Silver / U.S. Dollar
Long
Updated

XAG/USD | Silver Rally Continues – Bulls Eye $44.60 & $44.80!

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By analyzing the Silver chart on the 2-hour timeframe, we can see that after correcting down to $43.34, the price gained demand again and rallied more than 2.5%, reaching $44.47.

Currently, silver is trading around $44.16. If the price breaks above $44.49, we could see another push higher, first retesting $44.47, and then aiming for $44.60 and $44.80 as the next targets.

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Best Regards , Arman Shaban
Trade active
By analyzing the Silver chart on the 2-hour timeframe, we can see that, as expected, the price first tested the $44.47 resistance and then had a small pullback. After finding demand again around $43.65, silver continued its rally and managed to hit both targets at $44.60 and $44.80, even reaching as high as $45.07.

With this strong rally, a large liquidity gap was created, and the current pullback is filling that gap. Stay tuned for another big silver update soon!

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Trade closed: target reached
By analyzing the Silver chart on the 2-hour timeframe, we can see that after correcting down to $44.18, the price gained demand again and has so far climbed to $45.80. This move has delivered over 5% (215 pips) in returns! Based on the current trend, I expect this bullish move to continue — so stay tuned for the next silver update!

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