Midday update for Silver 11-05-2022

Economies.com
2022-05-11 09:22AM UTC

Silver price shows clear positive trades now, affected by stochastic positivity, while the negative scenario still valid as long as 22.10 remains intact, organized inside the bearish channel that appears on the chart, supported by the negative pressure formed by the EMA50, reminding you that our next main target reaches 20.75.

 

The expected trading range for today is between 21.00 support and 21.75 resistance.

 

The expected trend for today: Bearish

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