Silver extended its bullish move, breaking above the $38.00 resistance zone, and is currently trading near $38.34.
🔹 Bullish Scenario (1):
If momentum continues and price holds above $38.30, the next potential targets are $38.80, followed by $39.00.
🔹 Bearish Scenario (2):
However, a rejection followed by a break below $37.95 and $37.62 may trigger a deeper pullback toward the demand zone $37.30 .
⚠️ Disclaimer:
This is not financial advice. Please monitor price action and market conditions before making any investment decisions.
🔹 Bullish Scenario (1):
If momentum continues and price holds above $38.30, the next potential targets are $38.80, followed by $39.00.
🔹 Bearish Scenario (2):
However, a rejection followed by a break below $37.95 and $37.62 may trigger a deeper pullback toward the demand zone $37.30 .
⚠️ Disclaimer:
This is not financial advice. Please monitor price action and market conditions before making any investment decisions.
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.
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.