From TradingView · · 40s
Silver Bullish Reversal Setup
Silver price shows potential rebound with targets at $59.30 and $61.70.
In brief
Silver price shows potential rebound with targets at $59.30 and $61.70. Silver is poised for a bullish recovery after bouncing from $55.50, $55.70 support, targeting $59.30 and $61.70 if it breaks above $57.74. Originally reported by TradingView.
Silver Price Action
Silver is showing signs of a potential bullish recovery after bouncing strongly from major support around $55.50, $55.70.
Current Price and Targets
Price is consolidating near $57.74 with targets at $59.30 and $61.70 for a potential upward move.
Breakout Confirmation Needed
A bullish breakout above consolidation is required before expecting significant price movement toward targets.
What to remember
Silver is poised for a bullish recovery after bouncing from $55.50, $55.70 support, targeting $59.30 and $61.70 if it breaks above $57.74.
