Silver Wave Analysis 23 February 2026

RunWithRugs · 2026-02-27T14:04:50+00:00

Silver has broken a resistance zone, indicating a bullish trend. It is expected to rise to the resistance level of 92.50, following a breakout at 86.9, which could accelerate the present minor impulse wave.

RunWithRugs

2026-02-27 14:04:50

Abstract generation in progress

(MENAFN- FxPro) Silver: ⬆️ Buy

– Silver broke resistance zone

– Likely to rise to resistance level 92.50

Silver recently broke the resistance zone between resistance level 86.9 (which stopped the earlier correction from the start of February) and the 38.2% Fibonacci correction of the downward ABC correction 2 from January.

The breakout of the resistance level 86.9 should accelerate the active minor impulse wave 3 from the start of February.

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Given the clear daily uptrend, Silver can be expected to rise to the next resistance level 92.50 (top of wave b from the start of this month).

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