Contributors Technical Analysis Silver Bulls Are Getting Stronger

Silver Bulls Are Getting Stronger

Silver is bullish. We could see a bounce between D L3 and D L4 as it’s a POC zone. Silver should be going up.

26.44-63 is the zone which has a confluence between 50.0 and 61.8. A bullish bounce might be targeting 27.06, 27.28 and 27.65. However, for the price to reach targets we need a stronger momentum. A close above 27.06 should show additional buyers and the price might get faster. Ideally the price should stay above 88.6 confluence 26.01 if the trend is to stay bullish.

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