Midday update for Silver 11-02-2021

Economies.com
2021-02-11 10:16AM UTC

Silver price shows new positive trades to move above 27.00, which urges caution from the upcoming trading, as the price needs to settle below 27.60 to keep the bearish trend active for today, which its main target located at 25.50, noting that breaching 27.60 will lead the price to build bullish wave that targets 29.80 areas on the near term basis.

 

The expected trading range for today is between 26.00 support and 27.40 resistance.

 

The expected trend for today: Bearish

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