🧵 1. Silver is showing signs of breaking out as global events boost commodities like gold, silver, and copper. A surge is on the horizon. #finance
🧵 1. Silver is showing signs of breaking out as global events boost commodities like gold, silver, and copper. A surge is on the horizon. #finance
🧵 2. Chart analysis indicates silver's recent breakout and potential to reach $50 once it surpasses the $32.50 resistance level with solid volume.
🧵 3. Monitoring silver priced in euros reveals key support and resistance levels at round numbers like €26, €27, and €28, signaling bullish momentum.
🧵 4. Observing silver mining stocks, such as the Global X Silver Miners ETF (SIL), can confirm silver's upward trend as they reflect investor sentiment.
🧵 5. Keep an eye on the $36 to $37 resistance zone for silver mining stocks to signal a significant breakout in both mining stocks and silver itself.
🧵 Read more at: https://www.zerohedge.com/precious-metals/silver-starting-break-out-heres-what-watch