Silver / U.S. Dollar
Long
Updated

BUY TREND in SILVER market, Double bottom pattern..

πŸ“ˆ XAGUSD (Silver) Price Forecast πŸ“ˆ

Silver has formed a Double Bottom chart pattern at the bottom of the chart, signaling a potential trend reversal. The neckline breakout has already occurred, and the price is now consolidating at the retracement of the neckline around 30.00.

This reversal pattern is further supported by increasing buying volume, indicating that buyers are gaining strength. The market is expected to push higher toward the next technical targets.

🎯 Technical Target Levels:
- 30.50
- 30.95
- 31.40
- 32.05 (Final target)

πŸ“Œ Key Highlights:
- Double Bottom pattern confirmed with neckline breakout.
- Consolidation around 30.00 suggests a strong base for further upward movement.
- Buyers showing dominance with increased volume.
βœ… Stay Updated and Profitable!

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snapshot
Market Insight:
XAGUSD took a retracement at the neckline, initially moving down, but then formed a bullish candle, signaling a trap and reversal. The price has surged, hitting the first target at 30.50 successfully! 🎯

Now, the market is moving towards the second target at 30.75, and it looks like momentum is still strong. πŸš€

Action Plan:
If you’re still in the trade, trail your stops to secure profits as the price continues upward. Stay ready for any further developments!

Great work so farβ€”let’s keep this momentum going!
Note
Market Insight:
SILVER has been performing exceptionally well! The market smashed our first two targets, delivering great profits. After hitting the second target, it reversed back to our entry zone and has now formed a bullish candle, signaling strength. It’s time for SILVER to fly towards our next target zone! πŸš€

Action Plan:
Re-enter trades if you haven’t already, and hold with proper risk management as we aim for the next levels. Momentum is building, and the setup looks solid!

Let’s ride this wave to more success! 🎯πŸ”₯

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