Silver is once again at its very strong support. I see a opportunity for buying @60000 with a SL at 57800( Just below the rectangle box).
In the past we have seen it getting rejected twice from 200dma so that will be our immediate short term Target @65000
The other levels marked(66650,70000,73150) are all important Support/Resistance levels which will be our further targets in the medium term if the price breaks above 200dma.
Pls do give me a thumbs up if you liked my analysis😊, Good Luck trading!👍
In the past we have seen it getting rejected twice from 200dma so that will be our immediate short term Target @65000
The other levels marked(66650,70000,73150) are all important Support/Resistance levels which will be our further targets in the medium term if the price breaks above 200dma.
Pls do give me a thumbs up if you liked my analysis😊, Good Luck trading!👍