Silver (
XAGUSD) is forming a Triple Bottom pattern on the daily timeframe, a classic bullish reversal setup. Traders should watch for a confirmed breakout above resistance, which could signal the start of a new upward trend.Target: £122
A successful pattern completion would strengthen the bullish outlook and increase the probability of further gains.
#XAGUSD #Silver #PreciousMetals #TechnicalAnalysis #TripleBottom #Bullish #ForexTrading #CommodityTrading #PriceAction #TradingIdeas
Author of the bestseller 'Start Trading Smart' | Founder - Tradewisenet Academy Pvt. Ltd.| Tradewisenet.com
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Author of the bestseller 'Start Trading Smart' | Founder - Tradewisenet Academy Pvt. Ltd.| Tradewisenet.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.