Rumors about a potential run on silver surfaced some while ago on Reddit. At the end of last week, the run started and the silver price made a first jump on Thursday, followed by another sharp increase on Friday. Starting this week, we are experiencing another drastic increase in the price for silver, which also what we expected a long time ago. 😏
Now, it is important that the price does not fall below $28.10. In that case, we will see the price rising above $33. After reaching this mark, we can expect a corrective movement.
Stay trading!
Now, it is important that the price does not fall below $28.10. In that case, we will see the price rising above $33. After reaching this mark, we can expect a corrective movement.
Stay trading!
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.