SILVER - 4H Timeframe Update
Price is nearing the apex of a symmetrical triangle formation. Momentum is gradually building with higher lows supporting the structure.
As per news: Silver slipped slightly by 0.5% to $33.37/oz, following gold's rebound after a sharp drop. Despite global trade tensions and weaker dollar aiding gold recovery, silver underperformed, showing signs of consolidation. Broader precious metals market remains cautious as investors weigh global growth concerns and U.S.-China tariff risks.
Breakout above 98000 may trigger fresh bullish momentum toward
Targets: 99400 – 101000
Rejection or breakdown from trendline support may invite pullback toward
Support: 96400 – 95500
📊 EMA55 (95,479) acting as dynamic support.
🕒 Wait for volume confirmation near breakout zone.
Price is nearing the apex of a symmetrical triangle formation. Momentum is gradually building with higher lows supporting the structure.
As per news: Silver slipped slightly by 0.5% to $33.37/oz, following gold's rebound after a sharp drop. Despite global trade tensions and weaker dollar aiding gold recovery, silver underperformed, showing signs of consolidation. Broader precious metals market remains cautious as investors weigh global growth concerns and U.S.-China tariff risks.
Breakout above 98000 may trigger fresh bullish momentum toward
Targets: 99400 – 101000
Rejection or breakdown from trendline support may invite pullback toward
Support: 96400 – 95500
📊 EMA55 (95,479) acting as dynamic support.
🕒 Wait for volume confirmation near breakout zone.
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。
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。