Market Overview

Technical Forecast for Silver

Technical Forecast for Silver
Silver short term outlook is more positive as we now look to target 20.15/17. We could continue higher in fact for a test of this month’s high at 20.28 with any further gains likely to reach Fibonacci resistance at 20.75/85 for a selling opportunity this week.
Immediate support is 19.85/80 & a buying opportunity at this stage.

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Posted-In: Technicals Commodities Markets Trading Ideas


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