Silver price breaches the resistance - Analysis - 16-04-2021
Economies.com
2021-04-16 01:12AM UTC
Silver price breached 25.50 level clearly and settled above it, which stop the recently suggested negative scenario and lead the price to turn to rise, on its way to achieve gains that start at 26.20 and extend to 27.00.
The EMA50 supports the price from below, to reinforce the positive overview, which will remain valid unless breaking 25.50 and holding below it.
The expected trading range for today is between 25.50 support and 26.40 resistance.
The expected trend for today: Bullish
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