Midday update for Silver 16-06-2021
Economies.com
2021-06-16 09:37AM UTC
Silver price trades positively to test the EMA50, which forms good intraday resistance against the price, and as long as the price is below 27.90, our bearish overview will remain valid and active for today, supported by stochastic reach to the overbought areas, while the targets begin by breaking 27.55 to open the way to head towards 26.85.
The expected trading range for today is between 27.00 support and 28.00 resistance.
The expected trend for today: Bearish
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