🔸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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