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
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.