🚀 Silver has been recovering strongly after reacting from the lower support zone. Price has now broken above the dynamic resistance and is approaching an important resistance zone, making this a key area for the next move.
🏆 Previously:
📈 Bullish scenario
If price breaks and holds above the current resistance zone, we can expect more upside. A confirmed breakout could push price toward the higher zone near the previous highs.
📉 Bearish scenario
If the current resistance rejects price and Silver breaks below the nearby support zone, we can expect more downside. A stronger breakdown could lead price toward the larger lower support zone.
⚡ Overall, Silver is showing bullish momentum, but the current resistance zone is the key level to watch. A clean breakout could confirm another bullish expansion, while rejection could trigger a deeper pullback.
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🥇“The Z impact” trading team is here to help new traders with technical analytics and fundamentals.
⚜️Mostly trading indicators
📞Support: t.me/theZSupport
💎Our website: TradeZimpact.com
💡Our Channel: t.me/TheZimpact
⚜️Mostly trading indicators
📞Support: t.me/theZSupport
💎Our website: TradeZimpact.com
💡Our Channel: t.me/TheZimpact
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.