🚀Silver has entered one of the most important areas on the chart.
After the recent decline, price reacted from the liquidity zone and managed to recover back into the highlighted golden zone. However, buyers are still struggling to create a strong breakout, which keeps this area as the current battlefield.
At the moment, three important factors are aligned:
• Liquidity zone below price
• Golden retracement area acting as resistance/support pivot
• High volume activity around the current range
This means the next move could be significant.
If buyers manage to hold above the golden zone and build acceptance above it, we can expect a continuation toward the upper liquidity areas and eventually the kink zone.
On the other hand, if price loses this area and falls back below the current support cluster, sellers could target the next demand zone once again.
For now, Silver is not trending.
It is preparing.
The longer price spends inside this range, the stronger the eventual breakout tends to be.
🥇“The Z impact” trading team is here to help new traders with technical analytics and fundamentals.
⚜️Exclusively trading indicators
📞Support: t.me/theZSupport
💎Website: TradeZimpact.com
💡Channel: t.me/TheZimpact
⚜️Exclusively trading indicators
📞Support: t.me/theZSupport
💎Website: TradeZimpact.com
💡Channel: t.me/TheZimpact
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
🥇“The Z impact” trading team is here to help new traders with technical analytics and fundamentals.
⚜️Exclusively trading indicators
📞Support: t.me/theZSupport
💎Website: TradeZimpact.com
💡Channel: t.me/TheZimpact
⚜️Exclusively trading indicators
📞Support: t.me/theZSupport
💎Website: TradeZimpact.com
💡Channel: t.me/TheZimpact
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
