SILVER H1 Chart Analysis
Overall bias: Bearish / Sell-side bias
Current price is around 57.3810, slightly below the Pivot at 57.4471. The Dragon Flow panel also shows:
* Trend: Downtrend
* Main Plan: Sell-side bias
* Guardrail: Avoid counter Buy
So the cleanest trade logic is still to look for sell setups, not random buys.
⸻
Market Structure
SILVER has sold off aggressively from the upper zone near 65–66 down into the 56–57 area. Price is now consolidating after a strong drop.
Observation Meaning
Price below moving averages Bearish momentum remains active
Lower highs / lower lows H1 structure is still downtrend
Price below Pivot 57.4471 Sellers still have control
Sideways candles near the low Market is pausing before next move
This does not yet look like a confirmed bullish reversal. It looks more like a bearish consolidation after a strong selloff.
⸻
Key Resistance Levels
Level Meaning
57.4471 Pivot / immediate resistance
58.36–58.68 Nearby resistance zone
59.3159 R1
61.4267 R2
63.2955 R3
The most important short-term area is:
57.45–58.68
If price pulls back into this zone and rejects, it may offer a better sell entry.
⸻
Key Support Levels
Level Meaning
56.50–56.80 Recent low / local support
55.3363 S1
53.4675 S2
51.3567 S3
If price breaks below 56.50, the next major downside target is 55.33.
⸻
Trading Plan
Main Plan: Sell Pullback
Best sell zone:
57.45–58.68
Look for confirmation such as:
* Bearish rejection candle
* Failed breakout above Pivot
* Bearish engulfing
* H1 close back below 57.4471
* Weak volume on the pullback
Targets:
Target Level
TP1 56.50–56.80
TP2 55.3363
TP3 53.4675
Stop-loss idea:
* Conservative SL: above 58.68
* Wider SL: above 59.3159
⸻
Alternative Plan: Breakdown Sell
If price breaks below 56.50 clearly:
1. Wait for a retest of 56.50–56.80
2. If price rejects that zone, look for sell entry
3. Target 55.3363
4. Next target 53.4675
Avoid chasing the breakdown candle directly unless momentum is very strong.
⸻
When Bearish Bias Becomes Invalid
The sell-side view weakens if:
1. Price closes H1 above 57.4471
2. Price holds above 58.68
3. Price breaks above 59.3159 R1
If that happens, price may attempt a recovery toward 61.42.
⸻
Straight Conclusion
SILVER H1 is still bearish.
Best plan:
* Sell zone: 57.45–58.68
* Breakdown sell: Below 56.50, then retest failure
* Main targets: 55.33 → 53.46 → 51.35
* Avoid buy entries unless price reclaims and holds above 58.68–59.31
Current view: Bearish continuation after consolidation.
Overall bias: Bearish / Sell-side bias
Current price is around 57.3810, slightly below the Pivot at 57.4471. The Dragon Flow panel also shows:
* Trend: Downtrend
* Main Plan: Sell-side bias
* Guardrail: Avoid counter Buy
So the cleanest trade logic is still to look for sell setups, not random buys.
⸻
Market Structure
SILVER has sold off aggressively from the upper zone near 65–66 down into the 56–57 area. Price is now consolidating after a strong drop.
Observation Meaning
Price below moving averages Bearish momentum remains active
Lower highs / lower lows H1 structure is still downtrend
Price below Pivot 57.4471 Sellers still have control
Sideways candles near the low Market is pausing before next move
This does not yet look like a confirmed bullish reversal. It looks more like a bearish consolidation after a strong selloff.
⸻
Key Resistance Levels
Level Meaning
57.4471 Pivot / immediate resistance
58.36–58.68 Nearby resistance zone
59.3159 R1
61.4267 R2
63.2955 R3
The most important short-term area is:
57.45–58.68
If price pulls back into this zone and rejects, it may offer a better sell entry.
⸻
Key Support Levels
Level Meaning
56.50–56.80 Recent low / local support
55.3363 S1
53.4675 S2
51.3567 S3
If price breaks below 56.50, the next major downside target is 55.33.
⸻
Trading Plan
Main Plan: Sell Pullback
Best sell zone:
57.45–58.68
Look for confirmation such as:
* Bearish rejection candle
* Failed breakout above Pivot
* Bearish engulfing
* H1 close back below 57.4471
* Weak volume on the pullback
Targets:
Target Level
TP1 56.50–56.80
TP2 55.3363
TP3 53.4675
Stop-loss idea:
* Conservative SL: above 58.68
* Wider SL: above 59.3159
⸻
Alternative Plan: Breakdown Sell
If price breaks below 56.50 clearly:
1. Wait for a retest of 56.50–56.80
2. If price rejects that zone, look for sell entry
3. Target 55.3363
4. Next target 53.4675
Avoid chasing the breakdown candle directly unless momentum is very strong.
⸻
When Bearish Bias Becomes Invalid
The sell-side view weakens if:
1. Price closes H1 above 57.4471
2. Price holds above 58.68
3. Price breaks above 59.3159 R1
If that happens, price may attempt a recovery toward 61.42.
⸻
Straight Conclusion
SILVER H1 is still bearish.
Best plan:
* Sell zone: 57.45–58.68
* Breakdown sell: Below 56.50, then retest failure
* Main targets: 55.33 → 53.46 → 51.35
* Avoid buy entries unless price reclaims and holds above 58.68–59.31
Current view: Bearish continuation after consolidation.
More charts, notes, and trading updates: @mmxmtrading_999 on X
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More charts, notes, and trading updates: @mmxmtrading_999 on X
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
