Silver price achieves intraday gains - Analysis - 05-11-2021
Economies.com
2021-11-05 05:36AM UTC
Silver price provided clear positive trades yesterday to approach testing 24.20 level, and as long as the price is below this level, the bearish trend scenario will remain suggested for the upcoming period, supported by the negative signals provided by stochastic now, waiting to test 23.15 again, reminding you that breaking this level will push the price to 22.45 as a next main station.
The EMA50 supports the expected decline, which will remain valid unless breaching 24.20 and holding above it.
The expected trading range for today is between 23.20 support and 24.20 resistance.
The expected trend for today: Bearish
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