SILVER January, 27 2020

Technical Analysis
Monday, January 27, 2020 - 12:36
Point Trader Group
SILVER January, 27 2020

Overview:

The pair may continue its rise from the current levels, reaching the resistance level of $ 18.66, where the strong resistance area from which it may bounce

Expected:

We will wait for the pair to reach the above mentioned resistance level and in the event of some negative signs appearing, it may push the pair down to 18

Alternative Scenario:

On the other hand, we see that if the resistance level breaks 18.66 up, it could push this pair up to $ 19


 

Resistance18.6618.8019.00
Support18.0017.9017.50

 


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