SILVER weekly special report based on 1.00 Lot Calculation:
GEOPOLITICS: WAR IN THE MIDDLE EAST
- BREAKING (FEBRUARY 28): WAR IN THE MIDDLE EAST BEGAN. The war between the U.S. and Israel on one side and Iran on the other side began on Saturday, February 2, with U.S. and Israeli strikes on Iran, reportedly killing the Supreme Leader, Ayatollah Ali Khamenei.
- IRAN RETALIATED. Iranian forces retaliated by firing missiles and targeting U.S. bases in the region. The Iranian missiles reportedly hit several countries in the region, such as the U.A.E., Bahrain, Qatar, Kuwait, Saudi Arabia, Jordan, Iraq, and Israel.
- SILVER: PRICE ACTION. The safe-haven metal did see increased demand initially, as investors sought refuge in silver, as they usually do in times of market distress. Silver prices rose initially by around $3, hitting levels not seen in one month, and above $96 per ounce.
EVENTS
- FRIDAY, MARCH 6 AT 13:30 GMT: US NON-FARM PAYROLLS AND UNEMPLOYMENT RATE (FEBRUARY). One of the most important indicators in the US labor market, if it shows a deteriorating situation (high unemployment rates and low numbers of newly employed), it could prove supportive for Silver, because it will motivate the FED to cut interest rates in the near future. The number of newly employed was 130,000 last month.
SILVER MARKET: HIGHER DEMAND AMID SUPPLY SHORTAGES LEADS TO A WIDENING DEFICIT
- MARKET DEFICIT: SILVER MARKET REMAINS IN DEFICIT SINCE AT LEAST 2016. The silver market faced a deficit of around 300 million ounces in 2025, according to recent reports from The Silver Institute. While the market has been in deficit since 2016, the gap has grown significantly since 2022.
- SUPPLY CONSTRAINTS: SILVER PRODUCTION REMAINS AROUND 800 MILLION OUNCES PER YEAR. Annual production has held near 800 million ounces, remaining largely unchanged since 2016. There is no clear indication that output will be meaningfully higher in 2026 or the following years.
- DEMAND REMAINS STRONG: SOLAR PANELS, ELECTRIC VEHICLES, AND A.I. INFRASTRUCTURE. Silver demand is expected to increase during 2026 and beyond due to rising demand from solar production, electric vehicles, and rapidly expanding A.I. data center infrastructure.
PRICE ACTION
- SILVER PRICE HIT A NEW ALL-TIME HIGH ON JANUARY 29, 2026 ($121.499). Silver currently trades around $95, and if it fully recovers to its previous all-time high, it could see an upside of around $26. However, the price could also decline.
- ANALYSTS’ OPINION: Citigroup forecasts $150.
TECHNICAL ANALYSIS
- LONG-TERM TREND IS UP. The overall trend of silver is up (black trendline), with the trend accelerating since November of 2025. Silver rose around 146% in 2025.
- SUPPORT AREA: $70. After the most recent downward price correction in early February, silver prices tested the $70 support zone, which has so far held and triggered a rebound.
GRAPH (Daily): August 2025 – March 2026
Please note that past performance does not guarantee future results
SILVER, March 2, 2026
Current Price: 95.5
|
SILVER |
Weekly |
|
Trend direction |
|
|
150 |
|
|
130 |
|
|
110 |
|
|
85 |
|
|
80 |
|
|
75 |
Example of calculation base on weekly trend direction for 1.00 Lot1
|
SILVER |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
545,000 |
345,000 |
145,000 |
-105,000 |
-155,000 |
-205,000 |
|
Profit or loss in €2 |
464,160 |
293,826 |
123,492 |
-89,425 |
-132,009 |
-174,592 |
|
Profit or loss in £2 |
407,347 |
257,862 |
108,377 |
-78,480 |
-115,851 |
-153,222 |
|
Profit or loss in C$2 |
743,499 |
470,656 |
197,812 |
-143,243 |
-211,454 |
-279,665 |
- 1.00 lot is equivalent of 10,000 units
- Calculations for exchange rate used as of 09:30 (GMT) 02/03/2026
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.