Silver 20.05.2021
Overview:
Prices are moving in an upward direction
Expected scenario:
The pair is trading above a strong support level around 27.50, which enhances chances of a bullish move during today's trading to 28.15
Alternative scenario:
On the other hand, we think that if the 27.50 level is broken down, the pair might push further to the downside, reaching 27.
Resistance levels | 28.00 | 28.15 | 28.39 |
Support levels | 27.50 | 27.00 | 26.51 |
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