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Showing posts with the label Silver Price

Silver Approaches Key $85 Zone: Bullish Momentum Could Push Higher - 22/02/2026

 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...