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Silver chart overview

COMEX:SI1!   Silver Futures
The price of silver lost 3.3% of its value yesterday, falling from $ 22.39 to $ 21.65. Today's picture is that the price recovered to $ 22.08 during the Asian session, and as we entered the European session, the price weakened and returned to the starting daily position at $ 21.75. We can say that there is more pressure on the lower support zone, and if it does not provide us with adequate support, we will see a new low this week. Our potential lower target is $ 21.50, then the $ 21.25 level. If the price of natural gas finds support here and forms a bottom, then there is a chance that we will see a recovery in the price. Higher targets us respectively $ 22.12, $ 22.40, the zone around $ 22.50, $ 23.00 and at the end the previous high at $ 23.34 price.

𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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