SILVER 19.04.2021
Overview:
Prices are moving in a short term downtrend
Expected scenario:
The above chart shows that the pair is trading above a strong support level around $ 25.60, which enhances the chances of a bullish move during today's trading to $ 26.
Alternative scenario:
On the other hand, we believe that if the level of $ 25.60 is broken to the downside, this pair may push further down to $ 25..
Resistance levels | 26.00 | 26.30 | 26.46 |
Support levels | 25.70 | 25.60 | 25.00 |
Disclosure of risk: 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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