scipheord

Silver's Potential Head and Shoulders Formation Points to $25.00

Long
TVC:SILVER   CFDs on Silver (US$ / OZ)
What a beautiful Heads And Shoulders is forming on Silver Chart?!
I've identified an intriguing development on the Silver chart, with a potential Head and Shoulders pattern in the making. Currently, we find ourselves at the second shoulder, marked around the 23.000 levels. If Silver manages to breach the critical 23.800 resistance, it could set a course for a significant upswing towards the coveted $25.000 mark.

As we navigate the coming week, be mindful of economic events that might act as catalysts, bolstering the bullish momentum on the commodities charts. Stay tuned for potential price action that could propel Silver to new heights.

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