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03.07.2025 05:11 AMAfter two days of intense struggle (Monday and Tuesday) between the bulls and bears along the price channel line amid heightened volatility, yesterday we saw the outcome — the bulls won, pushing silver's price up by $0.525.
The signal line of the Marlin oscillator is turning upward from the neutral zero line. A break above the nearest resistance level at 36.840 will pave the way for a new target at 38.500. Slightly above that lies the upper boundary of the 75-week price channel.
On the four-hour chart, the price has consolidated above both indicator lines, while the Marlin oscillator continues to develop an upward trend in positive territory. A breakout above yesterday's high at 36.53 would allow silver to continue rising toward 36.84.
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*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.
