Midday update for Silver 16-03-2021
Economies.com
2021-03-16 10:18AM UTC
Silver price shows calm negative trades to test the EMA50, while stochastic provides negative signals that support the chances of continuing the decline for the rest of the day, to keep our bearish overview that depends on the price stability below 26.40, while our next main targets located at 25.50 followed by 24.55.
The expected trading range for today is between 25.50 support and 26.60 resistance.
The expected trend for today: Bearish
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