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21.09.202209:11 Forex Analysis & Reviews: Analysis of Silver for September 21,.2022 - Potential for the breakout of the bigger triangle

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Technical analysis:

Exchange Rates 21.09.2022 analysis

Silver has been trading sideways at the price of $19.38 but I see potential for the downside movement in case of the downside breakout.

Trading recommendation:

Watch for potential downside breakout of the support at 19.20 to confirm further downside movement.

Downside objectives are set at the price of $18.77 and $18.55

Key resistance is set at the price of $19.64

Petar Jacimovic
Analytical expert of InstaForex
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