Silver price attempts to recover - Analysis - 08-04-2022
Economies.com
2022-04-08 01:52AM UTC
Silver price provided positive trades to move away from 24.20 level, while the EMA50 forms negative factor that supports the expectations of continuing the bearish trend, which its targets begin by breaking the mentioned level to confirm heading towards 23.15 as a next negative target.
Therefore, the bearish trend scenario will remain valid and active conditioned by the price stability below 25.05.
The expected trading range for today is between 24.00 support and 24.90 resistance.
The expected trend for today: Bearish
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