SILVER BREAKOUT CONFIRMS BULLISH STRUCTURE | BOS ACTIVATED
Silver has officially confirmed a bullish Break of Structure (BOS) after creating a fresh high near 304,664. The market structure now indicates strong bullish continuation for the coming sessions.
However, after such an impulsive rally, a temporary retracement or cooling phase is highly expected before the next expansion move begins.
Key Observation
Major BOS confirms bullish market structure
Buyers remain in control on higher timeframes
Short-term correction may create stronger re-entry opportunities
Possible Retracement Zones
🔹 284,000
🔹 247,000
These levels can act as important demand/support zones if the market retraces.
Major Bullish Target
🎯 457,000
As long as the bullish structure remains intact, Silver may continue its larger upside journey toward higher levels.
Trading Perspective
✔ Trend Bias: Bullish
✔ Expect temporary volatility and pullbacks
✔ Avoid emotional selling during retracement
✔ Patience and proper entries are important
The market often retraces before delivering the next explosive move. Watch the structure carefully.
#Silver #XAGUSD #MCXSilver #TradingView #PriceAction #SmartMoney #BOS #CommodityTrading #TechnicalAnalysis #NiftyKing
Silver has officially confirmed a bullish Break of Structure (BOS) after creating a fresh high near 304,664. The market structure now indicates strong bullish continuation for the coming sessions.
However, after such an impulsive rally, a temporary retracement or cooling phase is highly expected before the next expansion move begins.
Key Observation
Major BOS confirms bullish market structure
Buyers remain in control on higher timeframes
Short-term correction may create stronger re-entry opportunities
Possible Retracement Zones
🔹 284,000
🔹 247,000
These levels can act as important demand/support zones if the market retraces.
Major Bullish Target
🎯 457,000
As long as the bullish structure remains intact, Silver may continue its larger upside journey toward higher levels.
Trading Perspective
✔ Trend Bias: Bullish
✔ Expect temporary volatility and pullbacks
✔ Avoid emotional selling during retracement
✔ Patience and proper entries are important
The market often retraces before delivering the next explosive move. Watch the structure carefully.
#Silver #XAGUSD #MCXSilver #TradingView #PriceAction #SmartMoney #BOS #CommodityTrading #TechnicalAnalysis #NiftyKing
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.