Silver price breaks the support - Analysis - 27-10-2021

2021-10-27 04:29:00 GMT (Economies.com)
 

Silver price broke 24.20 level strongly and closed the daily candlestick below it, to fall under expected negative pressure in the upcoming sessions, targeting testing 23.15 mainly.

 

Breaking 23.95 will reinforce the expectations to decline and achieve the mentioned target, while breaching 24.20 will stop the current negative pressure and push the price to resume the correctional bullish trend.

 

The expected trading range for today is between 23.50 support and 24.30 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0265
0.0067
0.6597%
1.2139
0.0022
0.1816%
20.583
0.219
1.075%
92.262
3.784
4.277%
97.88
-1.74
1.75%
1796.970
15.295
0.859%
 
 
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