Market next target

48
🔀 Disruption Analysis - Alternative Scenario

While the current chart suggests a bullish breakout from the support area around $35.85–$35.90 with an upward target above $36.20, a potential bearish disruption scenario could unfold under the following conditions:

⚠️ Bearish Disruption Possibility:

1. Weakening Buying Pressure:

Price has tested the support zone multiple times, showing signs of weakening bullish momentum.

Buyers may be exhausting near the $36.00 area without strong follow-through.



2. Break Below Support:

If price breaks and closes below $35.85 support zone on high volume, it could invalidate the bullish setup.

This would create a lower low, indicating a potential trend reversal to the downside.



3. Next Downside Targets:

Immediate support lies around $35.60.

Further downside could take price to $35.40 if bearish momentum strengthens.



4. Bearish Triggers:

Negative economic data (especially U.S.-related as indicated by the calendar icon).

Rising DXY or bond yields may pressure silver prices

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.