Silver Dec, 8 2020

Technical Analysis
Tuesday, December 08, 2020 - 23:26
Point Trader Group
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.

 

Resistance24.7524.9025.00
Support24.3524.2024.00

 


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