Silver is consolidating, holding above the 32 level. Dips are being bought actively, though there's no breakout higher yet — likely just a matter of time.
There were hopes for a deeper pullback to buy around 30.8–31, but the market didn’t offer the opportunity.
I'm holding a long position with a stop just below the 32.15 support level. I believe there's a solid chance for an upside acceleration and a breakout higher.
There were hopes for a deeper pullback to buy around 30.8–31, but the market didn’t offer the opportunity.
I'm holding a long position with a stop just below the 32.15 support level. I believe there's a solid chance for an upside acceleration and a breakout higher.
Trade active
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.