SILVER

26 set 2024

SILVER
1. Rising Channel Breakout:

• Pattern Identification: Silver has recently broken out of a rising channel, a bullish continuation pattern. A breakout from this pattern usually indicates strong upward momentum.
• New High Formation: Silver has formed a new high at 32.27 after the breakout, confirming the strength of the initial move.

now Silver breaks and sustains above 32.27, it will likely confirm the continuation of the uptrend.
• Upside Target: Silver could aim for the next resistance level, depending on Fibonacci extensions or historical price levels (targets could be 35.90 or higher)