Will Silver Confirm Further Downside Movement
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Technical analysis:
Silver has been trading sideways at the price of $19.38 but I see potential for the downside movement in case of the downside breakout.
Trading recommendation:
Watch for potential downside breakout of the support at 19.20 to confirm further downside movement.
Downside objectives are set at the price of $18.77 and $18.55
Key resistance is set at the price of $19.64
Relevance up to 09:00 2022-09-22 UTC+2 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
