Silver price breaks the support - Analysis - 04-01-2022
Economies.com
2022-01-04 05:17AM UTC
Silver price broke the bullish channel’s support line and settled below it, to turn to decline on the intraday basis, on its way to visit 22.20 followed by 22.00 levels initially.
Therefore, the bearish bias will be suggested for today, noting that breaching 23.15 will stop the current negative pressure and lead the price to recover again.
The expected trading range for today is between 22.20 support and 23.15 resistance.
The expected trend for today: Bearish
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