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Silver Lining: Breakout Signals Imminent Price Surge
Silver / U.S. Dollar
Long
Silver Lining: Breakout Signals Imminent Price Surge
By NaranjCapital
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Updated
Oct 20
6
Oct 16
The price previously formed a Falling Wedge Pattern, and after breaking out, it entered a phase of consolidation.
This led to the emergence of a Symmetrical Triangle pattern on the chart, and with a recent breakout, silver is now trending upward.
Key level to watch
First target - $32.2
Second target - $33.0
It is recommended to set a strict stop-loss just below the $30.9 level to mitigate significant losses.
Oct 18
Trade closed: target reached
MOMENTUM BUILDING
Silver's first target achieved! Next milestone within sight.
Keep steady, traders!
Oct 20
Trade closed: target reached
Spectacular Surge!
2nd Target Conquered!
Chart Patterns
Technical Indicators
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Silver
silveranalysis
silverforecast
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silverprediction
silvertrading
Trend Analysis
XAG USD ( Silver / US Dollar)
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