REDATOR Ben Graham Posted February 18 REDATOR Report Share Posted February 18 [Silver] With a Death Cross between the two EMAs, Silver has the potential to weaken toward its nearest support level today. Key Levels1. Resistance. 2 : 76.9622. Resistance. 1 : 76.2233. Pivot : 74.0974. Support. 1 : 71.3585. Support. 2 : 69.232Tactical ScenarioPressure Zone: If the price breaks down below 71.358, there is potential pressure toward 69.232.Momentum Extension Bias: If 69.232 is brokenInvalidation Level/ Bias RevisionThe downside bias is contained if the price strengthens and breaks above 76.962.Technical Summary EMA(50) : 74.122EMA(200): 76.847RSI(14) : 65.47Economic News Release Agenda :There are no economic data releases from the United States today.The material has been provided by InstaForex Company - www.instaforex.com Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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