Silver is moving steadily within a fairly steep rising price channel since the low around 55.000, and price is currently holding above the channel’s midline following a recent slight pullback.

My plan is to buy if price pulls back to the lower edge of the channel or the midline around 58.200–58.500, stop loss below 57.800, first target at 60.000 and a further target at 61.500 — right at the upper edge of the channel.

The biggest risk is if price breaks below the channel and closes under 57.800 — in that case, this bullish structure will be considered broken, and I’ll stay on the sidelines waiting for a new signal rather than forcing a buy.

This is just my personal take based on technical analysis. Wishing you successful trading.