The chart shows that after a sharp drop from the top, price entered a symmetrical triangle pattern. This pattern usually represents market compression before a strong move.
Currently price is trading very close to the lower support of the triangle, meaning the next move could be decisive.
If this support breaks, the bearish scenario shown by the red arrow becomes highly probable.
📉 Short-Term Scenario
Price is sitting near the lower trendline of the triangle around 81–82.
A confirmed breakdown below this level could trigger a downside move.
Potential downside targets:
• First target: 75
• Second target: 70
Stop loss for this setup:
• 85
Short-term structure is bearish-biased unless price reclaims higher resistance levels.
📈 Mid / Long-Term Scenario
From a broader perspective, silver may still be in a consolidation phase after a major rally.
If price breaks above the upper triangle resistance around 90–92, a bullish continuation becomes likely.
Upside targets:
• First target: 98 – 100
• Second target: 110
• Long-term target: 120
Logical long-term stop loss:
• 64
🧠 Brief Fundamental Outlook
Key factors affecting silver:
1️⃣ US interest rates
Lower rates usually support precious metals.
2️⃣ US Dollar strength
Silver tends to move inversely to the dollar.
3️⃣ Industrial demand
Silver is widely used in solar panels and electronics, increasing long-term demand.
4️⃣ Global economic uncertainty
During financial stress, investors often move capital into safe-haven assets like silver.
Currently price is trading very close to the lower support of the triangle, meaning the next move could be decisive.
If this support breaks, the bearish scenario shown by the red arrow becomes highly probable.
📉 Short-Term Scenario
Price is sitting near the lower trendline of the triangle around 81–82.
A confirmed breakdown below this level could trigger a downside move.
Potential downside targets:
• First target: 75
• Second target: 70
Stop loss for this setup:
• 85
Short-term structure is bearish-biased unless price reclaims higher resistance levels.
📈 Mid / Long-Term Scenario
From a broader perspective, silver may still be in a consolidation phase after a major rally.
If price breaks above the upper triangle resistance around 90–92, a bullish continuation becomes likely.
Upside targets:
• First target: 98 – 100
• Second target: 110
• Long-term target: 120
Logical long-term stop loss:
• 64
🧠 Brief Fundamental Outlook
Key factors affecting silver:
1️⃣ US interest rates
Lower rates usually support precious metals.
2️⃣ US Dollar strength
Silver tends to move inversely to the dollar.
3️⃣ Industrial demand
Silver is widely used in solar panels and electronics, increasing long-term demand.
4️⃣ Global economic uncertainty
During financial stress, investors often move capital into safe-haven assets like silver.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.