Midday update for Silver 23-09-2020

Economies.com
2020-09-23 09:13AM UTC

Silver price broke 23.60 level strongly and moves away from it now, which supports the continuation of our bearish overview efficiently for the rest of the day, opening the way to head towards 22.13 that represents our next main target, noting that the EMA50 continues to support the suggested bearish wave, noting that holding below 23.60 represents initial condition to continue the expected decline.

 

The expected trading range for today is between 23.00 support and 25.00 resistance.

 

The expected trend for today: Bearish

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