Silver Futures
Long

Silver on the Verge of BREAKOUT: Is a Big Move Coming?

230
Silver Update: Key Levels to Watch

Timeframe: 1 Hour
Current Price: 92300

Key Levels:
Resistance: 92400 (78.6% Fibonacci)
Support: 91400 (61.8% Fibonacci)

Scenarios:

1️⃣ Breakout Above 92450: Bullish move toward 93550 - 93750.
2️⃣ Rejection from 92450: Possible pullback to 91400 support.

Action Plan: Wait for a breakout confirmation or rejection for clear direction.

Conclusion:
Silver is at a critical inflection point. Monitor price action closely for a breakout or breakdown. Use proper risk management and wait for confirmation before entering trades.
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#Trading #Silver #Fibonacci

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