Midday update for Silver 22-01-2021
Economies.com
2021-01-22 11:20AM UTC
Silver price faces negative pressure now to move below 25.50, which urges caution from the upcoming trading, as settling below the mentioned level will stop the recently suggested positive scenario and press on the price to turn to decline, to head towards visiting 24.00 areas initially, while the price needs to stepp above 25.50 again to revive the bullish trend that targets 27.70 followed by 28.90 levels as next main stations.
The expected trading range for today is between 25.00 support and 26.50 resistance.
The expected trend for today: Bullish
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