Silver Sinks Sharply on Friday, Markets eye U.S. Economic Results For the Further Directions; July 23, 2021

Technical View:
- Silver dropped sharply on Friday and touches $25.15 mark.
- Today the pair made intraday high at $25.47 and low at $25.15 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$25.15 on H1 Chart will check further downside supports too.
SUPPORTS | RESISTANCES |
$25.15 | $25.45 |
$25.09 | $25.49 |
$25.02 | $25.54 |
$24.94 | $25.60 |
$24.87 | $25.64 |
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