SILVER VIEW

550
โš ๏ธEducation Purpose only!!!!

Key Support area:-87,100
Key Resistance area:-96,200

Silver has long been considered a ๐Ÿฆ store of value and a ๐Ÿ›ก๏ธ hedge against inflation.
Riskier but suitable for speculation and hedging.

๐Ÿ”ง Industrial Demand โ€“ Used in โšก tech, โ˜€๏ธ solar, ๐Ÿš— EVs
๐Ÿ’ฐ Monetary Hedge โ€“ Safe-haven in ๐Ÿ”ฅ inflation & ๐Ÿ“‰ downturns
โ›๏ธ Supply Constraints โ€“ Limited mining, rising demand ๐Ÿ“Š
๐Ÿ“Š Growing Investment โ€“ ETFs & retail piling in ๐Ÿš€

โณ Long-Term View

If industrial demand and inflation persist, silver could see ๐Ÿ“ˆ strong appreciation over the next decade.

๐Ÿ” Investors should monitor global economic trends, ๐Ÿ“‰ interest rates, and โ›๏ธ mining supply data to make informed decisions. ๐Ÿš€

Price Action applied :-
โญ•๏ธ50 Day Moving averages
โญ•๏ธChannel Pattern Formation
โญ•๏ธRange Breakout
โญ•๏ธTriangle Pattern Formation
โญ•๏ธDemand Zone
โญ•๏ธMajor Resistance area


โœ…Check out my Trading View profile to see how we analyze charts and execute trades.

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