Silver is currently trading within a tight horizontal range on a 4-hour chart.
To confirm a bullish trend, it is recommended to wait for a break above the upper boundary of the range.
A 4-hour candle closing above 31.00 would confirm a the violation, with a potential continuation to at least 31.43.
On the other hand, a break below the support of the range would signal a bearish trend.
To confirm a bullish trend, it is recommended to wait for a break above the upper boundary of the range.
A 4-hour candle closing above 31.00 would confirm a the violation, with a potential continuation to at least 31.43.
On the other hand, a break below the support of the range would signal a bearish trend.
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Join our Telegram channel for daily market update 👇👇
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Disclaimer
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.