🔻 Silver – Momentum break setup
Sell ​​entry: 67.00 (approximately current chart area)
📌Risk Shield (SL): 69.20
📉 Momentum Goals:
✦ Target 1: 65.80
✦ Target 2: 64.20
✦ Target 3: 62.50
📊 Market insight
Silver is trading within a strong bearish structure after breaking below the distinct support area near 72.00. The downtrend line remains intact, and the price is making lower highs and lower lows.
As long as silver remains below the broken support area and trend line resistance, the downward momentum favors continuing towards the lower target areas. A sustained move above 69.20 would weaken the bearish outlook and point to a deeper recovery.

Source link