The red trendline is an important trendline, when this one will be crossed with a open and close monthly candle, this will be bullish for Silver. For this moment that target is around 24,38.
Keep an eye on that trendline.
Crossing that red trendline will bring us to the dashed black trendline depending from the moment silver will hit that.
If silver can't cros the red trendline, my target is still around 13
I see hidden bullish divergence on the chart but also depending a lot what the economic will do.(red and blue arrow)
So that's why i have mixed feelings about this
Time will tell
Kind regards
Keep an eye on that trendline.
Crossing that red trendline will bring us to the dashed black trendline depending from the moment silver will hit that.
If silver can't cros the red trendline, my target is still around 13
I see hidden bullish divergence on the chart but also depending a lot what the economic will do.(red and blue arrow)
So that's why i have mixed feelings about this
Time will tell
Kind regards