Silver price attempts positively - Analysis - 01-03-2021
Economies.com
2021-03-01 05:37AM UTC
Silver price bounced bullishly after reaching 26.00 barrier’s thresholds, to achieve some temporary gains now, affected by stochastic positivity, but its still below 27.50, which keeps the bearish trend scenario valid for the upcoming period, supported by moving below the EMA50.
We remind you that our next target is located at 25.50, while breaching 27.50 represents the key to stop the suggested bearish wave and return to resume the main bullish trend again.
The expected trading range for today is between 26.00 support and 27.50 resistance.
The expected trend for today: Bearish
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