Silver
SILVER has broken above the $34.50 resistance level, as it looks to catch up to the gold/silver ratio. We’re now watching for a retest of this breakout zone at $34.00–$34.50 for a potential long spot entry.
📌 Trade Setup:
• Entry Zone: $34.00 – $34.50
• Take Profit Targets:
o 🥇 $37.50 – $40.00
o 🥈 $44.00 – $48.00
• Stop Loss: Daily close below $33.00
📌 Trade Setup:
• Entry Zone: $34.00 – $34.50
• Take Profit Targets:
o 🥇 $37.50 – $40.00
o 🥈 $44.00 – $48.00
• Stop Loss: Daily close below $33.00
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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.
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.