Midday update for Silver 06-05-2021

2021-05-06 10:18:58 GMT (Economies.com)
 

Silver price trades positively now and attempts to return to the intraday bullish channel, which urges caution from the upcoming trading, as surpassing 26.70 and holding above it will stop the recently suggested negative scenario and lead the price to return to the bullish track again.

 

Therefore, we prefer staying aside until the price confirms its situation according to 26.70 level to detect the next destionation clearly.

 

The expected trading range for today is between 26.20 support and 26.90 resistance.

 

The expected trend for today: Neutral

 
 
 
  Symbol Last Change Chg.%
1.1934
0.0032
0.2651%
1.3919
0.0025
0.1825%
Tadawul
10919.68
6.62
0.06%
25.958
-0.030
0.117%
73.581
1.755
2.443%
75.56
0.32
0.43%
1774.000
-4.390
0.247%
 
 
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