Its a good support from the Last 12 months when price reached this level. 4 times of 6 we had a good rebound . the 2 other times it breaks trought and 1 of it was during the Covid 19 Crash. Its currently over sold.
silver should bounce here, Gold is up and silver way too low in comparison.
fake breakout to 2940 is coming , 2930 = very strong resistance its the 0.618 fib . first target 2850