Silver: Bullish Triangle Breakout Signals Another Leg Higher

Silver: Bullish Triangle Breakout Signals Another Leg Higher

Silver completed an bullish triangle pattern and today we can see that silver broke out, thus increasing the chances of further growth.

The current accumulation looks very strong and large. Considering that gold is also moving up, this is a clear indication that all metals are gaining momentum and regaining their rightful place again.

Also, Goldman keeps its gold forecast of $5,400 intact despite the Fed hike so the chances are that we can see metals rebound from this moment.

I am looking at targets in strong areas:

Bullish target:
69.00
71.00
75.00

You can find more details on the chart.
Thank you! 🍀

⚠️PS: Do your own analysis and use your own strategy to join the trade.

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KlejdiCuni

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t.me/TradingPuzzles

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KlejdiCuni

✅MY FREE Signals Channel
t.me/TradingPuzzles

✅Personal Telegram
t.me/KlejdiCuni

✅Suggested News Channel
t.me/ForexNewsNavigator_Official

此外: