Silver Begins to Breakout

٣٠ ديسمبر ٢٠٢٣

Hammer pattern has formed in candlestick. Gold/Silver ratio is on top. Silver will most likely break its 665-days Triangle pattern. Now it is time to invest in Silver!

• Scenario : Silver will suddenly rise to 27-27.5 levels and begins consolidation at 25.7 levels.
  
• Price Target in Long Term : 44
  
• Support Level : 23.56-23.77
  
• Trend Power : Extremely Bullish
  
• Macroeconomic Situation :Due to the American debt crisis and interest rates will soon fall; individual investors, companies and central banks continue to buy gold/silver.