Sell Opportunity
The pair presents an enticing Sell opportunity at the price of 30.100, with favorable potential for profit.
Targets:
Primary Target: 28.900
Secondary Target:27.650
Breakout Scenario:
In the event of a breach above the Resistance level of 30.475, indicative of a bullish breakout, the target price is anticipated to ascend towards 31.000.
Technical analysis indicates a notable Selling sentiment prevailing in the market at the present price level.
Fundamental factors align with the proposed Sell strategy, suggesting upward pressure on the Silver pair.
Prudent risk management measures should be employed to mitigate exposure to potential adverse market movements.
Targets:
Primary Target: 28.900
Secondary Target:27.650
Breakout Scenario:
In the event of a breach above the Resistance level of 30.475, indicative of a bullish breakout, the target price is anticipated to ascend towards 31.000.
Technical analysis indicates a notable Selling sentiment prevailing in the market at the present price level.
Fundamental factors align with the proposed Sell strategy, suggesting upward pressure on the Silver pair.
Prudent risk management measures should be employed to mitigate exposure to potential adverse market movements.
GODO Capital Markets
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
GODO Capital Markets
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.