Overview
According to yesterday's expectations, the price’s close below the Resistance level 25.00 will give new opportunities for sell signals. Currently the metal has already managed to close below the Resistance level to trade below and open the way towards 24.40 as first target, then the metal must test the Support level 23.90 to get more bearish move till reaching 23.35 as second target. On the other hand, the metal's rebound from the Support level 23.90 cancels bearish scenario.
Resistance and support levels: R3 (25.00) R2 (24.80) R1 (24.40) S1 (23.90) S2 (23.35)