From TradingView · · 30s
Silver Rally Ahead?
Silver may rebound after one more drop as traders watch key levels.
In brief
Silver may rebound after one more drop as traders watch key levels. Silver could rally if it holds above 5,586 weekly and 5,916-5,918 daily levels. Originally reported by TradingView.
Weekly Bottom Near
Silver could reach a weekly bottom near 5,586 as selling pressure eases.
Daily False Breakdown
A dip below 5,549 might shake out traders but not signal more downside.
Breakout Zone
Closing above 5,916-5,918 could start a new bullish wave for silver.
What it means
Silver could rally if it holds above 5,586 weekly and 5,916-5,918 daily levels.
