๐๐ฅ #SilverAlert
Is silver ($XAGUSD) preparing for the next explosion? ๐ฅ
๐ After breaking the resistance level of $28.50, silver is moving in a strong upward trend, and the price today ranges between 29.5$ and 30.2$ ๐
The technical indicators confirm the positive momentum:
โ Moving averages give buy signals
โ RSI indicates strong demand
โ Strong support at 28.20$ and the next resistance at $31.50
๐ฏ Predictions:
๐ธ In the short term: We might see a breakout towards $31
๐ธ In the medium term: If pressure on the US dollar continues, silver could reach 33$ - $34.5
๐ Reminder: Federal decisions and dollar movements are crucial factors ๐
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