Silver Sell Call Intact as long as below 28.80 Price Zone

Updated
Silver stuck in a triangle channel. The immediate resistance price is 28.30, breaking above may test technically 28.0 price zone. As long as the silver price is not breaking above 28.80, we should not go for a long term buy.

As the market stuck descending the trend line, we may see some minor correction to the downside till the 27.60 price zone. But long Term sell will be applicable after breaking below the 27.40 price zone.

1st target 26.80 and Final Target To The Downside 25.80 price zone.
Trade closed: target reached
CommoditiesFundamental AnalysisSilverTrend AnalysisWave AnalysisXAG USD ( Silver / US Dollar)

Also on:

Related publications

Disclaimer