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Silver.XAG – Trade of The Day
- February 24, 2026
- Posted by: Today Markets
- Categories: Markets, Precious Metals
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Facts:
- SILVER broke above the 1:1 structure
- The commodity is trading above the key horizontal resistance at 84.62
Recommendation:
Trade: Long position on SILVER at market price
Target: 94.86, 100.75
Stop: 81.55
Opinion:
SILVER has been trading in a downward move recently. However, the price broke above the key resistance area and invalidated the 1:1 structure. According to the Overbalance strategy, the bearish sentiment may now turn into bullish. The area near 84.62 is marked with previous
