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:
Those conditions are as follows:
- An Ideal Bullish Ichimoku Breakout on the monthly chart - if XAGUSD can close at or above $24.56.
- The DTO returning above the zero line.
- Hidden bullish divergence between the candlesticks and the Composite Index.
- Inverse H&S Pattern