Silver price attempts to recover – Analysis - 30-12-2020

Economies.com
2020-12-30 05:02AM UTC

Silver price shows bullish bias now in attempt to resume the bullish trend, motivated by stochastic positivity, waiting for more rise in the upcoming sessions to visit 26.88 initially, reminding you that breaching this level will extend the bullish wave to reach 27.65 as a next station.

 

Therefore, the bullish trend scenario will remain valid and active on the intraday and short term basis unless breaking 25.06 and holding below it.

 

The expected trading range for today is between 26.00 support and 27.20 resistance.

 

The expected trend for today: Bullish

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