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Technical Analysis

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

Silver 22.12.2022

Technical Analysis
Thursday, December 22, 2022 - 10:43
Point Trader Group
Silver 22.12.2022

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

*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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