Silver looks to have reached the upper end of the current up move. A correction towards the market zone is the likely outcome. Overall, I see silver to touch 70000+ levels in the coming months. Now buying will be below 55000 keeping stop loss below 48000 for the target of 70000 +.

High risks trader can use another spike towards 62500-63000 to short silver keeping stop loss above 64200.
Trade closed: stop reached: Stop reached for high risk short sellers


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.