A lifelong trader and market enthusiast, Anna has analyzed thousands of charts from around the world, and alongside GoldPriceForecast.com, has contributed to a number of industry-leading websites around the world.
Using her background in technical analysis, she spends countless hours identifying market trends, major support and resistance zones, interesting patterns, ratios, and indicators.
Even though bulls managed to break above the upper border of the black rising wedge, the proximity of the October highs, combined with two bearish engulfing patterns, proved too heavy on Friday. Price pulled back and closed the day (and the entire week) back inside the wedge.
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Silver remains firmly in bullish territory. Momentum is strong, structure is intact, and the price continues to respect higher levels despite short-term overbought readings. This is a market that’s not asking if – it’s asking from where. Yesterday, bulls didn’t just reach that zone – they pushed straight through it
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Silver bulls smashed through the key red resistance zone just above 5900, closed the gap, and broke that long-standing psychological wall at 6000. What happened next? A textbook follow-through. Asia picked up the bullish baton, the market gapped higher and silver… printed fresh highs at 6213.50.
Full Article → A lifelong trader and market enthusiast, Anna has analyzed thousands of charts from around the world, and alongside GoldPriceForecast.com, has contributed to a number of industry-leading websites around the world.
Using her background in technical analysis, she spends countless hours identifying market trends, major support and resistance zones, interesting patterns, ratios, and indicators.
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