Midday update for Silver 09-02-2021

Economies.com
2021-02-09 10:42AM UTC

Silver price fluctuates at the key resistance 27.60 and attempts to breach it, which urges caution from the upcoming trading, as confirming the breach will stop the recently suggested negative scenario and push the price to turn to rise, while the price needs to consolidate below this resistance to resume the bearish trend that its next target located at 25.50.

 

The expected trading range for today is between 26.70 support and 28.00 resistance.

 

The expected trend for today: Bearish

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