Permanecer 
Condiciones de negociación
Products
Herramientas
Siver prices retraced following the drop between $22.20 and $21.67 on Monday, raising through the $21.95 mark on Tuesday. The metal is nicely set up to drag lower from here towards $21.30 and $21.00 in the next few trading sessions. Bears will remain inclined to hold prices below the $22.20 mark to keep the near-term structure intact.
Silver is unfolding a counter-trend rally since the $20.45 lows, which is expected to terminate at around the $24.00-20 zone. The above zone is also close to the Fibonacci 0.618 retracement of its recent drop between $26.22 and $20.45 respectively. Also, it is near the past support-turned-resistance zone marked as a rectangle on the 4H chart here.
The high probability remains for bears to be back in control and drag prices lower through $20.45 and further from $24.00. In the near term, Silver might drop through sub $21.00 levels to find support before resuming its rally to the $24.00-20 mark. Traders might be preparing to add further longs around the $21.00-30 zone.
Potential rally through $24.00-20 against $20.00
Good luck!
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
