Silver, Plus a Look at Housing

from King World News

Here is a look at silver and housing.

Silver

June 22 (King World News) – Top Citi analyst Tom Fitzpatrick on silver: Silver continues to test a triple support range at $25.68-$25.72, which is where the 200 day MA is converging with a 61.8% Fibonacci retracement and an interim horizontal support. If the support range were to give away, the next level we would be watching is a 76.4% Fibonacci retracement at $24.95. On the other hand, if silver were to bounce higher from here, the first level of resistance would be seen at $26.44 and we would also have a good resistance range at $26.88-$27.04, which is where the 55 day MA is converging with the June 3rd 2021 low….

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