Midday update for Silver 09-05-2022
Economies.com
2022-05-09 09:28AM UTC
Silver price presses on 22.10 level now, waiting for more decline to extend the bearish wave towards 21.30, organized inside the bearish channel that supports the chances of achieving more negative targets on the intraday and short term basis, taking into consideration that the continuation of the bearish wave depends on the price stability below 23.10.
The expected trading range for today is between 21.80 support and 22.50 resistance.
The expected trend for today: Bearish
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