Silver's recent trend has been quite interesting——first a sharp plunge, but it was quickly absorbed, followed by a bullish engulfing pattern. What does this usually indicate in such a situation? Buyers are starting to take control, and the price has broken through previous resistance, officially establishing an upward trend.



From a technical perspective, the momentum is clearly shifting. The previous resistance levels are being conquered one by one, and the current target is directly aimed at the recent high around $93. Whether it can hold this level depends on the next phase of the movement.

However, to be honest, even the best technical patterns rely on execution. Trading is often more about discipline than confidence. Seeing the right direction and truly pulling the trigger are separated by a long distance. To chase this silver move, you need a clear plan: cut losses when necessary and don't let a pullback disrupt the rhythm.
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