Silver - Long Term Breakout ! Go Long !📈 Silver (XAGUSD) – Long-Term Breakout Trade Idea
Silver is pressing against a major historical resistance zone, and price action suggests a structural breakout rather than a short-term spike.
On the monthly timeframe, XAGUSD has completed a long accumulation phase and is now attempting to expand higher with momentum. The current structure favors asymmetric upside if price holds above the breakout level.
Trade Plan
Bias: Long
Entry: Current / pullback above ~68.8
Stop Loss: ~35.4 (below long-term structure)
Target: 600+ (macro expansion scenario)
Risk–Reward: ~17R
This setup is not about short-term noise — it’s a macro positioning trade aligned with:
Long-term inflation hedging
Precious metals strength
Historical silver volatility expansions after consolidations
⚠️ This is a high-timeframe idea, suitable for investors and position traders who understand volatility and risk management.
Always manage risk responsibly.
