Silver is trading in a bullish trend from the beginning of April.
The price is steadily growing within a rising parallel channel.
It looks like the next goal for buyers is 28.0 - 28.1 daily resistance cluster.
To catch a bullish continuation to that level, follow a bullish flag pattern on 4H.
It shows a local bearish sentiment on the market.
Once its resistance is broken, it will be a trigger for the next swing move.
In case of a bearish breakout of a major daily channel, setup will be invalid though.
Remember about that.
Note
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.