Midday update for Silver 14-01-2021

Economies.com
2021-01-14 10:24AM UTC

Silver price did not show any strong move since morning, keeping its stability below 25.50, to keep the bearish trend scenario active for today, supported by the negative pressure formed by the EMA50, waiting to head towards 22.87 that represents our next correctional target, reminding you that holding below 25.50 is important to continue the suggested negative scenario.

 

The expected trading range for today is between 24.50 support and 25.80 resistance.

 

The expected trend for today: Bearish

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