Silver 28.12.2021

Technical Analysis
Tuesday, December 28, 2021 - 14:14
Point Trader Group
Silver 28.12.2021

Overview:

The pair is trading in an uptrend

Expected scenario:

We expect a price rise as long as trading continues above 21.50 to target 24

Alternative scenario:

On the other hand, we see that if the 21.50 level is broken down, it may push the pair down to 21 and 20.50.

 

Resistance levels

24.00

24.50

25.00

 

Support levels

22.00

21.50

21.00

  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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