Midday update for Silver 05-07-2022

Economies.com
2022-07-05 09:48AM UTC

Silver price resumes its negative to move away from 20.00 barrier, reinforcing the expectations of continuing the bearish trend, motivated by stochastic negativity, waiting to head towards 19.00 that represents our next target, noting that holding below 20.70 and 21.20 is important to continue the expected decline.

 

The expected trading range for today is between 19.50 support and 20.35 resistance.

 

The expected trend for today: Bearish

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