🔸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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