Silver price continues to decline - Analysis - 26-04-2022

Economies.com
2022-04-26 01:29AM UTC

Silver price continued to decline to reach our waited negative target at 23.15, and the negative effect of the double top pattern still active, to support the chances of breaking the mentioned level and extend the bearish wave towards 22.50 areas.

 

Therefore, we expect to witness more decline in the upcoming sessions conditioned by the price stability below 24.20.

 

The expected trading range for today is between 23.10 support and 24.00 resistance.

 

The expected trend for today: Bearish

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