Silver price crawls downwards - Analysis - 04-03-2021
Economies.com
2021-03-04 05:14AM UTC
Silver price resumed its negative trades to test 26.00 barrier now, which supports the continuation of our bearish overview, getting continuous support by the EMA50, waiting to visit 25.50 as a main target.
Note that breaking the targeted level will extend the bearish wave to reach 24.65 as a next station, while the expecte decline will remain valid unless breaching 27.15 and holding above it.
The expected trading range for today is between 25.50 support and 26.60 resistance.
The expected trend for today: Bearish
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