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."
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."
Trade attivo
UPDATE: AG (First Majestic Silver) — When Technicals Speak, ListenOn April 23rd, I posted a breakdown of the long-term setup forming in AG — highlighting a massive descending triangle, inverse H&S on the hourly, and some uncanny cycle/price symmetry.
Well… here we are.
- Breakout through the triangle
- Measured move from the inverse H&S hit
- Volume surged
- Silver started moving
- And AG ran right into the $8 zone, just like we mapped out
Sometimes the market doesn’t scream — it whispers, then roars.
So What Happened?
1. Macro Triangle:
The descending triangle from Feb 2021 to April 2025 resolved up, not down — defying the bearish bias many had.
The base at $5.90–$6.00 held like a fortress.
April 24 was the breakout candle, right on cue with our time symmetry projection.
2. Inverse Head & Shoulders (Hourly):
Neckline at $6.38 broke clean.
Measured move target of ~$8 hit within days.
That October 2023 resistance? Tagged and respected. Textbook stuff.
3. Volume & Momentum:
Volume exploded through the breakout.
RSI confirmed — no divergence, just strength.
This was not a fake-out. This was a regime shift.
4. Options Positioning (Personal Update):
I was long 100 Dec 2026 $10 calls (avg $1.03).
Trimmed 35 contracts during the breakout (booked ~$4,300).
Still holding 65 calls — long, patient, and in the green.
Where Are We Now?
AG closed at $8.27 after peaking just above the $8.40 resistance zone.
We may see short-term consolidation or even a pullback — but the macro structure has flipped.
$10 is now a realistic next level. Beyond that? $12.50–$15 becomes viable if silver starts ripping.
What's Next?
Here’s what I’m watching:
Hold above $7.90–$8.00 → bullish structure remains intact
Silver over $38 → turbo fuel for AG
Volume on dips → watching for reaccumulation signs
Final Thought
This is why we trust the process. I was on a 6-week trip around the world when this broke out — and because I had a long-term plan, I didn’t have to overreact. A few hours a week monitoring the portfolio, scaling in, trimming on strength… That’s the rhythm I like.
The market rewards conviction, not constant attention.
Let me know if you're still riding AG, or if you're waiting for the next entry.
—
Joel | The Accidental Retiree
“Retired. Sort of. But still trading like I mean it.”
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.