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Silver Dec, 8 2020
Overview:
prices are moving in an upward short-term direction.
Expected:
We note on the chart that the pair is approaching a strong resistance level around 24.75, which enhances the downside chances during today's trading to 24.35.
Alternative Scenario:
On the other hand, we see that if the level of 24.75 is broken to the upside, this pair might push further to the upside to 24.95.
| Resistance | 24.75 | 24.90 | 25.00 |
| Support | 24.35 | 24.20 | 24.00 |
*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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