Silver price begins negatively - Analysis - 17-06-2022

2022-06-17 04:32:42 GMT (Economies.com)
 

Silver price ended yesterday with clear positivity to breach 21.85 level, but we notice that the price begins today negatively to head towards resuming the main bearish trend again, waiting to head towards 21.00 followed by 20.50 levels mainly.

 

Stochastic current negativity supports the expected decline, and breaking 21.50 will ease the mission of achieving the waited targets, noting that holding below 21.85 is important to continue the expecte decline.

 

The expected trading range for today is between 21.20 support and 22.00 resistance.

 

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The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0427
-0.0154
1.4550%
1.2096
-0.0176
1.4311%
19.698
-1.669
7.811%
108.022
0.605
0.563%
111.50
2.47
2.27%
1799.775
-29.770
1.627%
 
 
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