Silver Futures (SL1!) D1 I Bearish Drop
Type:
Bullish Reversal
Key Levels:
Resistance: 35.79
Pivot: 33.78
Support: 31.97
Preferred Case:
Looking at the D1 chart, the price could fall toward a pullback support and potentially rise toward the 1st Resistance at 35.79
Alternative Scenario:
Price may break below the Pivot at 33.78 and rise toward the 1st Support at 31.97
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Desmond Leong runs an award-winning research firm (The Technical Analyst finalists 2018/19/20 for Best FX and Equity Research) advising banks, brokers and hedge funds. Backed by a team of CFA, CMT, CFTe accredited traders, he takes on the market daily using a combination of technical and fundamental analysis.