Overview
According to our yesterday's expections, the price’s close below the Support level of 21.50 will give new opportunities for sell signals. Currently, the metal has already managed to close below the Support level to trade below and open the way towards 21.70 as the first target, then the metal must test the Support level of 21.70 to get more bearish move till reaching 20.90 as the second target. On the other hand, the metal's rebound from the Support level of 21.20 cancels bearish scenario.
Resistance and support levels: R3 (23.40), R2 (22.70), R1 (22.30), S1 (22.00), S2 (21.50), S3(21.20).
