Midday update for Silver 06-01-2022

2022-01-06 10:39:03 GMT (Economies.com)
 

Silver price broke 22.60 level strongly to rally bearishly to achieve the first negative target at 22.20, and we suggest the continuation of the decline to surpass 22.00 and continue the bearish bias on the intraday basis to reach the next target 21.40, noting that holding below 22.60 represents key condition to continue the expected bearish trend.

 

The expected trading range for today is between 21.80 support and 22.60 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0265
0.0067
0.6597%
1.2139
0.0022
0.1816%
20.583
0.219
1.075%
92.262
3.784
4.277%
97.88
-1.74
1.75%
1796.970
15.295
0.859%
 
 
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