Midday update for Silver 15-12-2021

Economies.com
2021-12-15 11:46AM UTC

Silver price continues to decline to crawl gradually towards our waited target at 21.40, and we expect to extend the bearish wave on the longer term basis supported by the negative pressure formed by the EMA50, reminding you that the continuation of the expected decline requires holding below 22.30.

 

The expected trading range for today is between 21.40 support and 22.15 resistance.

 

The expected trend for today: Bearish

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