Silver price breaches the resistance - Analysis - 16-07-2021
Economies.com
2021-07-16 04:41AM UTC
Silver price confirmed breaching 26.25 level after closing the daily candlestick above it, to activate the bullish trend scenario on the intraday basis, on its way to visit 26.80 as a first station.
Moving above the EMA50 supports the suggested positive scenario, which will remain valid conditioned by the price stability above 26.25.
The expected trading range for today is between 26.00 support and 26.80 resistance.
The expected trend for today: Bullish
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