egegonulcan

Silver In Critical Resistance

Long
TVC:SILVER   CFDs on Silver (US$ / OZ)
Silver is finally breaking the resistance level of the 24 zone. As we've discussed in our analysis of Gold, Silver will also benefit from the macroeconomic factors shaping the markets in early 2023. Still, since the U.S. Markets are closed today, it's best to wait 1-2 days for confirmation as the price may fall to the support level of 23 Dollars. Even if the price falls this week, it should be seen as a buying opportunity.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.