Silver Bullish sideways consolidation support at 8437

Wait 5 sec.

Silver Bullish sideways consolidation support at 8437SilverTRADENATION:XAGUSDTradeNationThe silver remains in a neutral trend, with recent price action showing signs of a sideways consolidation within the broader uptrend. Support Zone: 8437 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 8437 would confirm ongoing upside momentum, with potential targets at: 9307 – initial resistance 9633 – psychological and structural level 10150 – extended resistance on the longer-term chart Bearish Scenario: A confirmed break and daily close below 8437 would weaken the bullish outlook and suggest deeper downside risk toward: 8230 – minor support 8050 – stronger support and potential demand zone Outlook: Neutral bias remains intact while the Silver trades around the pivotal 8437 level. A sustained break below or above this level could shift momentum. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.