Silver price awaits more decline - Analysis - 03-12-2021

2021-12-03 02:35:16 GMT (Economies.com)
 

Silver price fluctuates within sideways track since yesterday, settling at the bearish channel’s resistance, thus, no change to the bearish trend scenario that depends on the price stability below 22.70 as a first condition to continue the expected decline, supported by the negative pressure formed by the EMA50, reminding you that our next main target extends to 21.40.

 

The expected trading range for today is between 21.70 support and 22.70 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1285
-0.0013
0.1129%
1.3499
0.0022
0.1606%
Tadawul
12108.56
56.61
0.47%
23.823
0.007
0.027%
85.081
1.540
1.843%
87.71
1.40
1.62%
1848.775
9.310
0.506%
 
 
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