In my Monday analysis, I noted that Silver was gathering momentum just below the 31.40 resistance level, with a high probability of breaking upward. Such a breakout could pave the way for a significant rise of approximately 2000 pips.
As anticipated, the price broke above 31.40, climbing nearly 1000 pips before beginning a period of correction and consolidation.
My bullish outlook remains firmly intact, and I continue to expect a move toward the 33.50 level.
The strategy of "buying on dips" should remain the focus for traders. Additionally, a decisive break above 32.50 would confirm the next leg of the rally, potentially unlocking another 1000-pip rise toward the target.
As anticipated, the price broke above 31.40, climbing nearly 1000 pips before beginning a period of correction and consolidation.
My bullish outlook remains firmly intact, and I continue to expect a move toward the 33.50 level.
The strategy of "buying on dips" should remain the focus for traders. Additionally, a decisive break above 32.50 would confirm the next leg of the rally, potentially unlocking another 1000-pip rise toward the target.
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🎯 Want More Trading Ideas?
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.