Trade of the day Silver

Silver downside reversal 

 

Silver has reversed lower from the strong upside resistance 24. This reversal is leading to a possible test of the strong breakout level 22. Now a confirmed break above 24 is required for the upside continuation and invalidation of the downside reversal and a confirmed break below 22 is required for a complete and immediate downside reversal. Between 22 and 24 be ready for swing trading

Note: look for the short trade entries with the stop loss above 24 on a possible pullback higher from here

Silver price action analysis

 

 

 

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