Silver neutral

Silver back to two-year lows

31 august 2022 147
Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
2nd in the segments "US stocks" and "Agricultural commodities"
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After a growth wave at the end of July and the first half of August, silver prices again fell to two-year lows just above the level of 18. Quotes can find support here and form at least a slight upward rebound.

 

The RSI indicator approach to the oversold zone increases the chances of growth. The first target is the level of 18.8, if it fixes above it, a movement to 19.4 is possible.

Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
2nd in the segments "US stocks" and "Agricultural commodities"
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