Midday update for Silver 29-12-2020

Economies.com
2020-12-29 10:02AM UTC

Silver price fluctuates around 26.15 level since morning, while stochastic reaches the oversold areas, which supports the chacnes of resuming the expected bullish trend for the upcoming period, which its targets begin at 26.88 and extend to 27.65 on the near term basis, taking into consideration that the continuation of the bullish trend requires holding above 25.06.

 

The expected trading range for today is between 25.80 support and 27.00 resistance.

 

The expected trend for today: Bullish

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