Midday update for Silver 08-03-2021
Economies.com
2021-03-08 10:40AM UTC
Silver price bounced bearishly after testing the intraday bearish channel’s resistance, supported by the negative signal provided by stochastic, waiting to visit 24.65 as a next main station, noting that the EMA50 supports the suggested decline, which will remain valid conditioned by the price stability below 26.05.
The expected trading range for today is between 24.80 support and 26.05 resistance.
The expected trend for today: Bearish
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