đš $XAG AT $64.69 â THE $65 WALL COULD SPARK A $70 EXPLOSION! đ„
Entry: $64.69 âĄ
Target: $67.50 â $70.00 đ
Stop Loss: $62.50 â ïž
Silver is doing what precious metals do best â stacking higher highs and higher lows while the crowd hesitates. Price tapped $65 and pulled back slightly, but 19.73K ticks show consolidation, not distribution. đ Bulls need one clean close above $65 to open the floodgates toward $67.50 and the $70 psychological zone.
However, RSI at 51.30 printed bearish divergence alongside the Ultimate Oscillator at 51.53 â momentum is running on fumes. đĄ That means buyers must regain thrust quickly, or a slip below $62.50 could drag price toward the $60â$57.50 demand shelf. Below that, the entire bullish thesis unravels.
Industrial and defense demand adds a fundamental backstop, but the chart is the referee. đŹ Do you trust the higher-high structure or side with the divergence? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #XAG #Silver #PreciousMetals #Breakout #TradingSetup
đ đ
Entry: $64.69 âĄ
Target: $67.50 â $70.00 đ
Stop Loss: $62.50 â ïž
Silver is doing what precious metals do best â stacking higher highs and higher lows while the crowd hesitates. Price tapped $65 and pulled back slightly, but 19.73K ticks show consolidation, not distribution. đ Bulls need one clean close above $65 to open the floodgates toward $67.50 and the $70 psychological zone.
However, RSI at 51.30 printed bearish divergence alongside the Ultimate Oscillator at 51.53 â momentum is running on fumes. đĄ That means buyers must regain thrust quickly, or a slip below $62.50 could drag price toward the $60â$57.50 demand shelf. Below that, the entire bullish thesis unravels.
Industrial and defense demand adds a fundamental backstop, but the chart is the referee. đŹ Do you trust the higher-high structure or side with the divergence? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #XAG #Silver #PreciousMetals #Breakout #TradingSetup
đ đ