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31.03.202307:56 Forex Analysis & Reviews: Analysis of Silver for March 31,.2023 - Tight sideways range breakout

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Technical analysis:

Silver has been trading sideways in the last 10 hours and I see potential for the downside breakout and downside correction to start.

Due to the breakout of the mini consolidation to the downside, I see potential for the further downside movement.

Downside objectives are set at 23.70 and 23.40

MACD is showing bearish divergence, which is good sign for the further downside movement.

Key Intraday resistance is set a the price of 23.90

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