FX.co ★ amiron56 | XAG/USD, SILVER

Silver Price Analysis As on 12/09/2026 Silver Visible Price Structure: From 19 Aug to 24 Aug we see uptrend — blue candles making higher highs, trading above blue SMA-50. Price consolidates around 69.34 - 70.08. On 27-28 Aug we see the most aggressive move in the whole chart: long green bullish candles pushing to the absolute high of the chart, wick touching near 71.399. Immediately after that, we see a massive red bearish displacement candle on 28 Aug 13:00 with almost no wick — price collapses from ∼70.80 to 65.00 in one H4 candle. This is the key BOS - Break of Structure that you can see with naked eye. Before this candle, structure was bullish above SMA-50. After this candle, structure is bearish and price stays below SMA-50 until 9 Sep. From 28 Aug to 2 Sep, we see consistent lower lows and lower highs — downtrend visible. Price falls to 62.78 - 63.00 low on 1-2 Sep. we can see small blue and red indecisive candles at the bottom, with long wicks below 63.00 — this is sell-side liquidity sweep visible in original chart. Stops below the low are taken. From 2 Sep to 9 Sep, we see gradual bullish recovery price makes higher lows from 62.78 to 66.50, retesting blue SMA-50 line that is sloping down. On 9 Sep 13:00 you see strong green candles breaking above SMA-50 briefly to 67.80-68.20. Then immediate red bearish candle rejecting from that level — this is your Supply Order Block / Bearish Order Block in original chart at 67.389 - 68.00. You can see price wick above 67.389 dashed line and then fail. On 10 Sep 21:00 final part of your H4 chart, price drops from 67.00 to 62.78 again, taking previous low, then you see two strong green bullish candles with long wicks below closing at 64.45 above orange SMA-200. This is MSS / CHoCH - Market Structure Shift visible in original — the downtrend that started 28 Aug is being broken by bullish displacement at the Demand Zone. Order Blocks in Original H4: Supply OB: At top 70.08-70.80 area — the last green bullish candle before that huge red drop on 28 Aug. In our original chart we can see 3 green candles before the drop — that cluster is bearish Order Block. Demand OB: At bottom 62.50-63.00 area — last red bearish candle before bullish green impulse on 2 Sep 05:00 and again on 10 Sep 21:00. Our chart shows at 2 Sep, red candle followed by blue and green bullish engulfing — that is bullish Demand OB. FVG in H4 Chart: Look at 28 Aug drop — between 67.88 and 65.70 there is a gap where price fell without trading much — only one small candle in between. That empty space is Fair Value Gap / Imbalance. Also between 63.00 and 64.96 on the way up 2-3 Sep you can see another FVG — price jumped without retest. Liquidity in Our H4 Chart: BSL - Buy-side Liquidity: Two obvious pools — 71.399 top high on 28 Aug, and 67.389 second high on 9 Sep. Both have dashed teal lines in our original chart at 71.399 and 67.389. SSL - Sell-side Liquidity: Dashed teal line at 63.501 at bottom, with wicks below it on 1 Sep and 10 Sep — clear sell-side liquidity taken. SMA Behavior in Original: Blue line is SMA-50 — price was above it before 28 Aug, then below it from 28 Aug to 9 Sep confirming bearish BOS, then price is trying to reclaim it now. Orange line is SMA-200 — trending up slowly, acting as support at 64.450 current level in our original H4. Price bounced exactly from it.

SILVER,M30 shows shorter period 9 Sep - 11 Sep, with SMA-50 blue, SMA-200 orange. Visible Price Structure: Left side 9 Sep 23:00 to 10 Sep 11:30 — downtrend visible — red candles making lower lows from 67.60 high down to 63.30 low. Blue SMA-50 crossing below orange SMA-200? Actually in our original M30, blue SMA-50 is above orange at first, then crosses below around 10 Sep 11:30 — bearish cross. From 10 Sep 19:30 to 11 Sep 04:00 — bottom formation — small candles around 62.50-63.00 with long lower wicks, showing accumulation. This matches H4 Demand OB. At 11 Sep 12:30 you see the strongest bullish candle in the whole M30 chart — long blue/green bullish candle with almost no upper wick, jumping from 63.80 to 65.21 in one M30 candle, breaking above both SMA-50 and SMA-200 and breaking the teal dashed line at 63.501. This is clear BOS bullish and MSS / CHoCH visible in original — previous bearish structure broken. After that, price consolidates 64.00-65.21 with small candles, showing FVG area. Current price 64.450 is inside that consolidation, above blue SMA-50 which now acts as support — you can see in original chart blue SMA-50 flat at 63.78-64.00 and price holding above it. Order Blocks in M30: Supply OB: Around 67.50-68.00 — the last green candle before red drop on 10 Sep 07:30. In original M30 you can see at top left, after high 67.60, a red candle with long wick — that is supply. Demand OB: 62.50-63.00 — cluster of candles at bottom with bullish engulfing on 11 Sep 04:00 — last red before blue bullish impulse. FVG in our Original M30: Between 64.00 and 64.74 after the bullish impulse — you can see a gap where price jumped from 63.80 to 65.21 leaving little trading in middle — that is FVG visible in original M30 with teal dashed line at 63.501 as lower edge. Liquidity in M30: Same levels as H4 but more precise — BSL 67.389 top dashed blue line, SSL 63.501 and 63.300 bottom teal dashed. You can see in original M30 price swept below 63.300 then immediately reversed — classic SSL sweep. What we see in both charts together: Our H4 shows HTF distribution from BSL 71.399 to SSL 62.78, then accumulation. our M30 shows LTF execution of that accumulation — MSS bullish at 11 Sep 12:30 inside H4 Demand OB. This is LTF BOS leading HTF CHoCH — M30 already shifted bullish, H4 is about to confirm if price closes above 67.389. Both charts show price now at 64.450 at decision point — between FVG and SMA-200 — exactly where smart money decides next liquidity target. RECENT FUNDAMENTAL CONTEXT FOR WHAT WE SEE IN CHARTS The price action you see — spike to 71.399 then crash to 62.78 — matches September 2026 macro: Spot silver gained 3.3% to $67.91 then fell as Fed hike bets rose to 60-70% for September 15-16 meeting. Strong US jobs data with unemployment steady at 4.1% lifted expectations of 25bps hike to 58.3%. After PPI report, hike probability rose to around 70% and dollar strengthened, silver fell 4.2% while gold fell 1%. This explains our H4 red displacement candle on 28 Aug. Then silver stabilized around $64 after selloff to lowest in two weeks as investors reassessed rate outlook. Dollar dump sent silver surging despite higher yields on 9 Sep — spot silver gained $2.16 or 3.29% — exactly the green bullish candle you see on 11 Sep 12:30 M30 breaking above SMA-50. Industrial side: Silver hit all-time high $83.62 up 15% in 2026 driven by tight supply and strong industrial demand from solar and EVs. But solar demand — world's largest industrial consumer — expected to fall to 194 million ounces and forecast to fall further 19% in 2026 to 151 million ounces as manufacturers shift to copper-metallized cells because rising prices squeeze margins. Silver demand expected to outstrip supply but investment demand offsets decline in industrial offtake. This fundamental tug-of-war explains why our Demand OB at 62.50 holds (deficit support) but Supply OB at 70.80-71.399 caps (thrifting resistance). If Fed holds steady at September 15-16 meeting per Reuters poll, BSL 67.389 and 71.399 in our original charts becomes next liquidity target. If hike happens, SSL 63.501 and 62.50 in our original charts will be swept again. Trading Strategy — SMC Plan Based on H4/M30 Charts: For Silver at 64.45 current price as seen in our original H4/M30, SMC strategy is liquidity to liquidity with BOS/MSS confirmation. HTF Demand OB 62.50-63.00 + SSL 63.501 is discount buy zone that already produced MSS bullish on M30 11 Sep 12:30 — M30 BOS above 63.80 confirms bullish order flow. LTF execution: wait for price to mitigate FVG 64.00-64.50 (where price is now in our M30) and hold above SMA-50 blue (63.78-64.00 support in our original M30), then look for bullish displacement toward H4 FVG 65.70-66.40 and BSL 67.389 as first liquidity target, with final premium target Supply OB 70.80-71.399 if Fed holds on Sep 15-16 and dollar dumps continue. Invalidation is H4 close back below Demand OB 62.50 and SSL 62.78 with bearish BOS below — that would fail the CHoCH and open re-sweep to 60.00. Risk is defined by Demand OB low, reward is BSL raid. No FOMO inside FVG — wait for MSS/BOS re-confirmation on M30 after FVG mitigation. Educational only, not financial advice.