FX.co ★ SILVER H1: Bearish Rectangle

According to the chart of H1, SILVER formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 57.63 - 0.00 and support 56.62 – 56.62. In case the resistance level 56.62 - 56.62 is broken, the instrument is likely to follow the bearish trend.