It's time to go long on silver again.
The trend is upward, and the growth continues. We've seen a pullback after the price reached the 33.50 level — a good opportunity to re-enter. Nothing has changed fundamentally; my view on the metal remains the same. The uptrend is intact, and I believe we're just at the beginning of the move. Higher targets are ahead.
I plan to continue following the trend carefully — exiting positions when risks arise and re-entering if there are confirmations of further growth.
Stop is set at the 32.95 level.
The trend is upward, and the growth continues. We've seen a pullback after the price reached the 33.50 level — a good opportunity to re-enter. Nothing has changed fundamentally; my view on the metal remains the same. The uptrend is intact, and I believe we're just at the beginning of the move. Higher targets are ahead.
I plan to continue following the trend carefully — exiting positions when risks arise and re-entering if there are confirmations of further growth.
Stop is set at the 32.95 level.
Trade active
Note
Got stopped out, but I re-entered the trade.I’m highly confident this is just a shakeout to flush out weak hands before the price continues to rise.
I’ve got profits to risk, so I’m confidently taking this decision.
Note
Silver’s current price action is concerning, and overall market sentiment remains negative.I am closely monitoring developments.
The stop is set just below today’s low to manage risk.
Trade closed manually
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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.