This trade setup on Silver May 2024 is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bullish breakout through resistance, it seems to suggest that we could see the next price move to 24.9291.
After testing resistance twice in the past, Silver May 2024 has finally broken through. Can we expect a bullish trend to follow?
