Silver price breaks the support - Analysis - 10-06-2022
Economies.com
2022-06-10 04:20AM UTC
Silver price broke 21.85 level clearly and settled below it, to head towards achieving more expected decline in the upcoming period, on its way to achieve negative targets that start at 21.35 and extend to 20.50.
Moving below the EMA50 supports the expected decline, noting that breaching 21.85 will stop the negative scenario and lead the price to resume the correctional bullish track again.
The expected trading range for today is between 21.15 support and 21.90 resistance.
The expected trend for today: Bearish
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