CUP & HANDLE + ROUNDED BOTTOM IN SILVERSilver (MCX: SILVER1!) – 1 Hour Chart Analysis
🔍 Pattern Formation: Cup and Handle + Rounded Bottom
Silver has formed a classic Cup and Handle pattern on the 1H timeframe, indicating a potential bullish breakout above the neckline near 115132 (all-time high resistance).
A smooth rounded bottom co
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Silver Futures - Closing Range of the Week.Real trading comes down to the patience combined with emotional control to have the highest possible edge.
COMEX_MINI:SIL1!
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Short term buying opportunity Silver Futures ComexRecent weakness in silver futures could be an buying opportunity on 3 hour candel chart.
Wait for both indicators below to reach oversold levels like it is showing now. Long term 1 day chart showing long term bull trend with much higher upside. I expect silver prices to remain in uptrend. All time h
Silver to $38The move from March 2020 to August 2020
Was a measured move that played out to the Tee.
We have a similar structure building that projects to the High 30's
Suggesting #Gold move beyond ATH's and #Silver the beta play to move faster in an attempt to catch up, and move towards it's high's again.
Silver Futures Rally: Riding the Upper Bollinger Band
Price is riding the upper band, a classic signal of strong bullish trend continuation.
Strong support near $34.50–$35.00 (prior consolidation zone and Bollinger midline).
Psychological support at $36.00 which was broken and now may act as support-turned-resistance.
Silver futures could be hitting a high resistance zone.Resistance along this upper channel was significant on 3 prior occasions over the last couple of years. We're here now for the 4th time. Could be a high resistance zone. I expect a retrace at the least.
Fibs are pointing higher however unlikely that seems.
If we bust through, WOAH NELLIE!
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 wha
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for Silver Futures (May 2024) is May 29, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Silver Futures (May 2024) before May 29, 2024.