BTC $63,667.00 ▲ 0.78% ETH $1,860.19 ▲ 0.39% USDT $0.9991 ▲ 0.02% BNB $588.83 ▲ 0.37% XRP $1.07 ▼ 0.28% SOL $73.57 ▲ 0.56% DOGE $0.0701 ▼ 0.23% SHIB $0.00000499 ▲ 2.20% PEPE $0.00000288 ▼ 0.75% BTC $63,667.00 ▲ 0.78% ETH $1,860.19 ▲ 0.39% USDT $0.9991 ▲ 0.02% BNB $588.83 ▲ 0.37% XRP $1.07 ▼ 0.28% SOL $73.57 ▲ 0.56% DOGE $0.0701 ▼ 0.23% SHIB $0.00000499 ▲ 2.20% PEPE $0.00000288 ▼ 0.75%
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Piyasa

Silver Breaks Falling Wedge: Bulls Eye Higher Resistance Levels

Silver Breaks Falling Wedge: Bulls Eye Higher Resistance Levels

Silver OANDA:XAGUSD

Silver Breaks Falling Wedge: Bulls Eye Higher Resistance Levels

Silver broke out from a bullish wedge pattern after finding support near the lower trendline.

This pattern is often considered a bullish continuation signal, and buyers are beginning to regain momentum.

A successful breakout and sustained move above the wedge resistance could open the door for a continuation toward the next key resistance zones.

The first target is located near 60.60, followed by the major resistance around 62.80. As long as the breakout remains valid, the bullish outlook stays intact.

Bullish targets:
60.60
62.80

You can find more details on the chart.
Thank you and good luck! 🍀

⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️

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