Big Win Trader

 Silver is currently trading near $88 , maintaining bullish momentum after successfully breaking above the important $85 resistance level highlighted in the previous analysis. Silver Chart (Source TradingView) This breakout has strengthened the short-term bullish structure and shifted market sentiment in favor of buyers. $90 – The Major Resistance Zone The next critical level for Silver is the $90 resistance zone . This area is acting as a strong psychological and technical barrier. A decisive breakout above $90 with strong volume could confirm continuation of the uptrend and potentially open the door for a smooth rally toward the $100+ level . However, without a confirmed breakout, price may consolidate below $90 before making the next major move. Technical Indicators Support Bullish Momentum From a technical perspective, the chart structure looks healthy. The MACD indicator is currently positive, indicating ongoing bullish momentum. As long as momentum indicators remain sup...

 The Silver market is about to reopen in the next two hours, following last week’s close at $85.5 . Price action showed strong bullish momentum, moving along a rising trendline and signaling optimism among traders. Silver Chart (Source TradingView) If Silver opens with a bullish kicker and breaks above the $85 resistance zone , it may gradually move toward $90 , which is an important level for further upward movement. Clearing this area could allow Silver to climb even higher toward $100 and $103 , continuing the bullish momentum observed in recent sessions. The MACD indicator remains positive, supporting the view of healthy upward momentum and suggesting that buyers are in control. However, there is a downside risk. If Silver fails to break and hold above $85, it is likely to stay in a consolidation range between $75 and $85 until a clear directional move develops. Traders should watch these levels closely as they plan their strategies. Overall, Silver is at a critical point w...