English
Silver August, 13 2020
Overview:
The chart above shows that the pair is trading below a strong resistance level around $ 26.20, which enhances the downside chances during today's trading.
Expected:
We think that if trading continues below the aforementioned resistance level, it may push the pair down to 25.20
Alternative Scenario:
On the other hand, we believe that if the level of $ 26.20 is broken to the upside, this pair might push up to 27.00
| Resistance | 26.20 | 26.50 | 27.00 |
| Support | 25.20 | 25.00 | 24.80 |
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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