Silver Shines as Bulls Relinquish Control

Market chart
Matt Simpson financial analyst
By :  ,  Market Analyst

 

 

 

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Silver prices have broken out of a bullish reversal pattern and confirmed a change in trend. And we suspect there could now be further upside to come.

In today’s video we update earlier analysis on spot silver prices, since it has now broken the long-term bearish trend. Yet there are two bullish patterns of interest which project targets within close proximity to each other.

 

How to trade with FOREX.com

Follow these easy steps to start trading with FOREX.com today:

  1. Open a Forex.com account, or log-in if you’re already a customer.
  2. Search for the pair you want to trade in our award-winning platform.
  3. Choose your position and size, and your stop and limit levels.
  4. Place the trade.

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