Looking at silver through the quarterly ADX lens—my go-to indicator for momentum confirmation. The read is clear: silver sits nowhere near overbought territory at the moment.
The fundamentals for a push toward $147 are there to build a case on. ADX strength supports further upside without the usual exhaustion signals showing up yet.
What traders should be watching though: where exactly does the pullback happen? A significant correction from current levels is inevitable—it's not a matter of if, but when and from what price point. That's the million-dollar question sitting in front of us.
For now, the quarterly setup keeps the bias tilted higher, but risk management around potential reversal zones should absolutely stay on the radar.
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Web3Educator
· 19h ago
ngl the $147 target sounds nice on paper but where's the catalyst actually coming from? 🤔 adx strength is cool and all but we've seen this setup fakeout before... the real question is whether institutions are actually accumulating or just range trading. my students always ask me this—timing the pullback is literally where 90% of retail gets wrecked. been there lol
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PaperHandSister
· 12-27 05:40
Target 147 sounds good, but I'm more concerned about when the pullback will happen... that's the real point where you can make money.
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LuckyHashValue
· 12-27 02:53
ADX is indeed stable, but I find the target of $147 a bit uncertain... Waiting for a pullback to test it is the real challenge. The key is to set a proper stop-loss.
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TaxEvader
· 12-27 02:51
Silver still has room to run, but the key is when the pullback will come. That's where the profit lies.
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DegenTherapist
· 12-27 02:44
I've been watching the ADX signal for a while, $147 looks promising... Let's see if it can hold up.
Silver Technical Setup: ADX Signals Room to Run
Looking at silver through the quarterly ADX lens—my go-to indicator for momentum confirmation. The read is clear: silver sits nowhere near overbought territory at the moment.
The fundamentals for a push toward $147 are there to build a case on. ADX strength supports further upside without the usual exhaustion signals showing up yet.
What traders should be watching though: where exactly does the pullback happen? A significant correction from current levels is inevitable—it's not a matter of if, but when and from what price point. That's the million-dollar question sitting in front of us.
For now, the quarterly setup keeps the bias tilted higher, but risk management around potential reversal zones should absolutely stay on the radar.