Midday update for Silver 14-10-2021
Economies.com
2021-10-14 09:22AM UTC
Silver price shows new positive trades to test the main bearish channel’s resistance, and we need to monitor the upcoming trades, as holding below this resistance represents major condition to continue the expected bearish trend for today, noting that breaching this resistance at 23.30 will push the price to exit the bearish channel and turn to rise, while the waited negative targets begin at 22.90 and extend to 21.65.
The expected trading range for today is between 22.40 support and 23.30 resistance.
The expected trend for today: Bearish
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