. from my perspective if somebody told me they were Traders and they have good trades from time to time but they're taking a lot of losses and they're Trading with big stops I know they're not trading too by reversals and it tells me that their entries are not effective and that they don't know the direction of the market before they take the trade.
C
by ScottBogatin
SILVER BUY BUY BUY...TARGET 40Silver price rose to multiyear high today morning at $36.35/oz as the price finally closed above its key resistance of 35.05-35.45. Price is in a strong bullish trend to target the upper trendline of yellow ascending channel at 36.75 which will act as temporary resistance and may trigger a pull back towards 35.50 region before bouncing back. Stability above 35.05-35.45 will send price soaring towards 37.50 followed by 40.00-41.00 region. Break below 35.05 will trigger correction towards 33.60-34.20 area. On medium term basis Silver's bullish trend will remain valid till the price is stable above 33.60. Break and stability below 33.60 will send the price towards 32.70, 31.80 and 29.20 levels.
CLong
by mohsinhassan242
Potential Intermediate Silver Peak📉 Silver Futures Update – June 5, 2025 Silver may be nearing a short- to medium-term peak, with several indicators aligning toward a corrective phase: RSI shows bearish divergence on lower timeframes Momentum is stalling despite higher prices Candlesticks signal indecision/topping Volume surged on breakout but is now fading Cycles & Seasonality point to early June peaks COT shows heavy commercial shorts → institutional caution Wave (3) may have completed near $36.20 → setting up for Wave (4) pullback 📊 Bias: Moderately Bearish (Short-term), Long-term Bullish 📆 Trade Ideas Intraday (June 6): Short: $35.90–$36.10 Stop: $36.35 Targets: $35.35 / $34.95 / $34.55 Watch 6–9 AM EST for cycle reversal Short Term: Short on breakdown below $35.50 Medium Term: Buy Wave (4) dip $33.50–$34.00 Long Term: Accumulate $30–34 zone | Target $47+ ⚠️ **Caution** advised for new longs. Await dip for better R/R.
CShort
by AZ-Technical
Silver futures 2hrI’m expecting Silver to do either this coming Asian-London session. I’m still expecting the 38 fib to hold up to cont the long term bull trend. But the way the market works, the market needs Institution to enter to push the market higher & higher. That being said the market can range and push up for NFP! Patience and trade what you see! MY ANALYSIS HAS BEEN SPOT ON THIS ENTIRE WEEK, FOLLOW AND LIKE FOR MORE MARKUPS THESE COMING WEEKS LET RIDE THE MARKET TO FREEDOM
CLong
by MFinancial
2
Silver ready to outperform Gold? Finally, silver is breaking to the upside out of the April–May consolidation, and so far there’s been a strong push above the 33.70 resistance, and with the market closing well above that level, it confirms that bulls remain in control and could stay in charge after any near-term dips. Ideally, we are now in the third leg of recovery, which could extend beyond the October 2024 highs around 34.87. Once that level is cleared, the third leg may continue higher within a higher degree wave five, possibly targeting the 36–37 zone. At the same time, we also see the gold-silver ratio coming down from the 61.8% area, which is another signal suggesting the metals are in a broader bull run, with silver now likely to outperform gold until those 36–37 targets are reached. Grega
C
by ew-forecast
Precious Metals Leading Charge HigherStarting off the week today, traders are seeing many markets moving higher with the precious metals and energy markets leading the way. Gold futures over 2.5% on the session while Silver led the charge higher being up nearly 5%, and the Crude Oil market saw gains north of 3% while Natural Gas was up over 7% on the session. Equity markets traded slightly higher on the session but did not see the volatility seen in the precious metals or energy markets. Looking at the economic data today, there was a big slate of data coming out of the U.S. looking at ISM manufacturing and S&P Global manufacturing that came in worse than expected. Tomorrow, traders will get a look at CPI coming out of Europe and JOLTs data here in the U.S. that could add additional volatility to the precious metals for the rest of the week. Along with that, the CVOL for Silver still remains very wide as seen below, and looking back over the past year shows that the volatility is relatively low compared to the current underlying price even with the spike traders saw today. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/ *CME Group futures are not suitable for all investors and involve the risk of loss. Copyright © 2023 CME Group Inc. **All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
C
by CME_Group