Silver chart analysis

COMEX:SI1!   Silver Futures
Since the price of silver failed to exceed $ 22.00 yesterday, a pullback followed, which formed a four-day lower low at $ 21.25. Since then, the price of silver has recovered to $ 21.45. We should be at $ 21.50 soon, where we come to moving averages, and we need a break above to return to the positive zone. Our targets are $ 21.60, $ 21.75 and $ 22.00 resistance zone . We need continued negative consolidation and a pullback to this morning’s low for the bearish option. A break in gas prices below this support level would bring us down to the $ 21.00 level, where we would test last week’s low.

𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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