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Silver 15.04.2021
Overview:
Prices are moving in a short-term uptrend
Expected scenario:
We notice on the above chart that the pair is trading below a strong resistance level around 25.70, which enhances the downside chances during today's trading to 25.20.
Alternative scenario:
On the other hand, we think that if the level of 25.70 was broken to the upside, this pair might push further to the upside, reaching 26.
| Resistance levels | 25.70 | 26.00 | 26.30 |
| Support levels | 25.20 | 25.00 | 24.86 |
*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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