Silver price achieves intraday gains - Analysis - 16-06-2022

2022-06-16 04:19:12 GMT (Economies.com)
 

Silver price provided more bullish bias to test 21.85 level, and this resistance consolidates against the price until now, to keep the bearish trend scenario active, waiting to resume the negative trades and head towards 21.00 followed by 20.50 levels.

 

Stochastic shows negative signals that support the expected decline, which will remain valid unless breaching 21.85 and holding with a daily close above it.

 

The expected trading range for today is between 21.20 support and 22.00 resistance.

 

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The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0427
-0.0154
1.4550%
1.2096
-0.0176
1.4311%
19.698
-1.669
7.811%
108.022
0.605
0.563%
111.50
2.47
2.27%
1799.775
-29.770
1.627%
 
 
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