Observation:
Silver has formed a W-pattern on the Daily chart and is now will be breaking out of a flag formation on the weekly chart. This is happening above the critical $32 level, which has been tested multiple times on both weekly and monthly timeframes.
Description:
The breakout above $32 signals strong potential for upward movement, with targets set at $35, $40, and $45. Both weekly and monthly levels have been tested, adding confidence to this breakout. As always, manage your risk carefully when entering this trade.
Silver has formed a W-pattern on the Daily chart and is now will be breaking out of a flag formation on the weekly chart. This is happening above the critical $32 level, which has been tested multiple times on both weekly and monthly timeframes.
Description:
The breakout above $32 signals strong potential for upward movement, with targets set at $35, $40, and $45. Both weekly and monthly levels have been tested, adding confidence to this breakout. As always, manage your risk carefully when entering this trade.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.