Midday update for Silver 06-08-2020
Economies.com
2020-08-06 09:03AM UTC
Silver price provides additional positive trades to reach our waited target at 27.90, and we expect the continuation of the bullish trend within the bullish channel that appears on the chart to head towards our next target that extends to 29.30.
In general, we will continue to suggest the bullish trend on the intraday and short term basis, noting that holding above 26.20 is important to continue the suggested rise.
The expected trading range for today is between 27.00 support and 28.50 resistance.
The expected trend for today: Bullish
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