Midday update for Silver 11-01-2021

Economies.com
2021-01-11 10:42AM UTC

Silver price trades positively to approach testing the key resistance 25.50, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend active for the upcoming period, which targets 22.87 level as a next negative target, noting that breaching the mentioned resistance will push the price to regain the main bullish trend again.

 

The expected trading range for today is between 23.80 support and 25.50 resistance.

 

The expected trend for today: Bearish

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