Silver Sell Call From 28 to 30 Price Zone

May 25, 2021

We may see a big drop from the 28 to 30 price zone. from the present price zone, 28 to 30 is strong resistance and 2021's high rate. Unless the corona pandemic turns into a massive disaster again, it may not break above the 30 price zone.

Technically, Silver is rising and still stable above the rising trend line, after breaking below the rising trend line we may sell again. otherwise, we will sell it from 28 to 30 price zone after forming a bearish candle or pattern. mind it 25 to 26 price zone will be considered as strong support. so our TP1 will be 26.00 and finally 22 to 20 price zone.

We don't think silver will drop below 220 to 20 price zone again unless the comes in a hassle-free environment. This is true, based on present situation this is almost impossible for the next few months.