Midday update for Silver 16-07-2021
Economies.com
2021-07-16 09:08AM UTC
Silver price faces negative pressure to break 26.25 and move below it, and we need to monitor the price behavior according to this level, as the price needs to trade above it again to resume the bullish trend that targets 26.80 initially, while holding below it represents negative factor to press on the price to decline and visit 25.65 level as a first negative target.
The expected trading range for today is between 26.00 support and 26.80 resistance.
The expected trend for today: Bullish
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