itsjustanalysis

Silver XAGUSD Next Stop $36 Around No Later Than Q3 2024

Long
OANDA:XAGUSD   Silver / U.S. Dollar
There are a series of bullish technical conditions on silver's monthly chart that suggest significant upside potential going into 2024.
Those conditions are as follows:
  1. An Ideal Bullish Ichimoku Breakout on the monthly chart - if XAGUSD can close at or above $24.56.
  2. The DTO returning above the zero line.
  3. Hidden bullish divergence between the candlesticks and the Composite Index.
  4. Inverse H&S Pattern


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