Silver has tentatively broken the ascending support of the latest bullish corrections, as price dips below 19.50 horizontal support as well, and thus the bullish outlook has neutralized for now, anticipating further confirmation of the overall bearish resumption scenario.
Support: 19.25, 19.00, 18.70, 18.50, 18.30
Resistance: 19.50, 19.70, 20.13, 20.30, 20.50
Recommendation Long silver above 19.50 targets at 20.10 and 20.90. Stop loss below 19.00
Support: 19.25, 19.00, 18.70, 18.50, 18.30
Resistance: 19.50, 19.70, 20.13, 20.30, 20.50
Recommendation Long silver above 19.50 targets at 20.10 and 20.90. Stop loss below 19.00