Buy opportunityThe pair presents an enticing Buy opportunity at the price of 27.842, with favorable potential for profit.
Targets:
Primary Target: 29.190
Secondary Target:30.110
Breakout Scenario:
In the event of a breach above the Support level of 28.550, indicative of a bearish breakout, the target price is anticipated to ascend towards 27.000.
Technical analysis indicates a notable buying sentiment prevailing in the market at the present price level.
Fundamental factors align with the proposed buy strategy, suggesting upward pressure on the Silver pair.
Prudent risk management measures should be employed to mitigate exposure to potential adverse market movements.