Silver XAGUSD Next Stop $36 Around No Later Than Q3 2024
There are a series of bullish technical conditions on silver's monthly chart that suggest significant upside potential going into 2024.
Those conditions are as follows:
Those conditions are as follows:
- An Ideal Bullish Ichimoku Breakout on the monthly chart - if XAGUSD can close at or above $24.56.
- The DTO returning above the zero line.
- Hidden bullish divergence between the candlesticks and the Composite Index.
- Inverse H&S Pattern
Trade active
Still in play.
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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.