Silver price crawls downwards - Analysis - 21-12-2021
Economies.com
2021-12-21 05:07AM UTC
Silver price shows clam negative trades to move below 22.30 now, but we notice that stochastic shows positive signals that we expect to assist to push the price to rise again, and the price needs to surpass 22.30 to reinforce the chances of heading towards 23.15 as a next main target.
On the other hand, we should note that failing to achieve the required breach will press on the price to continue the decline and target 21.40 areas on the near term basis.
The expected trading range for today is between 21.90 support and 22.70 resistance.
The expected trend for today: Bullish
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