Silver: ⬆️ Buy
– Silver broke resistance area
– Likely to rise to resistance level 48.00
Silver recently broke the resistance area between the resistance level 45.00 (previous upward target set for Silver) and the resistance trendlines of the 2 up channels from August and April.
The breakout of this resistance area accelerated the active impulse wave 5 of the intermediate impulse wave (3) from July.
Given the strong daily uptrend, Silver can be expected to rise to the next resistance level 48.00 (target price for the completion of the active impulse wave 5).
Welcome to Pro News Weekly! Here’s what is driving the markets this week: 💵 The…
Strong US macro data and wide rate spreads boost the dollar, pressuring EURUSD and gold;…
We have outlined the 10 best forex trading strategies with clear logic, real-world context, and…
Bitcoin holds near $95.5K as the market steadies but hasn't confirmed a exit from correction…
CHFJPY: ⬇️ Sell - CHFJPY reversed from resistance zone - Likely to fall to support level…
WTI Crude Oil: ⬇️ Sell - WTI Crude Oil rising inside minor impulse wave (1) -…
This website uses cookies