Silver 22.12.2022

Technical Analysis
Thursday, December 22, 2022 - 10:43
Point Trader Group

Main Trend:

Bearish.

Expected scenario:

The pair might continue going downwards to reach 23.00 – 22.60 conditioned by the continuation of trading below 24.50. 

Alternative scenario:

Bullishness after the breakout of 24.0 by a daily close to target: 25.00 – 25.55.

The most important levels

Resistance: 25.00 – 25.55

Support: 23.00 – 22.60

  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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