Earn up to 50% APR
Boost earnings with NFTs
Play, HODL & earn more
ArmanShabanTrading | Silver Breaks Resistance – Targets Hit, Price Pushes Toward $43+
-
Re: ArmanShabanTrading | XAG/USD : Bull or Bear ? (READ THE CAPTION)
As expected, silver successfully broke above the $42.4 resistance and reached both targets in the $42.50–$42.65 supply zone.
After a strong bullish move, the price continued climbing and is now trading around $43.00. The previous supply zone has been invalidated, and the market has shown clear strength in favor of buyers.
All marked levels on the chart remain valid. Make sure to closely watch the reaction to the next zones ahead, especially around the $43.20–$43.50 range, where potential rejection may occur.
This analysis will be updated again.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
#XAGUSD #Silver #DXY #Forex
-
Silver’s been showing some serious strength lately. It broke past that $42.4 resistance like it was nothing and hit both targets in the $42.50–$42.65 zone. Now it’s hanging around $43.00, and buyers are clearly driving the momentum. Watching closely as it approaches $43.20–$43.50 — could be a key moment coming up.
-
Silver’s been showing some serious strength lately. It broke past that $42.4 resistance like it was nothing and hit both targets in the $42.50–$42.65 zone. Now it’s hanging around $43.00, and buyers are clearly driving the momentum. Watching closely as it approaches $43.20–$43.50 — could be a key moment coming up.
@Saman-Shaban Well said! That $42.4 breakout was strong, and now all eyes are definitely on that $43.20–$43.50 zone. Could be the next big reaction point.
