Commodity Analysis: Silver – Potential Short-Term Upside

8 Oca

Hello, Traders! 👋

Silver is shaping up for an interesting move:

📈 Technical Overview:
🔹 Higher low formed on the weekly chart, suggesting potential accumulation.
🔹 My ILTF indicator has already signaled a BUY, but the price remains sideways for now.
🔹 A breakout above 92,000 could trigger a short-term upmove toward the all-time high (ATH).

💡 Current Plan:
I’m not holding any position currently but closely watching for momentum on the daily chart. If a breakout occurs, I may consider initiating a pilot position to capture the move.

⚠️ Disclaimer:
🔹 I am not a SEBI-registered advisor.
🔹 This analysis reflects my personal views and is not a recommendation to buy or sell.
🔹 Shared purely for learning purposes—please conduct your own research or consult a professional before trading.

Keep an eye on Silver—things might get shiny soon! 💡

13 Oca

İşlem aktif

Silver is progressing upward steadily, aligning well with the technical setup and ILTF indicator's signal.