Midday update for Silver 27-09-2021
Economies.com
2021-09-27 09:23AM UTC
Silver price shows slight bearish bias that hints heading to resume the expected bearish trend for the upcoming period, getting continuous support by the EMA50, besides stochastic loss to the positive momentum, waiting to head towards 21.65 followed by 20.75 levels as next main stations, while the decline will remain valid unless the price rallied to breach 22.90 and hold above it.
The expected trading range for today is between 22.10 support and 23.00 resistance.
The expected trend for today: Bearish
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