Midday update for Silver 15-10-2021

Economies.com
2021-10-15 09:15AM UTC

Silver price shows some bearish bias to head towards potential rest to 23.15 level, affected by stochastic negativity, and as long as the price is above this level, our bullish overview will remain valid for today, depending on the completion of the inverted head and shoulders’ pattern that its targets reach 25.00, noting that breaking 23.15 will press on the price to return to the bearish track again.

 

The expected trading range for today is between 23.15 support and 24.00 resistance.

 

The expected trend for today: Bullish

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