Silver may fall to 20.70 - 21.30

BY Trading Central

|February 14, 2024

ST: turning down.

 ST: turning down.



Our preference

Short positions below 23.05 with targets at 21.30 & 20.70 in extension.

Alternative scenario

Above 23.05 look for further upside with 23.75 & 24.60 as targets.


The RSI is bearish and calls for further downside.

Supports and resistances

24.60 ***

23.75 ***

23.05 ***

22.00 Last

21.30 ***

20.70 ***

20.00 ***

Number of asterisks represents the strength of support and resistance levels.

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