Silver 23.03.2022
Overview:
The pair is trading in a downtrend
Expected scenario:
The pair recently reached a strong support around $24.50 which enhances the chances of a rise to 25.50
Alternative scenario:
On the other hand, we see that if the level of 24.50 is broken down, it may push the pair down to $24.
Resistance levels
25.50
26.00
27.30
Support levels
24.50
24.00
23.86
*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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