CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Chart of the day - SILVER (02.03.2021)

09:44 2 March 2021

Silver continues sell-off started last week as the US dollar continues to regain ground. Price dropped almost 7% over the past 4 sessions and has reached an important support today. Silver is testing the lower limit of the Overbalance structure at $26.15 and the upward trendline. Closing daily candlestick below this hurdle can be seen as a signal of short-term trend reversal. In such a scenario, the next support to watch can be found at a mid-term price zone at $24.75. 

Source: xStation5

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