Silver price breaks the support - Analysis - 22-06-2022

2022-06-22 04:20:31 GMT (Economies.com)
 

Silver price opened today’s trading with clear negativity to break 21.45 level an settles below it, which stops the recently suggested positive scenario and press on the price to turn to decline, and we expect heading to visit 20.95 followed by 20.50 levels as next main stations.

 

The EMA50 supports the expected decline, which will remain valid unless the price rallied to breach 21.85 followed by 22.00 levels and hold above them.

 

The expected trading range for today is between 21.00 support and 21.70 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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