Silver (metal): resistance at $25.6 then $26.8 erased


(CercleFinance.com) – Silver had lagged well behind gold since mid-March: the precious metal had gained 10% (from $2,070 to $2,275) and silver had not taken off.
Here it gains +8% in 48 hours: the resistance of $25.6 of December 1 and March 20 is erased, then it is the turn of $26.1 of May 4, 2023… and the 26.8 $ from March 8, 2022 are in turn overwhelmed.
Silver is heading straight towards the resistance of 28.4E on May 18, 2021 and could subsequently retrace the zenith of $29.3 on August 18, 2020.

Copyright © 2024 CercleFinance.com. All rights reserved.
The information and analyzes distributed by Cercle Finance only constitute a decision-making aid for investors. Cercle Finance cannot be held responsible directly or indirectly following the use of information and analyzes by readers. It is recommended that any uninformed person consult a professional advisor before making any investment. This indicative information does not in any way constitute an inducement to sell or a solicitation to buy.

Did you like this article ? Share it with your friends using the buttons below.





Facebook


Linkedin


E-mail

This is a Smartvoice article: see legal notices





Source link -85