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Silver 28.10.2021
Overview:
The above chart shows that the pair is trading in a short-term bullish trend
Expected scenario:
The pair is trading below a strong resistance level around 24.81, which enhances the chances of descending during today's trading to 23.25
Alternative scenario:
On the other hand, we see that if the level of 24.81 is broken upwards, it may push this pair to rise to 25 dollars
Resistance | 24.81 | 25.00 | 25.30 |
Support | 23.25 | 23.00 | 22.75 |
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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