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“Silver Price Forecast: Potential Breakout Looming for Spot Silver” – DAILYFX #silver

TSI editor’s note: In a new article from DailyFX, Warren Venketas writes that the technical setup looks favorable for silver. According to Venketas, “Technically, the daily chart shows a basic symmetrical triangle formation (yellow) after silver’s strong uptrend from July. As the price range continues to contract a breakout is likely to occur. Symmetrical triangles may break either up or down however, technical analysts generally tend to favor a continuation of the preceding trend which would point to further upside in this case.”

Photo by Burak K on Pexels.com

Continue reading at: https://www.dailyfx.com/forex/market_alert/2020/09/10/Silver-Price-Forecast-Potential-Breakout-Looming-for-Spot-Silver-LiveEdu-WV.html

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