Silver Primed for $35 Surge as Geopolitics and Fed Inaction Spark Rally
Forget ’safe haven’—silver’s playing both sides now. The metal’s riding a perfect storm of hedge-fund FOMO and central bank paralysis.
Geopolitical tensions? Check. Fed hitting pause on rate hikes? Double-check. Suddenly that industrial metal’s looking awfully shiny to institutional money.
Wall Street’s latest flavor of the month could actually hit $35 this time—unless, of course, the algos change their minds tomorrow.
Macro Takeaways:
YTD Silver Gain: +13.5%
Trump Tariffs: Talks in dispute
Expected Fed Cuts: 84 bps by year-end
Silver Technical Setup Remains Bullish
Technically silver is strong. XAG/USD is at $33.42, above the 50 period EMA at $32.75 and respecting the rising channel since early April.
Silver found buyers at $33.15 this week which is the mid-channel support. MACD is still positive but flattening – often a sign of consolidation before a move.
Silver Price Chart – Source: TradingviewFor new traders this is a textbook “buy-the-dip” or breakout trade. If silver breaks above $34.06 it could go to $34.53 or even $35.08.
Buy Entry 1: Bounce from $33.15
Buy Entry 2: Breakout above $34.06 with volume
Target 1: $34.53
Target 2: $35.08
Stop Loss: Below $32.75
What to Watch This Week
This week silver’s momentum will be driven by two things: fresh headlines on US-China trade talks and Fed officials’ comments.Gold is getting all the attention – up $700 YTD to $3,500 – but silver often follows and offers leverage to the same macro trends. Emerging markets’ reserve diversification is also a long term positive for silver.
Let the price do the talking. A break above $34.06 could be the green light.