Silver SEP, 20 2021
Overview:
The pair is trading in a short-term downtrend.
Expected scenario:
We notice on the chart that the pair is approaching a strong support level around 22.20 - 21.64, which enhances the chances of ascending during the upcoming period to 23.90
Alternative scenario:
On the other hand, we see that if the 21.64 level is broken down, it may push this pair down to $21
Resistance | 23.90 | 24.00 | 24.50 |
Support | 22.18 | 21.64 | 21.30 |
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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