SILVER (XAGUSD): Strong Bullish Signal
Silver has been consolidating significantly since mid-January, remaining within a large horizontal range on a 4-hour chart.
Despite this, the market sentiment is bullish for Silver, with signs pointing towards a strong bullish trend.
Breaking out of the resistance line within the range suggests a bullish accumulation is complete, paving the way for potential growth. The next target for resistance is at 31.50.
Despite this, the market sentiment is bullish for Silver, with signs pointing towards a strong bullish trend.
Breaking out of the resistance line within the range suggests a bullish accumulation is complete, paving the way for potential growth. The next target for resistance is at 31.50.
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