#Silver

XAG
XAGUSDT
75.4
-0.37%

has formed a big "W" above the long term support of $60 after forming a bullish hammer candles above the support.

The breakout above $80 was developed despite the weakness in gold due to higher inflation.

This indicates that silver is emerging from the long-term bottom and is poised to gain strength towards $100 in the short term.