Midday update for Silver 19-01-2021
Economies.com
2021-01-19 11:11AM UTC
Silver price tests 25.50 level and still below it until now, which keeps the bearish trend scenario valid for today, supported by the negative pressure formed by the EMA50, besides stochastic reach to the overbought areas, waiting to rebound bearishly to head towards 22.87 that represents the next negative station.
The expected trading range for today is between 24.40 support and 25.60 resistance.
The expected trend for today: Bearish
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