Be Watchful on Silver as It Hits Fresh 3 – month low at $25.30 mark, what’s Next?; July 19, 2021

Technical View:
- Silver sinks sharply on Monday and hits fresh 3 – month low at $25.30 mark.
- Today the pair made intraday high at $25.76 and low at $25.30 mark.
- A day chart as well as H1 chart with triple EMA confirms down trend for the time being.
- A sustained close above $25.54 on H1 chart requires for the upside rally.
- Alternatively, a consistent close below$25.26 on H1 Chart will check further downside supports too.
SUPPORTS | RESISTANCES |
$25.26 | $25.54 |
$25.19 | $25.62 |
$25.11 | $25.68 |
$25.07 | $25.76 |
$24.99 | $25.82 |
Take a look and do trade wisely!
Good Luck

TP Global FX Research Team
With a decade of Forex Market insight, TP Global FX Research Team delivers you the Market Insight that boosts your Trading Skills