English
Silver 08.03.2021
Overview:
Prices are moving in a short term downtrend
Expected:
The pair is trading above a strong support level around 24.85, which enhances chances of a bullish move during today's trading to 25.97
Alternative Scenario:
On the other hand, we think that if the level of 24.85 is broken to the downside, it might push the pair down to 24.65 and from it to 24.10.
| Resistance | 25.97 | 26.20 | 26.50 |
| Support | 24.85 | 24.65 | 24.10 |
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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