LTP 48.24
Resistances: 49.82/54.49
Supports: 35.77/29.7/28.80/17.7/11.64
Downside target zone for this move is 49.16-45.89
Reversal from this zone, Silver can retest 54.48 again.
And further we can see,
59.89
65.25-67.77-72.55
83.34-86.21-94.55
128
LTP 48.24
Resistances: 49.82/54.49
Supports: 35.77/29.7/28.80/17.7/11.64
Downside target zone for this move is 49.16-45.89
Reversal from this zone, Silver can retest 54.48 again.
And further we can see,
59.89
65.25-67.77-72.55
83.34-86.21-94.55
128
XAGUUSD / XAG / SILVER ANALYSIS 03-OCT-2025: BIGGER PICTURE
LTP 46.89
Resistance: 49.82
Supports: 36.05/28.98/11.55/3.46
Silver is trading at the target zone for this move.
47.48-50.18-52.71-54.54 (Normal target)
Till now 48.05. But it can go more up towards 50$.
Reversal from this level can be a corrective move and the Downside can be 43.21/40.42.
Can expect bigger reversal from this level and it can move more towards 60/70$+++.
Next Upside targets:
57.99, 60.65
65.97-68.93-73.04 (Ultimate tgt)
LONG TERM TARGETS
75.70
86.64-93.41-104.34
119.64
132.99-139.76-150.70
179.34-183.39-207.99
294.34
LTP 43.05
Supports: 35.97/28.91/17.55/11.63
As long as the above supports hold, we can see 47.3-50.00 Next.
Further, 54.34, 60.43, 65.73, 72.64, 84.1, 95.50, 129
LTP: 36.33x
Supports: 34.99/33.70/32.67/31.65/28.31
Silver has done my initial target of 36.25.
I expect more bull move in the coming weeks/months/years.
Next targets on the Upside:
Target 1: 37-37.77, 38.21
Target 2: 40.34-40.64-41.1-42.3, 43.1-44.21
Extensions: 46.34-47.77-51
https://in.tradingview.com/chart/XAGUSD/FPa8AczB-XAUUSD-SILVER-SI-ANALYSIS-07-JUN-2025-MORE-TO-GO/