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Silver / U.S. Dollar
Long

Silver Market Update

By PFXTrader
Updated
With current retracement key support level currently at USD 27 if manage to hold potential price will resume to the upside retesting previous high with key resistant level at USD 31.
Comment
Price retesting USD 27 support during opening of Europe market,would consider a false breakout .Institution/bankers like to push price and buy at round number.Overall our key support @ USD27 remain intact.
Comment
USD 27 support penetrate and currently trading at USD26 ++ .If price break thru USD26 support further retracement is expected.
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