Silver 3.4.2023

Technical Analysis
Monday, April 03, 2023 - 10:54
Point Trader Group

Main Trend:

Bullish than bearish.

Expected scenario:

The pair is reaching very soon a strong resistance level 24.45 on the chart above so we will be waiting for the pair to show up bearish evidence below it to target: 23.50.

Alternative scenario:

The scenario fails and turns to bullishness, after the breakout of 24.45 to target: 24.50.

The most important levels

Resistance: 

24.50 – 25.00

Support: 

23.50 – 23.00

  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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