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Mihai_Iacob
Dec 6, 2021 3:08 AM

Silver can drop to 21.50 Short

SilverOANDA

Description

In my previous Silver analysis I said that XagUsd is more bearish than Gold, arguing that after the false break of the H&S pattern, the price would also break the trend line support and fall to 22.50 support. And, indeed, the price fall even more and found support at 22.
Now we are in a normal rebound and 22.80-23 zone should act at resistance at this point.
Rallies towards that zone should be sold and the target can be 21.50 support.
Only strong buying above 23 would change my bearish opinion
Comments
MadWhale
nice
KlejdiCuni
Excellent, totally agree!
AnonimFXRO
nice chart
ForexTrendline
Looks nice, thanks!
MMBTtrader
important supports and resistances mentioned

well done
Vibranium_Capital
Lovely idea bro
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