Silver price awaits the break - Analysis - 07-04-2022

Economies.com
2022-04-07 01:37AM UTC

Silver price faces solid support at 24.20, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to break the mentioned level and confirm rallying towards our next negative target that reaches 23.15.

 

In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 25.05 and holding above it.

 

The expected trading range for today is between 23.80 support and 24.60 resistance.

 

The expected trend for today: Bearish

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