Preferred direction: SELL
Comment: We are also taking a pause regarding buy-priority in silver, but the medium-term prospects are still on the buyer’s side. In intraday trading, a rollback towards the level of 22.66 is expected. We are considering two scenarios, where scenario №2 assumes a rollback to resistance at 23.32 before a fall to the specified target. To a greater extent, scenario №2 is considered as a potential restart for scenario №1.
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Comment: We are also taking a pause regarding buy-priority in silver, but the medium-term prospects are still on the buyer’s side. In intraday trading, a rollback towards the level of 22.66 is expected. We are considering two scenarios, where scenario №2 assumes a rollback to resistance at 23.32 before a fall to the specified target. To a greater extent, scenario №2 is considered as a potential restart for scenario №1.
Thank you for like and share your views!
Trade closed: target reached
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🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.