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July 21, 2021

Silver hits fresh 3 – month low at $24.75 mark, a sustained close below will check further supports; July 21, 2021

Technical View:

Silver sinks below $25.00 mark and hits fresh 3 – month low at $24.75 in early hours of Asia.
Today the pair made intraday high at $25.19 and low at $24.75 mark.
A day chart as well as H1 chart with triple EMA confirms bearish trend for the time being.
A sustained close above $25.15 on H1 chart requires for the upside rally.
Alternatively, a consistent close below$24.80 on H1 Chart will check further downside supports too.

SUPPORTS	RESISTANCES
$24.80	$25.15
$24.75	$25.20
$24.71	$25.23
$24.64	$25.28
$24.57	$25.35

Take a look and do trade wisely!
Good Luck

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