Midday update for Silver 07-05-2021
Economies.com
2021-05-07 08:49AM UTC
Silver price shows new positive trades to reinforce the expectations of continuing the bullish trend within the bullish channel that appears on the chart, supported by the EMA50 that pushes the price to achieve more expected gains, noting that our waited targets begin at 28.25 and extend to 29.00, while achieving them requires holding above 26.80.
The expected trading range for today is between 26.80 support and 28.00 resistance.
The expected trend for today: Bullish
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