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
趨勢分析(圖1)。 週三,從1.3487的水平(昨日的日線收盤),市場可能繼續下行至目標1.3420 – 38.2% 的回撤水準(黃色虛線)。
趨勢分析(圖 1)。 週三,從1.1645的水準(昨日收盤價)開始,市場可能持續向下移動,目標為1.1600——38.2%的回撤水準(藍色虛線)。
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