Find more articles and bullets on these widgets:
A bearish cycle in Silver remains intact and recent weakness reinforces current conditions. The metal last week traded to a fresh short-term cycle low and this has exposed the next key support at $26.018, the May 2 low. A clear break of this level would strengthen a bearish theme. Initial firm resistance has been defined at $28.872, the 50-day EMA. A clear break of this average is required to highlight a possible reversal.
2RU4 97.87/97.62ps vs 98.12c, trades 4 for the ps in 1.65k.