Silver Weekly Special Report based on 1.00 Lot Calculation:
GEOPOLITICS: TRADE WAR
- WEDNESDAY, APRIL 2: US PRESIDENT TRUMP TO REVEAL RECIPROCAL TARIFF PLAN. The plan will include countries that will be charged higher tariffs for products that they are exporting to the USA.
- TRADE WARS AND SAFE-HAVEN INSTRUMETNS: Trade wars increase global insecurity, increasing demand for safe-haven instruments such as Gold and Silver. US President Trump has declared that he will implement tariffs on various countries that, according to him, have treated the US unfairly in trade.
OTHER EVENTS:
- FRIDAY, MARCH 28, AT 12:30 GMT: US PERSONAL CONSUMPTION EXPENDITURES (PCE) PRICE INDEX (FEBRUARY): A fall in this index could point to the FED cutting interest rates sooner, which is supportive for silver. Data for January came in at 2.5%, down from December’s 2.6%.
- FRIDAY, APRIL 4, AT 12:30 GMT: US NONFARM PAYROLLS (NFP) AND UNEMPLOYMENT RATE (MARCH). Us Unemployment rose in February after a string of layoffs by Trump’s administration, which sent the unemployment rate up to 4.1% from the previous 4%. The labor market data in the US remained one of the most important reports Fed uses in their interest rate decisions. If the labor market continued to remain under pressure, the Fed then could be expected to cut rates sooner than previously thought. This could prove positive for silver.
ANALYST EXPECTATIONS
- UBS: The bank targets a price of $36.
- CITIGROUP: The bank targets a price of $40.
PRICE ACTION
- ALL-TIME HIGH PRICE: $49.80. Silver jumped to $49.80 in 2011, during the debt crisis in Europe. Currently, Silver trades around $34.00 and if full recovery is made this could offer an upside potential of around 46%. However, the price could decline.
Silver, March 27, 2025
Current Price: 34.00
SILVER |
Weekly |
Trend direction |
|
40.00 |
|
38.00 |
|
35.00 |
|
33.00 |
|
32.50 |
|
32.00 |
Example of calculation based on trend direction for 1.00 Lot*
SILVER |
||||||
Pivot Points |
||||||
Profit or loss in $ |
60,000 |
40,000 |
10,000 |
-10,000 |
-15,000 |
-20,000 |
Profit or loss in €2 |
55,662 |
37,108 |
9,277 |
-9,277 |
-13,916 |
-18,554 |
Profit or loss in £2 |
46,401 |
30,934 |
7,733 |
-7,733 |
-11,600 |
-15,467 |
Profit or loss in C$2 |
85,771 |
57,181 |
14,295 |
-14,295 |
-21,443 |
-28,590 |
1. 1.00 lot is equivalent of 10.000 units
2. Calculations for exchange rate used as of 11:00 (GMT) 27/03/2025
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.