The chart is self-explanatory as always.
But the big question remains—can silver break past the 100k mark this time?
The ongoing trade war between the U.S. and other nations fuels geopolitical uncertainties, which historically redirects attention toward safe-haven assets like gold and silver.
Adding to the bullish case, industrial demand for silver continues to rise as we find new industrial uses for it.
However, Is it enough to cross 100K?
This level remains a major resistance zone. Breaking it in a single attempt seems unlikely unless a significant catalyst comes into play. A period of consolidation within a range appears more probable before any decisive move.
What do you think will happen here?
Remember, These are just my personal opinions which can go terribly wrong.
Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.
But the big question remains—can silver break past the 100k mark this time?
The ongoing trade war between the U.S. and other nations fuels geopolitical uncertainties, which historically redirects attention toward safe-haven assets like gold and silver.
Adding to the bullish case, industrial demand for silver continues to rise as we find new industrial uses for it.
However, Is it enough to cross 100K?
This level remains a major resistance zone. Breaking it in a single attempt seems unlikely unless a significant catalyst comes into play. A period of consolidation within a range appears more probable before any decisive move.
What do you think will happen here?
Remember, These are just my personal opinions which can go terribly wrong.
Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.
Not
Initial signs of redNot
Nope, Strong as ever. Thanks to Donald Trump and the rumours about the recession in the US.I expect a Bitcoin-like scene happening here but not if the geopolitical issues keep fueling this shiny metal.
Not
Working as expected for nowNot
BOOM !Not
And our first expected level is reached. The price action worked like a charm
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
🎯 You can now access our personal charts for all Nifty 500 companies📈
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.