ProjectSyndicate

silver daily best level to buy/hold 20% gains

Long
OANDA:XAGUSD   Silver / U.S. Dollar
🔸Hello traders, today let's review day/candle price chart for spot silver.
strong recovery in progress currently, limited downside and bulls maintain strategic advantage.

🔸V-shape recovery in progress, also potential bullish IHS setup (required confirmation).
right now we triggered mild overhead resistance near 25 usd and therefore expecting
short-term pullback before further upside.

🔸Recommended strategy for silver bulls: wait for pullback from overhead resistance and
be ready to reload on buy side near 23.10/23.50, stop loss fixed at 22.50. TP1 25.50
TP2 27.75 +20% gains / buy / hold setup for patient traders only. good luck!

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