ProjectSyndicate

silver d2 best level to buy/hold 25% gains swing trade

Long
OANDA:XAGUSD   Silver / U.S. Dollar
🔸Hello traders, today let's review 2days/candle price chart for spot silver. strong recovery in
progress since autumn 2022, right now bulls are targeting re-test of 25.80, which is
an overhead resistance / supply zone.

🔸V-shape recovery in progress, overall strong price chart with solid base down below
expecting short-term pullback after we hit resistance near 25.80, however most likely
short-term pullback only and it will be a new buying opportunity.

🔸Recommended strategy for silver bulls: wait for pullback from overhead resistance and
be ready to reload on buy side near 22.10/22.30, stop losses fixed at 21.00. TP1 25.00
TP2 27.50 +25% gains / buy / hold setup for patient traders only. good luck!

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