Midday update for Silver 14-06-2021

Economies.com
2021-06-14 09:10AM UTC

Silver price begins to attack the bearish flag’s support line mentioned this morning and trades below it, which reinforce the expectations of continuing the bearish trend efficiently in the upcoming sessions, paving the way to achieve negative targets that start by surpassing 27.55 to confirm rallying towards 26.85, taking into consideration that consolidating above 27.80 will stop the expected decline and push the price to start new recovery attempts.

 

The expected trading range for today is between 27.20 support and 28.20 resistance.

 

The expected trend for today: Bearish

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