Silver is in descending parallel channel along with triangle breakdown, signs are not good for bulls, there is a support zone at 23.781 to 24.02 range, which can provide a support like buying box, and can pull back towards 25.290 or more, this view's invalidation is break below 23.781, if price action breaks down this level then fresh selling pressure can be seen, and it can drag towards 22.000 or below, chart says everything.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
YouTube: www.youtube.com/@rk_charts
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
