Silver technical analysis.

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The image is a price chart from TradingView showing CFDs on Silver (US$/OZ) on a 1-hour timeframe. The chart includes technical analysis with support and resistance levels drawn in purple and a projected price movement marked in blue.

Key Observations:

Current Price: 32.2809

Resistance Level: Around 32.6000

Support Level: Around 31.8000

Projected Movement:

A potential price increase toward resistance (~32.6000)

Followed by a drop to support (~31.8000)



This suggests a possible bearish movement after reaching resistance. Would you like further analysis or trade ideas based on this setup?

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