silver daily review strong bull market in progress

2023年4月10日

🔸Hello traders, today let's review daily price chart for spot silver. Currently bull run in progress.
V-shape recovery off the strong base near 19 usd, expecting more short-term gains until we hit
resistance overhead near 28.40 usd. dips/pullbacks can be accumulated for TP at 28.40

🔸Silver prices slowly catching up with gold. I expect price to hit 28.40 sometime in April/May.
Short-term trades should look to accumulate dips targeting 28.40. Bears should focus on short
selling once we hit overhead resistance near 28.40 usd, expecting a decent pullback.

🔸Recommended strategy bulls and position traders: buy/hold after we get the pullback off the
highs after triggering strong overhead resistance at 28.40 USD. this will a buy/hold setup and
initial target is 30 USD, more than 30% upside from the entry price. good luck traders!

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