Silver Lining: Breakout Signals Imminent Price SurgeThe price previously formed a Falling Wedge Pattern, and after breaking out, it entered a phase of consolidation.
This led to the emergence of a Symmetrical Triangle pattern on the chart, and with a recent breakout, silver is now trending upward.
Key level to watch
First target - $32.2
Second target - $33.0
It is recommended to set a strict stop-loss just below the $30.9 level to mitigate significant losses.