Silver Market Update
Silver is currently trading near $83.76, moving in a sideways to slightly bearish consolidation phase.
This type of price action often indicates that the market is building liquidity before the next significant move.
Key Technical Levels
Resistance
• $84.50
• $86.20
• $88.00
Support
• $83.40
• $82.20
• $80.00
📈 Bullish Scenario
If silver breaks above $84.50, the next upside targets could be $86.20 and potentially $88.00.
📉 Bearish Scenario
A breakdown below $83.40 could accelerate selling pressure toward $82.20 and the $80.00 level.
📌 The reaction around $83.40 support will likely determine the next short-term direction for silver.
For more : https://t.co/2BkxilNbVF
#XAG/USD# #Silver# #silversurge# #trading#
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now