Hi Traders!
There has been a diamond pattern break on the Silver 1D chart, and there is potential for a re-test of the strong resistance level at 25.262.
Silver has been on a bull run since it found support near the long-term 22.117 level, and there was a momentum break to break and close outside the diamond pattern to complete the break.
We are now looking for further communication towards 25.262. If the market reaches this level, we expect strong resistance here again, as the market has not been above this level since May 2023, so there may be potential selling opportunities near this level.
We would love to hear your thoughts on this in the comments section. Please also do not forget to press the like button and follow for more updates.
Thank you for your support.
BluetonaFX
There has been a diamond pattern break on the Silver 1D chart, and there is potential for a re-test of the strong resistance level at 25.262.
Silver has been on a bull run since it found support near the long-term 22.117 level, and there was a momentum break to break and close outside the diamond pattern to complete the break.
We are now looking for further communication towards 25.262. If the market reaches this level, we expect strong resistance here again, as the market has not been above this level since May 2023, so there may be potential selling opportunities near this level.
We would love to hear your thoughts on this in the comments section. Please also do not forget to press the like button and follow for more updates.
Thank you for your support.
BluetonaFX
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t.me/bluetonaFX
t.me/bluetonaFX
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。