Silver 26.1.2023

Technical Analysis
Thursday, January 26, 2023 - 13:20
Point Trader Group

Main trend:

Bearish.

Expected scenario:

The pair is still trading below 24.50 which would push the pair downwards towards 22.50.

Alternative scenario:

The scenario fails and turns to bearishness, after breaking 24.50 with targets: 25.

The most important levels

Resistance:

24.50 – 25.00

Support:

23.00 – 22.50

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