Silver price breaks the support - Analysis - 30-12-2021

Economies.com
2021-12-30 05:34AM UTC

Silver price ended yesterday below the intraday bullish channel’s support line, to head towards achieving expected bearish bias in the upcoming sessions, targeting testing 22.00 as a first station.

 

Therefore, the bearish trend will remain suggested for today, noting that breaching 23.15 will stop the current negative pressure and lead the price to resume the bullish wave again.

 

The expected trading range for today is between 22.20 support and 23.00 resistance.

 

The expected trend for today: Bearish

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