Silver Hovers Around Key Resistance at $25.45 mark, A Sustained close above requires for the upside rally; July 26, 2021

Technical View:

  • Silver starts a new week on a positive note and remains well supported above $25.00 mark.
  • Today the pair made intraday high at $25.41 and low at $25.12 mark.
  • A day chart is bearish but H1 chart with triple EMA confirms up trend for the time being.
  • A sustained close above $25.45 on H1 chart requires for the upside rally.
  • Alternatively, a consistent close below$25.00 on H1 Chart will check further downside supports too.
$25.09 $25.45
$25.02 $25.49
$24.94 $25.54
$24.87 $25.60
$24.80 $25.64

Take a look and do trade wisely!
Good Luck