Midday update for Silver 23-09-2021
Economies.com
2021-09-23 11:16AM UTC
Silver price returns to test 22.90 level, as the price is affected by stochastic positivity, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend active for today, as breaching it will push the price to start bullish wave that targets testing 23.55 areas initially, while the negative targets of the expected bearish wave are located at 22.30 followed by 21.65.
The expected trading range for today is between 22.10 support and 22.90 resistance.
The expected trend for today: Bearish
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