Silver- 26 is strong resistance now
After dropping around 18% from last week s top, Silver found support on Monday at 24.30 and started to rise.
The rise is clearly corrective in nature and it looks like a flag.
I expect gains to be very well capped around 26 resistance and we can expect a new wave of sales from here.
A good target for sellers can be 24.50
The rise is clearly corrective in nature and it looks like a flag.
I expect gains to be very well capped around 26 resistance and we can expect a new wave of sales from here.
A good target for sellers can be 24.50
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