The Hidden Signals in AG: A Silver Lining in Technical Patterns?

Sometimes the market whispers before it roars. If you're watching First Majestic Silver (AG), those whispers just became a chant. In this post, I break down the technical patterns, potential numerology synchronicities, and trader psychology that could signal something big brewing for AG. Whether you're a skeptic or a believer, the confluence here is too compelling to ignore.

1. Descending Triangle (Weekly Chart)

Let's start with the macro structure: a descending triangle stretching all the way from Feb 1, 2021 to April 23, 2025. This isn’t just any triangle. Its base lines up perfectly with today’s breakout candle low, forming a multi-year support zone around the $5.90 - $6.00 range.

In technical analysis, descending triangles often resolve in the direction of the trend preceding their formation. Given that AG was in a downtrend from 2021 highs, this bullish breakout now marks a significant shift in sentiment and market dynamics.

2. Hourly Chart: Inverse Head and Shoulders

Zoom in to the hourly chart and we get a classic reversal pattern: Inverse Head and Shoulders.

Left Shoulder: April 12 low

Head: April 16 low

Right Shoulder: April 19 low

Neckline: $6.38 — previously tested and rejected

Today’s breakout through this neckline is textbook. If this plays out:

Measured Move Target: ~$8.00

Why $8? It’s the level where AG failed to break out on Oct 29, 2023, making it a key resistance and psychological target.

3. Cloned Triangle Geometry (Gann Vibes)

Here’s where it gets interesting. Clone the triangle and flip it vertically:

The tip touches both the April 4, 2011 all-time high and the March 16, 2020 COVID pivot low.

This implies a natural "mirror" or cycle echo—like Gann’s time-price equivalence coming into play.

Coincidence? Maybe. But technical setups with this much harmony don’t appear every day.

4. Numerology and Time Symmetry

I know this part might sound woo-woo, but bear with me:

Feb 1, 2021 to April 23, 2025 = 1,177 days, or just over 3.22 years

AG’s breakout candle occurred on April 24

April 4, 2011 = 4/4/11 → 4 + 4 + 1 + 1 = 10

March 16, 2020 = 3 + 1 + 6 + 2 + 0 + 2 + 0 = 14

Total = 24 → Today’s date again: April 24

Even the closing price of $6.22 gives us 6+2+2 = 10, echoing the 2011 ATH numerology.

Take it with a grain of salt, but these repeating patterns may hint at cyclical alignment.

5. Volume Confirmation

The breakout came with a surge in volume, confirming the move and reducing the likelihood of a fake-out. Coupled with bullish RSI divergence, this gives the technical thesis real legs.

6. Macro Context: Silver vs Gold

While gold consolidates, silver is trying to play catch-up. This rotation into high-beta silver names makes sense and AG, being a retail favorite and highly shorted at times, is perfectly positioned for explosive upside.

7. Options Play: December 2026 Calls

For long-term traders, LEAPS (Long-Term Equity Anticipation Securities) could be the way to play this:

December 2026 Calls

Strike Range: $7, $8.50, $10

Low premium, high convexity potential

Conclusion: Is This the Signal or Just Noise?

You don’t have to be a believer in numerology or market mysticism to appreciate the convergence of:

Triangle breakout

Volume surge

Inverse head-and-shoulders

Price symmetry

Historical pivot touchpoints

All signs point toward a potential trend reversal for AG. At the very least, this setup offers a high reward-to-risk swing opportunity. At best? You might just be witnessing the start of a major silver bull move.

What’s Your Take?
Do you see the same signals or think this is just coincidental noise?

Joel | The Accidental Retiree
"Retired. Sort of. But still trading like I mean it."