Thursday, October 15, 2026

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Silver forms Big W pattern, break above $14.60 targets $15.70

Pattern Formed- Big W pattern Major resistance - $14.60 The commodity has recovered till $14.55 yesterday after slightly dovish Fed statements. It is currently trading around $14.38. Any break above $14.60 will confirm m…

By Lis Howell
1 min read
Silver forms Big W pattern, break above $14.60 targets $15.70
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  • Pattern Formed- Big W pattern
     
  • Major resistance - $14.60
     
  • The commodity has recovered till $14.55 yesterday after slightly dovish Fed statements. It is currently trading around $14.38.
     
  • Any break above $14.60 will confirm minor trend reversal , a jump till $15.15/$15.70 is possible .
     
  • On the lower side major support is around $14.25 and break below targets $14.05/$13.85.

It is good to buy above $14.60 with SL around $14.25 for the TP of $15.15/$15.70

 

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