As mentioned in my Friday analysis, Silver ( 
EURUSD XAGUSD) was preparing for an important breakout — and indeed, the market delivered. The clean break through resistance triggered a strong acceleration, pushing the metal up to $39, pretty close to the psychological $40 level.
Now, we’re seeing a healthy correction after this steep rise, and this could turn into a buying opportunity for the bulls.
📌 Key support zone:
The ideal area to watch is between $37.20 and $37.50 — this is the sweet spot where bulls might step back in.
But be aware:
👉 After strong breakouts, the broken resistance doesn’t always get retested — sometimes the price rebounds from higher levels.
🎯 Plan of Action:
• Monitor price action under $38
• Watch for reaction patterns and structure shifts
• Don’t force entries — let the market confirm
Silver remains strong as long as the structure holds, and this pullback might just be the market catching its breath before another leg up. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
EURUSD XAGUSD) was preparing for an important breakout — and indeed, the market delivered. The clean break through resistance triggered a strong acceleration, pushing the metal up to $39, pretty close to the psychological $40 level.Now, we’re seeing a healthy correction after this steep rise, and this could turn into a buying opportunity for the bulls.
📌 Key support zone:
The ideal area to watch is between $37.20 and $37.50 — this is the sweet spot where bulls might step back in.
But be aware:
👉 After strong breakouts, the broken resistance doesn’t always get retested — sometimes the price rebounds from higher levels.
🎯 Plan of Action:
• Monitor price action under $38
• Watch for reaction patterns and structure shifts
• Don’t force entries — let the market confirm
Silver remains strong as long as the structure holds, and this pullback might just be the market catching its breath before another leg up. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
相關出版品
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。