Jan 28 → XAG ~115–118 (peak)
Jan 29 → XAG ~117–121 (all-time YTD high)
Jan 30 → big drop: ~73–118 range
Feb 01 → XAG ~76–83
Feb 02 → XAG ~71–87
Feb 03 → XAG ~79–89
Feb 04 → XAG ~83–92
Feb 05 → volatile wide range ~70–90
Feb 06 → ranged ~64–78
Feb 08 → around ~78–80
$XAG
#MarketRebound #CPIWatch $XAU
#GOLD_UPDATE 📌 XAG/USD Potential Bullish Setup 🚀
Signal type – Long
Leverage – 15x
Current context:
Silver prices remain volatile and trading near key support after recent corrective swings, with mid-$70s confirmed as an active zone. �
Investing.com India +1
CPI and macro drivers are supporting hopes for a Fed rate cut, which historically boosts precious metals. �
FXEmpire
However, broader technical indicators lean neutral to bearish in short term (RSI & MACD showing sell bias in some TA). �
Investing.com India
Near-term forecasts show wide trading range with potential choppiness. �
Traders Unio�
⚠️ Disclaimer:
This trade setup is based on my personal view. Crypto & commodities markets are highly volatile. Trade at your own risk and always manage your capital wisely.
Entry price – 76.8 – 76.0 zone
Reason: This aligns with recent support levels and 50-day moving average reaction region. �
Investing.com India
🎯 1st TP – 79.0
→ Close 30% & move SL to entry (break-even)
🎯 2nd TP – 82.0
→ Close remaining 100%
🛑 Stop Loss – 74.0
Invalidation: Break and close below this suggests the corrective slide resumes.
📈 Trade Rationale (Concise, For Posting)
Bullish drivers:
• CPI data indicating cooler inflation — raises hopes for Fed easing → bullish for precious metals like silver. �
• Support held near mid-70s — possible bounce zone if steady macro sentiment + retail interest persists. �
FXEmpire
Investing.com India
Risks / Bearish context:
• Technical momentum (RSI/MACD) still weak — caution on over-leveraged buys. �
• Silver has shown wide volatility ranges after big moves — can chop around before trending. �
Investing.com India
Traders Union
📊 Technical Summary:
Neutral-to-bullish structure if price holds in your entry zone with clear stops — otherwise risk of deeper pullback before continuation.
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