Silver Price Forecast: Bullish Hammer Targets Higher Resistance Levels

In a striking turn of events, the Silver market has projected a promising rise. The formation of the Bullish Hammer – a key indicator of considerable strength, signifies that the Silver market is ramping up for a significant upswing. The bullish indication affirms that higher resistance levels are the new targets that the Silver market aims to achieve.nn This Bullish Hammer essentially represents a trading session where the market opened high, hit low, and closed near the opening price. This pattern indicates robust buying pressure from investors, which steered the price back to a high closing position.nn The above scenario signals the undeniable potential held by Silver at the moment. This shift towards positive momentum could lead to enticing the bullish camp, delivering them increased profits. The Silver price now sits at an interesting juncture, eagerly watched by investors and market analysts alike. Read More