SILVER (XAGUSD): Waiting For BreakoutIt appears that ⚠️SILVER is gearing up for a bullish trend.
Analyzing the 4H time frame, I spotted a falling wedge pattern and a confirmed breakout above its upper boundary.
The final hurdle for buyers is the 36.11 - 36.17 neckline of a cup and handle pattern.
If the bulls manage to break and
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.
KOG - SILVERSILVER
As with gold and oil, looking at this expecting a gap on open and potential for a move driven by the news. If we do spike down, the red box is the level to watch with the red box levels above as potential target levels on the breaks.
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Silver Price Retreats from 2012 HighsSilver Price Retreats from 2012 Highs
As shown on the XAG/USD chart, the price of silver climbed above $37 per ounce yesterday — a level not seen since 2012. However, this morning, the price has dropped by approximately 2.5% from yesterday’s peak.
The bullish driver behind the rally has been fear
market next move 🔻 Bearish Disruption Perspective:
1. Breakdown of the Support Zone
The highlighted red box is acting as support.
However, multiple retests of this zone indicate weakening support.
If price breaks below ~$35.50 decisively, it could trigger a bearish continuation.
2. Low Volume on Recent Candles
Multi Year Silver BreakOut to USD 42.11We're looking at XAGUSD breaking out to USD 42.11 after several years of being in consolidation and storing a lot of suppressed energy/ momentum which has broken out a few weeks back. This is also supported by a Gold Silver ratio exceeding 100 and as of now cooling down below 95.
Silver (XAGUSD) Nears Key Support ZoneSilver (XAGUSD) has surged to a new 13-year high, decisively confirming the bullish trend in the precious metal. The ongoing rally, which began from the May 15, 2025 low, is unfolding as an impulsive Elliott Wave structure, characterized by strong upward momentum. From the May 15 low, wave 1 peaked
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Displays a symbol's price movements over previous years to identify recurring trends.