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.