Silver Lining: Breakout Signals Imminent Price Surge
Updated
- 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.
Trade closed: target reached
MOMENTUM BUILDING
Silver's first target achieved! Next milestone within sight.
Keep steady, traders!
Trade closed: target reached
Spectacular Surge!
2nd Target Conquered!
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